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Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push – Bitcoin News

Socios.com, an organization devoted to the improvement of fan commitment tokens for sports associations, has uncovered that it will put $100 million in the computerized business of soccer group FC Barcelona, Barca Studios. The venture will give Socios.com 24.5% of the stake in the computerized division of the club and will permit it to reshape the metaverse and Web3 systems of the division to incorporate more income streams.

Socios.com to Invest in FC Barcelona Metaverse Division

Sports clubs are presently attempting to enhance their income streams by getting into the metaverse, getting the notice of VC firms simultaneously. Socios.com, an organization that plans fan commitment instruments for sports clubs, declared it will invest $100 million into the metaverse, NFT, and Web3 division of the soccer club FC Barcelona, called Barca Studios.

With the speculation, Socios.com will get a 24.5% stake in the referenced organization, as the club announced, and it will permit it to “speed up the club’s varying media, blockchain, NFT and Web3 methodology.” This capital convergence will permit the organization to zero in on growing new items that incorporate these new advances to fabricate new long haul income sources.

As per Socios.com, Barca Studios will presently approach its Chilliz Chain, a new blockchain that will permit designers to give NFTs and fan tokens, and construct defi items and play2earn games.

Alexandre Dreyfus, CEO of Socios, stated:

Barca Studios can now use our innovation, aptitude, and worldwide scale to assist with carrying out the Club’s Web3 content system and convey new long haul income streams that will help the club for seasons to come.

Because of this declaration, the cost of $BAR, the authority token of FC Barcelona, rose by near half, going from $5 to $7.20. The fan token permits holders to have something to do with specific choices through the Socios.com casting a ballot app.


Metaverse Growth Opportunities

The soccer club has been dazzled by the metaverse and new advances like NFTs since recently, when it reported the send off of a committed unit to foster items nearby. At that point, Joan Laporta, leader of FC Barcelona, expressed that its computerized center was an extremely huge piece of its development strategy.

Laporta stated:

We need to create new open doors for development. We want to come out on top for championships and to fulfill our fans, yet we additionally need to benefit from potential open doors in the games business. It involves survival.

What is your take on Socios.com’s interest in Barca Studios? Let us know in the remarks segment below.

Sergio Goschenko

Sergio is a digital money columnist situated in Venezuela. He portrays himself as slow off the mark, entering the cryptosphere when the cost rise occurred during December 2017. Having a PC designing foundation, living in Venezuela, and being influenced by the digital currency blast at a social level, he offers an alternate perspective about crypto achievement and how it helps the unbanked and underserved.

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Source: news.bitcoin.com

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