Cryptocurrencies

Socios.com and OG claim ‘pioneering moment in esports history’

Malta, 2 July 2019: Socios.com is proud to announce a multi-year partnership with DOTA 2 World Champions, OG. A pioneering moment in esports history, OG will become the first esports team to be tokenized through Socios.com, following already announced Fan Token and influence engagement partnerships with three top-tier football clubs – Paris Saint-Germain, Juventus and West Ham United, with a collective global fan base of over 500 million.

Socios.com is a first-of-its-kind mobile app for sports fans that aims to create a closer connection between teams and their fans through branded Fan Tokens. OG Fan Tokens – which can be bought, earned or hunted through the Socios.com app – allow fans to compete for once-in-a-lifetime experiences, earn rewards and take part in team-delegated binding and non-binding polls. Fans will also be given exclusive access to merchandise, games, and leaderboards. The app is powered by $CHZ, a digital currency that fuels blockchain-backed platforms and products that are geared towards casual and mainstream users.

OG was founded as (monkey) Business by Johan “n0tail” Sundstein. The team began to make a name for themselves during the Frankfurt Major in November, 2015. After winning the 2017 Kiev Major, they became the first team in Dota 2 to win four Dota Major Championships. They also won The International 2018, the concluding tournament of the Dota Pro Circuit, taking home almost$12 million in prize money and elevating the team to World Champion status.

With a fan base that exceeds 850,000 fans across social media platforms, the launch of the OG Fan Token will evolve the team’s global fan engagement strategy and expand its global audience, bringing hundreds of thousands of fans in Europe and Asia closer to OG.

Johan “n0tail” Sundstein, CEO of OG says: “Socios.com is an exciting and innovative way for us to offer our fans new experiences, a means to engage with the team they love, and a part to play in the decision-making process of the club.”

Alexandre Dreyfus, CEO and Founder of Socios.com, says: “Esports has experienced phenomenal growth over recent years, and with an impressive fan base, this growth is set to continue. We’re building a strong ecosystem of top-tier clubs from many different sports verticals and we’re very excited to have OG, the Dota 2 World Champions, to drive that evolution of esports fan engagement. Including esports as a Fan Token vertical in the app, means we can educate a huge audience of mainstream consumers to the benefits of blockchain and cryptocurrencies.”

The OG Fan Token will be available exclusively through Socios.com in Q4 2019, and will be tradeable against the platform’s native token, $CHZ. $CHZ was listed on Binance DEX – Binance’s decentralised exchange – on Monday 1st July.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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