Looking for Chelsea Crypto Coin?

Looking for Chelsea Crypto Coin?
Photo by Simon Reza / Unsplash - Chelsea FC

The Blues Crypto Token

Currently, there is NO official fan token for Chelsea FC, but their are possible partnerships in the future that would allow fans to buy or sell these tokens.

If you've seen $PSG token, then you know that the top football clubs around the world created they're own native token.

$PSG token description from Socios.com

Benefits of owning a fan token:

  • Make decisions that are chosen by token holders.
  • Access to VIP experiences to all games!
  • Earn official products for being a token holder.
  • Possible NFT releases with the club.
  • Getting to meet your favorite players of the club!
Signed merch received by token holders!

These are just some examples, however; as crypto develops it will provide new options never before seen in the past for fans.

Meet Socios!

The GOAT promoting Socios!

Socios is the company behind all the blockchain developments and creator of fan tokens.  

Some of the football clubs they are currently partnered with are:

  • Paris St. Germain
  • Barcelona
  • Manchester City
  • AC Milan

They plan on partnering with more clubs, you can check all of their current partnerships here!

The best place to be prepared for a token launch is on FTX.

They're an active exchange which has all these features of tokens:

  • Total Supply
  • 24-hour trading volume
  • Circulating supply
  • Price Today

Another possible exchange that may add these fan tokens are eTORO.

It's always good to have multiple accounts open with all exchanges, because you never know what they will offer!

Watch out for scams.

Currently, there's an unofficial Chelsea FC token on the Binance Smart Chain.

The token is $CHELSEA, but like I said before they are NOT the official token for the football club and most likely a scam.

You need to be very careful before you buy anything similar to these tokens. In some cases their may be malicious smart contracts that can steal all your crypto.

I personally recommend Ledger hardware wallet's, they protect my crypto from being from being accessed without physical input.

You can check to see if Chelsea FC offers a crypto token on the Socios website, if it's not listed, then wait until they offer one.

Why are these tokens on Binance Smart Chain?

Only because it's has cheap fees...

People who create these contracts are purposely choosing to use a blockchain that is centralized and full of all kinds of random tokens.

The real fan tokens will be on used Chiliz blockchain, which is used by Socios.

This blockchain is also open 24 hours!

Future of being a fan?

As clubs become more receptive to crypto and adding new products like tokens, fans will be able to build a larger voice in decision making.

I cannot wait for the day where the fans of the club would be able to approve or deny the transfer of a future players. It's like playing Fifa ultimate teams on steroids!

We'll also continue to see fans use crypto to purchase stakes in football clubs and allowing it to become a DAO(Decentralized, Autonomous, Organization) basically a collective of fans controlling all decisions.

Just like how a group of crypto investors called WAGMI United LLC, which stands for (We Are Gonna Make It), purchased a controlling stake in the Crawley Town Football Club! Hopefully this will become a common trend!

Crawley Town FC partnership with football fans from WAGMI United!

My hopes for fan tokens

As we've seen with the Crawley Town, I hope more smaller clubs are able to attain decentralized ownership through DAO's.

Giving the opportunities for fans to choose who comes to the club or what sponsor they approve is a real monumental shift in being a fan.

Sure, maybe most clubs don't want a crypto token, yet.

But, they will eventually have to accept that crypto is creating unexplored developments that will allow fans to truly own a piece of their favorite club!

Anyways, I hope to go Stamford Bridge one day and see the beneficial outcomes when crypto meets football!


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