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AC Milan Fan Token is a utility asset on the Chiliz Chain that enables supporters to vote on club decisions and access VIP rewards. Built by Chiliz for the Socios platform, it features a capped total supply of 20,000,000 tokens. The project aims to deepen fan engagement through governance, rewards, and future staking opportunities.
AC Milan Fan Token (ACM) is one of 40 fan tokens for international football clubs on Socios. It allows supporters to participate in club decisions, receive VIP rewards, and access exclusive promotions, games, chats, and superfan recognition.
Built by the fintech blockchain company Chiliz, ACM is a utility token on the Chiliz Chain, a Proof-of-Authority sidechain constructed on Ethereum. Similar to other fan tokens, it grants AC Milan fans influence over team operations through voting on polls that the club must consider. Holders can vote on matters such as jersey designs, training venue names, and upcoming fan events.
The token serves as an entry point for fans to demonstrate loyalty by earning reward points, obtaining VIP experiences, and buying club merchandise. As with many crypto platforms, holding more tokens ensures greater influence within the tokenbase. The founders have characterized ACM as the “ultimate fan engagement tool”.
The AC Milan Fan Token (ACM) operates on the Socios platform, which was established in 2018 by French internet entrepreneur Alexandre Dreyfus. In an interview with the French news outlet Sportspro, Dreyfus stated that Socios intends to “support clubs to achieve a better connection between the fans and themselves.”
He has also indicated that the business seeks to help clubs create extra revenue streams while acknowledging the transition in the fan industry from passive to active engagement, allowing fanbases to be monetized and fans to receive recognition. Before launching Socios, Dreyfus founded chiliz (CHZ), where he serves as CEO. Chiliz is a global sports and entertainment digital currency and tokenized exchange that supports the Socios platform and is backed by several of the world’s largest blockchain companies. Dreyfus has been working for more than 10 years to bring together cryptocurrency and sports.
The AC Milan Fan Token (ACM) stands out by bridging the gap between professional footballers and everyday supporters. It elevates fan engagement, offering opportunities for closer interaction with preferred teams and athletes via perks like VIP access, personal meetings, and autographed merchandise.
By merging the distinct worlds of sports and cryptocurrency, ACM creates mutual benefits through its token-based application. This allows fans to participate more deeply in players' experiences while enabling sports organizations to engage with their audience in unprecedented ways. For instance, ACM holders have previously voted to determine the official motto displayed in the AC Milan dressing room.
The token serves three primary functions:
The AC Milan Fan Token (ACM) has a capped total supply of 20,000,000 tokens. At present, 3,141,172 ACM tokens are in circulation. From this circulating amount, 2,000,157 tokens were originally distributed to fans via a fan token offering.
Users can currently acquire ACM tokens by buying them or earning them through gameplay on the Socios app.
The release of ACM tokens is scheduled over a six-year period. The plan allocates 4 million tokens for the first year, followed by 3.2 million tokens per year for the subsequent five years.
The ACM network relies on blockchain technology for security, particularly because fan engagement primarily occurs through polls. The integrity of each vote is protected by several elements, such as verified payment providers, data privacy regulations, and collaborations with major brands.
As a utility token constructed on Ethereum, ACM utilizes smart contracts. These are programs executed on the Ethereum blockchain and backed by the platform, enabling anonymous parties to finalize agreements, transactions, and trust-based relationships.
In October 2021, ACM tokens were valued at approximately $10. Reaching a price of $100 would require a 10X rise from that point. Given the volatility of cryptocurrency markets and AC Milan’s worldwide fanbase, such a jump is not considered an insurmountable hurdle, particularly if the Socios team manages to surpass its stated goals.
You can acquire AC Milan Fan Token (ACM) on multiple cryptocurrency platforms. One method involves buying Chiliz (CHZ), the in-app currency, and swapping it for the fan tokens. Exchanges that list ACM include Binance, Paribu, Pionex, BKEX, Mandala Exchange, HitBTC, and Chiliz itself.