S.S. Lazio Fan Token
Name
S.S. Lazio Fan Token
Summary
S.S Lazio is a fan token of a popular Italian football club
-The club was founded in 1900 and the token was created by Socios along with Binance in 2020
-It is a governance token that uses proof of stake (PoS)
Rating
Symbol
LAZIO
Overview
S.S Lazio is an Italian football team which competes in the Seria A which is the top flight level of football in Italy as well as the 3rd ranked football league in all of Europe.
The Lazio Fan Token was created by Binance on the BSC. It is similar to the fan tokens created by other football teams, racing teams etc. Binance is leveraging the popularity of fan tokens, which give their holders ownership of the club’s governance and allow them to affect decisions, access exclusive promotions, unlock VIP rewards and gain special recognition by the club
Binance struck a partnership deal with Socios, the company behind other fan tokens, in December 2020, which saw its launchpad act as a distribution platform for new fan tokens. That way, fan tokens are exposed to even more potential investors, raising the potential upside for fans that acquire them.
Lazio Fan Token follows the model of fan tokens used by other football clubs. It represents ownership of a voting right and gives fans access to earn unique club-specific rewards and experiences. One example would be when fans influence specific decisions, such as determining the message on their captain’s armband. Fans also get the chance to win exclusive access to the club. For instance, they can visit the player area in the stadium or receive rights to watch a match in the VIP zone and get discounts on club merchandise.
Historical Price Movement (in INR)
Technology
The Lazio fan token was built in partnership by Socios and Binance on the Binance Smart chain. The Binance smart chain enables fans to benefit from broader accessibility, more functionalities, and lower transaction costs. Binance is also planning voting sessions on Lazio affairs, loyalty subscriptions, fan shop integrations and a NFT collection for token holders.
Binance Smart chain utilizes the Proof of stake mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.
The Lazio Fan token is a BEP-20 Governance token
Use of Native tokens in the ecosystem: Lazio tokens can be used by fans to make governance decisions of the football team that are deemed pivotal to the fan base.
Token Allocation
NA
Volume (1st May 2022)
$13,380,673
Total Supply
40,000,000 LAZIO
Circulating supply
8,600,000.00 LAZIO
Crowd Sales
NA
Funding
NA
Country
Italy
Name of Organization
S.S lazio- S.P.A
Year Incorporated
1900
Registered Address
Rome, Italy
Dispute Resolution and Governing Law
Italy
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| S.S LAZIO -SPA | - | - | - |
