Cointelegraph.comSportTokens

Cristiano Ronaldo awarded 770 crypto tokens for each career goal scored

The Juventus star was awarded 770 JUV fan tokens — one for each senior career goal scored.
Cristiano Ronaldo became the first soccer player to be rewarded for his career achievements in cryptocurrency, after the Juventus F.C. star received 770 JUV tokens — one for each senior career goal scored, as reported by Spanish outlet Marca.JUV is the official Juventus fan token, launched in 2019 by the Italian football club on the Chiliz (CHZ) blockchain, in conjunction with the Socios.com platform. Fan tokens give club supporters the chance to vote on club decisions, while giving them access to various perks, competitions and prizes.The bounty of 770 JUV tokens — awarded to Ronaldo prior to Sunday’s league match against Benevento — is worth around $11,750 based on the current token price of $15.26. The JUV token was originally priced at $2 upon launch. While the former Manchester United and Real Madrid star probably won’t need the funds any time soon, the occasion signifies the first time cryptocurrency has been awarded to a football player as a prize for career achievements. The growing connection between sports and cryptocurrency has seen several clubs flirt with the notion of paying players either wholly, or partly, in cryptocurrency for some time now. Dozens of soccer teams have issued fan tokens on the Chiliz blockchain since its inception, including some of the biggest teams from the biggest leagues in the world, such as Manchester City, F.C. Barcelona, and Paris St. Germain.The value of Chiliz native token, CHZ, has responded …
Story continues on Cointelegraph

Related posts
Axie InfinityCointelegraph.comcollectiblesMoonCatsNBA Top ShotNFTsTrading bots

MoonCats users are voting to destroy the keys to its final 160 'Genesis' tokens

The MoonCats community are worried its final 160 “Genesis” collectibles will all be accumulated by bots, with more than 70% voting to destroy the tokens’ private keys. MoonCats, the long-dormant tokenized collectibles platform that was re-discovered earlier this month, now…
AMMCointelegraph.comDeFiDEXUniswap

Combined DEX liquidity tags new all-time high of $10 billion

Uniswap’s dominance over the Ethereum DEX sector continues to grow, with the exchange representing more than half of the sector’s combined weekly volume. The amount of collateral on decentralized exchanges is nearing a milestone high of $10 billion, with Uniswap…
BitcoinBTCCointelegraph.cominvestors

Long-term investors continue to hodl despite $1T Bitcoin market cap

Only 36% of Bitcoin’s supply has moved in the last 6 months, down from 50% during last bull season Bitcoin’s liquid supply continues to shrink, with only 36% of circulating BTC being moved on-chain in the past six months.According to…