The Gunners received a second warning from Britain’s advertising watchdog amid failing to warn fans about its token’s risks because it is associated with crypto.
It is evident that the warning didn’t come unfairly. The club used promotional emails that said the NFTs were a gift to the club fans and offered voting rights in certain club decisions and entry to in-person events. However, the club did not disclose the adequate risks of investing in crypto assets like NFTs.
Arsenal FC should have included a text in their promotional emails specifying that crypto assets are unregulated and often volatile and not doing so “trivialized investment in crypto assets by omitting appropriate and prominent risk warnings.”
Arsenal FC Fan Token $AFC
Together with Socios, Arsenal created a platform allowing fans to influence and engage with club decisions. $AFC is the token that will offer these benefits and many more.
You can visit Arsenal FC Official Website to learn more about the token.
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