Libereum, a pre-ICO cryptocurrency firm, intends to purchase football clubs as part of its business plans. In addition to making its token the only form of payments within stadiums, Libereum says it would deal with potential sponsors exclusively using its Ethereum-based cryptocurrency. The company also plans to advertise itself on players' kits and make its token the currency used for player transfers. Libereum has reportedly already struck up agreements with two lower-tier clubs from Spain and the Netherlands. A number of other sports teams have been experimenting with blockchain technology in recent years.
Libereum, a pre-ICO cryptocurrency firm, intends to purchase football clubs as part of its business plans. In addition to making its token the only form of payments within stadiums, Libereum says it would deal with potential sponsors exclusively using its Ethereum-based cryptocurrency. The company also plans to advertise itself on players' kits and make its token the currency used for player transfers. Libereum has reportedly already struck up agreements with two lower-tier clubs from Spain and the Netherlands. According to Dutch publication Voetbal International, the company has entered into partnerships with Spanish side Elche CF and Dutch team Roda JC Kerkrade.