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Socios to launch fan token for major Ukrainian esports organization

Socios to launch fan token for major Ukrainian esports organization

Natus Vincere, a Ukrainian multi-game group, has introduced plans to launch a fan token on blockchain-based platform Socios.

In accordance with a Nov. four announcement, the token will allow quite a few new fan engagement alternatives, together with the correct to vote in polls in addition to the possibility to earn distinctive rewards linked to the group.

The utmost provide of fan tokens can be capped at 5 million cash, with a restricted variety of tokens accessible at a hard and fast worth of $1. An preliminary flash sale is predicted to happen within the coming months, Socios stated. Following the flash sale, the worth of Natus Vincere token can be decided by demand.

Extra broadly identified by its brief identify Navi, Natus Vincere first entered the esports area in 2009 and has since developed into a robust multigame group. Navi makes a speciality of main video games like CS:GO, Dota 2, PUBG, Apex Legends, Fortnite, PUBG Cellular and Rainbow Six rosters. “Natus Vincere” means “born to win” in Latin.

Navi will turn into the third esports group to hitch the Socios platform, following European OG and the Spanish Workforce Heretics. Socios has additionally listed fan tokens for main sports activities golf equipment together with FC Barcelona, Juventus and Paris Saint-Germain.

In August 2020, Socios CEO Alexandre Dreyfus introduced that the agency was making ready to launch a Visa debit card for fan tokens.