NAVI Natus Vincere Fan Token

Fan Tokens are generally assets that can represent proof of ownership or even membership. As tokens are already being used for a wide range of purposes, many specialized blockchains have been developed with native intent to support tokens, the most common of which is currently Ethereum and their ERC standard tokens. Socios.com is an app primarily for football (soccer) fans, where users acquire voting rights to influence the clubs they support by acquiring club-specific Fan tokens.

Chiliz ($CHZ) is an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. In launching their platform, alongside other sports blockchain ventures, a new category of token has emerged — the Fan Token. Once onboard the Socios.com platform, yet to-be-announced club partners host what has been called a Fan Token Offering (FTO). Fans must purchase $CHZ via a cryptocurrency exchange in order to acquire Fan Tokens. These tokens — which are specific to a team or club — are a finite, digital asset that provide access to an encrypted ledger of voting and membership rights ownership.

Natus Vincere (Latin for ‘The Born To Win’) first entered the esports arena in 2009 and have evolved into a strong multigame organisation since then. The club has won 18 major titles since its foundation. NAVI is in a process of expansion and will be adding new games and rosters in the near future. Currently NAVI compete in the following games; CS:GO, Dota 2, Rainbow Six, Apex Legends, PUBG, PUBG Mobile, Quake, Brawl Stars, Valorant, LoL Wild Rift, and Free fire.