RATE Group | Cryptocurrency Making its Way into Football Clubs and their Business
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Cryptocurrency Making its Way into Football Clubs and their Business

13 Nov Cryptocurrency Making its Way into Football Clubs and their Business

Posted at 19:23h in Cryptocurrency News by

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Blockchain and cryptocurrency hold great potential in sports like football that has the potential to create huge business opportunities and also to change the lives of many.

The latest to join the bandwagon of football clubs that are doing online business through cryptocurrency is the Famous German Football club, Bayern Munich. According to reports, the club has made a deal with Stryking Entertainment to produce virtual collectibles of the club’s players, or playing cards of the athletes, which could be used to compete in online competitions.

European Football club Benfica accepted sponsorship in the form of tokens for a Champions League match. They also sold tickets for the September Leipzig on the UTRUST platform, which is a cryptocurrency platform.

At the beginning of 2019, Juventus club, in association with Socios.com, a blockchain-based online platform, launched the Juventus Official Fan Token. The fans of the club could buy the tokens in exchange for cryptocurrency. This…

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