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Summary of Lazio Fan Token (LAZIO)
Key Points
- Lazio Fan Token (LAZIO) is a fan token by Binance, the world’s biggest cryptocurrency exchange.
- The token gives holders ownership of the club’s governance and allows them to affect decisions, access exclusive promotions, unlock VIP rewards, and gain special recognition by the club.
- Binance struck a deal with SS Lazio worth over 30 million euros lasting over two years, with the option to extend it for a third year.
Founders
- SS Lazio is one of Italy’s most prestigious and long-standing clubs.
- Binance is the world’s biggest cryptocurrency exchange, launched
Introducing the S.S. Lazio Fan Token: A Revolutionary Way to Empower Fan Engagement
Introducing Lazio Fan Token (LAZIO): A Revolutionary Asset for Devoted Supporters
Lazio Fan Token (LAZIO) is a pioneering fan token launched by Binance, the world’s largest and most prominent cryptocurrency exchange. Until now, fan tokens have been the exclusive domain of Socios, the company behind fan tokens for several esteemed football clubs, including PSG, as well as the UFC and car racing. By leveraging the immense popularity of fan tokens, Binance is poised to revolutionize the fan engagement experience. These tokens grant holders ownership of the club’s governance, enabling them to influence key decisions, access exclusive promotions, unlock VIP rewards, and receive special recognition from the club. Building on the success of other fan tokens, Binance has secured a landmark deal with SS Lazio, worth over 30 million euros, spanning two years with the option to extend for a third year. The president of Lazio expressed his profound satisfaction with the partnership, stating:
“We are thrilled to embark on this groundbreaking international collaboration. Our strategic partnership with Binance will significantly amplify our digital footprint, enabling us to engage with our global fan base and followers in unprecedented ways.”
It is reasonable to anticipate that the fan token’s success will closely mirror the team’s on-field performance, with victories driving up demand and, consequently, the token’s value.
The Visionaries Behind Lazio Fan Token: Meet the Founders
SS Lazio, one of Italy’s most esteemed and enduring football clubs, boasts a rich heritage and a recent Champions League pedigree. The team’s impressive trophy cabinet includes two Serie A titles, seven Coppa Italia crowns, three Supercoppa Italiana titles, and a UEFA Cup Winners’ Cup and UEFA Super Cup title apiece. Binance, the world’s largest cryptocurrency exchange, founded by Changpeng Zhao, its current CEO, has established itself as a dominant force in the digital asset space. Its native token, Binance Coin (BNB), is one of the most valuable tokens in the market. In December 2020, Binance forged a strategic partnership with Socios, the pioneering company behind fan tokens, leveraging its launchpad as a distribution platform for new fan tokens. This synergy exposes fan tokens to a broader investor base, thereby amplifying the potential upside for fans who acquire them.
Unveiling the Uniqueness of Lazio Fan Token
Lazio Fan Token adheres to the paradigm established by other football clubs, conferring ownership of a voting right and granting fans access to a plethora of unique, club-specific rewards and experiences. For instance, fans are empowered to influence specific decisions, such as determining the message emblazoned on their captain’s armband. Furthermore, fans are afforded the opportunity to win exclusive access to the club, including, but not limited to, visiting the player area in the stadium, watching a match from the VIP zone, and receiving discounts on club merchandise.
Moreover, by leveraging the Binance Smart Chain, fans can reap the benefits of enhanced accessibility, a wider range of functionalities, and significantly reduced transaction costs. Furthermore, Binance is set to introduce voting sessions on Lazio-related matters, loyalty subscription programs, seamless integrations with the fan shop, and an exclusive NFT collection reserved for token holders.
What Is the Circulating Supply of Lazio Fan Token (LAZIO) Coins?
The total supply of LAZIO is capped at 40 million. A limited allocation of 10% will be reserved for public sale on Binance, priced at $1 per LAZIO. The hard cap for this public sale is set at $4 million, with a maximum individual allocation of 20,000 LAZIO per user.
The Lazio Fan Token Network: A Fortress of Security
LAZIO is poised to emerge as a BEP-20 token, seamlessly integrated within the Binance Smart Chain (BSC) ecosystem.
The Binance Smart Chain (BSC) is fortified by a proof-of-stake consensus mechanism, which ensures the integrity of the network. Every 24 hours, a cohort of 21 validators is elected to validate transactions and safeguard the blockchain’s security. To be eligible for this role, these validators must stake a predetermined amount of BNB coins with Binance, thereby demonstrating their commitment to the network’s stability.
When Will Lazio Fan Token Trading Commence?
Mark your calendars for October 21, as LAZIO is set to debut on Binance Launchpad. In the lead-up to this milestone, Binance users can position themselves to receive LAZIO tokens by maintaining a BNB balance in their accounts. The allocation of LAZIO tokens will be determined by the user’s BNB balance, with a maximum allotment of 20,000 LAZIO per user. Notably, the public sale price of LAZIO has been set at $1.
Acquiring Lazio Fan Token (LAZIO): A Comprehensive Guide
We are thrilled to announce that LAZIO will soon be listed on Binance, a premier cryptocurrency exchange.
New to the world of cryptocurrency? Explore our comprehensive guide on entering the market and purchasing LAZIO or any other token, available in the CoinMarketCap education portal — Alexandria.
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