Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets Cryptos

Top Football clubs are now using blockchain

Olumide Adesina by Olumide Adesina
August 28, 2020
in Cryptos
Crypto: Algorand surges 31% after sudden Coinbase listing 
Share on FacebookShare on TwitterShare on Linkedin

Football clubs are now using blockchain, to facilitate better experiences for their fans.

A leading Turkish football club, Trabzonspor, in partnership with Chiliz, recently announced that they would begin a $TRA Fan Token on fan voting & rewards app Socios.com and the Chiliz Exchange, a global tokenized sports exchange.

RelatedPosts

Top Crypto: Bitcoin Leads Broader Altcoin Rally

Ethereum, BNB, XRP post solid gains but Bitcoin’s key support level shaky

$TRA token owners will be able to influence club decisions to vote in many polls each season on Socios.com, earn rewards linked to the club, other creative digital experiences, and real-life activations, such as meeting players and watching games like a VIP when fans return to the stadiums.

READ: Chelsea FC posts N46.42 billion loss in 2019

Why Nairametrics believes it is a big deal

Football is by far the most popular game worldwide. The last football World Cup tournament held in Russia 2018, had over 3.5 billion individuals watching the matches. This shows that about half of the world’s population is keen on football.

Nairametrics believes such partnerships with these football clubs via blockchain will open more economic opportunities and leverage on this wider audience via collaboration with the industry’s global brands.

READ: Investment Clubs: Have they run out of fashion?

Socios.com Fan Token partners include Juventus, AS Roma, Galatasaray, FC Barcelona, Atlético de Madrid, Paris Saint-Germain, CA Independiente, Apollon Limassol and esports organizations Team Heretics and OG.

Dozens of more clubs are set to launch Fan Tokens before the end of the year, with many leading IPs from sports and entertainment also primed to join the Socios.com roster in the near future.

READ: Ighalo to earn N1.4 billion in six months at Manchester United 

Sinan Zengin, General Manager at Trabzonspor said, “At Trabzonspor, we are very happy with this cooperation and I would like to express that it is a project that excites us.

“Thanks to this partnership, we will have much more effective communication with our fans who are spread all over the world. Our fans will have the chance to influence and change the decisions of our club on some issues.

READ: This is why Dangote may drop plans to buy Arsenal FC

“This situation is really exciting. This collaboration will allow us to implement developments, marketing opportunities, and other innovations in the digital world. I am sure that our fans will make the slogan ‘Everywhere is Trabzon For Us’ even more meaningful with their interest in the $TRA Fan Token Offering, which we will start next month.”

Related

Tags: AS RomaAtlético de MadridBlockchainCA IndependienteChiliz ExchangeFC BarcelonaGalatasarayJuventusParis Saint-GermainSinan ZenginSocios.comTrabzonspor

Leave a Reply Cancel reply

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

Hot forex
Cornerstone
Mega Millions
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB
Ikeja Electrics




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Lagos seals over 137 properties in the state for physical planning contravention
    • NGX resumes week on a bullish note with the market capitalization up by N139 billion
    • Why angry residents blocked Badagry highway

    Follow us on social media:

    Recent News

    Lagos seals over 137 properties in the state for physical planning contravention

    Lagos seals over 137 properties in the state for physical planning contravention

    June 27, 2022
    Investors trade cautiously as stock market grows slightly by N2.2 billion

    NGX resumes week on a bullish note with the market capitalization up by N139 billion

    June 27, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com