esports: Team Vitality (FRA) to launch its first Fan Token in partnership with Socios.com

Socios.com, a cryptocurrency blockchain platform owned by the Maltese companies ChiliZ and Mediarex Sports & Entertainment, has become an official partner of Team Vitality and will launch the French esports organisation's first official Fan Token, announced both parties on 18/06/2021.

7 million $VIT Fan Tokens will be sold at €2 each from 01/07/2021. The $VIT Fan Token will allow Team Vitality to "boost its brand globally."

"Team Vitality will use Fan Tokens to empower their fanbase with a selection of unique and exciting rewards. Fans who purchase $VIT Fan Tokens will have access to exclusive content, activations around Team Vitality players, shop vouchers and also have the opportunity to attend events as special guests. Team Vitality will also host monthly polls where its fans can vote and have a direct impact on key organisational decisions," explained Socios.com

"Our first poll is a very exciting one which we’ll be announcing in the coming days and I can't wait to see how our fans vote," said Nicolas Maurer, CEO of Team Vitality.

"Fan Tokens have generated over $150m in revenues…