Explained: The Galatasaray Fan Token (GAL)

Are you a soccer (football) fan? If so, you may be glad to know that approximately 3.5 billion people across the globe share your love for the sport — on average, that’s one soccer enthusiast for every two people on the planet. Well, what if you were offered a chance to connect with your favorite soccer club, and be rewarded for your support? No, we’re not pulling your socks.

In this article, we’ll discuss everything related to Socios.com, the concept of fan tokens and one fan token in particular — the Galatasaray Fan Token.

What Is Socios.com?

Socios.com is a sports fan engagement app powered by the cryptocurrency Chiliz (CHZ). Targeted toward soccer fans, the app allows them to participate in the everyday activities of their favorite club. As a fan, you’re eligible to win rewards for your participation in the form of digital assets called fan tokens. Clubs can issue these fan tokens on the Socios platform, and fans can buy or earn them via the Socios mobile app. 

As a supporter and holder of a club’s fan token, you get to vote in their exclusive club polls. These fan tokens give you the power to influence the decisions of your favorite team/club, a first in the world of sports. You can also unlock rewards, gain access to exclusive promotions involving your favorite players, connect with fan communities, and earn VIP rewards.