NEW!Incredible offer for our exclusive subscribers! Read More
Altcoins

Spain’s national soccer team to launch fan token on Turkish platform

1 Mins read

The Spanish national soccer team will launch the world’s first national soccer team fan token thanks to a partnership between the Royal Spanish Football Federation and the Turkish blockchain platform Bitci Technology.

cryptonews.net

The token will launch on Bitcichain, and all tech infrastructure will be provided by Bitci Technology. According to a recent announcement, Bitci Technology will be the exclusive blockchain partner of the team during the initial three-year partnership, followed by an optional two-year period.

The partnership also makes Bitci a jersey logo sponsor of the Spanish national team. World-famous football players such as Sergio Ramos, David de Gea, and Paco Alcácer are going to wear Bitci-branded jerseys during training.

Bitci Technology founder Çağdaş Çağlar noted the Spanish national team’s massive influence over world soccer, stating: “This partnership marks the first blockchain-based fan token for a national football team.“

Royal Spanish Football Federation president Luis Rubiales stressed the importance of using cutting-edge technology, stating: “This partnership enables us to create more synergy and bond even further with Spanish National Football Team fans across the globe.”

Bitci Technology has previously partnered with Formula 1 team McLaren Racing and Turkey’s National Basketball Team to launch fan tokens. As reported earlier this year, European soccer team Rangers Football Club signed a sponsorship deal with Bitci. The Turkish crypto platform’s logo will appear on the Rangers First Team shorts, per the partnership.

While fan tokens have been primarily popularized by soccer teams such as FC Barcelona, Paris Saint-Germain and Juventus, they are increasingly being embraced across all branches of sports. As Cointelegraph reported last week, the world’s premier mixed martial arts league, the UFC, partnered with Socios to launch fan tokens on the Chiliz platform.

Related posts
AltcoinsBTCBusinessCryptoETHMiningNewsOtherStock

Binqwix.com collaborates with Stake.com to offer Crypto services for its users

1 Mins read
Binqwix.com has collaborated with Stake.com to give crypto gamblers with a top-tier exchange where they can deposit, sell, and even convert Crypto…
AltcoinsBTCBusinessCryptoETHOther

Tradex-wallet.com staking platform with the best percentages or is it a temporary phenomenon?

1 Mins read
As it became known, tradex-wallet announced the announcement of a new staking program, rewards and large payouts for staking, the platform raffles…
AltcoinsBTCCryptoETHOther

Cryptwex & 15 More Crypto Exchanges Face Ire of South

2 Mins read
Sixteen international crypto exchanges. Including and the Mexican heavyweight MEXC. Have landed in hot water with Cryptwex.com financial regulators. For failing to comply with local guidelines….
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *