FC Barcelona secures €120M funding for its latest web3 venture

TL;DR Breakdown

  • FC Barcelona receives €120 million investment for ‘Barça Vision’ from Libero Football Finance AG and Nipa Capital B.V.
  • The club has a history with digital platforms, including partnerships with Chiliz blockchain and launching NFT collections.
  • The investment awaits approval from the club’s shareholders and aims to conclude by the end of 2023.

Description

FC Barcelona, the Spanish footballing giant and current La Liga champion, is venturing further into the digital sphere. With a hefty €120 million (roughly $132 million) backing, FC Barcelona is propelling their new project, ‘Barça Vision‘. This will be a dedicated platform where the club will place all of its digital content around web3, NFT, … Read more

FC Barcelona, the Spanish footballing giant and current La Liga champion, is venturing further into the digital sphere. With a hefty €120 million (roughly $132 million) backing, FC Barcelona is propelling their new project, ‘Barça Vision‘. This will be a dedicated platform where the club will place all of its digital content around web3, NFT, metaverse, and blockchain

The investment is a collaborative effort from two significant entities: Germany’s Libero Football Finance AG and the Netherlands-based Nipa Capital B.V.

As a part of this transaction, the club has agreed to relinquish 29.5% of its shares in Bridgeburg Invest. This firm acts as a guardian company for ‘Barça Vision’.

At its core, Barça Vision signifies FC Barcelona’s commitment to the digital age. It aims to amalgamate facets of the digital world, with a keen focus on Web3, blockchain, and notably, NFTs (digital collectibles). Furthermore, it seeks to pioneer in the realms of the metaverse. In essence, this endeavor is a testament to FC Barcelona’s vision of crafting a comprehensive digital ecosystem termed ‘digital Espai Barça’.

Past ventures and digital achievements of FC Barcelona 

Historically, FC Barcelona has always been at the forefront of digital innovations. Since as early as February 2020, they’ve partnered with Chiliz, a blockchain pioneer, to curate exclusive digital tokens tailored for their vast fanbase. This association further strengthened when, in August 2022, Chiliz acquired a 24.5% stake in Barça Vision, amounting to a staggering $100 million.

Further accentuating their digital dominance, FC Barcelona, in collaboration with Plastiks, launched an exclusive collection of NFTs earlier in May. Titled “Unleash Your Passion”, this collection boasts of 3,000 animal-inspired NFTs. Priced at $30 apiece, they serve a dual purpose: digital collectibles and a beacon for an environmental cause, aiming to eradicate 35 million kilograms of plastic from our ecosystem.

Adding to their illustrious digital portfolio, the club championed the auctioning of an NFT, “Masterpiece #1 In a way”, in July 2022 in New York. This masterpiece fetched an impressive $693,000. Its successor, “Masterpiece #2 – Empowerment”, found its patron on the digital platform, selling for $300,231 in June 2023.

It’s noteworthy that the recent investment will only materialize post the nod from FC Barcelona’s shareholders. Current indicators hint at a possible closure by 2023’s end.

Through these initiatives, FC Barcelona underscores its mission — football prowess intertwined with digital innovation.

文章来源于互联网:FC Barcelona secures €120M funding for its latest web3 venture

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年8月12日 05:47
Next 2023年8月12日 06:51

Related articles

  • SEC asked Coinbase to pause all crypto trading pre-lawsuit

    TL;DR Breakdown The SEC asked Coinbase to halt all trading except Bitcoin before suing them. Coinbase refused, fearing it would end the U.S. crypto industry. The move reflects the SEC’s push for wider authority over the crypto market. Conflicting views and regulations with other bodies like the CFTC add complexity. Description The curtain has been drawn back on the intentions of the U.S. Securities and Exchange Commission (SEC), as they approached Coinbase with a proposal that sent shockwaves throughout the cryptocurrency industry. A recommendation was made to Coinbase to halt all trading activities involving cryptocurrencies except Bitcoin, prior to taking legal action against the Nasdaq-listed company. … Read more The curtain has been drawn back on the intentions of the U.S. Securities and Exchange Commission (SEC), as they approached Coinbase with a proposal that sent shockwaves throughout the cryptocurrency industry. A recommendation was made to Coinbase to halt all trading activities involving cryptocurrencies except Bitcoin, prior to taking legal action against the Nasdaq-listed company. This is more than a regulatory measure; it’s a bold assertion of authority over an emerging…

    Article 2023年7月31日
  • Liquity price analysis: LQTY struggles at $1.211 as bears reinforce control

    TL;DR Breakdown Liquity price analysis shows LQTY is facing a decline today. Price levels have lowered to the $1.211 value. A further drop may cause the price to go below $1.897 support. The current Liquity price analysis reveals a significant downturn in the price, as the LQTY bulls face notable challenges in the market. The price has been steadily declining at a faster pace, causing it to reach a new low of $1.211. Despite the bulls’ attempts to push the price higher in the previous session, they have struggled to overcome the prevailing bearish momentum that has gained strength today. At present, the bulls are focused on preventing the crucial support level at $1.897 from giving way to further downside pressure. This critical level holds the key to determining the near-term trajectory of Liquity’s price. LQTY/USD 1-day price chart: Bears initiate their struggle for a lower price The 1-day Liquity price analysis indicates a decline in price as the bears make a comeback, challenging the bulls for dominance. Over the past four days, the cryptocurrency has experienced significant growth, with…

    Article 2023年6月9日
  • How the US curbs on Chinese investment affects EU

    TL;DR Breakdown US restricts investments in China’s high-tech sectors, citing security risks. EU takes a more cautious approach, emphasizing its deeper economic ties with China. EU aims to draft its own guidelines by year’s end. Concerns rise over China’s dominance in essential tech and supply chains. Description The recent US-driven restrictions on investments in China’s high-tech sector have sent shockwaves through the global financial community. But while the US decisively takes action, the European Union navigates a more complex and intertwined relationship with Beijing, revealing a more hesitant approach and a reluctance to march lockstep with Washington. Balancing Economic Ties and Security … Read more The recent US-driven restrictions on investments in China’s high-tech sector have sent shockwaves through the global financial community. But while the US decisively takes action, the European Union navigates a more complex and intertwined relationship with Beijing, revealing a more hesitant approach and a reluctance to march lockstep with Washington. Balancing Economic Ties and Security Concerns President Joe Biden’s executive order to curb American investment into China’s forefront technological arenas—quantum computing, advanced chips, and artificial…

    Article 2023年8月11日
  • Ripple Appoints Warren Jenson to its Board of Directors, Strengthening its Leadership

    TL;DR Breakdown Warren Jenson, a highly experienced CFO and operations leader, joins Ripple’s Board of Directors, bringing valuable expertise from renowned companies like Amazon, Delta Airlines, and Electronic Arts. Jenson’s appointment as Chair of the Audit Committee underscores Ripple’s dedication to upholding the highest standards in financial integrity. The crypto and blockchain industry continues to showcase real-world use cases, from tokenized real-world assets (RWAs) to central bank digital currencies (CBDCs) and crypto-enabled payments. Ripple, a prominent player in the field, has announced the addition of Warren Jenson to its Board of Directors. As a seasoned CFO and operations leader with extensive experience at renowned companies such as Amazon, Delta Airlines, and Electronic Arts, Jenson brings valuable expertise to the network as it expands its global presence.  Contents hide 1 Brief Overview of Warren Jenson’s Background 2 Ripple’s Commitment to Transparency and Accountability 3 The Promising Future of Crypto and Blockchain Technologies 4 Conclusion Brief Overview of Warren Jenson’s Background Warren Jenson has an impressive track record, having managed financial operations for leading companies across various sectors for over three decades….

    Article 2023年5月21日
  • Apple unveils its new iPhone 15 models with cutting-edge gaming chips

    TL;DR Breakdown Apple has announced the launch of its latest iPhone device packed with cutting-edge gaming chips. Embracing the future with refined technology. Description Apple has recently revealed its highly anticipated iPhone 15 and iPhone 15 Pro models, setting a new standard for mobile gaming experiences. The iPhone 15 Pro, in particular, is poised to redefine the world of mobile gaming with its groundbreaking A17 Pro chip, promising a host of gaming enhancements. The A17 Pro chip, housed within … Read more Apple has recently revealed its highly anticipated iPhone 15 and iPhone 15 Pro models, setting a new standard for mobile gaming experiences. The iPhone 15 Pro, in particular, is poised to redefine the world of mobile gaming with its groundbreaking A17 Pro chip, promising a host of gaming enhancements. The A17 Pro chip, housed within the iPhone 15 Pro, serves as the cornerstone of its remarkable gaming capabilities. Equipped with a powerful graphics processor (GPU), this chip introduces innovative features like mesh shading, which optimizes shader processing to significantly enhance graphics performance. Apple reveals new gaming chips in…

    Article 2023年9月14日
TOP