Binance's Lazio Fan Token (LAZIO) is a fan token. Socios, the business behind supporter tokens for several other football clubs, including PSG, as well as fan tokens for the UFC and car racing, is the only company that has generated fan tokens so far. Binance is capitalizing on the popularity of fan tokens, which offer holders ownership of the club's governance and give them access to unique promotions, unlock VIP prizes, and receive special recognition from the club. Binance inked an agreement with SS Lazio worth over 30 million euros over two years, with the possibility to extend it for a third year, following the success of other fan tokens.The Lazio Supporter Token is based on the model of other football clubs' fan tokens. It denotes ownership of a voting right and allows fans to gain exclusive club benefits and experiences. One example is when fans have a say in some decisions, such as the message on their captain's armband. Fans will also have the opportunity to win VIP entrance to the club. They can, for example, access the stadium's player area, obtain VIP ticketing to a match, and earn discounts on club items.