Innovi LTD is a blockchain initiative specialized in sports whose project offers the property of the "IVI" token, a cryptocurrency that allows investment advantages in sports clubs and decentralized payment .

So players will receive cryptocurrencies as part of their salary, just as football enthusiasts can invest in their preferred team, attend closed training, meet with players, apply for discounts on events and purchase autographed items.

The use of IVI varies according to the contract of each group, as well as the structure of the institution. However, it is known by words of Petraglia that Atlético Paranaense will be committed in the next 12 months to promote the digital asset before starting to use it .

In this period the club will advertise the coin with team uniforms, as well as encourage athletes and managers to acquire and use these financial tools. Also, after 1 year the club commits itself to use the cryptocurrency to carry out its financial business, pay the salary of its contractors and carry out the economic rights of the club.

The club will receive money for this association and to carry out the promotion of the asset. However, the club president stressed that this money will only be used for the promotion campaign.

INNOVATE BRAZILIAN FOOTBALL

Mario Celso Petraglia considers that this project is an "innovation in the Brazilian sports market", which will allow to put Atlético Paranaense in the eye of the technological vanguard with respect to sports clubs. Petraglia stressed that it is an honor to belong to the first sports clubs to use cryptocurrencies, since they have been chosen "among the biggest clubs" in the world to carry out this innovation.

In this sense, Celso Petraglia confirmed that he also uses cryptocurrencies as a form of personal savings and investment , a statement that he stressed that cryptocurrencies are "complex" and not all people know how functional, so he asks a lot of seriousness and patience to the fans on this subject.

Among the questions from the press, he highlighted the possibility of financial risks with this investment, as well as the long-term profitability of the cryptocurrency. Petraglia answered that "business always takes risks", but when buying and investing with cryptocurrencies it is based on the "behavior of a Stock Exchange", so the initiative depends a lot on each investor.

Also, it is also planned that if you want to reverse a purchase of cryptocurrencies can be made through intermediaries , because using brokerages can convert a token into fiat money. An action that would diminish the concerns of many investors.

In terms of profitability, Petraglia believes that cryptocurrencies "make the institution bigger", being able to transform the team and making it grow by incorporating fans into its institutions. On the other hand, Loic Lacam, CEO of Innovi, affirms that IVI has increased more and more in value, going from 0.10 euros to 1 euro in the period that has been working.

In this sense, Marcelo Amoretty, lawyer of the initiative, affirms that this value will continue on the rise because more and more groups have decided to support the initiative and be part of the Innovic project, as is the case of the other Brazilian team that has also closed contract with the company, Corinthians , although there are still no further details of this alliance .

BRAZIL LOVES CRYPTOCURRENCIES

One of the countries whose sports clubs has bet more on cryptocurrencies has been Brazil. In addition to the Club Atlético Paranaense and Corinthians, there have been two other clubs that pioneered the use of cryptocurrencies as an investment method and salary payments.

The Cruzeiro of Brazil , one of the oldest clubs in the country, recently announced that it has been developing its own cryptocurrency , which will allow more interactive training, decentralized institution and blockchain payments; an action that revolutionized local football at a technological and financial level.

The Bragantino team has also been involved in the cryptographic market , since it was the first club in Brazil to accept Bitcoin as a method of paying the salaries of its athletes, a significant step in the legitimization of this currency.

In addition to these Brazilian teams, it is worth noting that Arsenal was the first football institution in the world to get involved in an Initial Currency Offer with the CashBet company, as well as a footballer like James Rodríguez who has also been interested in the benefits that offer the cryptographic assets. Without a doubt, in addition to the World Cup, soccer has many cryptocurrencies to continue celebrating