The Paris Saint-Germain Fan Token ($PSG) enables fans of Paris Saint-Germain to have a tokenized share of influence on club decisions. It can be purchased through the consumer-facing platform, Socios.com. Fans can participate in various club decisions, such as selecting a goal celebration song, and earn rewards and exclusive experiences.

Fan Tokens enable fans across various sports verticals to exert their influence within their favorite teams/leagues/clubs. Through Socios.com, fans are empowered to participate in certain club decisions, such as choosing a goal celebration song in a football stadium or determining which fighters should face off in MMA, and more. Fan Token holders also gain access to exclusive experiences like player meet and greets, training day events, and much more.

The Socios.com platform has partnered with some of the biggest sporting organizations in the world, including FC Barcelona, Inter Milan, AC Milan, Manchester City, UFC, ROUSH Fenway Racing, Aston Martin, and many others.

Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the Chiliz and Socios.com platform. With the launch of their platform and other sports blockchain ventures, a new type of token has emerged - the Fan Token. Club partners, yet to be announced, host a Fan Token Offering (FTO) on the Socios.com platform. Fans need to purchase $CHZ through a cryptocurrency exchange to acquire Fan Tokens. These tokens are team or club-specific digital assets that provide access to an encrypted ledger of voting and membership rights ownership.

Fan Tokens are minted on a permissioned sidechain called Chiliz Chain, which is compatible with the Ethereum Virtual Machine (EVM). Currently, Chiliz Chain does not require any transaction fees, ensuring fast and cost-effective sending and receiving of Fan Tokens.

Chiliz has plans to upgrade the Chiliz Chain to establish themselves as a leader in the sports blockchain space. This upgrade may include the minting of NFTs, staking, and more.