TEAM HERETICS FAN TOKEN ($TH) SELLS OUT IN UNDER 20 MINUTES GENERATING €250,000

Leading Spanish esports organisation Team Heretics have announced that the initial supply for their $TH Fan Token has sold out in less than 20 minutes after launching on fan voting and rewards app Socios.com and Chiliz.net – the world’s first tokenised sports exchange.
125,000 $TH Fan Tokens were made available at a fixed price of €2 in the flash sale, which ran across both Socios.com and Chiliz.net, with $TH sold on a first-come, first-served basis.

$TH will be available for purchase again from Friday August 28th on Socios.com and Chiliz.net, but price will be determined by supply and demand.
Fan Tokens are digital assets which offer increased fan engagement on voting & rewards app Socios.com. Fans can use their Tokens to vote in polls and to be in with the chance of winning digital and real-life rewards.
Team Heretics fans can already use their $TH Fan Tokens to vote in the first poll to choose which players they want to see go head to head in a Fortnite death-match series. Heretics and Socios.com will select six $TH holders to join the chosen duo, with the opportunity to progress to a final 2vs2 round and win prize packages – to be supplied by software colossus Logitech – on offer.
$TH Fan Token holders will be able to vote in many polls every season on Socios.com, earning rewards and increasing their fan status through the app.
A Leaderboard feature, where fans will receive rewards points based on how they interact with Team Heretics through the app will be launched in the near future, allowing fans to compete to become the number 1 fan in their country. A Chat feature and Games will also be launched on
Socios.com in the coming months.
Socios.com Fan Token partners include FC Barcelona, ​ Atlético de Madrid, Paris Saint-Germain, Juventus, AS Roma, Galatasaray, CA Independiente and esports giants OG. CA Independiente of Argentina and Apollon Limassol of Cyprus also launched their Fan Tokens on August 25th.
As many as 50 more IPs from the world of sports and entertainment are primed to join the Socios.com platform in 2020.
Pablo Canosa – Commercial Director of Team Heretics, said: “​Wow! What a response! We knew our fans were passionate but to sell absolutely all $TH Fan Tokens in under 20 minutes is incredible.
“The good news is that fans who missed out today can get $TH Fan Tokens again from Friday 2pm onwards on Socios.com and Chiliz.net.
“Fans who have their tokens already can vote in the first poll now and get their chance to join Team Heretics players in a Fortnite duel.”
Alexandre Dreyfus, CEO and Founder of Chiliz and Socios.com said: ​“Team Heretics ethos is built around their strong and passionate fanbase and I’m delighted the response to the launch has been so positive.
“The organisation believes in giving fans the opportunity to play an active role, and now fans can do just that – starting with the first poll, which will give six $TH holders the once-in-a-lifetime opportunity to line up alongside Heretics players.”