And the money can pile up fast.
The latest club to enter the world of blockchain, Spanish champion Barcelona, generated 1.2 million euros ($1.3 million) in less than two hours.
The 600,000 Barcelona cryptocurrency-based tokens, which sold for 2 euros ($2.20) each, give fans exclusive voting rights in club-specific polls and can give them a chance to win rewards that could include watching games as VIP guests or meeting with players.
Blockchains are “blocks” of information or transactions that are secure and transparent. They are stored on a network of computers around the world without the need of a centralized party or authority to control the data. The information can’t be altered, and the blocks are “chained” together using cryptography to form a protected and public digital ledger.
“Thirty years ago people thought that this internet thing was just about sending email, but today thanks to the internet you can do a million things,” said Alexandre Dreyfus, the CEO of the Socios.com platform where fans can buy tokens and vote on club surveys. “And it’s a bit the same with blockchain. We still don’t know how to use the technology to innovate and do something that not necessarily existed before.”
Barcelona joined Paris Saint-Germain, Juventus, Roma, Atlético Madrid and others using blockchain.
Continue reading your story on the app
Continue reading your story in the magazine
ROBOT ARTIST SELLS ART FOR $688,888, NOW EYEING MUSIC CAREER
Sophia is a robot of many talents — she speaks, jokes, sings and even makes art. In March, she caused a stir in the art world when a digital work she created as part of a collaboration was sold at an auction for $688,888 in the form of a nonfungible token (NFT).
OFFICIAL: EU AGENCY TO CONFIRM ASTRAZENECA BLOOD CLOT LINK
A top official at the European Medicines Agency says there’s a causal link between AstraZeneca’s coronavirus vaccine and rare blood clots, but that it’s unclear what the connection is and that the benefits of taking the shot still outweigh the risks of getting COVID-19.
WHAT BIDEN'S NEW $100B PLAN FOR BROADBAND MEANS
The problems with U.S. broadband networks have been obvious for years. Service costs more than in many other rich nations, it still doesn’t reach tens of millions of Americans and the companies that provide it don’t face much competition.
WILL THE OSCARS BE A ‘WHO CARES' MOMENT AS RATINGS DIVE?
George Bradley used to love watching the Academy Awards. The 28-year-old Brit now living in San Diego would stay up late back home just to tune in.
FACEBOOK DATA ON MORE THAN 500M ACCOUNTS FOUND ONLINE
Details from more than 500 million Facebook users have been found available on a website for hackers.
YOU: INTERFACE DEEPER INTEGRATION IS COMING, JUST FOR YOU
According to a new study from WhistleOut, the average consumer spends an eye-watering nine years of their lives looking at their smartphones, and that’s without mentioning the use of computers, televisions, and other devices that increasingly control our lives.
EVERYTHING WE KNOW ABOUT FOR ALL MANKIND SEASON 2 ON APPLE+
Ever imagined what would have happened had the Cold War space race never ended? What would have happened if the Soviets had been the first power to have a successful landing on the Moon? Well, you needn’t trouble yourselves anymore, as Apple TV+’s For All Mankind tells you exactly that. The show, created by Ronald D. Moore, Matt Wolpert and Ben Nedivi, was a hit for Apple when its first season debuted in November 2019. Today, we are discussing the show’s ongoing second season and the information we know about the announced third season.
CEO OF GOOGLE'S SELF-DRIVING CAR SPINOFF STEPS DOWN FROM JOB
The executive who steered the transformation of Google’s self-driving car project into a separate company worth billions of dollars is stepping down after more than five years on the job.
Meghan Markle, Prince Harry Reveal First Netflix Docuseries
Meghan Markle and Prince Harry’s first Netflix series will center on the Invictus Games, which gives sick and injured military personnel and veterans the opportunity to compete in sports.
High Court Sides With Google in Copyright Fight With Oracle
Technology companies sighed with relief after the Supreme Court sided with Google in a copyright dispute with Oracle. The high court said Google did nothing wrong in copying code to develop the Android operating system now used on most smartphones.
Bitcoin: Fool's Gold or Digital Gold?
The past year has seen the Bitcoin vs Gold as a hedge investment debate hotting up. The price rally in cryptocurrency has led to a shift in sentiments, with many investors now finding it a viable investment.
The Maya are groups of people who live in parts of Mexico, Honduras, and Guatemala. Their ancestors created a great society. At its peak, from 600-900 C.E., the Maya civilization was more advanced than its neighbors in the Americas.
Playing Games Honduras-style
Would you play the same games in Honduras that you do in the United States? You might. Children in Honduras enjoy many of the same games North Americans do. They go fishing and shoot baskets. They play sandlot baseball—called bate (BAH tay). They fly kites and ride bikes. Their parents may go horseback riding or play golf or tennis.
BIONIC ROD WANTS PENIS ENLARGED!
“FOREVER Young” he ain’t — 75-year-old rocker Rod Stewart went under the knife to rebuild himself from the ground up!
Going the (Social) Distance
Keeping apart from friends these days is easier than you might think
NOT EVERY AUTOMAKER CAN CREATE LUXURY ON A BUDGET
ANIRUDH DHANDA explores the way memories trigger heartfelt events and people from the past, and remind us of situations that evoke emotional responses. Is this what being human is all about?
STREET, ARDS AND DESIRE: BLAKE JAMIESON AND HIS JOURNEY TO TOPPS PROJECT 2020
GROWING UP IN THE 1980S AND COMING OF AGE IN THE ’90S, BLAKE JAMIESON WAS ALL ABOUT THE BASH BROTHERS — MARK MCGWIRE AND JOSE CANSECO. FROM MARIN COUNTY, JUST NORTH OF SAN FRANCISCO, HE WATCHED THEM LIVE AT THE OAKLAND COLISEUM WHEN HE WAS YOUNG. AT HOME, HE AND HIS FATHER AMASSED A COLLECTION OF AROUND 70,000 BASEBALL CARDS.
SIX KEYS TO UNLOCKING UPSKILLING AT SCALE
Research suggests that with the right mind-set, technological literacy, and community engagement, you can shepherd your entire workforce into the digital future.
PELÉ'S BEAUTIFUL GAME
Pelé holds Brazil’s 1970 World Cup trophy.