Home / Blockchain / The Blockchain Company buys the Spanish Soccer Club, cementing the Crypto-Sports connection

The Blockchain Company buys the Spanish Soccer Club, cementing the Crypto-Sports connection

The Blockchain Company buys the Spanish Soccer Club, cementing the Crypto-Sports connection

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Dutch crypt company Libereum announced the acquisition of the Spanish soccer team Elche CF, which is based in the province of Alicante. The move provides another signal that the interest of the encrypted world for sponsorship and sports partnerships is growing.

Read also: Etoro will give a BSV dollar equivalent to Bitcoin pre-fork cash holders

Liberaum and Elche Share Joint Vision

Liberum, a company that "mainly aims to make cryptocurrency widely accessible to the average person", paid an initial payment of 4.3 million euros (4.9 million dollars) to the Spanish club. The acquisition marks a trend in the cryptic world to bring cryptocurrency into sport with the hope that P2P money can be adopted as a means of payment in stadiums, club shops, websites and elsewhere.

The acquisition of the club, which plays in the Segunda División A (the second football division of Spain for the professional association) is part of the plans of Liberaum to bring the club back to the main division and make its own cryptocurrency, the liber , an integral part of the club's financial system. <img class = "size-full wp-image-267476 alignright” title=”The Blockchain Company buys the Spanish Soccer Club, cementing the Crypto-Sports connection” src=”https://news.bitcoin.com/wp-content/uploads/2018/12/Screen-Shot-2018-12-28-at-6.34.02-PM.png” alt=”Blockchain Company buys Spanish Soccer Club, Cementing Crypto-Sports Connection "width =" 287 "height =" 174″/>

"The purchase of Elche CF, a beautiful football team that shares our vision of a future of cryptocurrency and is willing to communicate it actively to its supporters, is fantastic news," said Cem Kumlar, the founder of Libereum. "The team has worked very hard to achieve this goal and I would like to express my thanks to all those who contributed to this impressive and intense process."

The main objective of Liberaum is to invest in football clubs, with the aim of generating demand for their own currency. The company has ambitious objectives to revise everything from the transfer and sale of tickets to merchandising and catering in the stadiums, aided by the cryptocurrency.

Growing the relationship between Crypto and Soccer

Liberaum is not the only company that focuses on football in hopes of reactivating the game with the help of the crypt. In August, the Etoro investment platform initiated partnerships with seven English Premier League football clubs: Brighton & Hove Albion, Cardiff City, Crystal Palace, Leicester City, Newcastle United, Southampton and Tottenham Hotspur, paying the bitcoin agreements core (BTC).

The fundamental move has made the social trading platform and multi-asset brokerage the first company to pay for a Premier League partnership in bitcoins. Since then, the company has affirmed that its goal is to make sport fully embrace blockchain technology. Etoro's managing director of the United States, Guy Hirsch, said he "wanted to integrate cryptocurrencies into mainstream football in the near future". <Img class = "size-medium wp-image-177367 alignright” title=”The Blockchain Company buys the Spanish Soccer Club, cementing the Crypto-Sports connection” src=”https://news.bitcoin.com/wp-content/uploads/2018/06/kin-300×300.jpg” alt=”The Blockchain Company buys the Spanish Soccer Club, Cementing Crypto-Sports Connection "width =" 300 "height =" 300 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018/06/kin- 300×300. jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/06/kin-150×150.jpg 150w, https://news.bitcoin.com/wp-content/uploads/2018/06/ kin-768×768.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018/06/kin-1024×1024.jpg 1024w, https://news.bitcoin.com/wp-content/uploads/ 2018/06 / kin-696×696.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/06/kin-1392×1392.jpg 1392w, https://news.bitcoin.com/wp- content / upload / 2018/06 / kin-1068×1068.jpg 1068w, https://news.bitcoin.com/wp-content/uploads/2018/06/kin-420×420.jpg 420w, https: //news.bitcoin. it / wp-content / uploads / 2018/06 / kin.jpg 1600w "sizes =" (maximum width: 300px) 100vw, 300px”/>

He added: "Educating the masses on cryptographic resources will eventually increase public participation in the market, improving the rate of adoption and providing incentives for merchants and sellers to start accepting cryptocurrencies as payment."

At the start of this year, Gibraltar United has decided to introduce cryptographic wage payments for its players, while the English Premier League club Wolverhampton Wanderers has started its season by announcing the sponsorship of the exchange of cryptocurrencies. Coin.

With the most popular sport in the world presented to cryptocurrencies, and NBA basketball teams that follow the example, it may not be long before the crypt is pushed into the big league.

What do you think of the acquisition of Liberium and of the efforts to bring cryptography into the world of sport? Let us know in the comments section below.


Images courtesy of Shutterstock and Liberium.


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