Flamengo becomes latest Brazilian club to launch Socios fan token

Pedro of Flamengo celebrates with teammates (Photo by Wagner Meier/Getty Images)

Blockchain provider Socios.com has continued its football drive through a new deal with Campeonato Brasileiro Série A club Flamengo.

Chiliz, which owns Socios.com, will launch a $MENGO fan token on the platform as part of the deal. Flamengo becomes the third Brazilian club to launch a fan token on Socios.com after Atlético Mineiro and Corinthians.

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