AC Milan Fan Token
ACM
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
ACM (AC Milan Fan Token) functions as a club-affiliated utility and engagement token within the Socios.com ecosystem on the Chiliz Chain. Development is platform-dependent with no public codebase or independent technical layer, earning a 3.0 in Active Development. Community support (5.5) shows real fan engagement around club polls and match events, though granular metrics remain sparse. Tokenomics (4.0) and Market Use Case (4.5) are constrained by sentiment-driven utility, lack of revenue share, and a severe price drawdown exceeding 90% from historical highs amid high sector competition. Governance (5.0) is centralized with non-binding cosmetic voting. Security (3.5) reflects the absence of formal third-party code audits, bug bounties, or team KYC, capped by significant price depreciation, despite a clean track record free of exploits, hacks, or regulatory enforcement. No qualifying red-flag events were identified.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About AC Milan Fan Token (ACM)
AC Milan Fan Token (ACM) is an official utility fan token launched in January 2021 through a partnership between Italian football club AC Milan and the Socios.com platform on the Chiliz blockchain. Issued by Switzerland-registered Fan Token Management AG, the token is designed to provide supporters with access to fan engagement initiatives, VIP club rewards, and participation in club-sanctioned interactive polls, such as selecting dressing room mottos and fan-facing designs.
Technically, ACM functions as a platform-dependent utility asset on the permissioned Proof-of-Authority Chiliz Chain, with an operational token migration executed in 2025. The token has a hard-capped maximum supply of approximately 19.92 million to 20 million tokens subject to a multi-year release schedule. ACM does not feature an independent open-source codebase, decentralized autonomous organization (DAO), or protocol-level revenue-sharing mechanisms; governance is centralized within the Socios application where voting weight correlates with token holdings while overall administrative authority remains with AC Milan.
While the project has recorded no smart contract exploits, hacks, or regulatory enforcement actions to date, it carries notable structural and market risks. The token lacks independent third-party smart contract audits, public GitHub repositories, and formal bug bounty programs. Furthermore, ACM has experienced a substantial, unrecovered price drawdown exceeding 90% from its historical all-time high, reflecting broader liquidity and retention challenges characteristic of sentiment-driven fan tokens.