FC Barcelona Wants to Create Its Own Cryptocurrency
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FC Barcelona Wants to Create Its Own Cryptocurrency

THELOGICALINDIAN - The clubs admiral additionally declared affairs for a Bara Metaverse and an NFT collection

Professional soccer club FC Barcelona has appear affairs to advance its own cryptocurrency to advice the aggregation “survive financially.” The advertisement comes a anniversary afterwards the Spanish club alone advocacy deals from Polkadot and Binance. 

FC Barcelona Reveals Crypto Plans

FC Barcelona could be the aboriginal soccer aggregation to barrage its own standalone cryptocurrency.

Speaking at the Mobile World Congress 2022 appointment in the Catalan burghal Monday, FC Barcelona admiral Joan Laporta announced that the club would actualize its own cryptocurrency. Laporta cited the charge for FC Barcelona to attempt with clubs endemic by big corporations and adopted investors as a above acumen abaft the decision. 

“We appetite to actualize our own cryptocurrency, and we accept to do that ourselves. We are altered because we survive financially from what we can accomplish through the industry of sport,” Laporta stated, answer that the club doesn’t accept big shareholders or backers and accordingly needs to be avant-garde in how it connects with its fans. 

In accession to an FC Barcelona cryptocurrency, Laporta additionally hinted that the club affairs to actualize its own “Barça Metaverse” and NFT collections. “We’re developing our own Metaverse, [which is why] we alone the adventitious to be associated with any cryptocurrency enterprises,” he said. 

Just a anniversary prior, FC Barcelona turned down advocacy bids from crypto companies Polkadot and Binance in favor of the music alive belvedere Spotify. It’s now bright that the club’s centralized crypto affairs acceptable factored into these rejections. 

FC Barcelona’s afresh appear blockchain affairs are not the club’s aboriginal attack into the crypto space. Since 2020, the club has been arising BAR; a fan badge launched through socios.com. BAR tokens acquiesce holders to advice the aggregation accomplish decisions, admission VIP experiences, acquire official products, and more. Several added arresting European clubs accept additionally launched agnate tokens, including Italy’s AC Milan and Poland’s Legia Warsaw

However, with the advertisement of a standalone cryptocurrency, Metaverse, and NFTs, FC Barcelona looks set to go above its aeon in leveraging blockchain technology. 

Disclosure: At the time of writing, the columnist did not own any of the cryptocurrencies mentioned in this piece.