Atlético de Madrid is going to be a cryptomunt on the market. That is, the third club of Spain, in co-operation with the Socios.com a platform on which the clubs will facilitate a fantoken to the other with ease. That makes the Socios announced in a press release.
The second is a football club from Madrid, had an excellent first season.
Half-finished runner-up in the Spaande league (La Liga), and won at the end of the season, the Uefa Super Cup and in the world. The european having regard to ended the adventure in the group stage.
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Atlético Madrid, and cryptomunt
With the release of the token that passes through the platform and Socios that are in the hands of a company called Chiliz, located on the island of Malta.
The bottom line is that the fantoken, it acts as a kind of stablecoin. In the case of Atletico needs of each token, two is going to cost you.
We are a fan of the right to vote, they will be able to, for example, via the Socios platform, and vote on matters in which the club provides. However, it is unclear as to what matters to the fan is allowed to vote for your favourite. It’s also going to be the structural decisions such as: do we need this striker to wear?
The other part of the token is greater, to the holders of the token and receive a discount on such merchandise or the games.
The question that then arises is this: given a tokenhouder is also a priority for some tickets for the Champions League? Can that be legal, let alone whether it is ethical, useful to the particular fans to wear.
These questions are, as yet, the announcement is not answered.
Tokenstructuur
But what about the tokenstructuur now? In addition to the fantokens has Chiliz a ERC20-token-CHZ are on the market (listed on the Binance grant, eds.).
The stock is at an unprecedented level, with 8.8 billion of CHZ tokens. In a private investment round clears, the company’s $65 million in capital. Investors are Binance, OK, Blockchain, Capital, and FBG Capital.
Football clubs and fans alike have, for example, in the CHZ for token purchase in order to action to initiate or to vote at, the Socios platform.
The utility of the token is very poor, and highly dependent on the number of players on the platform.
The idea is this: each and every club, which is located on the network connected to is a node in the Socios ‘ network. Therefore, it is not an open network, such as bitcoin, according to a closed network of football clubs.
In addition to Atletico are also in The competition, Paris Saint-Germain and West Ham United are connected. This is the network of four nodes.
In comparison, the bitcoin network is about tens of thousands of nodes, which are operations on the network and validate it.
The experiments
A number of teams have been experimenting with their own token. The news site Cointelegraph has recently been published in the on-going initiatives.
For now, running the experiments, and it is not at all clear as to what a token is added to the system, a soccer ball or a football club. A couple of interesting facts:
Basketball Sacramento Kings to accept all, in 2014, bitcoin (BTC) as a payment method
Voetblaclub away goal to take back to accept crypto as a form of payment for tickets and merchandise through the Utrust platform
Arsenal have a sponsorship deal signed with CashBet
Wolverhampton Wanderers have a sponsorship deal signed with Coindeal exchange
eToro to close a sponsorship deal with seven Premier League clubs
Basketclub the Cleveland Cavaliers, has a partnership announced with UnitedCoin
American Footballclub the Miami Dolphins partnert with the Litecoin Foundation
The new Bitcoin News: The sales of bitcoin miners, the measures by The Dutch central Bank, as well as Chinese coffee shops.
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