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COINTURK NEWS > Altcoin News > What is Lazio Fan Token?
Altcoin News

What is Lazio Fan Token?

In Brief

  • Launched as the 22nd project on Binance Launchpad, the Lazio Fan Token (LAZIO) will allow its holders to vote on club activities and receive exclusive offers from the Italian football club.

COINTURK NEWS
COINTURK NEWS 8 months ago
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Launched as the 22nd project on Binance Launchpad, the Lazio Fan Token (LAZIO) will allow its holders to vote on club activities and receive exclusive offers from the Italian football club.

Contents
What is Lazio Fan Token (LAZIO)?How to Buy Lazio Fan Token?

What is Lazio Fan Token (LAZIO)?

Binance, the world’s largest cryptocurrency exchange by trading volume, has become the new (main) shirt sponsor of the Italian football club S.S. Lazio. The partnership agreement between Binance and Lazio is worth over 30 million euros and will last for up to two years, with the option to extend into the third year.

In an official press release, Lazio President Claudio Lotito stated, “We are very pleased with this new international partnership. Our collaboration with Binance will allow us to expand our digital presence and connect with our fans and followers around the world like never before.”

Moreover, like other sports fan tokens, LAZIO operates as a governance token. It grants its owners the freedom to vote on club decisions and access to special rewards and benefits, which will be announced after the token officially launches on October 21st.

Additionally, the Lazio fan token is not the only football fan token available in the blockchain world. Other successful launches include the Manchester City Fan Token (CITY) and the Paris Saint-Germain Fan Token (PSG).

PSG experienced a significant price increase, growing by over 300% and reaching an all-time high of $61.23, following the shocking transfer of one of football’s greatest players, Messi, from Barcelona to PSG in 2021.

Therefore, a player’s transfer also has the potential to increase the prices of fan tokens. Thus, if Lazio incorporates major players into its squad, significant price increases in the fan token could be seen.

Additionally, LAZIO token holders will have the right to vote on club decisions, receive special club discounts, and possibly have a say in future player transfers and other important decisions that shape or transform a football club.

Furthermore, the LAZIO fan token serves as an opportunity for fans worldwide to become a part of S.S. Lazio and elevate its global fan base to another level.

How to Buy Lazio Fan Token?

The Lazio Fan Token will be available for purchase on Binance today at 14:00. To buy LAZIO, one must first register with Binance and then send fiat money. After sending fiat currency like dollars, one can proceed to buy LAZIO in the trading pairs of Bitcoin (BTC) $103,232, Tether (USDT), Turkish Lira (TRY), and Euro LAZIO.

Additionally, on Binance, users can place buy orders not only at the market price but also at a lower value. To do this, use the Limit tab and enter the amount and price you wish to pay for the purchase.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 6 September, 2024 - 11:01 pm 6 September, 2024 - 11:00 pm
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