The tokens, expected in the 2nd quarter, will let holders vote on a variety of decisions about the team.
Barca will issue tokens for use on a fan-engagement platform. (AP pic)MADRID: FC Barcelona fans are about to get on the blockchain.Barca, as one of the world’s most popular football clubs is known, will issue tokens for use on a fan-engagement platform.
The tokens, expected in the second quarter, will let holders vote on a variety of decisions about the team such as what music to play in the stadium when the team scores a goal.The idea is to let supporters around the world participate in the club.To get the coins, fans can download the Socios.com app, buy the app’s native coins, known as Chiliz, and then use them to buy the team’s Barca Fan Tokens.
Fans will be offered 40 million Barca coins at €2 each, and most of the proceeds will go to the club, Alexandre Dreyfus, chief executive officer of Socios.com maker Chiliz, said in a phone interview.Chiliz tokens trade on several crypto exchanges, and can also be held in a cryptocurrency wallet.
FC Barcelona is the ninth top-tier team to sign up with Socios.com’s Chiliz to issue tokens, Dreyfus said. Other clubs include Paris Saint-Germaine and Juventus.Since the fan tokens debuted in December, some 110,000 users have signed up, buying an average of US$20 worth of coins, he said.
“For all of these teams, it’s just another vertical – the same way they have merchandising and e-tickets,” Dreyfus said.“We are not targeting the fans that are in the stadium that they know already. The idea is to reach the 99.9% of the people who are not in the stadium.”Read more: Free Malaysia Today »
New Zealand's next parliament is set to be the most diverse ever
WELLINGTON (Reuters) - New Zealand's next parliament is set to be the most inclusive ever, with several people of colour, members from the rainbow communities and a high number of women.
Telling fact from fiction is challenge facing readers today, PM says | The Malaysian InsightDr Mahathir Mohamad says reading remains a culture, only platform of choice has changed.
Barca's Dembele ruled out for six months after operation BARCELONA (Reuters) - Barcelona forward Ousmane Dembele has been ruled out for six months after undergoing an operation on his torn hamstring in Finland on Tuesday.
MUVbid is Malaysia’s first car bidding platform with end to end solutions (VIDEO) | Malay MailPETALING JAYA, Feb 12 — MUV has just announced MUVbid which aims to provide Malaysians with an easier way to sell their existing cars. According to MUV, they are Malaysia’s first and largest 24/7 self-listing vehicle bidding platform that comes with end-to-end solutions. This includes...
Large fire rocks Exxon Mobil refinery in LouisianaThe company's integrated facilities in the state produce a range of oil-based products. FMTNews ExxonMobil
Iniesta sorcery paves way for Japan's Vissel Kobe's 5-1 win over JDT Barcelona legend shows his class in his Asian Champions League debut. FMTNews VisselKobe JDT AndresIniesta AsianChampionsLeague The way the JDT’s defenders played is worrying the national squad!! The ball watching disease is very much in each of these defenders!! No marking of players without ball from these defenders!!
Do you know...about eSports?eSports stands for electronicsports, and as the name implies, it’sa competitive sport based onvideo games. Did you say G sports ?