São Paulo FC, a 22-time Brazilian First Division soccer champion, has partnered with Mexico-based crypto exchange Bitso to allow fans to buy match tickets with crypto, becoming first football club in the country to do so. As an official Bitso sponsor and partner, the club now allows fans to purchase tickets for their team’s matches using cryptocurrencies, including Shiba Inu. Bitso, meanwhile, announced Shiba Inu support on its platform in early January.
Based on the announcement of the agreement, São Paulo fans will be able to purchase tickets to watch matches at the club’s home ground – Morumbi Stadium, using digital assets owned by the club. Bitso. The list of major cryptocurrencies Bitso is said to include Bitcoin (BTC), Dogecoin (DOGE), Shiba-inu (SHIB), Bitcoin Cash (BCH), Ethereum (ETH)Wrapped Bitcoin (WBTC), Litecoin (LTC) and five stablecoins pegged to US dollars including DAI.
Somos o primeiro Clube do Brasil a match isso! ????????
Confira tudo que before saber! ️# SejaSocioTorcedor
– Socio Torcedor | São Paulo FC (@SocioTorcedor) June 2, 2022
The crypto payment program is currently only available to registered supporters with a membership card. However, the club and exchange will try to make payment options available to the public in the near future.
Bitso claims that it allows fans to buy tickets “with electronic money“is “one of our main goals since the beginning of our partnership with the club”, while São Paulo FC claims that the move proves that the team is at the forefront of “innovation”. in the Brazilian football space.
Crypto has been actively entering the sports space with football being one of the sports that have embraced this new technology with open arms, with many of the top sports clubs worldwide adopting the technology. blockchain technology and cryptocurrencies in different forms.
While some clubs are partnering with crypto companies to launch NFT collectibles to improve fan engagement, others have begun accepting cash payments. electronic to sell tickets, such as São Paulo FC. The leading exchange, Crypto.com even signed a cooperation agreement with FIFA to become the first official crypto sponsor for the 2022 World Cup. In addition, global crypto exchange Bybit has also signed a sponsorship agreement for all national football teams. of Argentina, including the men’s national team.
