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French Esports Giants Team Vitality Set For Global Expansion With Socios.Com Fan Token Launch On July 1st

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Team Vitality announces the launch of its $VIT Fan Token
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Team Vitality, in partnership with Chiliz, the leading blockchain provider for the global esports, sports and entertainment industries, have announced they will launch a Fan Token on fan engagement and rewards app Socios.com.

The $VIT Fan Token will launch on July 1st, providing a powerful new way for the team to boost its brand on a global scale and for fans all around the world to engage with and influence the organisation. The lifetime supply of $VIT Fan Tokens will be 7 million and they will be priced at €2 each during the initial sale.

Fan Tokens are collectible digital assets, minted on the Chiliz blockchain, that provide owners with access to voting rights in polls, VIP rewards, exclusive promotions, AR-enabled features, chat forums, games and competitions on Socios.com.

Since its inception in 2013, Team Vitality has grown into one of the biggest esports organisations in the world and home to some of the industry’s best esports players who compete in the biggest global esports titles. Over the last six months, Team Vitality has continued to build upon its esports legacy, most recently announcing its expansion into Brazil with the signing of Hugo “Dioud” Padioleau as its first official ambassador, and the reveal of its new League of Legends rosters.

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. The subject of Team Vitality’s first poll will be announced very soon.

Team Vitality will become the fifth esports team to launch a Fan Token on Socios.com, joining OG, NAVI, Team Heretics and Team Alliance on the platform.  The Socios.com network consists of a roster of 35+  elite international sporting organizations, including world leading football clubs Paris Saint-Germain, FC Barcelona, Juventus, Manchester City, Atlético Madrid and the Argentina national team.  Leading MMA organisations the UFC and PFL have also launched Fan Tokens on Socios.com, as will Aston Martin Cognizant and Alfa Romeo Racing ORLEN of  Formula One™.

Driven by the central belief that transitioning passive fans into active fans is essential to the future of esports and sport, Socios.com is a direct-to-consumer (D2C) platform that leverages blockchain technology to provide partners with the tools to engage with and monetize their global fanbases. Fan Tokens have generated over $150M in revenues to be shared with Socios.com partners in 2021 alone.

Created by Chiliz, the leading blockchain provider for the global sports and entertainment industry, Socios.com will continue its global expansion throughout  2021 and is targeting many more Fan Token with partners from across the world.

Socios.com has multiple office locations around the world and has recently opened new regional headquarters in Madrid, Istanbul, São Paulo and Buenos Aires. The company will also open a new office in North America in the near future.

“At Team Vitality we’re lucky to have some of the most creative and engaged fans in esports, and we’re always looking for ways to collaborate more closely, and offer them new experiences. Socios.com has a track record of providing an innovative Fan Token platform for some huge sports and esports brands, and we’re proud to partner with them. 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, Team Vitality 

Alexandre Dreyfus, CEO of Chiliz and Socios.com, said:. “Team Vitality is France’s number one esports organization. They are already an absolute powerhouse of the esports world, but with the launch of the $VIT Fan Token they will be able to expand their reach exponentially,  growing their unique, exciting brand on a global scale.

“Vitality have really grasped what Fan Tokens are all about and fans can look forward to some groundbreaking, unprecedented engagement opportunities on the Socios.com app – as well as some really cool rewards too from the moment the Fan Token launches in just a few weeks time on July 1st.

“We now have 5 major esports organizations on our roster, which is definitely a milestone for us, but there is still immense potential for growth in this space, both in terms of activity with our existing partners and new partnerships.”

Blockchain

Abstraction Enters Blockchain Game Development Space with Mythical Games Partnership

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Abstraction Enters Blockchain Game Development Space with Mythical Games Partnership
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Studio renowned for technical prowess and creativity chosen as part of initial group of developers to work with new crypto-powered games platform

Abstraction, a creative game development studio based in The Netherlands, is one of the first to partner up with Mythical Games. Recently valued at $1.2 billion, Mythical Games has selected to work with Abstraction on an action-strategy game based on the developer’s own proprietary technology, which will be integrated into Mythical’s new crypto platform.

“Mythical Games is at the forefront of scarcity-driven game design, and it’s exciting to be here at the beginning with them, exploring new ways to unlock the potential of crypto-powered games,” said Ralph Egas, CEO and Founder of Abstraction. “We share Mythical’s vision for player-owned economies and NFTs and are eager to apply our extensive AAA game development experience to the Mythical Platform, leveraging blockchain technologies to help set the industry standard for play-to-earn and digital ownership within video games.”

In line with the goals of the Mythical Platform, the unnamed action-strategy game will be play-to-earn, unlocking the player’s ability to reap rewards based on NFTs (non-fungible tokens), which use the transparency and security of the digital ledger of blockchain to authenticate rare items. Built on “a private EVM-compatible sidechain,” the Mythical Platform allows players to value and sell their own in-game items. It can integrate with existing games or be part of a new game, and includes tools for trades, payments, integration with in-game inventory, and fraud protection.

“We have been working with the team at Abstraction for over a year on a prototype using the incredible simulation tech they have built,” said John Linden, Co-founder and CEO of Mythical Games. “This is the type of innovation that can completely change a game experience for the better; we believe a combination of their technology and our economic platform has the potential to create a new and exciting game economy that players will enjoy for years to come. We are excited to work with Abstraction on bringing this evolution to life.”

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Blockchain

Lega Serie A Announce Socios.com Partnership

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Lega Serie A has announced an official partnership with Socios the all-in-one influence and rewards app for sports fans across the world. Socios becomes Official Partner of Lega Serie A and Main Sponsor of the Supercoppa Frecciarossa and Coppa Italia Frecciarossa Finals.

The partnership builds on Socios’ already significant existing presence in the Italian sports industry, which includes partnerships with Inter Milan, Juventus, AC Milan, Napoli, FC Bologna, AS Roma and the Italian national team.

“We are extremely pleased to announce this partnership with Socios, a leading brand in its sector that has been working with the excellence of sports for several years now. With this agreement Lega Serie A proves once again to be ready to seize the opportunities offered by new markets, projected towards the future and innovation and careful to respond to the needs of fans around the world,” Luigi De Siervo, CEO of Lega Serie A, said.

Alexandre Dreyfus, CEO of Chiliz and Socios, said: “In 2021 we grew our network by over 500% and welcomed over a million new users to our platform.

“We’ve got bigger aims for the next 12 months, so we’re delighted to begin 2022 with this major announcement that further solidifies our commitment to the Italian sports industry.

“We look forward to working closely with Serie A, spreading the message about Socios and building up our community of superfans both in Italy and across the world.”

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Blockchain

Breaking news: Oly Sport opens Testnet to give away VR glasses and NFT horses to the best riders

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Oly Sport’s limited Testnet will last from December 28-30 with valuable gifts for the best players.

Following the set schedule, Oly Sport is ready to enter the Testnet phase in the last week of this December. Oly Sport is a horse racing game built on the Binance Smart Chain platform with a unique play-to-earn mechanism and particular horse breeding system.

After a long time waiting, Oly Sport has officially announced the first round of Testnet from December 28 to December 30. This is a critical stage to prepare for the Mainnet, so Oly Sport will give unique slots to those who have supported the project since the early days, specifically as follows:

Reward:

  • Top 1-3: Oculus Quest 2
  • Top 50: Lucky draw to win purebred horses (Total horses: 6 horses of 3 breeds, 2 of each breed)

(Except for the prize, any data at the Testnet stage will not be transferred to the Mainnet)

In addition to the rewards, Testnet participants will understand the gameplay mechanics better, how to earn $OLY from the races, and the impact of $OLY on the in-game economy. This experience will play a crucial role in improving Oly Sport’s final version for the development team.

Oly Sport is the latest project of CEO Jimmy Chan and his startup team in Canada. Jimmy Chan started with a real estate company called Odyssey 3D, which quickly grew to Top 100 companies in Ontario, Canada.

Revolutionizing traditional horse racing

Oly Sport is a game that follows the metaverse trend, solves the traditional problem using the blockchain, and is the only game that does not follow the betting like conventional horse racing. Furthermore, the $OLY token will be secured by tangible assets – natural land.

Unique horse system

The NFT horses in Oly Sport are characterized by dissimilar DNA, bloodline, genotype, generation, rarity, coat color, and genetic potential. Each horse is a different being that brings different values. That’s why Hollywood Star Lindsay Lohan spent 80,000 BUSD to buy a Majestic Sam Horse at the first auction of Oly Sport on November 29.

Outstanding economic system

Not only provides a unique race-to-earn mechanic experience, but Oly Sport also helps players become “shareholders” of real-life racecourses – something that no other NFT games can do.

Celebrity endorsement

The long-term vision and strategy of the development team have made Oly Sport more and more popular. The NFT horse racing project has received much support from prestigious sports journalist Fabrizio Romano, famous car vlogger Supercar Blondie, Shark Tank shark Kevin O’Leary.

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