Valencia CF has entered a new era of fan engagement by becoming the first team to display its own Fan Token on the front of its jersey from the start of the 21/22 season.
The move comes after the LaLiga Santander club reached a new partnership agreement with Chiliz, the creators of Fan Tokens and the Socios.com fan engagement platform, to become the club’s Official Fan Token partner. This latest move continues the club’s overall strategy of incorporating innovation and technology, exploring new trends and formats to find new ways of engaging with its local, national and international fan base.
By adding the new token to the front of the club’s shirt, Valencia CF and Chiliz aim to add a new dimension of entertainment, helping to keep football exciting and attractive to all generations and building stronger fan engagement.
Through acquiring tokens, Valencia CF fans from across the world will be able to stay closely connected and interact with the club in new and powerful ways. Socios.com will become a new meeting space for fans from all over the world, who will be able to participate in some day-to-day issues in a more direct way, acquiring first-hand real decision-making power through surveys, as well as winning prizes and being able to enjoy exclusive experiences.
“I believe that fans will always be at the heart of football and the use of innovation and technology is necessary to keep this tradition alive,” said Anil Murthy, President of Valencia CF. We are delighted to have Chiliz as Official Fan Token Partner for season 21/22. With them, VCF will enter the next generation of fan engagement through their Socios.com platform, which will revolutionise fan engagement through technology and innovation. The club’s priority is to keep innovating and exploring new trends so that we can continue to engage our fans in an ever-changing world. It is with this in mind that we are very happy to embark on a new way forward with Chiliz. This is only the beginning of a great relationship for our fans and for both entities."
In similar agreements, LaLiga clubs such as FC Barcelona, Atlético Madrid and Levante UD are enabling token holders to participate in key club processes, voting on new messages or designs and gaining exclusive behind-the-scenes contact with staff and players.
Alexandre Dreyfus, CEO of Chiliz and Socios.com added: “When Valencia take to the pitch with their $VCF Fan Token proudly on display from the front of their shirt for the first time, it will be the most visible milestone yet in our rapid evolution, and further confirmation of the increasing influence Fan Tokens and the Socios.com platform are having across the global sports industry. This world-first partnership, our third with a major Spanish club and 38th overall, will bring incredible visibility to Fan Tokens and the Socios.com platform, accelerating our mission to shift passive fans into active contributors and create a brighter future for sport - where clubs and fans alike are able to enjoy the rewards created by unlocking the potential of global fan engagement.”
VCF and Chiliz will launch the $VCF Fan Token on Socios.com in the coming weeks.