Barcelona Financial News

blockchain, whose introduction has changed the basic paradigms of the traditional sports industry. Blockchain technology can effectively assist sports teams in monetising their fan base and strengthening fan engagement effortlessly. Blockchain isn't a future technology. It is a 21st century technology that is needed and should be used to its full potential under the current circumstances. Prominent sports clubs (Manchester City, Barcelona, PSG) and leagues worldwide are already using blockchain technology in their digital strategies. Blockchain use-cases in sports allow teams to unlock new profitable income streams and develop new ways to engage with their fans. From fan tokens to fan event monitoring and loyalty networks, the overall sports ecosystem was never this transparent, seamless and easy going for either players or fans.

The FC Barcelona soccer club has partnered with Ownix to debut the launch of its nonfungible token, or NFT, collection focused on enhancing the connection to its global audience.