Football news-Page 5
Major Turkish sports club Fenerbahçe issues fan token on Ethereum
Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the Ethereum blockchain through a new partnership with local crypto exchange Paribu. The initial presale of 500,000 unlocked tokens was completed on Monday, netting the club 15 million Turkish lira ($1.75 million) in 30 seconds. The club announced that the Fenerbahçe Token would have a maximum supply of 190,700,000 tokens in reference to 1907, the year Fenerbahçe was established. According to the project’s white paper, a total of 117 million treasure tokens wil be created on smart contracts over the next 25 years …
Technology / Aug. 10, 2021
Arsenal FC to launch AFC Fan Token on Socios
English Premier League stalwart Arsenal F.C. is launching a new fan token in partnership with Socios, giving its supporters the ability to influence club decisions and access team-related content. The partnership makes Socios the main digital meeting place for Arsenal’s fanbase, according to a Monday announcement from Chiliz, the exclusive blockchain of the Socios platform. By holding AFC Fan Tokens, Arsenal fans will have “countless engagement opportunities” with the club, Chiliz said, including “the chance to influence the club in a series of interactive polls across a variety of decisions every season.” No timetable was given for the launch of …
Business / July 19, 2021
This NFT platform boasts exclusive drops from top-flight athletes
A verified athlete-only platform connects fans with their favorite sports stars like never before. Blockasset has been built on top of Solana because of how this network achieves high speeds and low fees — delivering a seamless experience alongside NFTs that owners will be proud of. One recent collection came from Italian captain Giorgio Chiellini, who played an instrumental role in the national team’s sensational win against England in the European Championships. The piece was focused on his warrior-like spirit and was named The Gladiator, and ultimately ended up selling for a cool $60,000 — a sum that has been …
Technology / July 16, 2021
Dutch Football Team AZ Alkmaar to hold Bitcoin
In a statement posted on the club website on Thursday, the Eredivisie side, which finished third in the 2020/2021 Dutch football season, announced crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner until mid-2024. According to the announcement, the sponsorship deal with be finalized fully in Bitcoin, with the Dutch club stating its intentions to keep the BTC sum on its balance sheet. For AZ’s commercial director Michael Koster, the appeal of Bitcoin and crypto is undeniable hence the club’s decision to adopt BTC. “The cryptocurrency market is booming, with an exponential growth of users in recent years,” …
Adoption / July 2, 2021
Socios partners with Turkish soccer club union to explore digital revenue models
The soccer world continues to seek out new revenue models amid the coronavirus pandemic, which saw the suspension of league matches in some countries, and new partnerships form to find sustainable answers in the digital space. Representing soccer clubs playing in the Süper Lig, Turkey’s primary soccer league, the Turkish Union of Clubs has partnered with fan engagement platform Socios.com to promote innovation in the country’s soccer landscape, according to a July 1 announcement. “Few countries in the world match the unique passion that Turks feel for the game of football,” Socios and Chiliz CEO Alex Dreyfus told Cointelegraph: “This …
Blockchain / July 1, 2021
Tom Brady and Gisele Bündchen take equity stake in FTX crypto exchange
Seven-time Super Bowl champion Tom Brady and Brazilian supermodel Gisele Bündchen are the latest celebrities to reaffirm the growing adoption of the cryptocurrency industry. West Realm Shires Services, FTX Trading Limited and Blockfolio, three companies behind major global cryptocurrency exchange business FTX, announced Tuesday a long-term partnership with Brady and Bündchen. As part of the deal, the legendary football player and model will each take equity stakes in FTX Trading and will receive crypto. Brady will serve as an ambassador for FTX, while Bündchen will take on the role of FTX’s environmental and social initiatives advisor, working on initiatives to …
Adoption / June 29, 2021
Portuguese national football team launches fan token with Socios
Blockchain-based sports platform Chiliz has partnered with the Portuguese Football Federation to release fan tokens on Socios. In a Thursday announcement from Socios, the platform said it will be dropping tokens for the Portugal national football team, also known as A Seleção or “The Selection,” within the next few days for local fans. As with previously tokenized sports franchises, the digital collectibles are minted on the Chiliz blockchain and allow token holders to vote in polls and earn VIP rewards. “The launch of the $POR Fan Token will allow us to create new ways of reaching our supporters and interact …
Business / June 24, 2021
Germany commemorates Euro 2020 soccer team with NFTs
The German Football Association (DFB) has officially announced the debut of national soccer team nonfungible tokens (NFTs) in partnership with a major blockchain-based fantasy soccer game provider Sorare. As part of an official license agreement, the DFB will create digital collectible cards on the Ethereum blockchain of 18 players on the German national team through Sorare’s platform. According to an announcement from Sorare, the cards will be available for use in Sorare’s Global Fantasy Football game for the Euro 2020 soccer championship. By issuing player NFT cards on Sorare’s platform, the DFB aims to find new revenue streams as well …
Technology / June 22, 2021
Crypto fan tokens a mixed bag for game-deprived soccer fans
Soccer fan tokens emerged as an offshoot of the tokenization craze in cryptocurrency sometime around 2019. Essentially acting as tokenized shares of influence, fan tokens give supporters of sports organizations the chance to take part in club polls, win unique prizes, and gain a small say in club decisions which are designed to spur increased fan engagement but are often only aesthetic in nature. But despite the seemingly superficial nature of fan tokens, their prevalence only went from strength to strength as the years went by, as major European football clubs such as Barcelona, AC Milan, Manchester City, Paris St. …
Technology / June 16, 2021
French Football Federation launches official player NFTs with Sorare
With the Euro 2020 championship in progress, blockchain-based fantasy soccer game Sorare has announced the licensing agreement for a national sports association to issue nonfungible tokens of its players. In an announcement today, Sorare said the France Football Federation, or FFF, had launched its own line of player nonfungible tokens, or NFTs, prior to the team’s match against Germany on Tuesday. The French National Team — often called “The Blues” for the color of their shirts — is currently competing in the 2020 Union of European Football Associations European Football Championship. The Euro 2020 tournament was postponed last year due …
Nft / June 14, 2021
Football-focused NFT platform plans to kick off in style, with some big names
Football: It’s a sport filled with magic, memorable moments, and passionate fans who devote their lives to supporting their team. And now, a long-term project is giving supporters a whole new way of collecting memorabilia. Shirtum is a nonfungible token platform that allows footballers to create NFTs reflecting some of their biggest milestones — powerfully telling the story of iconic moments in their careers that will go down in history. Fans will be able to compete for the chance to own limited-edition tokens in their very own personalized gallery, with blockchain technology being used to guarantee the authenticity, traceability and …
Technology / June 14, 2021
NFL quarterback Tom Brady hints at owning Bitcoin
Tampa Bay Buccaneers quarterback Tom Brady, arguably one of the most talented American football players of all time, has hinted that he’s a Bitcoiner. On Monday, Brady changed his Twitter profile picture to one with laser eyes, potentially implying to his 1.9 million followers that he is invested in Bitcoin (BTC). The football star made the change less than a day after Blockworks co-founder Jason Yanowitz challenged him to do so and provided the updated picture. The crypto asset's price was seemingly unaffected by the NFL player's pseudo-announcement. At the time of publication, BTC's price is $57,500, having risen 8% …
Adoption / May 10, 2021