Boston Celtics joins Socios

Hi,

yesterday, I've written a post about NFTs and how it might change the world. I've forgotten to mention the tokenization of sports. Fans are some of the people that want to spend for their club, want to be actively involved and want to own a part of their beloved club.

As a reminder, today I've heard that one of the clubs with a big history in NBA, Boston Celtics joins the fan token platform Socios, which runs on the Chiliz blockchain. It is the second NBA club that does it, after Philadelphia 76ers.

All good, but what does this mean? It depends on the token model, where the fans will have either voting rights, like the ones who own shares that are listed on the stock exchanges, or will have some perks. Each club can issue its own benefits and fans.

Also, it shows that clubs start to understand crypto and understand the billions that it can generate. It can cut a lot of the middle man and the club can be closer to the fans, generating another source of revenue.

For crypto it is a very good opportunity to grow. There are billions of fans, most who have not heard or touched crypto in their life. Now, with this tokenized change, they will join, even if only for the club, but they will count as crypto users.

How do you see this connections of bringing sports and fans to the crypto world?

Posted Using LeoFinance ^Beta