Manchester City Launches Its Own Cryptocurrency With Huge Rewards

Amidst rising hopes and back-to-back record-breaking weekends for cryptocurrencies, English Premier League champions-elect, Manchester City, have officially joined the crypto bandwagon by launching their own “$CITY” crypto tokens into the market.

The English club has partnered with token company Socios.com to launch a primitive “$CITY” cryptocurrency that offers fans the option to claim huge rewards, club promotions, AR-enabled features and some other exciting stuff.

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And if the $CITY token wasn’t enough, the football club is also partnering with digital entertainment company ‘Animoca’ to develop and circulate blockchain games and collectibles. These will be the first-ever football-related digital assets created by Animoca, and to that effect, for Manchester City.

For what it’s worth, the $CITY token can be traded like any other cryptocurrency and redeemed for goods and services available across the global crypto market.

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Besides Manchester City, Socios has partnered with top-tier clubs before. Italy’s Juventus and AC Milan, Spain’s Barcelona and France’s Paris Saint-Germain have all put out tokens through the company before, which is run by a Maltese group called Chiliz.