Mixed martial arts league UFC is launching a fan token this June. A year after it first partnered with sports-focused blockchain platform Chiliz, the two will mint $UFC on the Chiliz blockchain.
Chiliz and its token platform Socios.com have primarily focused on European soccer teams, enabling them to mint their own fan tokens. Those tokens are used by supporters to cast votes on club decisions and act as an additional revenue stream for teams. Now, so will the UFC.
