
Spurs becomes the first Premier League team in two years to issue its own fan token on the Chiliz blockchain.
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Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20.
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The price of soccer fan tokens, designed for fan engagement, is seemingly impacted by the on-field performance of teams.
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From ominous speculation about the potential economic fallout of military conflict between Taiwan and China, to markets being flooded with designer watches in the wake of a crypto downturn, to warnings of worse bear markets and soccer franchises pushing forward in the realm of metaverse ambitions, there’s once again never a dull moment in the […]
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The fan token platform is branching into American soccer with the latest partnership to bring fan engagement events to MLS without issuing fan tokens.
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Ownix’s CEO, Guy Elhanani, revealed to Cointelegraph that first 5 NFT’s will be debuted by the club in a minting event at the end of November.
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The fan token had earlier dropped by almost 40% after hitting a record high of $61.50, amid speculations that Lionel Messi would join French club Paris Saint-Germain.
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“This is the start of an exciting partnership that we believe can eventually lead to greatly enhanced fan engagement for fans of the Cavaliers around the world,” said Socios and Chiliz CEO Alexandre Dreyfus.
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The partnership will see the country’s top soccer league, previously named “Primera Division,” dubbed the “Torneo Socios.com” for the 2021/2022 season.
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Tokenizing professional sports players and franchises seems to be a competitive game among blockchain firms.
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