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Barcelona Football Club Partners With Chiliz Bloclchain Platform to Create Own Cryptocurrency $BAR tokens

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Barcelona Football Club announced a global partnership with blockchain platform Chiliz and with Socios. Using the digital currency $CHZ, you’ll soon be able to buy Barça Fan Tokens, which give you the right to vote in club polls & earn rewards.

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The Barca Fan Token ($BAR) will be created in partnership with blockchain firm Chiliz. the Barça Fan Tokens ($BAR) will be used on Socios app allowing fans to vote in polls and surveys on Chiliz’ mobile app,

See Also; Juventus Fans Can Now Buy Juventus Fan Token On Socios App To Earn Rewards And For Voting

Barcelona Football club has one of the largest supporters worldwide. It is currently the richest soccer club by revenue. The barcelona football team has achieved a record-breaking 74 trophies in Spain.

According to Alexandre Dreyfus, Chiliz and Socios CEO and founder. 

“The club is without a doubt the most renowned and the most supported football club in the world and we can’t wait to see their fans start to influence club decisions.”

Following an announcement on Thursday, Chiliz said supporters using the app to reach out to the club will be rewarded with points that can be swapped for merchandise and club experiences. 

Other features like chat, token trading, games and more will come in effect for the token holders.

Token Sale Details;

There will be forty million $BAR tokens for sale in Q2 2020 at a cost of €2 (US$2.18). You must have Chiliz’s token $CHZ to be able to own $BARs. $CHZ is available on cryptocurrency exchanges worldwide.

“This agreement will give us the chance to set up innovative marketing and partnership activations with a clear focus on the digital realm to take the Club closer to our fans around the world,” said Josep Pont, FC Barcelona board member and head of commercial area, in the announcement.

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