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

In keeping with a Nov. 4 announcement, the token will allow numerous new fan engagement alternatives, together with the appropriate to vote in polls in addition to the prospect to earn distinctive rewards linked to the group.

The utmost provide of fan tokens might be capped at 5 million cash, with a restricted variety of tokens accessible at a hard and fast value of $1. An preliminary flash sale is predicted to happen within the coming months, Socios mentioned. Following the flash sale, the worth of Natus Vincere token might be decided by demand.

Extra extensively recognized by its quick title Navi, Natus Vincere first entered the esports area in 2009 and has since developed into a robust multigame group. Navi makes a speciality of main video games like CS:GO, Dota 2, PUBG, Apex Legends, Fortnite, PUBG Cellular and Rainbow Six rosters. “Natus Vincere” means “born to win” in Latin.

Navi will grow to be the third esports group to affix the Socios platform, following European OG and the Spanish Group Heretics. Socios has additionally listed fan tokens for main sports activities golf equipment together with FC Barcelona, Juventus and Paris Saint-Germain.

In August 2020, Socios CEO Alexandre Dreyfus introduced that the agency was making ready to launch a Visa debit card for fan tokens.