Esports group first in UK to launch Fan Token on Socios.com

UK-based Endpoint CeX becomes the sixth esports partner on the Socios.com platform

Team of teenage gamers taking part in esport tournament                                 
EndPoint CeX will be launching the $ENDCEX Fan Token on the Socios.com platform – Photo:Shutterstock
                                

Endpoint CeX, a UK-based esports organisation that competes in video gaming tournaments involving games like Counter-Strike: Global Offensive (CS:GO), Rocket League, Quake and Rainbow 6 Siege, has signed a partnership with Chiliz, the global blockchain provider for the sports industry. The partnership will result in the unveiling of a new Fan Token via fan engagement and reward app Socios.com.

Endpoint CeX becomes the sixth – and first UK-based – esports group to partner with the platform. The $ENDCEX Fan Token Offering will take place on 18 November.

The esports organisation will use the $ENDCEX Fan Token “to empower their fanbase with a selection of unique and exciting rewards”, according to the Chiliz press release. Those who buy the $ENDCEX Fan Token will have access to exclusive rewards from video games and technology retailer CeX as well as receive opportunities to attend CeX events as a special guest. Endpoint will also be hosting monthly polls where fans who hold the $ENDCEX Fan Token can vote and have a direct say on organisation decisions.

“Over 70 major sporting organisations have partnered with Socios.com”

More than 70 major sporting organisations have partnered up with Socios.com to launch Fan Tokens, including FC Barcelona, Paris Saint-Germain (PSG), Juventus and AC Milan.

In addition, Socios.com has partnered up with five English Premier League teams: Aston Villa with the $AVL Fan Token, plus Leeds United ($LUFC Fan Token), Everton ($EFC Fan Token), Arsenal ($AFC Fan Token) and Manchester City ($CITY Fan Token). All five have launched or will be launching a Fan Token with Chiliz and Socios.com.

Teams from other sports, including the US National Basketball Association (NBA) and Ultimate Fighting Championship (UFC), have also launched Fan Tokens on Socios.com.

“Our Fan Token is going to help change the way we develop UK esports”

Peter Thompson, chief operating officer (COO) of Endpoint CeX said: “We are extremely pleased to bring the next level of fan engagement to our ever growing and amazing supporters. Partnering with Socios on the launch of our Fan Token is really going to help change the way we nurture and develop UK esports, especially alongside the launch of the new Endpoint HQ in 2022. We are excited to invite our fans to help shape the future of Endpoint CeX and be able to reward them in new and innovative ways.”

Alexandre Dreyfus, CEO of Chiliz and Socios.com added: “We’re delighted to welcome Endpoint CeX to Socios.com as our sixth partner in esports and the first from the UK. We’re fully committed to creating amazing opportunities for Endpoint CeX fans around the world and look forward to revealing more about this partnership – including details on the groundbreaking first poll – soon.”

Further reading: Amazon Japan best-selling book has chapter written by Chiliz

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com Bel LLC or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
iPhone Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with crypto or fiat
iMac Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with crypto or fiat
iMac Image