Cryptocurrencies are covering more and more unexpected lands; not only the digital market and finances are their central axis of Football action, but we can also realize that the area of entertainment and sports are also bitcoin as a virtual asset in this new economic trend.
For a few months now, soccer teams have begun to design, create and market their tokens, a proposal attracting many fans of this sport.
It is known that soccer fans are incredibly passionate, a feature that is extremely attractive for cryptocurrency investments but, of course, from a subscription perspective and not a financial investment.
Such is the case of high-level sports teams, which have many football stars on their payrolls, such as FC Barcelona, Manchester, Paris Saint-Germain, Juventus, and Inter Milan, to name a few, have opted for the use of this novel tool.
What are Fan Tokens?
Fan tokens could be described as a financially based instrument that allows all those fans in soccer to connect and interact with their teams.
Fan tokens are the perfect opportunity for your users to feel closer to their clubs, regardless of the geographical location they may have.
These tokens are considered digital assets created through the Blockchain platform, which are acquired by fans to gain access to their sports teams.
This benefit that fans acquire is the new way to participate and get involved in their teams’ decisions through platforms or Apps, which open the possibility of being part of the team for just a tiny portion of the money.
This subscription, so to speak, is done only once; once inside the App, it is up to the owner’s discretion to invest in the acquisition of more fan tokens.
These financial instruments are not spent, much less expire, but the more units that can be purchased, the greater the weight of the owner’s participation in his sports team and, therefore, the prizes and rewards.
The rewards that the teams give to their fans can be official products that have the signature of their star players, tickets to matches in VIP areas, personalized uniforms, or participating as host in one of the official matches.
It demonstrates how the Blockchain is positioning itself in a variety of aspects of the daily life of human beings, including their sports tastes.
Qatar could not be left out of the crypto environment
For the months of November and December of 2022, the World Cup of Soccer will be played in Qatar, where around 32 teams from all over the world gather to, through the various matches, choose the team that will be the Soccer Champion World Cup.
This sporting event takes place every four years, during which the different teams compete with each other, with the ultimate goal of participating in such a prestigious sports cup.
Cryptocurrencies could not be left out of this event, and their sponsors have made it known that through financial interests, they offer all participants from athletes and fans the modality of obtaining the Qatar 2022 fan Token.
With the creation of these crypto-assets, fans have been allowed to enjoy a different experience, where it has been possible to involve the sports part with the financial aspect.
Although the popularity of these tokens has not caused the desired impact yet, some financial analysts are usually optimistic and suggest that the potential of these digital resources remains to be seen.
There is a phrase created from the various emotions that the world of cryptocurrencies and Bitcoin has caused, known by its acronym FOMO, whose meaning would be “fear of being left out.”
It could happen if there is an explosion in the use and exchange of this type of token with the Qatar 2022 World Cup arrival.
It is not something illogical or incredible to think that over the course of the championship, many of these tokens increase their value according to the performance of the selections or the decision-making on the field of play.
It is important to note that these types of tokens, being cryptocurrencies, also have a limited number of available units, as is the case with Bitcoin.
That is why the commercialization of this type of crypto active is subject to the law of supply and demand, and it is this that will be in charge of giving the corresponding value to each token.
Conclusion
We are currently under the domain of the technological era; more and more areas are involved and taking part in this new financial proposal that entails the use and commercialization of cryptocurrencies or crypto activities.
One of the industries that generate the most income worldwide, such as soccer, would not escape being in the crypto environment, and the way to position itself in this digital market was through fan tokens.
