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Nairametrics
Home Markets Cryptos

Cristiano Ronaldo becomes first footballer to earn Crypto

Olumide Adesina by Olumide Adesina
March 22, 2021
in Cryptos, Sports, Spotlight
Cristiano Ronaldo tests positive for COVID-19
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The world’s highly respected footballer, Cristiano Ronaldo collected about 770 Fan Tokens JUV ahead of Juventus’ match against Benevento on Sunday as a way of marking his record-breaking goal milestone.

It’s the first time a footballer has been rewarded with Crypto which is becoming prominent in terms of fan interaction into the world’s most popular sport.

Fan Tokens like $JUV permits Juventus fans to interact extensively with their football club and participate in various decisions through the Socios app.

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READ: Paris Saint-Germain Fan Crypto gains over 50% in a day

At the time of writing Chiliz the sport-based crypto, trading at $0.550926 with a daily trading volume of $1.07 Billion.

Chiliz is up 0.03% for the day and currently has a market value of $3.077 Billion.

The five-time ”World football of the year” would collect 770 JUV tokens – for each senior career goal scored, as reported by Spanish outlet Marca.

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

READ: Manchester City becomes first English football club to go Crypto

Chiliz, powering Socios.com, aims to give sports and esports fans the ability to crowd-manage their favorite teams, games, leagues, and events.

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

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: Ex-Real Madrid Striker, David Barral becomes first-ever footballer to be bought with Bitcoin

Meanwhile, the Portuguese footballer recently spoke on his future at the club amid the recent exit of his team from the Champion League stage;

“Now I can’t wait for the next games and challenges! The next records and trophies!
“Believe me, this story is still far from being over. The future is tomorrow and there’s still a lot to win for Juventus and Portugal!
“Join me in this journey! Let’s go!”


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Tags: AS RomaAtlético de MadridBlockchainChristian RonaldocryptoFC BarcelonaGalatasarayJuventusParis Saint-Germain
Olumide Adesina

Olumide Adesina

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

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Comments 1

  1. Okusada says:
    March 23, 2021 at 10:40 pm

    Is it possible for someone in Nigeria to engage in crypto trade. Knowing well that the CBN had declared it illegal?

    Reply

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