Crypto has become a strong part of the football world, with transfers being decided by voting with NFTs or transfer payments in cryptocurrencies.
For some time now, the world of football has begun to implement cryptocurrencies in its activities. Whether using crypto to pay tickets, creating Spectacular NFTs on the history of the club, developing social projects with fans or implementing a system of fan tokens with whom to participate in the team's daily decisions.
Cryptocurrencies and NFTs have been linked to the world of sport, and have offered fans a A new way to get involved with your favorite teams and playersBut that's not all. Crypto tokens have been used to pay for a player's transfer fee and for fans to decide who will be the team's star next season.
Giuliano Galoppo first Argentine player signed with cryptocurrencies
Brazilian football club Sao Paulo FC has announced the signing of Argentine midfielder Giuliano Galoppo, who has been paid with cryptocurrenciesTo pay the $8 million transfer fee, the Brazilian club has partnered with the Bitso exchange, which has been in charge of the conversion.
In this way, Galoppo has become the first Argentine soccer player whose transfer has been paid entirely in cryptocurrencies.
“This is a historic moment for Bitso, Sao Paulo FC and South American football. Our main mission is to contribute to modernization, digitalization and inclusion, and this is another important step in that direction. We are very proud to work with the two clubs to make this historic signing for SPFC possible, with all the security, transparency and flexibility that cryptocurrencies offer,” said Theles Freitas, CEO of Bitso in Brazil.
In Spain, the first signing of a player paid for with cryptocurrencies was that of David Barral, transferred in the 2021 winter market to DUX Inter, a team in the second division B of the SmartBank League.
In this case, the payment was made through the Criptan exchange, which is also a sponsor of the football team that is backed by DUX Gaming, a Spanish eSports club.
Football fans decide on a signing thanks to fan tokens
On the other hand, the British football club Crawley Town FC have left it up to the club's fans to decide what type of player is needed to strengthen the squad for next season. Voting was done using the club's NFTs.
The vote, which took place on June 15, was the first decision that the English club left in the hands of the holders of the NFT issued by the teamFollowing the vote, the team has made official the signing of midfielder Jayden Davis.
Crawley Town FC is owned by the American cryptocurrency company WAGMI United, who acquired the team after paying 20 million dollars in April.
After purchasing the equipment, WAGMI United has partnered with Adidas to launch a series of unique jerseys, tied to an NFTThese NFTs function as a fan token and offer the ability to vote on aspects such as player signings, as well as the possibility of attending team VIP events in person or in the metaverse, as well as the opportunity to receive team merchandise.
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