The Times, English Premier League announced that it will take a closer look at the cryptocurrency deal signed by its clubs. Because the people at the top of the country’s football pyramid do not support this situation. News, Manchester CityIt came after it was revealed that none of the executives cited in the press release had any online presence. At this point, the cryptocurrency deal was also suspended.
according to the Times EPLplans to establish a link to publish digital collectibles. Cash-strapped clubs, cryptocurrencies and NFTsees them as a valid resource. But he is concerned about the negative effects on fans.
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Aston Villa Supporters Trust versus monetization
The main concern here is that it monetizes key club decisions, which could be facilitated using online surveys, and could reduce fan engagement for economic reasons. Aston Villa Supporters Trustopposes fans making money. This shows that he is targeting new fans to earn money.
Recently a Liverpool FC site criticized the fan token fashion as a fan bonus tool for new cryptocurrency investors. The Athletic He stressed that tokens do not allow fans to have a say in matters where they prove they are more interested, such as transfers and tactics.
The use of fan tokens has seen a significant development during the pandemic period. Many fans seem willing to pay for additional content right now. If the British government decides to ban gambling ads, it is thought that clubs’ partnerships with crypto firms may increase in the future.
barcelona not long ago Chiliz and socios by partnering with 1.3 million He sold his fan tokens, which were sold for $. As group 2021Proceeds from the sale of fan tokens on 200 million exceeded the dollar.
You Premier League What do you think about the crypto investigation opened against their team? Don’t forget to mention your ideas in the comments section!