Football Club Barcelona which is one of the most widely followed clubs just had its first ICO raising over $1.3 Million in just two hours. With 600,000 tokens sold, we can say that the ICO was a huge success not only for Chillz (The leading Sports & Entertainment blockchain provider) and Socios (Fan Voting and Rewards App) but also for the Football Club. Ranking third in the world most followed clubs after Real Madrid at number 2 and Manchester United at number 1, we can say that this will give it a further boost in popularity rankings since Crypto is trending right now.
The 600,000 tokens were made available for a fixed price of 2 Euro per token and this sale ran on Socios.com and Chillz.net selling at a first come first serve basis. The demand far exceeded what was expected initially and the tokens were sold in 106 countries. This definitely speaks volumes for the reach of Barcelona and its fans. The Barca fan tokens symbol $BAR was be available for sale again from 1pm CEST on Wednesday the 24th of June. Analysts will be looking for a similar sort of response with the way the first flash sale went and we can expect to see it taking the world by storm again.
Being digital tokens, they are used for a wide variety of purposes mostly to do with voting and winning rewards. The fans of Barcelona were urged to vote for a fan designed mural that will be installed in the locker room at the Camp Nou. With the history of the club as great as it is, this will be a very important feature especially for the die-hard fans of the club. A leaderboard is also expected to be launched which will determine who the top fans are depending on interactions and holding of tokens. Games are also expected to be launched very soon on the platform. Other Fan token similar to that of Barca are PSG, Juventus Athletico Madrid and even the UFC.
There is no doubt that Football is the most popular sport in the world and there is huge potential in sports blockchain especially with fan engagement as much as it is right now. People want to be closer to their clubs and show their support in many ways. What do you think on this topic? Which Football clubs token would you buy? Who will win the Champions league after it gets restarted? Share with us any feedback or opinions you might have and we will feature your thoughts.
Mes Que Un Club