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Apollon Limassol FC, in association with Chiliz (Binance: $CHZ), is going to launch its $APL Fan Token on August 25. The token will be sold exclusively on fan voting & rewards app Socios.com and the Chiliz Exchange, the world’s first tokenised sports exchange.

A total of 100,000 $APL Fan Tokens at a fixed price of €1 will be available for sale from August 25 to August 27. A total of 75,000 $APL Fan Tokens will be available on Socios.com, with another 35,000 to be sold on Chiliz.net. Fans can purchase up to a maximum of 50 $APL Fan Tokens either on Socios.com or Chiliz.net.

From August 28, fans will be able to continue buying $APL, but from this point onwards price will be determined by supply and demand.

$APL Fan Token holders can vote in a series of launch polls, choosing players to go head to head in a skills challenge with selected voters to be invited to the training ground to award the winner.

$APL holders will be able to influence club decisions, voting in many polls each season on Socios.com and earning rewards linked to the club, including innovative digital experiences and real-life activations, such as meeting players and watching games as a VIP when fans return to the stadiums.

“We are excited to be the first Cypriot club to join Chiliz and Socios.com! Here at Apollon FC, we are constantly looking for ways to innovate and increase our brand exposure. Seeing our club logo next to some of the most prestigious clubs in the world and knowing that we are all together in such an amazing project, makes us extremely proud! We know that Socios.com can be a great communication stream between us and all the Apollon fans around the world and we are eager to receive their help in various club matters,” Nicos Kirzis, Club President of Apollon Limassol FC, said.

“Apollon FC are a forward-thinking club who are passionate about making sure their fans are able to have their say. We’re delighted they’ve chosen to embrace tokenisation to build an even closer connection with the fans and we’ve got some really exciting plans for the future,” Alexandre Dreyfus, CEO and Founder of Chiliz and Socios.com said.

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