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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Spain’s national soccer team to launch fan token on Turkish platform

La Roja is launching a fan token in partnership with Turkish blockchain platform Bitci Technology.

The Spanish national soccer team will launch the world’s first national soccer team fan token thanks to a partnership between the Royal Spanish Football Federation and the Turkish blockchain platform Bitci Technology.

The token will launch on Bitcichain, and all tech infrastructure will be provided by Bitci Technology. According to a recent announcement, Bitci Technology will be the exclusive blockchain partner of the team during the initial three-year partnership, followed by an optional two-year period.

The partnership also makes Bitci a jersey logo sponsor of the Spanish national team. World-famous football players such as Sergio Ramos, David de Gea, and Paco Alcácer are going to wear Bitci-branded jerseys during training.

Bitci Technology founder Çağdaş Çağlar noted the Spanish national team’s massive influence over world soccer, stating: “This partnership marks the first blockchain-based fan token for a national football team.“

Royal Spanish Football Federation president Luis Rubiales stressed the importance of using cutting-edge technology, stating: “This partnership enables us to create more synergy and bond even further with Spanish National Football Team fans across the globe.”

Bitci Technology has previously partnered with Formula 1 team McLaren Racing and Turkey’s National Basketball Team to launch fan tokens. As reported earlier this year, European soccer team Rangers Football Club signed a sponsorship deal with Bitci. The Turkish crypto platform’s logo will appear on the Rangers First Team shorts, per the partnership.

While fan tokens have been primarily popularized by soccer teams such as FC Barcelona, Paris Saint-Germain and Juventus, they are increasingly being embraced across all branches of sports. As Cointelegraph reported last week, the world’s premier mixed martial arts league, the UFC, partnered with Socios to launch fan tokens on the Chiliz platform.

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