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Arsenal fan token revealed by Socios platform as NFT industry continues expansion

The Gunners are one of the major teams with digital offerings set to be released in the near future

Arsenal have reached an agreement to feature on the Socios.com platform through Non-Fungible Tokens (NFTs), the team and company revealed in join-announcement on Monday.

That means there will be a Gunner-specific digital collectible that can be bought and sold through the marketplace using cryptocurrency. There are real-life rewards divvied out through the platform for owning enough of the tokens (such as merchandise discounts), but many people use it as a stock market of sorts to try and make profits through rising item values.