Barcelona plans to create their Cryptocurrencies

Barcelona plans to create their Cryptocurrencies

Ever since Xavi Hernandez has taken over the coachwhip of Barcelona Football Club, the team has shown tremendous improvement in several areas. The team is not all ready to create its range of virtual currencies. This will be accompanied by a collection of Non Fungible Tokens as informed by President Joan Laporta.

These measures were taken to mitigate the financial crisis the club had been in. The chief of Camp Nou had announced that the club is trying to develop its sense of metaverse. This can help them to survive in this harsh financial state

As Barcelona has tried to create its range of cryptocurrencies, Joan Laporta has also informed about the approach of several companies over this potential prospect.

The ones trying to develop their in-house currency have already been rejected. The club is looking to create a range of tokens that will be imaginative and add better revenue values even other than football.

What has been revealed till now?

Laporta has created a vision in the Mobile World Congress of Barcelona very recently. The idea to create a metaverse filled with digital assets of Barcelona seems to be an excellent measure to recover the funds lost during many financial turmoil’s. This will also help to create assets that are singular for the Barcelona club.

As the new idea of the metaverse is being made, the chance of being associated with a new currency is being rejected quite blatantly. The 59-year-old president will not be compromising on the quality presented by Barca for their fans.

Creating their range of tokens will help keep the more significant shareholders online. The brand needs to be more imaginative and brave. This might be the first time a club is trying to get into the world of crypto as a measure of financial survival.

Tapping into the international market

As a part of the project that can help improve the state of finances, Laporta will hope to present their first range of NFT very soon. It will be something unique that will be sought by 300 million fans all around the globe. The president seems to be very excited about this, but he must be prudent as the news is still very confidential.