FC Barcelona Launches Its Token

According to the latest news, FC Barcelona, ​​one of the strongest football clubs of Spain, where Lionel Messi is a member of the current team, is preparing to launch a token that will allow it to vote for its "more than 300 million" global fans.

Barca Fan Token (BAR)

According to a report shared by The Block today, FC Barcelona has partnered with the sports-focused blockchain company Chiliz to launch the Barca Fan Token (BAR). The statements also share information that the token is planned to be released in the second quarter of this year.

In the statements he made on the subject, Chiliz’s founder and CEO Alexandre Dreyfus stated that the agreement took as long as 17 months because the decision of the FC Barcelona board of directors was expected. Josep Pont, FC Barcelona's board member and commercial chairman, uses the following statements in his statements regarding the issue:

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Thanks to this agreement, our club will have the chance to establish innovative marketing and partnership activities by focusing on the digital world to be closer to our fans around the world. ”

On the other hand, according to the statements, the BAR token will initially be 2 Euros (approximately $ 2.15) and will have a total supply of 40 million. Fans will be able to purchase the token through the Socios and Chiliz apps.

Token'ing Sports Clubs

Last month, Chiliz and Socios announced that Cristiano Ronaldo had partnered with football club Juventus to launch the JUV token.

Besides, if we look at their future plans, Malta-based Chiliz aims to token more clubs in sports, including cricket. The company also plans to enter non-sports industries such as music and entertainment.

"We are very close to establishing partnerships with major telecom companies and entertainment groups," Dreyfus said in a statement on the subject. he used expressions.

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