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

According to a Nov. 4 announcement, the token will enable a number of new fan engagement opportunities, including the right to vote in polls as well as the chance to earn unique rewards linked to the organization.

The maximum supply of fan tokens will be capped at 5 million coins, with a limited number of tokens available at a fixed price of $1. An initial flash sale is expected to take place in the coming months, Socios said. Following the flash sale, the price of Natus Vincere token will be determined by demand.

More widely known by its short name Navi, Natus Vincere first entered the esports arena in 2009 and has since evolved into a strong multigame organization. Navi specializes in major games like CS:GO, Dota 2, PUBG, Apex Legends, Fortnite, PUBG Mobile and Rainbow Six rosters. “Natus Vincere” means “born to win” in Latin.

Navi will become the third esports organization to join the Socios platform, following European OG and the Spanish Team Heretics. Socios has also listed fan tokens for major sports clubs including FC Barcelona, Juventus and Paris Saint-Germain.

In August 2020, Socios CEO Alexandre Dreyfus announced that the firm was preparing to launch a Visa debit card for fan tokens.

Products You May Like

Articles You May Like

New Peer to Peer Exchange Provides Africans with an Alternative to Paxful
SolidX files lawsuit against VanEck alleging Bitcoin ETF ‘plagiarism’
Bitcoin’s 20% rebound in one day is one of its biggest ever — But there’s a catch
UK’s FCA crypto derivatives ban may push retail investors to riskier grounds’s Bitcoin reserves are now worth double the entire EOS market cap
Zcash (ZEC), Kusama (KSM) and Hedget (HGET) soar as Bitcoin hits $40K

Leave a Reply

Your email address will not be published. Required fields are marked *