Copa Libertadores winners Palmeiras are latest to champion Socios.com fan token

December 8 – Copa Libertadores champions Palmeiras have become the fifth Brazilian club to commit to launching an official Fan Token – $VERDAO – on the Socios.com app.

The São Paulo club has an estimated global fan base of more than 16 million supporters, and have won Serie A Brazilian Championship trophies and four National Cup titles.

The $VERDAO Fan Token will give Palmeiras fans the opportunity to vote on certain club decisions including kit designs, squad number for new signings, celebration songs, and inspirational messages.

$VERDAO holders can also earn club-related rewards, ranging from official merchandise and experiences to NFTs (Non-Fungible Tokens).

Palmeiras AVANTI members over 18 years old members will each be offered one non-transferable and non-tradable token. The launch date and price of the $VERDAO Fan Token will be released soon.

Maurício Galiotte, president of Palmeiras, said: “This is a potentially wide and powerful partnership, which is able to promote an active behaviour and help us to increase our fan engagement in Brazil and around the world. We truly believe that Fan Tokens will boost the digital connection with our fans.”

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