Eager to see how blockchain fits into the future of sports entertainment? Let Chiliz News give you the scoop on Socios.com’s planned $100M investment in FC Barcelona’s digital content ecosystem.
Find out how Socios and Barça Studios will use Chiliz Chain 2.0 to kick start a new era of digital engagement for sports fans.
Charting the latest high-profile partnerships in technology and sports, this outlet reviews Socios.com’s announced acquisition of a 24.5% stake in FC Barcelona’s evolving digital content creation and distribution platform. The report examines topics such as token sales, NFTs, and the Q4 2022 launch of Layer-1 blockchain technology designed specifically for the sports sector.
Go to https://chiliznews.com/chiliz-takes-stake-in-barca-studios-to-boost-fc-barcelonas-nft-metaverse-blockchain-projects-cc2-mainnet-launch-q4-2022 for more information.
The report outlines details regarding technology applications as applied to marketing and engagement strategies for the Club.
Given blockchain’s most popular implementation as a digital currency, the technology has acquired a sizable following within the sports community for its ease of use and various security features. Among both die-hard fans and bettors, general familiarity with cryptocurrencies reaches as high as 66% and 72%, respectively.
With the emergence of other blockchain-based assets like NFTs, FC Barcelona and other professional sports entities have become even more inclined to explore opportunities within the space.
Recognizing the growing popularity of similar business pairings between sports organizations and tech providers, Chiliz News examines the Socios.com and Barça Studios partnership in the context of evolving Web3 business strategies.
Citing primary benefits, the Club’s digital creation and distribution arm sees the blockchain as a way to further engage and reward fans with meaningful connections and products.
"Barça Studios will be able to draw on Socios.com’s extensive experience in blockchain technology to deliver utility that connects fans with the Club, utilizing Socios.com’s scale across international fan communities to reach fans and produce revenue streams in new geographies," writes the author.
Socios, a trusted partner of over 160 sports teams, enables greater access to global communities and digital marketing tools. As such, resulting project innovations have the potential to impact the sports industry as a whole.
The Q4 2022 Mainnet launch of Chiliz Chain 2.0 looks to play a key role in this regard. As the first Layer-1 blockchain in entertainment and sports, CC2 will give brands access to even more opportunities for minting, game development, and merchandising.
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Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
