The FC Barcelona Fan Token (BAR) is a utility token that provides tokenized shares of influence for fans of FC Barcelona ("Barça") to participate in club decisions through the use of the Socios app and services.
Socios is a blockchain-based fan engagement and rewards platform for the sports and entertainment industry, powered by Chiliz.

BAR is a utility token built on the Chiliz Chain (a Proof-of-Authority sidechain based on Ethereum). The primary uses of BAR include:
Governance: BAR holders can vote on various binding "fan votes" issued by Barça via smart contracts.
Rewards: BAR holders can participate in activities on Socios to earn rewards.
Staking: In the future, BAR tokens can be staked to earn non-fungible token (NFT) rewards.

The total supply of BAR tokens is 40,000,000, with an initial 600,000 distributed to fans through a Fan Token Offering. The remaining tokens are held by Barça, which fans can obtain through community events or direct purchases on exchanges.

Project Introduction

BAR is a utility token built on the Chiliz Chain, a Proof-of-Authority sidechain based on Ethereum technology.
Holders of BAR tokens can vote on various "fan decisions" issued by FC Barcelona through smart contracts. The club is contractually obligated to act according to the voting results.
Token holders can interact with the Socios platform (voting, participating in contests and quizzes, connecting/chatting with like-minded users, etc.) and earn rewards such as matchday tickets, exclusive experiences, cashback from the official online store, in-app CHZ rewards, digital badges, and club-specific NFTs.
Future use cases for BAR tokens include spending them on VIP products and services, integrating BAR into partner apps/sites, and staking BAR for NFT rewards.

Project Highlights

Collect Fan Tokens: Socios.com has issued a limited-edition fan token for FC Barcelona, a digital asset using blockchain technology that grants fans the right to participate in club votes. Fans can acquire fan tokens through hunting, purchasing, or winning them, with more tokens equating to greater influence.
Influence Club Decisions: When you own a clubs fan token, you share collective decision-making power with other supporters. The club will conduct binding or non-binding polls to hear your voice (binding polls require the club to follow the voting outcome).
Engage in Fun Interactions and Win Rewards: Beyond voting rights, fan tokens act like a "membership card," giving you a chance to win prizes, merchandise, and exclusive experiences including leaderboards, games, and more.