$EFC Fan Token
Working with Socios.com, Everton have created the $EFC Fan Token.
Fan Tokens are a new way for supporters to connect with their Club by taking part in polls together with winning prizes and rewards such as official products, match tickets and VIP experiences.
Please note: $EFC Fan Tokens are a form of cryptoasset that can be purchased on the Socios.com app using the digital currency, Chiliz ($CHZ).
Although we only promote $EFC Fan Tokens as a tool to engage with the Club, we recognise that a secondary market for trading does exist. As such, please be aware that: (a) cryptoassets can fluctuate in value and could potentially lead to large losses; (b) cryptoassets are unregulated in the UK; and (c) capital gains tax may be payable on any profits made on the sale of cryptoassets.
The decision to open a cryptoasset exchange account on the Socios.com App and purchase $CHZ and/or $EFC Fan Tokens requires careful thought and consideration. We advise you to spend only what you can afford and always seek independent financial advice if required. You should not purchase any cryptoassets if you do not fully understand the nature of your purchase and the risks involved.
The $EFC Fan Token is now available on the Socios.com App, meaning those fans that were unable to purchase Fan Tokens during the initial Fan Token Offering (FTO) have another opportunity to purchase.
As Fan Tokens are finite in number, it means the price of the Fan Token can fluctuate in accordance with the demand in the marketplace at the time of purchase. $EFC Fan Tokens do not expire and more features will be added to the Socios.com app, increasing the benefits for Fan Token holders.
$EFC Fan Tokens provides Evertonians with a new international digital service that complements the Club’s existing membership options.