Notes

Arif Efendi explains crypto's use in the field of football.
Although football and crypto were once completely different, things have changed. ArifEfendi, who is a devoted football and businessman, has been watching the merging of these two fields with a lot of interest.

The usage of crypto as a way to pay is becoming more commonplace among football clubs.

Fans are also pleased with the non-locked fan tokens to the broad field of football.

With its enormous potential and functionality, crypto application is expected to cover every industry due to the continuing rise in the integration of Artificial Intelligence (AI) and blockchain technologies.

Arif Efendi closely monitors the most important issues that will define the future of digital currency. Efendi talks about how cryptocurrency is used as a payment method within the football world.

He is of the opinion that the use of cryptocurrency should be accepted as the football industry offers many marketing opportunities for fans and footballers alike.

The first purchase made using cryptocurrency of the football team. A significant event in the history of football according to Arif Efendi.
In 2018, the Serie C Italian football club Rimini FC became the first soccer team in history to be bought in digital currency-cryptocurrency. At present, 25% of the stake of the club is held by Heritage Sports Holdings, and it was paid via Quantocoin.

Forbes reports that Rimini was purchased by Heritage sports holdings.

The combination of blockchain technology and cryptocurrency is anticipated to play a an important role in combating corruption within the football industry. This will streamline the administration and processes that are required to run professional sports teams.

As a result, UEFA seeks to enhance transparency and alleviate inconsistencies within the professional football world.

Arif Efendi In addition, UEFA made an atrial with a blockchain-based method to assign stadium seats to fans during a game between Atletico Madrid and Real Madrid in a super cup final. This was a test to assess its effectiveness and improve the efficiency of the crypto-based transactions.

The first person to be paid in cryptocurrency by a footballer
In 2021, former Real Madrid super striker David Barral was transferred to Segunda Dux International Madrid by bitcoin. It was completely paid for with cryptocurrency.

The club did not elaborate the reason they chose this method of payment. Arif Efendi states that it was an important landmark and will be the first of many.

International media reacted to the announcement. It's an obvious sign of how digital currency is becoming a reality across all industries.

FIFA announces NFT platform for soccer fans. Arif Efendi was the first one to discover this announcement.
The International Football's governing body (FIFA) did announce recently the upcoming launch of the NFT platform which is perfect for distributing digital collectibles. Arif Efendi NFTs will remain a repository for FIFAs greatest moments of football's history.

Algorand has partnered the NFT platform together to simplify the process of collecting tokens and to release exclusive information.

It is possible to represent football matches with digital collectibles based on iconic images and artworks from the FIFA Women's World Cup as and the FIFA World Cup.

The announcement provides collectibles for everyone who loves football to broaden the capabilities of the FIFA world cup. Fantom continues to upgrade, and football fans engage in new and old games similar to memorabilia and stickers for sports for a more seamless access to opportunities.

FIFA+ Collect, which gives access to soccer matches live all over the world It will only be accessible via the FIFA+ federation virtual platform. Interactive games, tournament news information, as well as other relevant content will all be accessible to digital collectibles launched in English, French and Spanish.

Additional commitments are made to ensure that fans have a seamless experience using Algorand's Web3 enabled Algorand.

Football clubs sponsored by crypto-related companies

A number of cryptocurrency companies have entered into agreements with football clubs. They have partnered with clubs to make the financial markets accessible and to support large initiatives to expand opportunities to invest. In this regard, eToro has partnered with European soccer teamsdue to heightening sponsorship deals, explains Arif Efendi.

To increase its investment opportunities the world's leading investment platform has announced twelve new sponsorships to UK as well as German teams. The English Premier League clubs eToro intends to sponsor through its partnership deals include Leicester City, Everton, Southampton, and crystal palace.

eToro also announced that it is partnering with German Bundesliga clubs of FC Cologne and Union Berlin, Vfl Wolfsburg and FC Augsburg. In addition, the partnership will extend to Danish Champions FC Midtjylland.

These deals will provide eToro the world's attention and allow it to profit from various marketing opportunities like tickets, digital rights and match day LED boards, as well as other marketing opportunities. Individuals will have the chance to purchase digital collectibles in the form of crypto or stocks as part of these deals.

The companies sponsor clubs with football attires, mainly boots, jerseys and balls, which helps increase their brand's reputation and to increase their marketability.

Additionally, the top Forex brokers are splashing sponsorship deals for premier league teams as a means to boost the use of crypto. Companies that use crypto help clubs make kits that are in line with international standards. Arif Efendi https://books.google.ch/books?id=guugAAAAMAAJ&pg=PA83&lpg=PA83&dq=arif+efendi&source=bl&ots=hI8wtLlHYB&sig=ACfU3U0yd0vxRAk3Dz06cUc29ClJ9BDmxw&sa=X This is a way of hyping the deal.

Manchester United and Manchester City may be interested in working with crypto companies to sponsor. This is evident by sleeve sponsorships that are expected to replace mobile firms and boost the use of cryptocurrencies.

The football fan tokens are the newest source of revenue for the clubs
Arif Efendi says that fan tokens are a type of cryptocurrency, are created to provide members with advantages. fans tokens holders enjoy membership benefits. https://www.researchgate.net/profile/M-Efendi The benefits include access to fan-only events and the ability to edit merchandise. The voting rights could be utilized, for example, for making team decisions including bus designs or the team's official motto and kits designs.

Fan tokens are only paid once, which means there's no requirement to sign up on a regular basis.

The fan tokens provide a fresh source of revenue for clubs in football as well as an innovative way for fans to engage with their favourite team.

New trends and technology are driving football as well as other sports to embrace innovative methods and create new opportunities. The use of cryptocurrency worldwide is on the rise and the football market is no exception. Arif Elfendi believes crypto will explode in all markets. He predicts that we will discover more such examples in the world of football soon.

Homepage: https://books.google.ch/books?id=guugAAAAMAAJ&pg=PA83&lpg=PA83&dq=arif+efendi&source=bl&ots=hI8wtLlHYB&sig=ACfU3U0yd0vxRAk3Dz06cUc29ClJ9BDmxw&sa=X