Spanish organisation Team Heretics has partnered with tokenisation platform Chiliz to launch its own token for its fans.
The deal will allow fans that purchase tokens to vote in “key decisions” and earn “exclusive digital and real-life rewards. through Chiliz and Socios.com.
The fan token will launch on August 25th, with 125,000 being available in the initial offering until August 27th. Each token will cost €2 (£1.81) in the initial offering, though the price will be determined by supply and demand once the period closes. There’s a total supply of 5,000,000 tokens, according to a release.