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The Brazilian Avaí Football Club enters the cryptocurrency with the new ICO

The Brazilian Avaí Football Club has announced that it will launch its digital currency.

The club revealed the news in a press release stating that it will launch an initial currency (ICO) to sell the token and raise funds. In order to develop cryptocurrency, the club has partnered with SportyCo and Blackbridge Sports.

SportyCo is a community focused on sport and seems like a good idea for the project. Similarly, Blackbridge Sports, as a football investment platform, is well suited to the fundraising scheme. Avaí FC, together with the two partners, aims to raise a total of $ 20 million dollars in ICO.

SportyCo co-founder Marko Filej expressed his enthusiasm for the new partnership:

" We can not wait to work with Avaí FC and see how intend to launch its new digital currency with the SportyCo platform, which has always been a leader in innovation in the world of sports finance and sportsmanship.With this initial offer of money, we are opening a new chapter in football and in the sport in general. "

Francisco José Battistotti, president of Avaí FC also fragmented on the issue. Battistotti stressed that he thinks of the club with a global attitude. He sees that the club has an international impact, but emphasizes the importance of paying attention to Brazilian fans:

" With our ICO, we are actively trying to reach a global football fan base, and we are attentive to everything that surrounds the environment of Avaí in Florianopolis and Brazil. This is why we are working together to achieve our goals, that is to make the club a permanent member of the Brazilian Serie A championship and reach the Copa Libertadores . "

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