Tottenham Hotspur Football Club Launches Fan Token on Chiliz
English Premier League club Tottenham Hotspur will be launching a fan token named SPURS through a partnership with Chiliz.
Tottenham Hotspur Football Club Launches Fan Token on Chiliz
According to the announcement, SPURS will be priced at $2 during the fan sale starting on October 4. Token holders will gain access to online voting, exclusive offers, and unique experiences.
Tottenham Hotspur is coming to Chiliz Chain! 🌶️🤍
— Chiliz - The Sports Blockchain ⚽🏆 (@Chiliz) September 28, 2023
The Spurs Fan Token will launch on Chiliz Chain, the Layer 1 SportFi network. ⚽🏆
Tottenham joins 80+ major sporting teams that already use Chiliz Chain to host their own Fan Tokens. 🤝https://t.co/YntrbM68Yd$SPURS ⚡ $CHZ
Ryan Norys, Business Director of Tottenham Hotspur, commented:
“We are excited to offer fans around the world new rewards and experiences related to the Club. Our fan token is built on many benefits of our existing membership program.”
Additionally, the release of the fan token is part of an effort to create a new revenue stream for reinvestment into the club's football activities, the Director candidly shared.
The SPURS token will be launched on Chiliz—a platform known for its fan tokens. Chiliz has supported over 80 sports teams in issuing fan tokens/NFTs, including notable names like Manchester City, AC Milan, and Santos. The platform claims to have generated over $400 million in revenue for teams and leagues.
