Football and cryptocurrency used to be two completely distinct fields, but it has recently changed. Arif Efendi A businessman who is passionate about crypto and is a massive football fan, has witnessed the convergence of the two fields with keen interest.
Football clubs are embracing the use of cryptocurrency an alternative for payment as a transfer method or for building engagements.
Fans are also pleased with the non-locked tokens for fans to take part in the wide trajectory in football.
Because of its enormous potential and functionality crypto is predicted to be used across all verticals. This is due to the increasing popularity of integration of AI and blockchain technologies.
Arif Efendi keeps a close eye on the latest issues which are essential to the development of the market for digital currencies. Efendi talks about how cryptocurrency is used as a payment method within the football world.
He believes that the use of cryptocurrency should be accepted as the football industry offers many marketing opportunities for both footballers and fans.
The first time cryptocurrency was used to buy the football club. Arif Efendi regards this as a historic landmark
In 2018, the Serie C Italian football club Rimini FC became the first soccer team in history to be bought in digital currency-cryptocurrency. Heritage Sports Holdings holds 25 percent of the club's stake. The transaction was made through Quantocoin.
According to Forbes reports, the purchase of Rimini is a sign of an investment by Heritage sports holdings.
Blockchain technology that is compatible with cryptocurrency, can be utilized to combat corruption in football. It also offers unmatched efficiency. Arif Efendi That will streamline the processes and procedures for running professional sports teams.
Arif Efendi As a result, UEFA wants to increase transparency and alleviate inconsistencies within the professional football industry.
UEFA also tried using blockchain technology to assign fans stadium seats during the game between Atletico Madrid (super cup final) The purpose of this was to test the viability of the method and increase effectiveness in crypto transactions.
The first football player to receive cryptocurrency payments.
In 2021, the ex- Real Madrid super striker David Barral was the first footballer who was transferred using Bitcoin as a method of payment. The bid was included in his deal to Segunda BDUX de Madrid, with it being completely funded by cryptocurrency.
The club didn't explain the reason they chose this method of payment. Arif Efendi states that it was a historic event and will be the first of many.
International media paid attention to the shift. This is an indication of the fact that digital currencies are now an everyday reality in all industries.
FIFA will launch the NFT platform for soccer Fans, the most recent release that has cached Arif Efendi's attention
The International FIFA, the governing body of football (FIFA) did announce recently the coming launch of the NFT platform, which is ideal to offer digital collectibles. NFTs will keep preserving FIFAs most memorable moments from football's history.
Algorand has partnered the NFT platform with them in order to make it easier to collect tokens and release exclusive details.
You can represent football matches by collecting digital collectibles featuring iconic images and artwork for FIFA Women's World Cup as in addition to the FIFA World Cup.
The announcement offers collectibles to all football fans , allowing them to participate in the potential of the FIFA world cup. Fantom is continually improving and football enthusiasts can participate in the latest and upcoming games, such as stickers and sports memorabilia. This allows for more chances to be involved.
FIFA+ Collect, which offers access to soccer matches live around the globe It will only be accessible via the FIFA+ federation's online platform. https://www.kolnkutuphane.de/de/menakib-i-kethudazade-el-hac-mehmed-arif-efendi-bir-var-imis-bir-yog-imis-490874 Interactive games, tournament information and updates will all be available on the FIFA+ virtual platform, even if digital collectibles are released in English, French, or Spanish.
A further goal of this project is to ensure fans' seamless engagement through the web3 enabled Algorand.
Football clubs are sponsored by crypto companies
Numerous cryptocurrency companies have signed agreements to join forces with soccer clubs. These companies have joined forces with clubs to enhance possibilities for investing and increase the accessibility of financial markets. Arif Efendi shares the way eToro joined forces with European soccer teams to boost sponsorship deals.
The worldwide investment platform has announced 12 new sponsorships to Germany and UK teams to broaden the investment opportunities. The English Premier League clubs eToro has set out to sponsor under its partnership deals are Leicester City, Everton, Southampton, and crystal palace.
eToro announced its partnership with German Bundesliga teams FC Cologne, Union Berlin and Vfl Wolfsburg. Moreover, the partnerships are extended to Danish champions FC Midtjylland.
Arif Efendi These deals will give eToro world-wide exposure and enable it to take advantage of many marketing opportunities, including tickets, digital rights, match day LED boards and other opportunities for marketing. Individuals will have the opportunity to invest in digital collectibles like cryptocurrency or stocks through these deals.
The sponsors sponsor football clubs wearing football uniforms, including boots, jerseys and balls, in order to improve their reputation as a brand and marketability.
https://www.librakitap.com.tr/index.php?option=com_content&view=article&id=441&Itemid=105 As a way to strengthen crypto, Forex brokers are offering sponsorship deals to premier league teams. The clubs are being assisted by crypto firms to create kits that are in line with international standards.
Manchester United and Manchester City might be interested in partnering with crypto companies to sponsor. The next step is sleeves sponsorships, which are expected to replace mobile-based businesses and boost cryptocurrency usage.
The new source of income is the football fan tokens
Arif Efendi says fan tokens, a form of cryptocurrency, are designed to offer members advantages. fans tokens holders receive membership benefits. You may be able to access games , modify merch as well as attend fan-only events, and even vote. Voting rights are utilized to influence team decisions for bus designs, team mottos and kits designs.
Fan tokens are paid once, which means there's no requirement to sign up on a regular basis.
Fan tokens are an new source of revenue for football clubs and allow fans to communicate with their teams of choice.
The world of football and other sports is becoming more adapted to technological advancements and trends. https://www.ketebe.org/sanatkar/bakkal-arif-efendi-170 The use of cryptocurrencies worldwide is on the rise , and the football market isn't an particular instance. Arif Efendi believes that crypto will increase exponentially in all markets. He is predicting that we'll be seeing more of these examples in the field of football in the near future.