TL;DR Breakdown
• The Argentine team has received several proposals to create its token.
• Boca Juniors could partner with Socios.com to offer one of the best crypto contracts.
The soccer club in Argentina, Boca Juniors, plans to create its first crypto token. As expected, the crypto market has proven its ability to continue to reach the most curious places in the sports world.
The soccer ace Diego Armando Maradona played for Boca Juniors in his youth, and the sports team is trying to formally create its token to participate in crypto trading. Boca has scheduled meetings with the most popular cryptocurrency companies in the country to meet its goals.
Boca Juniors and Socios.com
Boca Juniors stands out for hosting the best soccer players and trying to close the most convenient crypto contracts for the team. The sports club is talking to Socios.com, which has been a bridge between sports teams and cryptocurrencies. The company has active contracts with the Barcelona soccer club and the Chicago Bulls.
In this opportunity, Socios.com wants to sign a contract with Boca Juniors to give it over $10 million in earnings. The company seeks to create the best token so Boca fans can buy it online. However, the club is still considering it because the manager wants to create a token from the foundation and not third parties.
The Argentine team has also contacted other companies that promise to create their token at a low cost. One company even proposed to the club it would like to sponsor them to place their logo on the blue shirt. The team has only an active promotion contract with the Qatar Airways company for over $6 million each year.
Argentine club follows crypto adoption wave
Although Boca Juniors has not yet decided which company to partner with to create its crypto token, it is a fact that the club plans to follow the wave of cryptocurrency adoption. Although Argentina has not yet decided whether to accept cryptocurrencies, its citizens and sports clubs have shown their interests in the decentralized market.
The video game company, Decentral Games, has also approached the soccer club with a solid deal. Decentral wants to build a virtual state for the Boca Juniors club to attract crypto and team fans. With each visit to the virtual state, the team could passively earn money.
The Argentine team is going through a bad financial season, considering that the local currency in the country is crumbling. Boca has also been affected by the Covid-19 pandemic because the games have been canceled. This has added to the internal problems facing the legendary club for a while.
Although the sports club does not admit it, the best proposal to create their token could possibly be Socios.com. It is expected that in the near future, the Socios.com platform will link Boca Juniors to the cryptocurrency world.
