FC Barcelona Fan Token (BAR) is a utility token that provides fans of FC Barcelona (“Barcelona”) with a tokenized share of the club’s decision-making through the use of Socios’ apps and services.
Socios is a blockchain-based fan engagement and rewards platform for the sports and entertainment industries backed by Chiliz.

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

BAR has a total token supply of 40,000,000, of which 600,000 will initially be distributed to fans through the Fan Token Offering. The remaining tokens are held by Barcelona, ​​and fans can get them by participating in community events and buying them directly on exchanges.

Project Introduction

BAR is a functional token based on the Chiliz chain, a PoA side chain based on Ethereum technology.
BAR token holders can vote on various "fan decisions" issued by FC Barcelona through smart contracts. Teams are contractually obliged to take action based on the vote.
BAR token holders can use their fan tokens to vote on various "fan decisions" issued by FC Barcelona through smart contracts. Clubs are obliged to act on the results of a binding vote.
Token holders can earn rewards by interacting with the Socios platform (voting, participating in contests and quizzes, connecting/chatting with like-minded users, etc.) Cashback, in-app CHZ rewards, digital badges and club-exclusive NFTs, and more.
Future BAR token application scenarios include spending BAR tokens to obtain VIP products and services, integrating BAR in cooperative applications/sites, and staking BAR for NFT rewards.

Project Highlights

Collection of fan tokens: Socios.com issued a limited number of fan tokens for FC Barcelona, ​​a digital asset using blockchain technology that gives fans the right to participate in club voting. Fans can obtain fan tokens by hunting, buying or bidding. The more tokens you hold, the greater the corresponding influence.
Influence club decision-making: When you own a club's fan tokens, you and other club supporters have absolute collective decision-making power, and the club will listen to it through compulsory or non-compulsory voting Your voice (mandatory voting requires clubs to absolutely follow the voting results).
Participate in fun interactions and win rewards: In addition to voting rights, fan tokens can act like a "membership card" that gives you the opportunity to get prizes, peripherals, and some exclusive experiences including participation in leaderboards, games, etc.