The Atletico de Madrid Fan Token (ATM) is the fan token for Club Atlético de Madrid, based on Chiliz Chain.
The Atletico de Madrid Fan Token (ATM) is a utility token that provides tokenized shares of influence in club decisions for fans of Club Atlético de Madrid (“Atletico de Madrid”) through the use of Socios apps and services.
Socios is a blockchain-based fan engagement and rewards platform for the sports and entertainment industry, powered by Chiliz.
ATM is a utility token built on Chiliz Chain (a Proof-of-Authority sidechain built on Ethereum). ATM is primarily used for:
Governance: ATM holders can vote on various binding “fan decisions” issued by Atletico de Madrid via smart contracts.
Rewards: ATM holders can participate in activities on Socios to earn rewards.
Token staking: In the future, ATM tokens can be staked to earn non-fungible token (NFT) rewards.