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Home Markets Cryptos

European Champions, FC Bayern Munich taps into blockchain

Olumide Adesina by Olumide Adesina
November 10, 2020
in Cryptos
European Champions, FC Bayern Munich taps into blockchain
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Champion league winner, FC Bayern Munich, which plays in the German Bundesliga, has joined other elite clubs in blockchain-based fantasy soccer.

READ: Real Madrid leapfrogs others to emerge the world’s most valuable football club

What you should know –

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The Ethereum blockchain-based fantasy football game – Sorare, which Bayern joined recently already has over a hundred football clubs, including big brands like Paris Saint-German, Atletico Madrid, Juventus, and PSG.

  • Football clubs are now using blockchain, to facilitate better experiences for their fans.
  • 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: Barcelona overtakes Real Madrid on biggest earners’ list 

That said, FC Bayern Munich had earlier partnered with other blockchain projects, that include last fall’s partnership with Stryking Entertainment to produce digital collectibles of its players.

READ: Barcelona and Rakuten extend partnership for 2021/22 Season

Optics

Sorare is a unique fantasy football game that is global. The top 20 leagues in the world are available on Sorare and people play Sorare because they love:

  • Making new friends that are passionate about global football.
  • Scouting players and cheap cards that can become the next big thing.
  • Fantasy Managers can win rewards every week (new cards and ether).

READ: Ajax FC’s shares fall by 21% after Champions League defeat

As the game is new, playing Sorare is embarking on the bold adventure of reinventing fantasy football and card collecting.

READ: Laliga clubs set for financial setback as government orders termination of betting sponsorships

READ: Coronavirus will cost Premier League clubs £1 billion


Follow us for Breaking News and Market Intelligence.
Tags: Atletico MadridBayern MunichJuventusParis Saint-GermanPSGSports News
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

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