LaLiga’s Real Sociedad Launches Soccer Fan Token on Socios

Real Sociedad joins the club of century-old teams kicking off their own crypto tokens.

Real Sociedad Of LaLiga Launches Football Fan Token On Socios

Real Sociedad, one of the oldest soccer clubs in Europe, has announced the launch of its own soccer fan token, $RSO. The news comes just days after Dapper Labs teamed up with LaLiga to build the LaLiga Golazos NFT project on the Flow (FLOW) blockchain. According to Real Sociedad’s official Twitter account, the Real Sociedad Fan Token (RSO) is set for release on October 17th, 2022.

Being a Part of the Squad Has Never Been Easier

Soccer fan token platform Socios.com has become home to the cryptos of established soccer teams from around the world. The sports crypto platform gained popularity because of its user friendly interface, as well as its consistency. Socios already hosts several LaLiga soccer fan tokens, such as the Valencia C.F. Fan Token (VCF), Sevilla F.C. Fan Token (Sevilla), Atletico De Madrid (ATM), Levante U.D. (LEV) and, of course, the F.C. Barcelona Fan Token (BAR).

The holders of these niche cryptocurrencies gain access to perks such as:

  • Participation in decision making for the team;
  • Participation in surveys with exclusive rewards;
  • Special promotions, like discounts on tickets;
  • Eligibility for NFT drops, physical prizes, and other rewards.

30,000 Real Sociedad Tokens at Launch

According to the announcement, 30,000 RSO tokens are ready to be dished out on October 17th, 2022, with the initial price of the Real Sociedad Fan Token (RSO) set at $2. Additionally, the initial sale will be divided into three phases. At release on October 17th, fans will be capped at acquiring a maximum of 5 tokens to ensure that the entire community will have the chance to dive in.

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The second phase will be held on October 18th, and will see the limit increased to 25 tokens per fan. Finally, following the final day of the sale on October 19th, the limit will be lifted entirely, allowing fans to acquire as many tokens as they desire.

On the Flipside

  • Soccer fan tokens have been going through a substantial slump of late, recording double-digit losses even despite the approach of the 2022 World Cup.

Why You Should Care

Blockchain and sports collaborations have generated approximately $2.6 billion so far in 2022, twice as much as in 2021. The data suggests that the niche is in high demand.

Read more about the latest partnerships between soccer and crypto:

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.