- David Barral becomes the first footballer whose transfer fee was paid in Bitcoin.
- Cryptocurrencies are increasingly receiving adoption in the professional football scene.
Former Real Madrid striker David Barral becomes the first football player whose transfer was paid in Bitcoin. He has moved from Racing to club Segunda B side DUX Internacional de Madrid (Inter Madrid).
Former Real Madrid striker David Barral has become the first-ever player to be bought using cryptocurrency, after being signed by Segunda B side DUX Internacional de Madrid using Bitcoin. (Source: @interdemadrid) pic.twitter.com/2ax3nbAMym
— Transfer News Live (@DeadlineDayLive) January 19, 2021
Bitcoin is getting more use in the sports world. As the tweet shows, Barral’s move is held to be paid in Bitcoin. This became viable due to the fact that the club partnered with the Criptan platform.
Specifically, Criptan is a local site for cryptocurrency trading. It describes itself as a network for easy, fast, and secure entry into the world of crypto. What is more, it allows the purchase of crypto using a bank account or credit card.
Interestingly, it’s not the first time that football and crypto had a crossover. In 2018, Hong Kong-based OKEx began partnering with the English Premier League. As a result, adverts for the company appeared on stadium screens during several matches, as well as those involving Chelsea, Arsenal, and Liverpool.
Also, football players do not stay away from the crypto sphere. Ronaldinho, for example, launched his own cryptocurrency named Ronaldinho Soccer Coin. Also, the nominal tokens of James Rodriguez were sold out in a closed presale round in 12 seconds.
Meanwhile, Paris Saint-Germain, Roma, Juventus, West Ham United, Atletico Madrid, and Galatasaray are linked to the Socios blockchain. Each club intends to issue its own branded token for fans, which will be used via a dedicated mobile app. With the help of new altcoins, fans will be able to draw prizes, exclusive goods, and tickets to the games.