As reported by medium.com, İstanbul Başakşehir, which is last season’s winner of the Turkish soccer league, has joined the Socios platform and will launch its fan token ($IBFK) on Socios.com before the end of this year.
$IBFK Fan Tokens will provide fans with numerous engagement opportunities,
including the chance to directly influence the club by voting in polls on Socios.com. Fan Token holders can also look forward to digital and real-life rewards, VIP game tickets and the opportunity to meet club players.
According to cointelegraph, $IBFK confers voting rights and rewards upon holders, and is designed to boost fan engagement and monetize different fan experiences, both online and offline.
Istanbul Başakşehir is the third Turkish club to sign on to the blockchain-based platform.
It seems that fan tokens have recently drawn considerable interest for the sports and crypto communities.
In June 2020, Chiliz and Socios sold $1.3 million worth of FC Barcelona-branded tokens in under two hours.
Socios has also launched a Visa debit card, (an evolution from its earlier version as a prepaid crypto-fiat card) that can be used to purchase goods and services across the European Economic Area.