Inter Milan (INTER) Fan Tokens Launched At €2, What Is It?

Inter Milan (INTER) Fan Tokens Launched At €2, What Is It?

INTER is the name of the only official Inter Milan Fan Token. Fan Tokens are digital assets that will remain active always. Analysts say that they resemble the traditional membership but come with voting rights on official club decisions. Furthermore, these tokens give the holders unlimited access to their team and exclusive experiences.

Traded as $INTER, the fan token was launched on Socios.com on September 10, 2021. Up to 1 million INTER Fan Tokens are available and they started trading a fixed price of €2 in the Fan Token Offering. Notably, these tokens are developed by blockchain provider Chiliz $CHZ and are currently tradeable.

Inter Milan confirmed that the fan token holders will have the chance to participate in the voting process in club polls. The users will also have access to exclusive content, enter quizzes and competitions. They can also earn real-life and digital VIP rewards and experiences.

The Serie A team promoted its fan tokens using a short front sponsorship for the season. Interestingly, the first engagement opportunity for holders was to vote on an inspirational message that now appears in the San Siro tunnel area.

INTER Fan Token Holders Participate In Club Decisions

The Inter Fan Token holders are allowed to vote in various club decisions. They voted in the poll to choose an inspirational message that now appears in the tunnel area. The chosen tunnel message was unleashed on what the club promoted as an ‘$INTER San Siro Take Over’ on September 18

The CEO Corporate of FC Internazionale Milano, Alessandro Antonello, said at the time:

“The launch of the $INTER Fan Token is the first important activation with Socios.com, an agreement that focuses on the development of fan engagement. For the club, fans have always played a fundamental role and it is essential for us that the path of development and innovation that characterizes the new era of Inter allows all Nerazzurri to be more and more part of our world.”

Manpowergroup Renew

Inter Milan extended their partnership with Manpowergroup in a multi-season deal. Manpowergroup is designated as the club’s Regional Partner and Official HR Partner. Notably, it has been a club sponsor for the last four seasons. The ManpowerGroup Italia CEO Stefano Scabbio stated:

“We’re pleased to have renewed our partnership with Inter, the reigning champions of Italy and one of the most important and historic clubs in the world. Together with Inter, we want to continue to invest in young people and in talent development. By supporting this, talent can be one of the main drivers behind our country’s push to get back on its feet.”

$INTER Price Live Data

On October 25, the live Inter Milan Fan Token price was $9.65 with a 24-hour trading volume of USD17,290,936. INTER token is down by 3.85% in the last 24 hours. Currently, it is ranked at #2737, but its live market cap data is not available.

Inter Milan - Wikipedia

The $INTER token is available on many of the major crypto exchanges for trading. These exchanges include Paribu, FTX, and Chiliz. Others are listed here. Furthermore, the token enables fans to have some tokenized share of influence on club decisions. Fans can choose a goal celebration song or decide which MMA fighters can face off. Through participation in these processes, they earn rewards and exclusive experiences.

Experiences like meeting and greeting the Inter Milan players and enjoying VIP treatments at the stadium are some of the experiences that the holders get.

To acquire these fan tokens, fans need to buy Chiliz (CHZ) Tokens via Socios.com and then use CHZ to acquire INTER Fan Tokens. These tokens were first sold in a Fan Token Offering or FTO. Through FTOs, fans buy their desired tokens at a fixed price. They function like flash sales.

FTOs are designed to be quite fair for all new partnerships to launch fan tokens on Socios.com at a discount. During pre-launch, some of the token’s supply is availed to users before being listed on Chiliz.net. Through the pre-launch, the dedicated fans can enjoy early access before the token launches to become available in the market for everyone.

The INTER fan token is growing in popularity and value, especially after Inter Milan was crowned champions in the 2020/21 season.

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