Ligue 1 leviathans Monaco fan token launch

Article posted by Coliseum, January 25^th, 2022

Image: AS Monaco

Launching on the Socios platform (read the launch took place on January 19^th), Ligue 1 legends AS Monaco (France) are offering fans the chance to back the team and participate in club governance through the $ASM Fan Token™.

The ‘coin rivet’ stated that season ticket holders at the iconic Stade Louis II Stadium will benefit from the opportunity to claim a free fan token to ensure digital participation in club governance decisions.

Socios.com is the official app of Fan Token™. It gives AS Monaco fans worldwide access to a platform to influence and engage with the club like never before. The Fan Token™ $ASM will be accessible to everyone so that every Monegasque supporter can make their voice heard and show their passion.

Association Sportive de Monaco Football Club SA, commonly referred to as AS Monaco or Monaco, is a professional football club based in Monaco that competes in Ligue 1, the top tier of French football. Founded in 1918, the team plays its home matches at the Stade Louis II Stadium in Fontvieille, France.

The 18,523-capacity Stade Louis II is a stadium located in the Fontvieille district of Monaco, France. It serves primarily as a venue for football, being the home of AS Monaco and the Monaco national football team. The stadium is most notable for its distinctive nine arches at the away end of the ground.

The ‘coin rivet’ further stated that with $ASM tokens granting holders privileged voting rights on exciting club decisions, governance is set to play a big role in the token’s future.

Things kicked off with a governance vote which started on the night of January 19^th on the special patch to be worn on Monaco shorts in the March 20th match against Ligue 1 leviathans Paris Saint-Germain – the vote will end on February 1^st with token holders finalizing a decision between three proposed designs by artist Nairone Defives.

Paris Saint-Germain pioneered fan tokens on the Socios platform in 2018.

The fan token went live on the Socios exchange on January 19^th at a listed price of €2 per token bought using network native Chiliz (CHZ).

The token will be fully live for public trading on January 28^th, with more governance votes planned soon.

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