The proliferation of blockchain-based tokens for soccer fans in Europe progressed on Monday when Poland's most successful soccer club partnered with sports finance company Chiliz.
Legia Warsaw, which holds the record for the most wins in the Polish league, will launch the token on the Socios platform.
The Legia fan token is expected to be launched in the coming months and will give fans a say in various decisions regarding the club. Token holders will also be entitled to participate in exclusive matches, competitions and VIP experiences. The number of LEG Fan Tokens issued will be limited to 5 million.
Legia Warsaw joins 21 European soccer giants who have recently created fan tokens on the Socios platform. Major football institutions such as Lionel Messi's FC Barcelona, Cristiano Ronaldo's Juventus and A.C. Milan of Zlatan Ibrahimovic, have launched club fan tokens on the Chiliz blockchain.