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An English football team unveils a new offer to its fans
2h00 ▪ 3 minute read ▪ by Luc Jose A.
Watford FC, an English football club known for its innovative spirit, is about to launch a revolutionary initiative. Very active in the world of cryptocurrencies and always looking to strengthen ties with its supporters, the club offers a new form of engagement through an unprecedented offering of digital shares. This transfer marks an important step in the evolution of the relationship between the club and its fans, opening up new prospects for the future.
Watford FC innovates in sports financing
Watford FC, in collaboration with the Republic platform, offers a notable innovation by selling 10% of its shares in digital form. This initiative, accessible via the Seedrs investment platform, allows supporters to acquire actions of the club for around £12 each.
This innovative financial participation model offers fans an unprecedented opportunity to be directly involved in the management and future development of the club. By opting for this approach, Watford FC hopes to not only strengthen ties with its fan base, but also introduce a new method of financing into sport, leveraging digital technologies for greater transparency and community engagement.
Towards the launch of the new cryptocurrencies, Fan Tokens!
Watford FC is also preparing to introduce an innovative initiative with the launch of fan tokens for the club’s fans. These tokens will represent a digital ownership stake in the club, increasing fans’ sense of belonging and their influence in decisions. These cryptocurrencies will allow fans to access exclusive offers, strengthening their commitment to the club.
Scott Duxbury, chairman and chief executive of Watford FC, expresses his pride at this progress, saying Watford is the first major English football club to offer true shared ownership to investors, including fans. This strategy aims to strengthen the club’s growth and realize its ambitious plans, while highlighting innovation in integrating digital equity into sport.
Watford FC’s initiative to introduce digital fan shares and cryptocurrencies is revolutionizing sports financing. This innovative model strengthens fan engagement and offers a new dimension to their relationship with the club. Watford FC is therefore positioning itself as a pioneer in Integration of digital technologies in sport.
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Luc Jose A.
Graduated in Science Po Tolosa and holder of a blockchain certification consultant issued by Alyra, I returned to participate in Cointribune in 2019. Capturing the potential of blockchain to transform numerous sectors of the economy, I have made a commitment to raise awareness and inform the great public about this constantly evolving ecosystem. My goal is to allow anyone to better understand blockchain and learn about the opportunities it offers. I strive every day to provide an objective analysis of current events, to decipher market trends, to convey the latest technological innovations and to put into perspective the economic and social efforts of this revolution in brands.
DISCLAIMER
The views, thoughts and opinions expressed in this article are solely those of the author and should not be relied upon as investment advice. Do your research before making any investment decisions.