Leeds United go crypto with plan for $LUFC Fan Token

August 6 – Leeds United have become the fourth Premier League club to join the Socios.com blockchain-based Fan Token platform.

The $LUFC Fan Token will owners access to exclusive discounts and promotions and the opportunity to earn unique prizes and rewards, but also to take part in some of the club’s decisions by taking part in a number of polls.

Leeds join Everton and Arsenal who both announced Fan Token launches in recent weeks. Manchester City were already planning a Fan Token launch.

Socios.com says it has a community of nearly 1.3 million sport fans worldwide who are engaged via Fan Token ownership on the Socios.com app, and that Fan Tokens have now generated nearly $200 million in revenue in the first quarter of 2021 alone.

“This partnership with Socios.com is another step forward for Leeds United as we look to provide more opportunities for our fans around the globe to get even closer to the club” said Paul Bell, Executive Director at Leeds United. “We are committed to innovation on and off the field and this represents our first step into blockchain technology, we are delighted to take this step with Socios.com.”

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