Socios.com
Published in

Socios.com

LOCK-1 Locker Room — What You Need To Know

We’re incredibly excited to announce that we’ve signed Fan Token partnership agreements with Aston Martin Cognizant F1 Team and Alfa Romeo Racing ORLEN!

Here’s what you need to know:

  • Each LOCK-1 token will convert to 2 x $SAUBER & 2 x $AM
  • For every LOCK-1 you hold, you will receive 2 x Fan Tokens per partner. For example, if you hold 10 LOCK-1, you will receive 20 x $SAUBER & 20 x $AM
  • At the point of distribution, each Fan Token will have a value of 50 CHZ
  • Fan Token distribution will be staggered per partner, and will all be distributed to Socios.com wallets by end of day Thursday 20th May
  • Neither $SAUBER nor $AM will be tradeable at this time
  • Each partner will have a token supply of 10 million
  • If you participated in the LOCK-1 Locker Room, you will receive a CHZ bonus of 10% of your stake. This will be credited to your Socios.com wallet by the end of day, Friday 21st May 2021 (CET).

Please note, if you wish to transfer out your CHZ bonus, the withdrawal of CHZ is manually approved for security reasons. This process is in place as an added layer of security to protect our users and their assets. All withdrawal requests will be processed within 72 hours of application.

--

--

--

The world’s first fan voting and rewards platform

Recommended from Medium

What is the best financial fraud detection software?

How To Claim Your IDO Token?

AMA #2 with Eduard: Ours is a value proposition others don’t have

So, what is GDPR?

Large quest from ZkLend with rewards.

Beware the boot bug

Basics Of Sock Puppets.

CertiK audits DinoDefi

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Socios.com

Socios.com

The world’s first fan-voting and rewards platform powered by Chiliz. Download the app now at Socios.com!

More from Medium

Top SEO Companies in Australia

“The Biters” Narrated Series: What is it?

Charging Travel Pad with Nightstand Mode, Minimalist Design and Included USB Type C Cable for Apple…

How to Remove Microsoft News from Taskbar Windows 10? [3 Ways]