Team Vitality Launches Fan Token Through Partnership With Socios.com – The Esports Observer
Paris-based esports organization Team Vitality announced Friday that it will soon launch its own fan token on fan engagement and rewards app Socios.com. The fan token was developed in partnership with Chiliz, a blockchain provider that services esports, traditional sports, and other entertainment industries.
Financial terms of this new endeavor were not disclosed.
The $VIT Fan Token will launch on July 1, and will have a “lifetime supply” of 7M priced at €2 each ($2.38 USD) during the initial sale.
These tokens will give Team Vitality fans access to voting rights in polls, VIP rewards, exclusive promotions, AR-enabled features, chat forums, games. and competitions on Socios.com.
Team Vitality joins a growing list of esports organizations using fan tokens through Socios.com, including OG, NAVI, Team Heretics, and Team Alliance.
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