Atletico de Madrid Fan Token (ATM) is based on Chiliz Chain's Atlético de Madrid fan token.
Atlético de Madrid Fan Token (ATM) is a utility token that provides fans of Atlético de Madrid Football Club ("Atlético de Madrid") with a tokenized share of the club's decision-making through the use of Socios' applications and services.
Socios is a blockchain-based fan engagement and rewards platform for the sports and entertainment industry backed by Chiliz.

ATM is a functional token built on Chiliz Chain (Chiliz Chain is a Proof-of-Authority side chain based on Ethereum). ATM is mainly used for the following:
Governance: ATM holders can vote on various binding "fan decisions" issued by Atletico Madrid through smart contracts.
Rewards: ATM holders can participate in activities on Socios to earn rewards.
Token Staking: In the future, ATMs can be staked to earn non-fungible token (NFT) rewards.