Davis Cup Fan Tokens Announced By Tournament Organisers Kosmos Tennis

Crypto-Tennis: Davis Cup Organisers Team Up With Blockchain Provider Chiliz to Launch Fan Tokens

International Tennis Federation and Davis Cup organisers Kosmos Tennis have agreed to pen an settlement with blockchain supplier Chiliz to launch an official Davis Cup fan token on Socios.com — a platform recognized for launching fan tokens for soccer golf equipment. The fan token in query, named ‘$DAVIS Fan Token,’ will permit followers of the celebrated match a chance to achieve entry to an entire bunch of contests and interactive content material round a contest that’s broadly likened to a World Cup, however for tennis.

As per a report by Nairametrics, these fan-specific engagement alternatives for $DAVIS Fan Token holders will embrace the prospect to have a say and a vote on various initiatives by collaborating in interactive polls that may run on the Socios.com app. Socios.com as a platform boasts 1.2 million customers the world over and identifies itself as a direct-to-consumer platform that employs blockchain know-how to offer the world’s main sporting organisations with the instruments to have interaction with and monetise their international fanbases.

It is not clear but what number of tokens will likely be provided on the market and the way a lot every will likely be priced. What we do know although is that this yr’s version of the Davis Cup Finals will happen from November 25 to December 5 with venues in three totally different cities — Madrid, Innsbruck, and Turin. Participants will characteristic 18 nations divided into six teams of three.

Kosmos Tennis CEO Enric Rojas defined, “The agreement with Socios.com and the launch of the Davis Tokens will allow us to improve the experience of our fans so that they can really feel part of the event. Fans play a fundamental role in Davis and now that travelling the world due to COVID is still complicated, the Fan Token will allow fans to feel part of the event.”

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