Manchester City Fan Token (CITY) is a utility token that provides fans of Manchester City Football Club (“Manchester City”) with a tokenized share of decision-making at the club through the use of Socios’ apps and services.
Socios is a blockchain-based fan engagement and rewards platform for the sports and entertainment industry backed by Chiliz.

CITY is a functional token built on Chiliz Chain (Chiliz Chain is a Proof-of-Authority sidechain based on Ethereum). CITY is mainly used for the following:
Governance: CITY holders can vote on various binding "fan decisions" issued by Manchester City through smart contracts.
Rewards: CITY holders can participate in activities on Socios to get rewards.
Token Staking: In the future, CITY can be staked to earn non-fungible token (NFT) rewards.