Sao Paulo becomes the first Brazilian soccer club to implement cryptocurrency payments.More and more soccer teams and soccer players are starting t
Sao Paulo becomes the first Brazilian soccer club to implement cryptocurrency payments.
More and more soccer teams and soccer players are starting to adopt cryptocurrencies and blockchain. The most common is that football teams focus on launching their own fan tokens, as is the case with Paris Saint Germain, FC Barcelona or Atlético de Madrid, other clubs have opted for different solutions.
For example, him Colón Fútbol Club of Uruguay created its own token, the Colón Coin, with a 1:1 equivalence with the dollar and linked to a percentage of the club’s shares. Others, like the Mexican team Chivas, have implemented blockchain technology to conduct NFT auctions and other club activities.
In this sense, NFTs are one of the favorite use cases of football teams. For example, the Argentina team has launched a collection of non-fungible tokens with some of the best moments in its history. Even some players, such as Zlatan Ibrahimović, have decided to launch their own collection of NFTs.
Cryptocurrencies and blockchain technology have been a fundamental part of the world of football for some time. So much so that Algorand (ALGO) became FIFA’s official blockchain technology provider a few months ago.
Sao Paulo fans will be able to pay tickets with SHIB
From now on, Sao Paulo FC fans, who have previously registered as Fan Members, will be able to buy tickets for matches played at Morumbi Stadium using Shiba Inu.
Payments are made thanks to the association of the sports club with Bitso, the Mexican exchange.
Users who buy their tickets with Shiba Inu will receive confirmation of payment by direct message to the Fan Page SHIB account. In order to access this page, users must have been previously accepted into the Fan Member program.
Sao Paulo FC has won the Brazilian league six times and some of the best players in Brazilian football have played in its ranks, such as Cafú, Kaká, Dani Alves, Luis Fabiano and Casimiro. Now the team has become the first to accept cryptocurrencies as payment for tickets in the country.