Socios.com invests $ a hundred million in FC Barcelona

FC Barcelona has just announced a strategic partnership with Socios.com, today’s primary blockchain platform for fan engagement.

The partnership consists of a $ a hundred million investment by Chiliz (the developer of Socios.com) in Barca Studios to obtain 24.five% of the club’s NFT and metaverse improvement tasks.

At the exact same time, this cooperation agreement will aid produce the potential to make digital goods, aiming for a a lot more steady lengthy-phrase income stream.

Barca Studios will be in a position to leverage Socios.com’s blockchain engineering improvement encounter to connect with supporters, leveraging its scalability to the worldwide fan base. The BAR token will also be the crucial to the improvement of an ecosystem based mostly on Chilliz’s engineering and the cooperation amongst Socios.com and Barca Studios.

Socios.com has invested in the La Liga football league given that 2019 and at the moment collaborates with six teams in this tournament. Additionally, Socios.com is also a platform that connects supporters with 160 sports activities teams about the globe, spanning a range of sports activities this kind of as basketball, rugby and UFC and Formula one racing.

Alexandre Dreyfus, CEO of Socios.com stated:

“Barca Studios can leverage our engineering and encounter to increase our articles technique in the Web3 room to supply a regular stream of lengthy-phrase income. We are delighted with the function that engineering can perform in neighborhood constructing. “

Last week, Barca also announced its very first official NFT sale for a complete of $ 693,000.

Synthetic currency 68

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