[Beginner Course] Steemit Crypto Academy Season 4 Week 1 | Socios.com - Blockchain Based Platform For Sports Industry by @ozenozge

1). Explain in detail what is the Socios.com Platform?

I learned Socios.com with this assignment, but I found the idea of ​​this application that brings together the world of sports and crypto very successful. Cryptocurrencies have made a very rapid entry into our lives in recent years. But many cryptos only function virtually. Socios.com is a platform that combines crypto with the real world. The point where Socios.com combined real life and the blockchain world was sports. Socios.com is a platform produced by Chiliz. Chiliz is a token produced by the Ethereum blockchain.
The purpose of this platform can be defined as to unite sports clubs and their fans. So how can fans interact with their teams on Socios.com? Let's sort it out first.
i. Fan Token Features
ii. Polling Features
iii. Reward Features

Now let's explain these features in more detail;

i. Fan Token Features
The most important feature of Socios.com is to create fan tokens. In this way, the fans can support the sports clubs with the tokens they buy and have the right to have a say in the decisions to be made about the club. So far 42 tokens have been created on this platform. 37 of them have been launched and the remaining 5 are in the process of being launched. It is possible to get these fan tokens by trading with Chiliz Exchange. and the other Centralized Exchanges. It is also possible to trade if a token has entered one of the centralized markets. We have to use CHZ to buy with these tokens in Chiliz exchange and Socios.com app.

ii. Polling Features

If you have purchased a fan token after becoming a member of Socios.com, you can participate in polls about the fan token you own. These polls are opened at a certain time interval and offer the fans the opportunity to make decisions about the team. For example, there are polls such as the entrance marches of the teams, the design of the jerseys, the name to be given to the training field. To participate in these polls, it is necessary to have the fan token of the team that opened the survey.

iii. Reward Features

A credit card bank had an ad that said there are some things money can't buy. By owning these fan tokens, you may be rewarded with things money can't buy.
For example, awards are offered such as meeting the athletes you admire, having the jerseys they wore during the match, having signed jerseys, and watching the match at the stadium. In order to receive these rewards, you must have the Fan Token of the team you support.

2). What are the effects when blockchain has entered the realm of the sports industry?

I think we explained the answer to this question a little bit in the first question. With the combination of these two components, the interaction between fans and sports clubs will increase. By purchasing these fan tokens, fans will interact with the team they support, while sports clubs will earn an extra income in this way.

In addition, the sports industry is a very large and widely spread industry. When the sports industry and blockchain meet, people's understanding and use of blockchain will increase.

3). Is Socios.com a good prospect as an investment vehicle? Explain your personal opinion along with strong evidence.
In my opinion, the answer to this question is yes. If we list the reasons;

• First of all, I see that world-famous clubs such as Inter Milan, Manchester City, Barcelona, PSG are involved in these investments. These clubs have fans around the world and they will want to invest in these clubs.
• In addition, the presence of these big clubs on this platform increases the reliability of Socios.com.
• It is almost impossible for the fans to be in the decision-making phase about their team. But Socios.com offers this possibility to the fans.
• The rewards are not something that ordinary people can easily get, so people will have a chance to reach these rewards by making a small investment.
• Socios com is ahead of its alternatives as it is the first platform to bring together the blockchain and sports industry.

4). Explain the steps to install the Socios application in full and explore the various features in the application. (Screenshot Required)

1- I am using an Android phone. For this reason, I downloaded the application from the Play Store.
2- After downloading the application, I started the Socios.com registration process by pressing the "Start" button.

3- Choose a username and enter your valid e-mail address. I chose ozenozge as my username on Steemit.com. Luckily that username was available.
4- Enter your phone number. Then enter the confirmation code that will come via SMS.

5-I verified my e-mail address by clicking the "Verify now" button that I marked with red in the incoming mail.
6- After confirming the mail, my account was created.

7- After the account was created, I went back to the app. Here I proceeded by pressing the next button until the finish button came.
8-And now I am ready to explore the application.

9- When you click on the man figure in the upper left corner, you will reach information about your account. You can change your profile picture here and check the settings and security settings here.
10- You can enter your wallet and see your current balance and make purchases and sales here.

5). Choose a Fan Token in the Socios application and do a detailed fundamental analysis. (Screenshot Required)

I am a Galatasaray fan, so the GAL Fan Token was the one that caught my attention the most. When I choose Gal from the fan tokens, I can access information about this token from this page. If I want to buy the right now 1 Gal token, the price is 25.2 CHZ or about 8.72 Euros. By purchasing tokens, you gain advantages such as making decisions about the team by participating in surveys, winning various prizes by making score predictions, watching matches in the stadium, meeting with footballers, or winning signed jerseys. After receiving 1 GAL token, I have a chance to participate in surveys about Galatasaray here. In this way, I will have a chance to make a decision about my team. When I enter the survey section, I see the surveys opened by Galatasaray. There are currently no ongoing surveys. However, in the past, surveys were opened about the jersey that the basketball team would wear or the jersey number of the newly transferred football player.

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6). Conclusion.
Block Chain is entering our lives more and more day by day. Socios.com was the one that combined the sports world with the blockchain.
The sports industry is one of the most important industries in our age and it is an industry that makes a lot of money. All over the world, fans make certain expenses to support their teams. such as buying the jerseys, licensed products of the teams, going to the matches. But no matter how much the fans spend for their team, their relationship with the team is one-sided. However, this one-sided relationship with the Socios.com platform can turn into a mutual relationship. Fans also now have a certain amount of decision-making authority for their team.
The path for Socios.com, which combines cryptocurrencies and sports, which are usually male interests, seems quite clear.

CC: @wahyunahrul