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Oct 21, 2021What is Lazio Fan Token (LAZIO)?
Lazio Fan Token (LAZIO) is a fan token introduced by Binance, the world's leading cryptocurrency exchange platform. This project marks Binance's venture into the realm of fan tokens, a concept previously popularized by Socios, the company behind fan tokens for various football clubs, including PSG, as well as for the UFC and car racing. Leveraging the appeal of fan tokens, Binance aims to grant holders a stake in the governance of SS Lazio, enabling them to influence decisions, access exclusive promotions, unlock VIP rewards, and receive special recognition from the club.
The collaboration between Binance and SS Lazio, valued at over 30 million euros for an initial two-year period with the option to extend, demonstrates a significant step forward in digital engagement within the sports industry.
Recent Video Interview
Main points of the interview:
- Chiliz focuses on merging Web3 with sports, partnering with major sports teams like FC Barcelona and PSG.
- Upcoming plans include blockchain expansion and incentivizing stakers and validators.
- Chiliz navigates global regulations, ensuring compliance from the outset.
- Community spans Korea, Turkey, Brazil, and Italy.
Features
- Ownership and Governance: LAZIO provides fans with ownership of a voting right, allowing them to influence decisions such as the message on the captain's armband.
- Exclusive Rewards and Experiences: Holders of LAZIO tokens gain access to unique club-specific rewards and experiences, including exclusive visits to the player area in the stadium and rights to watch matches from the VIP zone.
- Broad Accessibility and Functionality: By launching on the Binance Smart Chain, LAZIO offers broader accessibility, enhanced functionalities, and reduced transaction costs for fans.
Lazio's Projects
LAZIO SOCCER SCHOOL: This project focuses on the territorial and educational development of SS Lazio, involving amateur clubs at regional, national, and international levels. It promotes a common methodology for teaching football and training adult figures, with the potential to identify future players for SS Lazio's Youth Sector.
LAZIO SUMMER CAMP: SS Lazio offers football-focused summer camps guided by the club's Youth Sector instructors. Participants receive age-appropriate training aimed at improving football skills while fostering interpersonal relationships and fun experiences.
POST-CAREER TRAINING SCHOOL: President Claudio Lotito initiated this project for young players in SS Lazio's Youth Sector and the women's team. Collaborating with UniNettuno International Telematic University and Banca Igea, it provides educational pathways in various football-related professions, encouraging study and career development beyond their playing years.
Team Background
SS Lazio, boasting a prestigious history and numerous titles, stands as one of Italy's esteemed football clubs. Binance, founded by Changpeng Zhao, emerged as the world's largest cryptocurrency exchange, with its Binance Coin (BNB) token among the market's most valuable. Binance's partnership with Socios in 2020 facilitated the distribution of fan tokens through its launchpad, expanding exposure to potential investors and enhancing opportunities for fans.
Security
LAZIO operates as a BEP-20 token on the Binance Smart Chain (BSC), secured through a proof-of-stake consensus mechanism. Twenty-one validators, elected every 24 hours, validate transactions and uphold blockchain security by staking BNB coins with Binance.
Similar Projects
Some similar projects to LAZIO: AC Milan Fan Token, Alpine F1 Team Fan Token, FC Barcelona Fan Token, Santos FC Fan Token, Stella, Argentine Football Association Fan Token, Arsenal Fan Token, AS Monaco Fan Token, AS Roma Fan Token, Atletico Madrid Fan Token...
Lazio Fan Token Price Analysis
As of October 13 2024 Lazio Fan Token has a marketcap of $13M. This is {{percentagefromath}} from its all time high of $26.75. In terms of its tokenomics, there's a total supply of 40M with 21% currently outstanding. Keep in mind Lazio Fan Token has a fully diluted value of $63M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
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