S.S. Lazio Fan Token (LAZIO)

The exchange rate of one LAZIO at 16:13 UTC is 2.731$

Chart | Average rate

“Lazio Fan Token” is a crypto asset of the Italian football club “Societa Sportiva Lazio”. It is one of the leading football teams in Italy. The team was founded in 1900 in Rome, the capital of Italy. Its name is a tribute to the region in which the metropolis is located, which is called “Lazio”.

It was the first professional club in Rome and also one of the most successful in the country with 15 national and 2 international titles. Its main competitor is “A.S. Roma”. Both teams play a derby known as the “Derby della Capitale”.

Fan token offering (FTO), in other words the offer of tokens to fans, took place in 2021. This came about through a partnership between Societa Sportiva Lazio and Binance, a cryptocurrency exchange.

The partnership between Lazio and Binance also allowed the exchange to print its branding on the club uniform. The deal was concluded in the amount of 30 million euros for a period of two years with the possibility of an extension for a third.

With a token called “LAZIO”, fans can vote and gain access to the team's beneficiary club. With the launch of the token, Lazio hopes that it will become one of the tools to facilitate global brand expansion.

The “Socios.com” platform, one of the largest organizations in the utility token market, is responsible for creating LAZIO tokens. It also creates fan tokens for other international clubs and companies such as the Ultimate Fighting Championship (UFC).

What are the main features of the LAZIO fan token?

LAZIO is known to be a governance token. That is, it allows fans of the team and other investors who own this crypto asset to participate in any decisions that the club makes.

One of the participation options that the fan token allows is to vote for a phrase that the team captain will wear on his belt. This way fans can suggest expressions or just vote for the ones that are available.

With LAZIO you can purchase exclusive benefits. Fans can receive invitations to take part in tours of the stadium or the Lazio club, as well as compete for tickets to attend matches in the VIP sectors.

Another interesting point is the partnership with Binance. Thanks to this, the tokens were launched on the exchange’s own blockchain and can generate transactions with a decrease in value. The club and company also hope to launch new features, including non-fungible token (NFT) trading.

How to invest in Lazio Fan Token (LAZIO)?

If someone understands the main features of the Lazio Fan Token and is interested in using this crypto asset as an investment, he needs to know what opportunities exist for this. As you can see, although this is not the main function of the token, it can be traded by speculators.

To evaluate this option, you need to understand whether it fits the investor's personal profile. In this sense, utility tokens are subject to the volatility of the cryptocurrency market. Therefore, they are more suitable for bold investors.

However, it is important to remember that buying and selling crypto assets directly through exchanges requires caution. After all, the Securities and Exchange Commission (CVM) does not regulate this market. Therefore, the investor is more vulnerable to fraud.

Thus, it is possible to get acquainted with the cryptocurrency market through regulated alternatives. For example, exchange-traded funds (ETFs) or index funds.

Another regulated option is cryptocurrency funds. While ETFs follow the indicator, these funds tend to outperform the index. To do this, each instrument can adopt different strategies and have its own degree of impact on the cryptocurrency market.