Tottenham Hotspur will become the latest English Premier League team to tap into blockchain technology to issue and manage its own Web3 fan token to drive supporter engagement and rewards.
Spurs will issue the fan token through Socios.com, the fan engagement platform built on the Chiliz blockchain that has attracted over 80 major sporting teams from different codes worldwide. The platform enables teams to issue and manage fan tokens, digital collectibles and real-world rewards, while users can participate in decentralized autonomous organization-like decisions involving their favorite teams.