Fans' tokens created by Chiliz, the leading blockchain platform in sports and entertainment, were added to Galatasaray. Chiliz, which was brought to the agenda with Juventus fan tokens before, offered to sell and sell GAL tokens in February on its stock exchange. The token, traded as a GAL / CHZ pair, performed about 400% on its first day. The GAL token, which was offered for 10 TL in February, saw the level of $ 4.37. There are also fan tokens of clubs such as Barcelona, Juventus and Atletico Madrid on the Chiliz platform, which many world-famous sports clubs have signed agreements with.
Galatasaray Fan Token (GAL), established with the cooperation of Galatasaray and Blockchain company Chiliz, started trading on Chiliz.net.
The token supply for GAL was made last February, each GAL was offered for sale for 10 TL. After this transaction, the coin was traded on the stock exchange with the GAL / CHZ trading pair.
GAL passed $ 7 (587 CHZ) on the first trading day at Chiliz.net. As of the minute the news went live, $ 91,000 was traded, while the price was at $ 4.37 or 325 CHZ. Considering the highest point seen, GAL is said to be on the stock exchange, which is close to 400 percent premiums before 10 TL.
With the application of Socios.com, GAL token owners have the chance to vote in some of the decisions of Galatasaray club and get a discount in Galatasaray products. The more coins a fan has, the greater the club's influence on voting. According to the company, all votes take place in a secure environment and all attendance is recorded on the blockchain. Thus, the results cannot be changed and can be transparent.
In addition to Galatasaray, Chiliz collaborates with many world giants. These include Juventus, Barcelona, Atletico Madrid, Paris Saint-Germain, Rome and many other clubs.
Our fans will choose one of the 5 options below using the $ GAL Fan Tokens in the first vote on Socios.com.
Re Re Re Ra Ra Ra
You are my childhood love
You are worthy of trophies
Honor is to Love You
You are the champion Galatasaray
Only $ GAL Fan Token holders will be able to vote in the vote, and the $ GAL Fan Tokens can only be purchased with the Fan Token Supply that started on the Socios.com app. Due to the change in the price of Chiliz ($ CHZ), the official cryptocurrency of Socios.com, $ GAL Fan Tokens will have a price of about 10 TL. $ GAL Fan Tokens can be used in all voting without spending once purchased.
Our voters who will vote in the voting will earn reward points on the platform and will have the opportunity to win various awards, especially our licensed products, along with unique experiences such as VIP match ticket, stadium tour, training visit. As fans collect Token and interact within the app, our fans will earn more reward points and increase their chances of winning prizes.
Thanks to the fact that every game used will be recorded with blockchain technology, voting results will be accessible in a completely transparent and secure way.
Throughout January, the augmented reality mode in Socios.com application made hundreds of thousands of Chiliz ($ CHZ) and a limited number of $ GAL Fan Tokens available for free hunting. During this time, the fans who hunt Token Hunt, Chiliz and Galatasaray Fan Token will be able to use the Chiliz and tokens they have collected for voting.
Dorukhan Acar, Accountant Member of our Board of Directors made the following statements about the Supply of $ GAL Fan Token:
“We are very happy to launch a system where millions of Galatasaray fans can make their voices heard and support their clubs. As Galatasaray, the club of firsts that does not ignore the developing technologies, we are excited to launch the Fan Token system together with our global competitors from France, Spain, Italy and England. It will be an important step for us to be one of the leading clubs in the world that uses blockchain technology effectively as part of our digital transformation vision. ”
Alexandre Dreyfus, founder and CEO of Socios.com, said:
“The interest and excitement of Galatasaray fans for Socios.com was unique. I am very happy to start the first fan voting and to realize the first of the dozens of opportunities that we will provide passionate Galatasaray fans to get closer with their clubs. Socios.com will create a bridge that has never been seen between clubs and fans, as well as allowing fans to interact with their clubs and win prizes. ”
