Home
Football
FC Barcelona Cryptocurrency: Club football giant FC Barcelona set to launch its own CRYPTOCURRENCY & NFT’s, Check DETAILS

FC Barcelona Cryptocurrency: Club football giant FC Barcelona set to launch its own CRYPTOCURRENCY & NFT’s, Check DETAILS

FC Barcelona Cryptocurrency – Football Club FC Barcelona: In a constantly changing world of football, FC Barcelona is planning to lauch its own cryptocurrency. Barcelona President Joan Laporta confirmed that the club will soon launch its own cryptocurrency and non-fungible tokens (NFTs). According to Laporta, this will be done to explore new source of revenues […]

FC Barcelona Cryptocurrency – Football Club FC Barcelona: In a constantly changing world of football, FC Barcelona is planning to lauch its own cryptocurrency. Barcelona President Joan Laporta confirmed that the club will soon launch its own cryptocurrency and non-fungible tokens (NFTs). According to Laporta, this will be done to explore new source of revenues for the club: Follow Football News LIVE Updates with InsideSport.IN

“We want to create our own cryptocurrency. This will be under the control of the club. We understand we have to do it ourselves. We have enough talent to develop all these [things]. With Blockchain there are a lot of opportunities.

“I think soon we will present our first NFTs and the reason why we are planning this is to help our finances. We have 300 million fans around the world, and we are working very hard to register all these fans. The big data is very important.”

Elche 1-2 Barcelona Highlights: Barca complete second-half comeback against Elche to move into third place in the league table; Depay scores on his return

Manchester City 4-1 Manchester United: Man United’s fightback washed away by dominant…

FC Barcelona Cryptocurrency: Club football giant FC Barcelona set to lauch its own CRYPTOCURRENCY & NFT’s, Check DETAILS

Why will Barcelona launch its CRYPTOCURRENCY? Speaking at Mobile World Congress (MWC), a major event for the mobile industry in the Catalan capital, Laporta admitted that Barcelona needs to be technology savvy to compete with others.

The club has been an outspoken critic of the ‘unsustainability’ of European soccer. The club also became a founding member of the failed European Super League experiment last year and has endured well-publicised financial issues over the past year.

“We have to be capable of getting the same resources as our competitors,” he said. “The problem is that when the rules are not the same for all of us … it is difficult to compete and this the reason why some clubs are fighting for decisions we think is not far. We cannot compete against [state-owned clubs].”

Insidesport
FC Barcelona Cryptocurrency: BARCA explores new revenue opportunities after below-par financial performance in 2020-21


FC Barcelona Embraces Technology: Laporta argued that new technologies would allow the club to leverage its history and heritage to compete with this new money. 

Barcelona also plans to engage with global fan base that may never step foot in the club’s fabled Camp Nou Stadium.

“There is a traditional [soccer] business that everyone knows. Then there is a new world. To compete in this world we have to develop a big department for technology and innovation,” he said.

“We are developing our Metaverse and our Web3. We have rejected to be associated with a cryptocurrency,” he added, referencing the fact that Barcelona recently turned down a sponsorship offer from a crypto company.

“We want to create our own cryptocurrency. This will be under the control of the club. We understand we have to do it ourselves. We have enough talent to develop all these [things]. With Blockchain there are a lot of opportunities.

“I think soon we will present our first NFTs and the reason why we are planning this is to help our finances. We have 300 million fans around the world, and we are working very hard to register all these fans. The big data is very important.”

Barcelona earlier also had launched a fan token. The LaLiga club was forced to cancel the NFT partnership with Ownix after a consultant linked to the firm was arrested.

Follow Football News LIVE Updates with InsideSport.IN

Follow
Share

Editor's Pick

Rishabh Pant once again Cricket Rishabh Pant once again "most expensive", sold for 33 Cr to PBKS at IPL Mock Auction

Top Stories

Share article
Follow us on social media
Tell us why didn’t you like our article so that we can improve on?
Choose ranking:
ICC Test Ranking
ICC ODI Ranking
ICC T20I Ranking