FC Barcelona Plans to Create Its Own Cryptocurrency: Report

2 years ago

Spanish shot elephantine FC Barcelona wants to make its ain cryptocurrency, its president has said, according to a study by ESPN.

  • The nine has rejected offers to beryllium associated with crypto enterprises due to the fact that it wishes to make its ain cryptocurrency and its ain metaverse, Joan Laporta said astatine Mobile World Congress successful Barcelona this week.

  • "We privation to make our ain cryptocurrency and we person to bash that ourselves," Laporta said. "We are antithetic due to the fact that we past financially from what we tin make done the manufacture of sport."

  • Unlike the bulk of large shot clubs, Barcelona is owned and operated by its fans. Governance of the nine is built astir 160,000 members alternatively than shareholders. It was the world's astir invaluable shot nine successful 2021, according to Forbes.

  • "We bash not person large corporations oregon shareholders down us. That forces america to beryllium imaginative, innovative, brave and beryllium a measurement up successful galore areas that situation the sports industry," Laporta said.

  • It is unclear astatine this constituent what Barcelona's crypto would beryllium utilized for, whether it beryllium a signifier of instrumentality token akin to those offered by Socios oregon a means of outgo for tickets and merchandise.

  • The nine did not instantly respond to CoinDesk's petition for further comment.

DISCLOSURE

The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.

Jamie Crawley is simply a CoinDesk quality newsman based successful London.


Subscribe to The Node, our regular study connected apical quality and ideas successful crypto.

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source