Chiliz Launches Web3-Enabled Socios.com Wallet for 2.3M Users

Chiliz Group, known for pioneering Fan Tokens and the Chiliz Chain, is set to transform fan engagement with its latest innovation: a Web3-enabled Socios.com Wallet.

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Targeting the 2.3 million users of the Socios.com platform, this wallet delivers direct ownership and enhanced control of Fan Tokens, consolidating access to the Chiliz ecosystem in one streamlined app.

Key Benefits of the Socios.com Wallet

Self-Custody: Users gain full control over private keys and digital assets, ensuring enhanced ownership and security.
Seamless Integration: Effortlessly interact with Chiliz Chain dApps without transferring assets externally.
Enhanced Security: Incorporates robust protocols to safeguard user assets.
Streamlined Transactions: Simplifies buying, selling, and transferring Fan Tokens directly within the ecosystem.

The phased rollout introduces fundamental features first, with staking and expanded token support coming soon. A built-in browser (to be launched later) will unlock direct access to decentralized applications (dApps) within the Chiliz ecosystem, such as fantasy sports, sports prediction platforms, and DeFi staking tools.

Developers gain significant advantages, hosting their dApps within an ecosystem tailored for sports fans. Alexandre Dreyfus, CEO of Chiliz, described the wallet as a pivotal step:
“With this upgrade, we’re further unlocking the potential of Fan Tokens for both our users and developers. Users will have complete control over their assets and be able to natively interact with any application in the library. It’s the entire Chiliz ecosystem on their phone.”

Alexandre Dreyfus, CEO of Chiliz
Socios.com: A Fan Engagement Powerhouse

Since its launch in 2019, Socios.com has partnered with over 70 sports giants, including FC Barcelona, Paris Saint-Germain, and Manchester City. The platform enables fans to vote on team decisions, earn rewards, and access exclusive experiences. Now powered by the Chiliz Chain, socios.com continues to redefine fan interaction in sports.

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About Chiliz Group

Chiliz Group is the driving force behind the Chiliz Chain and Fan Tokens, specializing in blockchain solutions for the global sports and entertainment sectors. Serving over two million users, Chiliz supports some of the world's most iconic sports brands while fostering a vibrant ecosystem for developers and fans.

For further information on the Web3-enabled Socios.com Wallet, visit socios.com or chiliz.com.