Lazio has become the latest central sporting team to launch its token through the Binance Launchpad. This entails the recording of BNB balances which starts on October 14th at midnight UTC.
It is the 22nd Launchpad project following the Beta Finance token sale in late September. In this article, you will discover how to get Lazio Fan Tokens.
How to Get $LAZIO tokens in the Binance Launchpad?
The Lazio Fan Token is currently in preparation and will have a hard cap of USD 20,000 per user. Also, there will be a total token supply of 4 billion $LAZIO tokens. 10%, or 4 million tokens, and the $LAZIO price will be $1 each.
Source: Binance Launchpad
To participate, you need to subscribe by holding $BNB tokens in any available $BNB balances in Binance. The deadline finishes on October 21st. Then, la “calculation period” starts, and finally, the “final token distribution” occurs.
Binance Sponsoring Lazio
In Rome, SS Lazio plays in Serie A and has spent most of its history in top-flight Italian football. The team has also just adopted Binance as its official sponsor. It now has the company name emblazoned across its jersey. The deal is for two years with an option for a 3rd year, at a total value of over 30 million Euros.
🤝 Binance diventa Main Jersey Sponsor della S.S. Lazio
— S.S.Lazio (@OfficialSSLazio) October 13, 2021
According to the announcement, Lazio President Claudio Lotito said: “We are delighted with this new international collaboration. The partnership with Binance will allow us to extend our digital presence and connect with fans and followers from all over the world like never before”.
Fan tokens have become increasingly popular this year. They provide an additional avenue for fans to express their loyalty.
On the other hand, the rival Italian squad AC Milan launched its ACM fan token in partnership with Socios. Socios has also helped other teams such as FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Atlético Madrid, and Galatasaray launches their fan tokens.
$BNB Token Price Outlook
The price of the $BNB token has slipped 2.8% on the day to trade at USD 464. The exchange-based token has been up 20% over the past fortnight. However, it is ranked at 3rd place in the market cap charts with USD 78 billion.
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