S.S. Lazio Fan Token

Lazio Fan Token (LAZIO) is a fan-centric cryptocurrency launched by Binance, the leading global cryptocurrency exchange. Previously, fan tokens were exclusively produced by Socios, which has a history of creating tokens for various sports organizations, including football clubs like PSG, as well as entities in the UFC and motorsports. Binance is tapping into the growing trend of fan tokens, which grant holders a say in club governance, access to special promotions, VIP rewards, and other exclusive club experiences. Inspired by the success of other fan tokens, Binance entered into a lucrative deal with SS Lazio, valued at over 30 million euros over two years, with a potential extension for another year.

The president of Lazio shared his enthusiasm about the collaboration:

_“We are delighted with this new international partnership. Our alliance with Binance will enhance our digital footprint and engage with our global fanbase in unprecedented ways.”_

The success of the fan token is likely to mirror the team's performance on the field, with victories potentially increasing demand and driving up its value.

SS Lazio stands as one of Italy's most esteemed football clubs, boasting a long history and recent involvement in the Champions League. The club has won two Serie A championships, captured seven Coppa Italia titles, three Supercoppa Italiana trophies, and claimed victories in both the UEFA Cup Winners' Cup and the UEFA Super Cup. Binance, founded by CEO Changpeng Zhao, is the largest cryptocurrency exchange worldwide, with its Binance Coin (BNB) being a highly valued asset in the crypto market. In December 2020, Binance formed a partnership with Socios, enabling their launchpad to serve as a distribution platform for new fan tokens. This collaboration enhances exposure to a wide array of potential investors, providing increased opportunities for fans who invest in these tokens.

Lazio Fan Token follows the model set by other football club fan tokens. It grants holders voting rights and offers fans the chance to earn rewards that are unique to the club. For example, fans might participate in decisions like choosing the message on the captain’s armband. Additionally, fans can gain exclusive access to club experiences, such as visiting the player area at the stadium or enjoying matches from the VIP section, along with receiving discounts on merchandise.

By being launched on the Binance Smart Chain, fans enjoy easier access, enhanced features, and reduced transaction fees. Binance is also planning to conduct voting sessions on various Lazio matters, introduce loyalty subscriptions, integrate a fan shop, and create an NFT collection for token holders.

The total supply of LAZIO tokens is capped at 40 million. Out of this, 10% will be offered during a public sale on Binance, priced at $1 per LAZIO. The public sale's hard cap is set at $4 million, with each user being able to purchase a maximum of 20,000 LAZIO.

LAZIO operates as a BEP-20 token on the Binance Smart Chain (BSC).

Security on BSC is maintained through a proof-of-stake consensus method. Every 24 hours, 21 validators are chosen to verify transactions and safeguard the blockchain. These validators must stake a certain amount of BNB coins with Binance to qualify for the role.

Trading for LAZIO is set to begin on October 21 via Binance Launchpad. Before this date, Binance users can qualify to receive LAZIO tokens by holding BNB in their accounts. The number of LAZIO tokens allocated to each user is determined by their BNB balance, with a maximum allocation of 20,000 LAZIO per user. During the public sale, the price will be $1 per LAZIO.

LAZIO will be available for purchase on Binance.

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