What Socios does

Socios.com is a mobile-first fan engagement and rewards platform operated by Malta-based Mediarex Enterprises Limited, a subsidiary within the Chiliz Group Limited holding structure, and was established in 2018. The platform enables sports fans to purchase officially licensed Fan Tokens built on the proprietary Chiliz Chain — an EVM-compatible Layer 1 blockchain using the CAP-20 token standard — and to use those tokens to vote on non-managerial team decisions, participate in polls, and accumulate Reward Points redeemable for tickets, signed merchandise, VIP experiences, and digital collectibles. Socios.com's flagship product surface includes the non-custodial Socios.com Wallet, a WalletConnect-powered Web3 dApp browser, a Stake and Earn mechanism, and the Fan Token Offering (FTO) issuance process for initial token sales priced in CHZ cryptocurrency.

The platform serves two customer segments: (1) individual sports fans aged 18+ in the EEA and globally, with principal demand in Italy and Spain and a strategic expansion focus on Brazil; and (2) elite sports organizations seeking to monetize global fan engagement, currently spanning 70+ official partners including Juventus, Paris Saint-Germain, FC Barcelona, Manchester City, Arsenal, AC Milan, Inter Milan, AS Roma, Tottenham Hotspur, Trabzonspor, Galatasaray, and national teams such as Argentina, Portugal, Belgium, South Africa, and Scotland.

Socios.com operates a freemium, app-first go-to-market distributed through the Apple App Store, Google Play Store, and direct QR-code download, with localized web/app presence in English, Italian, Portuguese, and Spanish. Revenue is generated through two streams: Fan Token sales (transaction fees on CHZ-denominated token purchases) and partnership/licensing fees paid by sports organizations for token issuance and ongoing platform services. The operating group comprises multiple regulated entities — Socios Europe Services Limited (Malta, MiCA-authorized under Authorisation ID SESL2-25081), Socios Technologies AG and Fan Token Management AG (Switzerland, Fan Token issuer), and Fan Token Management, Inc. (Delaware, US platform access) — with offices in Malta, Zug, and Vilnius. Reported financial improvements include revenue growth of more than 70% from 2023 to 2024 and profitability improvement of more than 60%, with the group working toward break-even following a 2022 net loss; Socios Technologies AG held CHF 92.8M in current assets and CHF 15.6M in shareholders' equity at year-end 2024.

Name

Socios

Legal name

Mediarex Enterprises Limited

Website

https://socios.com

Company type

Private

Founded year

2018

Operating status

Operating

Short description

Socios.com is a blockchain-based fan engagement platform offering officially licensed Fan Tokens from 70+ elite sports teams, enabling fans to vote on club decisions, earn reward points, and redeem exclusive experiences through a non-custodial wallet built on the Chiliz Chain.

Ownership category

akta.pro rank

Product category

Sports Fan Engagement & Rewards

NAICS

Sports Teams and Clubs (711211), Spectator Sports (7112)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Sports NFTs & Collectibles Marketplaces (FSADANAH)

akta.pro secondary industries

Digital Sports Collectibles Retail (NFTs) (CRAMAOAK), Subscription Fan Membership Platforms (Paid Communities) (MPACAFAA), Licensing, Merchandising & Co-Branded Products (Sponsored Merchandise, Collabs) (MPAKALAE)

Keywords

• Fan engagement platform
• Blockchain fan tokens
• Sports cryptocurrency
• Fan rewards app
• Sports NFT platform

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Fan Token Sales: Revenue generated from the sale of Fan Tokens to retail investors during public offerings. Tokens are purchased using CHZ cryptocurrency at prices determined in collaboration with sports teams.
2. Platform Services and Partnerships: Partnership fees from sports teams and clubs for creating and managing their official Fan Tokens on the platform

Pricing tiers

Distribution channels4 records

Marketing channels4 records

Core offering

Socios.com operates a free-to-register mobile and web Fan Engagement and Rewards platform where individual sports fans can purchase officially licensed Fan Tokens (blockchain-based digital assets built on the Chiliz Chain) for 70+ elite sports clubs and national teams. Token holders vote on non-managerial team decisions, earn Reward Points through on-platform engagement, and redeem those points for VIP experiences, match tickets, signed merchandise, and digital collectibles. Revenue is generated primarily through retail Fan Token sales (priced in CHZ cryptocurrency) and through licensing/partnership fees paid by professional sports teams for the issuance and management of their official Fan Tokens on the platform.

Product overview

Socios.com operates as a unified fan engagement and rewards platform centered around Fan Tokens built on the Chiliz Chain (Sports Blockchain). The core product portfolio consists of official Fan Tokens for over 70 sports teams and national teams, paired with the Socios.com Wallet (a non-custodial digital wallet for holding and managing tokens). Key features include the Stake and Earn system for accumulating Reward Points, a WalletConnect-powered dApp Browser for Web3 interactions, and the Fan Token Offering (FTO) mechanism for initial token sales. Users engage through polls and voting, earn Reward Points redeemable for tickets, merchandise, and exclusive experiences, and can access decentralized applications. The platform is authorized under MiCA regulation by the Malta Financial Services Authority.

Differentiator

Problem solved

Functional benefit

Brands

• Fan Tokens: Official digital tokens for sports teams and national teams that provide fan engagement and rewards access
• Socios.com Wallet
• Stake and Earn
• Chiliz Chain

Products and services

• Fan Tokens Officially licensed blockchain-based Fan Tokens issued by Socios for elite sports clubs and national teams (Juventus, PSG, FC Barcelona, Manchester City, Arsenal, AC Milan, Inter Milan, Galatasaray, AS Roma, Tottenham Hotspur, Trabzonspor, Argentina, Portugal, Belgium, South Africa, Scotland, etc.) on the Chiliz Chain using the CAP-20 token standard; tokens grant fans voting rights on non-managerial team decisions, Reward Point earning, and access to exclusive rewards; tokens are purchased in CHZ cryptocurrency at per-offering prices set with each team.
• Socios.com Wallet Non-custodial wallet infrastructure integrated into the Socios.com mobile and web app, allowing individual sports fans to hold, stake, and trade Fan Tokens on Chiliz Chain with full control of their crypto-assets; transitioned from custodial to non-custodial architecture in Q4 2024.
• Fan Engagement and Rewards Platform Free-to-register mobile and web Fan Engagement and Rewards platform serving 70+ elite sports teams, offering team-specific polls, Token Hunts, Reward Point accumulation, and redemption of Reward Points for VIP experiences, match tickets, signed merchandise, and digital collectibles; accessible via iOS, Android, and web.

Quantifiable outcome

• 70+ elite sports teams partnered globally
• +1 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Chiliz ChaincoreTechnology or IntegrationChiliz Chain is the proprietary Sports Blockchain powering Socios.com and all Fan Tokens. It is an EVM-compatible Layer 1 blockchain specifically designed for sports and entertainment, using CAP-20 token standard and Proof of Staked Authority consensus.
• 70+ Sports TeamscoreStrategic or Co-development PartnerSocios.com partners with 70+ elite sports teams including Juventus, Paris Saint-Germain, FC Barcelona, Manchester City, Arsenal, AC Milan, Inter Milan, Galatasaray, AS Roma, and national teams (Argentina, Portugal, Belgium, South Africa, Scotland). Teams receive Fan Tokens for fan engagement and monetization.
• Crypto Risk MetricsminorStrategic or Co-development PartnerAssociation with Crypto Risk Metrics for sustainability dashboard methodology assurance in accordance with MiCA regulations and associated Regulatory Technical Standards.
• Tottenham HotspurcoreStrategic or Co-development PartnerOfficial Fan Token ($SPURS) issued October 2023 at USD 2 per token. Provides fans voting rights on non-managerial decisions, exclusive rewards, VIP experiences, and digital collectibles.
• TrabzonsporcoreStrategic or Co-development PartnerOfficial Fan Token ($TRA) issued September 2020 at 8 TRY worth of CHZ per token. One of Turkey's most prestigious football clubs with fans voting on club decisions.
• Mediarex Enterprises LimitedcoreOthersParent company of Socios.com, registered in Malta (C 73768), including subsidiaries such as HX Entertainment Limited and the broader Chiliz Group.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• OpenSea: Leading general-purpose NFT marketplace. Comparable as infrastructure for trading tokenized digital collectibles, though not focused on sports team licensing.
• Fanatics: Dominant licensed sports merchandise and collectibles retailer with digital collectibles verticals. Comparable in monetizing sports IP through fan engagement products, though operates primarily in physical merchandise.
• Coinbase: Large regulated U.S. crypto exchange and platform. Comparable as a regulated crypto-asset services provider serving retail users, though not sports-specific.
• Crypto.com: Major crypto exchange platform with extensive sports sponsorship deals (UFC, Formula 1, FIFA World Cup). Comparable in bridging crypto and sports fan engagement at scale, though broader in scope.

Direct peers

• Chiliz: The parent blockchain ecosystem (Chiliz Group) issuing CHZ and operating Chiliz Chain. Sister entity to Socios.com; both share infrastructure and team partnerships, making Chiliz the closest infrastructure and commercial peer.
• Sorare: French-based blockchain fantasy sports and NFT collectibles platform for football, operating on Ethereum. Directly comparable to Socios in targeting football fans with crypto-based digital assets and team-licensed collectibles.
• Dapper Labs (NBA Top Shot): Operator of NBA Top Shot and NFL All Day — licensed sports digital collectibles marketplaces with blockchain-based tokenized moments. Directly comparable business model of monetizing team IP through blockchain fan engagement.
• FanCraze: Cricket-focused Web3 fan engagement platform offering officially licensed digital collectibles and NFT moments. Comparable business model targeting sports fans with blockchain-based engagement and team partnerships (ICC, IPL).

Emerging players

• Rarible: NFT marketplace with multi-chain support (including sports-related collections). Comparable as a marketplace for blockchain-based digital collectibles, though without the team-partnership model that defines Socios.
• Stadium Live: Sports fan metaverse and digital collectibles platform with officially licensed NFTs from MLB, NBA, NFL players. Comparable in offering sports-themed digital collectibles with team/athlete IP licensing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/Socios
• Facebookfacebook.com/sociosdotcom
• LinkedInlinkedin.com/company/socios-com
• Instagraminstagram.com/sociosdotcom

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Socios