FC Barcelona Moves to Speed up Web3 Strategy with Socios.com

FC Barcelona has declared that Socios.com (a reward and fan engagement venue) will turn into a systematic tech collaborator fast-tracking the blockchain, digital assets, as well as non-fungible tokens (NFTs), along with Web3 strategies. The collaboration will witness an investment of up to $100M by Chiliz (tech provider as well as the owner of Socios.com) in Barça Studios, obtaining a 24.5% stake in the section of the club dealing with the creation as well as the distribution of the digital content.

FC Barcelona and Socios.com Collaborate to Spearhead Web3 Strategy

Barça Studioscounts as the driver in the Club’s NFT creation as well as Metaverse programs along with organizing the digital strategy of FC Barcelona to provide projects thatoffer rewards as well as develop links with its worldwide fanbase. The latest contract will improve the capability of the Club to offer significantdigital goods to its fans as well as to construct unique long-term viable revenue streams.

Barça Studios has the potential to employ the extensive experience of Socios.com regarding blockchain technology for the provision of utility creating a connection between the fans as well as the Club while utilizing the scale of Socios.com throughout the global fan communities to get to fans as well as construct revenue flows in exclusive geographies. With the $BAR Fan Token, a fresh series of opportunities will be unlocked moving beyond the application of Socios.com into the innovative digital ecosystems backed on the behalf of Chiliz technology.

Sports and Tech Advancement Go Side-by-Side

As included in the respective strategic collaboration, Barça Studios and Socios.com will construct programs that allure the groundbreaking Web3 and blockchain collaborators to construct the latest facilities in the ecosystem of Barcelona FC.With these digital assets, the fans are permitted access to an exciting engage-to-earn community to transfer their rewards taking into account merchandise, VIP tickets, as well as exclusive experiences.

Previously, investments have been made by Socios.com in Spanish football as well as La Liga for up to three years and presently it collaborates with 6 teams of La Liga to distribute fan engagement programs across the globe. Socios.com is known as a reliable collaborator in terms of rewards and fan engagement for above one-hundred and sixty sports teams throughout the world. It constructs and disseminates fan engagement services as well as Web3 initiatives to approximately twenty teams from NBA as well as thirteen from NFL among others.

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