Hat-trick hero: Empty stadiums get blockchain and soccer to play together

Hat-trick hero: Empty stadiums get blockchain and soccer to play together

Soccer clubs are now resorting to blockchain and crypto for fan engagement, tokenization and even new signings, with the potential for many more use cases. In a first for professional soccer, Spanish team DUX Internacional de Madrid has used crypto to buy a new player. Ex-Real Madrid player David Barral is a new acquisition for the club facilitated by the cryptocurrency trading company Criptan.Although technically this is not the first recorded Bitcoin (BTC) transfer, amateur Turkish club Harunustaspor bought 22-year-old player Omer Faruk Kiroglu back in 2018 for 0.0524 Bitcoin and 2,500....


Related News

Deloitte: Bitcoin Could Revolutionize Stadium Experience

The basic design of sports stadiums has not changed for centuries – a game in the center with stands surrounding it. Deloitte believes that with changes in customer preferences, the sports industry is moving towards a new model in which technology, including Bitcoin, will play an important role. Changing Customer Experience. Traditionally, the best seats at the stadium were the ones that offered a ringside view of the sports action. However, stadiums are changing to engage visitors by using technology and encouraging them to shape their own experience. Strong technology foundation can....

Why Do Some Bitcoin Mining Pools Mine Empty Blocks?

Blocks on the Bitcoin blockchain have a maximum size of 1 MB. Proof of work difficulty is calibrated so 1 block is created every 10 minutes. It is generally accepted a miner would want to maximise the number of transactions it includes in a block as it collects the transaction fees. Logically, with the growing popularity of Bitcoin, the average block size is getting closer to its limit. In this environment, it is surprising to see a number of empty blocks being mined. An empty block is not entirely empty, it has 1 transaction : the coinbase transaction which allocates the mining reward to....

Ukrainian football club Dynamo Kyiv to launch blockchain-based fan tokens

Dynamo Kyiv wants to tap into an additional revenue source as stadiums remain empty. Ukrainian football team Dynamo Kyiv is launching its own fan token and digital marketplace powered by blockchain technology.According to a Monday announcement, the team has partnered with Moonwalk, a company specializing in creating digital economies for brands, to release a set of loyalty initiatives for its fans.Dynamo Kyiv fans will be able to earn digital tokens for “social actions” such as playing prediction games or engaging with the club on social media. The tokens will then be spendable as reward....

What is Sorare and how to play it?

Sorare is a football fantasy game in which participants use digital player cards to buy, sell, trade, and manage a virtual team. Sorare is where fantasy soccer and cryptocurrency meet. For soccer fans, this is a way to be competitive off the field and invest heavily right away. Users can play the game online in their browser or download the Sorare app. In this article, you will read all about what exactly Sorare is and how it works.What is Sorare?Sorare is a blockchain-based fantasy soccer game adored by many soccer fans worldwide. The founders of the platform want to give fans the....

Decline in Empty Blocks Has Increased Bitcoin’s Transaction Capacity

Empty blocks have turned into a controversial topic in the Bitcoin community over the past few months. This renewed attention on the topic has been sparked by the number of nearly-empty blocks mined by Antpool recently. An empty block is one that only contains a coinbase transaction. This may seem counterproductive, but there are incentives in place that make mining empty blocks a practical endeavor from the perspective of a miner. Why Do Miners Mine Empty Blocks? According to Bitcoin Core contributor Matt Corallo, there are three main reasons as to why empty blocks have been mined in the....