Just as a new wave of technology is revolutionizing industries worldwide, blockchain is reshaping the sports arena and deepening fan engagement like never before. Enter the Manchester City Fan Token (CITY) — a digital asset designed to give passionate supporters of Manchester City Football Club a voice and exclusive privileges in their favorite team’s operations. Launched in March 2021 on the Chiliz blockchain via the Socios.com platform, CITY tokens give fans unprecedented influence over club decisions, access to unique rewards, and VIP experiences. Whether determining the design of a new kit or voting on club initiatives, CITY token holders are at the forefront of an interactive and engaging fan experience. Dive in to learn how this innovative token works and what it means for the future of fan participation.

What Is Manchester City Fan Token (CITY)?

The Manchester City Fan Token is a fan token created by Socios.com, an app built on the Chiliz (CHZ) blockchain. Socios.com has developed fan tokens for several other football clubs, including the popular Paris Saint-Germain Fan Token (PSG), as well as tokens for UFC and car racing. Fan tokens provide holders with a stake in the club’s governance, allowing them to influence decisions, unlock VIP rewards, and access exclusive promotions, games, and special recognition.

Following the massive success of PSG’s launch in January 2020, Manchester City Football Club decided to launch CITY in March 2021. The token's success will largely depend on the club’s performance on the pitch and the ongoing development of blockchain technology. The token price spiked when Cristiano Ronaldo was rumored to join the club but decreased after the transfer failed to materialize.

Who Are the Founders of Manchester City Fan Token?

The Manchester City Fan Token was founded by Socios.com, an app powered by Chiliz that allows sports fans to engage with their favorite clubs and associations. The platform was founded by Alexandre Dreyfus, who also serves as the CEO of Chiliz. Dreyfus has over 20 years of experience in founding and growing web-based companies. His previous ventures include Webcity, an interactive travel guide, and Winamax and Chilipoker, both online poker projects, before founding Chiliz in 2017.

Manchester City is one of England’s most famous football clubs, boasting four Premier League titles and ten top 10 finishes in the last decade. The club is managed by Pep Guardiola, one of the most illustrious football managers in the world.

What Makes Manchester City Fan Token Unique?

The Manchester City Fan Token represents ownership of a voting right and gives fans access to earn unique club-specific rewards and experiences. For instance, fans can influence what message the captain should wear on his armband, visit the player area in the stadium, or receive rights to watch a match in the VIP zone and get discounts on club merchandise.

As long as CITY is listed on Socios.com for trading, fans can acquire the token and with it a stake in the club’s governance. Moreover, according to Stephan Cieplik, senior vice president of global partnerships sales at City Football Group, every club fan is eligible to receive a free Manchester City token.

CITY can be acquired with fiat or by swapping CHZ for it, so naturally, the price and growth of CHZ influence the price and growth of CITY. Besides participation in the decision-making process through voting in polls by holding CITY, fans can win prizes in contests and quizzes on Socios.com, and receive cashback rewards from the club. The platform plans to introduce more features to fans in the future, such as purchasing VIP goods and services with the club’s branding, earning bonus rewards for participation in the club’s governance, staking the fan tokens for NFT rewards, and benefiting from the integration of CITY in partner applications.

How Many Manchester City Fan Token (CITY) Coins Are There in Circulation?

The total supply of CITY is 20 million, with 3.5 million currently in circulation. The tokens were launched at the initial Fan Token Offering and can currently only be bought on exchanges.

How Is the Manchester City Fan Token Network Secured?

Socios.com connects football clubs and their fans, providing clubs with transparent and secure digital revenue streams while offering fans a stake in their club’s governance.

Chiliz is an Ethereum sidechain with a proprietary crowd control mechanism, ensuring fans are in a protected environment and vote only in publicly audited polls. CHZ is an ERC-20 and BEP2 token that has been audited by Certik.

When Did Manchester City Fan Token Trading Begin?

CITY launched on March 19, 2021, on Chiliz.

Where Can You Buy Manchester City Fan Token (CITY)?

CITY is available on Paribu and Chiliz.

CITY and many other fan tokens on Socios.com can also be obtained by participating in games and using platform applications to hunt for tokens and earn them as a reward for interacting with the team.

Cryptocurrency newbie? You can read more about how to enter the market and how to buy CITY or any other token in the CoinMarketCap education portal — Alexandria.

Related Pages

• Check out Paris Saint-Germain Fan Token (PSG).
• Check out Chiliz (CHZ) — the Ethereum sidechain CITY runs on.
• Learn more about CITY in our deep dive and price prediction about CITY.
• What are fan tokens? Learn more with CMC Alexandria.
• Get the latest crypto news and latest trading insights with CoinMarketCap Alexandria.

Tokenomics and Distribution Model

The Manchester City Fan Token (CITY) has a total token supply of 20,000,000, with 3,708,172 tokens in circulation as of November 10th, 2021. The token distribution model includes 2,000,000 tokens distributed to club fans via a Fan Token Offering, while the remaining 18,000,000 tokens are held by Manchester City. These tokens can be