Categories: Cryptocurrency

What is AS Roma Fan Token (ASR)? Here is the Crypto Currency ASR Coin in All Details

. What is AS Roma Fan Token (ASR)? Here is the Crypto Currency ASR Coin in All Details – In this article, what is AS Roma Fan Token (ASR)? We will answer the question and try to present details about the project.

What is AS Roma Fan Token (ASR)?

AS Roma Fan Token (ASR) is a utility that gives fans of the AS Roma Football Club (“AS Roma”) a tokenized share of influence over club decisions using the Socios app and services.

Socios is a blockchain-based fan engagement and rewards platform for sports and entertainment organizations powered by Chiliz.

ASR is a utility token in Chiliz Chain, a Proof-of-Entitlement sidechain built on Ethereum and is mainly used for:

Management: ASR owners can vote via smart contract in various contract-binding “fan decision” polls published by AS Roma.

Rewards: ASR holders can earn rewards from deals in Socios.

Staking: In the future, ASR can be staked to earn Non-Fungible Token (NFT) rewards.

ASR has a total supply of 10,000,000 tokens, 1,220,010 of which were initially distributed to club fans through a Fan Token Offer. The remaining tokens are held by AS Roma and can be obtained by participating in community events and Binance Launchpool, as well as purchasing directly from exchanges.

What is ASR Coin?

AS Roma Fan Token (ASR) is a utility that gives AS Roma fans a tokenized share of influence over club decisions using the Socios app and services. The token acts as a membership key allowing users to compete for exclusive rewards, club recognition, and more.

ASR token holders can vote via smart contract in various “fan decision” polls published by AS Roma. AS Roma is obliged to act according to the results of the contract. Participant owners can interact with the Socios platform and win prizes including:

Matchday tickets.

Special experiences.

Refund offers from official online stores.

In-app CHZ bonuses.

Digital badges.

Club specific NFTs.

The future ASR token utility includes:

Spending ASR tokens to use VIP products and services.

Integrating ASR access into common applications / sites.

Staking ASR for NFT rewards.

Gamified Utility (NFTs for blockchain-based games).

Real World Service Program (ownership, NFTs meaning real world ownership, VIP access to stadiums, match day tickets, etc.).

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