The Atlético Madrid Token (ATM) is the official fan token that gives holders influence over decisions in the Atletic Madrid HQ that is contained in the Socios App. After an iconic rebrand after being founded in 1903 Atlético Madrid is a 3 time UEFA Europa League champion with 3 EUFA Super Cup rings as well. The ATM token was built using the Chilliz Chain, which is an Ethereum sider chain that implements the Proof of Authority consensus mechanism. Additionally, the token is compatible with BEP-20 tokens.
ATM token holders have governance, earn rewards and can participate in staking. The governance is derived from the token holder’s ability to vote through the use of smart contracts, which are enforced by computer code. Rewards are distributed to token holders that participate in Socios, which is a sports-centred fan engagement and reward ecosystem. All tokens that were not distributed to club fans through the Fan Token Offering are held by Atlético de Madrid.
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