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The post FanChain Becomes Official Cryptocurrency of FanWide, the World’s Largest Fan Club Network appeared first on CCN
Yorkshire-based championship football team Hull City may be about to change hands as international bidders make their interest known in what is being referred to as a takeover in the UK media. Last weekend Paul Duffen, former chairman of Hull City AFC, announced his intention to buy the club with the backing of Saudi Arabian
The post Crypto Firm Prepares £45 Million Bid on Hull City Football Club appeared first on CCN
Just days after French soccer giant Paris Saint-Germain football club (PSG) announced its own cryptocurrency, complete with an initial coin offering (ICO), Brazil’s Avaí Football Club has come up with a similar plan. Announced Wednesday, Avaí FC has partnered with blockchain-based sports investment ecosystem SportyCo and football investment platform Blackbridge Sports to raise funds worldwide through the ICO,
The post Brazilian Football Club Avaí to Launch Cryptocurrency, $ 20 Million ICO appeared first on CCN
Heritage Sports Holdings recently used cryptocurrency to buy a 25 percent stake in Serie C football club Rimini FC 1912.
In a historic transaction, senior figures at Rimini FC 1912 (Rimini) have agreed to sell 25 percent of the team’s shares to Heritage Sports Holdings (HSH) in exchange for Quantocoin.
Rimini is a club that has not made global headlines in a long time. Even though it matched Italian giants Juventus in a 1-1 draw in 2006, the club has suffered a variety of problems — including bankruptcy — over the past few years.
The Italian football club Rimini, which plays in the Italian Serie C division, has sold a portion of the team’s shares in exchange for cryptocurrency.
The first-of-its-kind acquisition was made by Heritage Sports Holdings (HSH), a sports investment company based in the United Arab Emirates. Contrary to initial reporting by various outlets, the club’s shares were not purchased with bitcoin. Instead, representatives used Quantocoin (QTC), a Gibraltar-based cryptocurrency, to buy out roughly 25 percent of the team’s shares. One of the project’s partners, Pablo V. Dana, is a partner and shareholder at HSH, as well.
It feels like through August, with the start of the football season and of course, the end of the FIFA World Cup, football related news has slipped into the cryptocurrency headlines at a stunning rate. We are seeing an awful lot of examples were cryptocurrency is being used within football, generally for advertisement and sponsorship. According to Forbes though, the crypto sphere has gone one step further into the beautiful game’s territory, after the purchase of Italian Serie C football club, Rimini FC 1912.
Continue reading History Made As Crypto Used To Purchase Football Club at Crypto Daily™.
Feeling lucky? We certainly were when Bitcoinist had the opportunity to sit down with the team behind the hot new blockchain-based international lottery, BitPlay.Club.
The crypto community is abuzz about BitPlay.Club, the new blockchain-based lottery players are flocking to in droves, thanks to an easy to use interface, better odds than many traditional lotteries, and an unprecedented level of transparency and accountability. Bitcoinist sat down with the platform’s team to learn more about what makes BitPlay.Club tick.
Bitcoinist: What made you decide to launch a blockchain-based Bitcoin lottery?
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