AC Milan Fan Token

The AC Milan Fan Token (ACM) presents a distinct profile as a centralized utility asset rather than a decentralized cryptocurrency. Its primary strength lies in the robust institutional backing from AC Milan and the Chiliz/Socios infrastructure, which ensures high security (8.5/10) and a functional, clearly defined use case for fan engagement (7.2/10). The fixed supply and vesting schedule provide decent tokenomic stability (6/10), mitigating infinite inflation risks. However, the project scores poorly on decentralized metrics: active development is virtually non-existent (1.5/10) as it relies entirely on Socios' private tech stack, and governance is restricted to minor engagement polls rather than protocol control. Community support (5.5/10) is polarized; while there is a dedicated core of users redeeming real-world rewards, the broader crypto sentiment is skeptical, viewing the token as a transactional loyalty point rather than an investment vehicle. Overall, ACM is a functional product for fans but carries significant centralization risks, as its value is entirely dependent on the continued partnership between the club and the platform.