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OG Fan Token (OG) is a Chiliz Chain-based fan token for the OG e-sports team.
The OG Fan Token (OG) is a utility token that provides fans of the OG Esports Team (“OG”) with a tokenized share of the team’s decision making through the use of Socios’ apps and services.
Socios is a blockchain-based fan engagement and rewards platform for the sports and entertainment industry backed by Chiliz.
OG is a functional token built on Chiliz Chain (Chiliz Chain is a Proof-of-Authority sidechain based on Ethereum). OG is mainly used for the following:
Governance: OG holders can vote on various binding "fan decisions" issued by OG through smart contracts.
Rewards: OG holders can participate in activities on Socios to get rewards.
Token Staking: In the future, OG can be staked to earn non-fungible token (NFT) rewards.