What is the SS Lazio Fan Token (LAZIO)?
What is the SS Lazio Fan Token (LAZIO)?

What is the SS Lazio Fan Token (LAZIO)?

Published Nov 18, 2022Updated Jan 4, 2024


Founded in 1900, SS Lazio is among the most successful football clubs in Italy, with a UEFA Cup Winners’ Cup title, a UEFA Super Cup Title, two Serie A titles, seven Coppa Italia titles, and five Supercoppa Italiana titles.

SS Lazio currently has more than 1.5 million supporters in Italy, and a digital fan base exceeding 2.5 million followers across their social networks. Thanks to the club’s partnership with Binance, the LAZIO token can be accessed by both SS Lazio fans and the entire Binance user base.

How does the SS Lazio Fan Token ecosystem work?

The SS Lazio Fan Token is a BEP-20 utility token designed to revolutionize the fan experience for all SS Lazio supporters. The token empowers SS Lazio fans to participate in team voting polls, hunt for digital collectibles, purchase NFTs, and enjoy gamification features tied to fan rewards and other great experiences.

LAZIO fan tokens aim to reshape the relationship between SS Lazio and its fans by providing crypto-powered one-stop engagement and governance solutions that leverage the Binance Fan Token Platform.

Binance Fan Tokens further empower SS Lazio fans by offering them exciting and revolutionary ways to engage and grow with their favorite team. The club is also able to incorporate the utility token into its ecosystem, enabling voting, donations, e-commerce, NFT, and more.

What are LAZIO Fan Tokens?

The maximum and total token supply of LAZIO is 40,000,000. The circulating supply upon listing will be 8,600,000 (21.5% of the total token supply).

LAZIO Fan Tokens are native BEP-20 tokens issued on the BNB Smart Chain (formerly BSC). As such, these tokens will be able to connect with other BSC-based decentralized exchanges (DEXs) and decentralized applications (dApps). As a BEP-20 token, LAZIO enables users to enjoy low transaction fees and three-second block times.

Unlike NFTs, all Binance Fan tokens, including LAZIO, are fungible. This means they can be exchanged for merchandise and experiences of the same value. However, LAZIO can also be exchanged for exclusive NFTs.

What can LAZIO tokens do?

LAZIO is the official Binance Fan Token for SS Lazio and is used for the following purposes:

  • Engagement: LAZIO token holders have the right to participate in fan engagement-related voting sessions on the Binance Fan Token platform.

  • Loyalty subscription: LAZIO token holders can to use LAZIO to subscribe to and obtain fan rewards, digital collectibles, loyalty points, and more.

  • E-commerce: LAZIO token can be incorporated into SS Lazio’s potential future e-commerce ecosystem and used as payment for merchandise, matchday tickets, memberships, and more by leveraging Binance Pay.

  • Benefits: LAZIO token holders can enjoy once-in-a-lifetime benefits by engaging with SS Lazio on the Binance Fan Token Platform. These benefits include signed merchandise, meet-and-greet sessions with football players, one-on-one phone calls with team members, and training sessions with the first team.

  • Gamification: LAZIO token holders are allowed access multiple gamification features on the Binance Fan Token Platform.

  • Donation: LAZIO token holders will be able to donate directly to their favorite team and earn a proof-of-loyalty badge for doing so.

How to buy LAZIO on Binance

You can buy SS Lazio Fan Tokens (LAZIO) on cryptocurrency exchanges like Binance.

1. Log into your Binance account and click [Trade]. Select either the classic or advanced trading mode to start.

2. Type “LAZIO” in the search bar to see the available trading pairs. We will use LAZIO/BUSD as an example.

3. In the [Spot] box, and enter the amount of LAZIO you want to buy. In this example, we will use a market order. Click [Buy LAZIO] to confirm your order, and the purchased LAZIO will be credited to your Spot Wallet.

Closing thoughts

As LAZIO’s user base grows, the community can expect LAZIO’s uses to expand and cover donations in LAZIO, team games, and payment for tickets and merchandise once the Fan Shop has launched. There will also be further integration of LAZIO into the SS Lazio ecosystem in different forms, including membership and an e-commerce platform.