The AS Roma Fan Token (ASR) is a utility token that gives AS Roma Football Club ("AS Roma") fans a tokenized share of influence on club decisions using the Socios application and services.
Socios is a blockchain-based fan engagement and rewards platform for sports and entertainment organizations powered by Chiliz.
ASR is a utility token on the Chiliz Chain, a Proof-of-Authority sidechain built on Ethereum, and is mainly used for the following:
- Governance: ASR holders can vote via smart-contract on various contract-binding "fan decision" polls published by AS Roma.
- Rewards: ASR holders can earn rewards from engagements on Socios.
- Staking: in the future, ASR can be staked to earn Non-Fungible Token (NFT) rewards.
ASR has a total token supply of 10,000,000, of which 1,220,010 were initially distributed to club fans via a Fan Token Offering. The remaining tokens are held by AS Roma and can be acquired by participating in community activities and Binance Launchpool, as well as by purchasing directly on exchanges.