Ethereum 

Galatasaray Is the Latest Big-Name Football Club to Launch a Fan Token

Turkish Football Club Galatasaray Spor Kulübü plans to launch fan Ethereum-based fan tokens in partnership with blockchain sports fan startup Socios based on sports tokenization platform Chiliz. Socios announces in a press release published on Sept. 16 that as a result of the partnership, The Lions (Aslanlar) — the only Turkish club to have won a major UEFA competition — will release its fan tokens on its platform. A blockchain sports platform Furthermore, the team will also be present on the firm’s blockchain-based, influence and rewards mobile app for football…

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Blockchain 

Spanish La Liga Club Atlético Madrid Is Launching a Fan Token

Spanish soccer team Atlético de Madrid — which plays in the top professional division of Spain’s soccer league, known as La Liga — is partnering with blockchain platform Socios.com to launch a fan token ecosystem.  The news was revealed in a press release shared with Cointelegraph on Sept. 6. Atlético’s fan token As previously reported, Socios has described itself as a blockchain-powered, tokenized application of the “Socios” crowd-management concept of Real Madrid & FC Barcelona (“socios” means member or associate in Spanish). The Socios tokenized voting platform and blockchain-based mobile…

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Blockchain 

Everton Football Club Signs EToro as Official Online Trading Partner

Everton Football Club of the British Premier League has signed a deal with the crypto-inclusive investment and trading platform eToro. Everton shared news of the partnership in an official announcement on Aug. 1.  As per the report, eToro will now be Everton’s “Official Online Trading Partner”, which will offer advertising for the platform via its marketing assets and matches at home stadium Goodison Park. Everton’s commercial director Alan McTavish commented that he is “excited to see what can be achieved by bringing blockchain technology into the world of football.” The…

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Blockchain 

Chiliz to Provide Official Crypto of Football Club AS Rome via Socios

Italian football club AS Roma will join blockchain-based voting platform Socios through a partnership with sports and entertainment blockchain firm Chiliz. In an official announcement published on July 19, Chiliz revealed that AS Roma is joining Socios, a sports platform powered by Chiliz, in order to launch an AS Roma fan token. The dedicated tokens are set to provide fans with the right to vote in certain club-delegated decisions. The post further explains that “the more fans vote and interact with the club through the app, the more rewards they…

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Blockchain 

Blockchain Sports Platform Will Not Buy English Football Club With Crypto

Decentralized sports investment and funding firm SportyCo will reportedly not purchase English Championship football club Hull City AFC, the Next Web reported on May 1. Sources familiar with the matter reportedly told the Next Web that the deal price appeared to be too high when disclosed to investors supporting SportyCo’s bid. Sources reportedly said that the price was “higher than the real market valuation.” Last October, sports-focused media outlet SportsPro reported that SportyCo partnered with the Hull City Supporters Trust (HCST), an organization founded to represent fans and strengthen the…

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Blockchain 

UK Premier League Soccer Club West Ham to Launch Fan Token in Partnership With Socios

London-based West Ham United — a soccer team that plays in the United Kingdom’s Premier League — is partnering with blockchain platform Socios.com to launch a fan token ecosystem. The news was revealed in a press release shared with Cointelegraph on April 30. As previously reported, the Socios tokenized voting platform and blockchain-based mobile app is operated by sports blockchain venture chiliZ, which has the backing of high profile crypto industry players that include crypto exchange Binance and OK Blockchain Capital. West Ham United, currently ranked 11th in the Premier…

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Blockchain 

Dutch Crypto Firm Libereum Acquires Spanish Soccer Club Elche CF

Dutch crypto firm Libereum has acquired Spanish soccer club Elche CF for $4.9 million, according to a press release published to the Libereum website Dec. 26. The acquisition marks the first step in the crypto company’s ambitions to purchase a set of international soccer clubs and make its ERC20 token, Liber, a mandatory form of payment in the stadiums of those clubs it owns. Libereum states it secured its purchase of the Segunda División (second division) A club with a bank guarantee of €4.3 million (about $4.9 million) as an…

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Ethereum 

Brazilian Premier League Soccer Club Launches Crypto ‘Fan Tokens’

Brazilian premier league soccer club Atletico Mineiro has launched a fan token dubbed “GaloCoin,” Cointelegraph Brazil reports Friday, Dec. 14. The GaloCoin is named after Atletico’s mascot, a rooster (“galo” in Portuguese). It is based on Footcoin — a platform that allows to launch utility tokens on the Ethereum blockchain. The GaloCoin is tied to the national fiat currency exchange rate and is equal to one Brazilian real. Atletico’s token will allow fans to purchase game tickets, official apparel, as well as participate in discount programs. To use the club’s…

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