U.Today is supported by its audience. When you buy through referral links, we may earn a commission.

Juventus to Launch Cryptocurrency

  • Juventus is going to launch a crypto to allow the fans to be heard. The move is purposed for giving the fans an opportunity to have a more engagement with the club’s life

Cover image via U.Today

Juventus is going to launch a cryptocurrency to allow the voices of fans to be heard. The move is purposed for giving the fans an opportunity to have a more direct engagement with the club’s life.

The “Fan Token Offering,” which is essentially an ICO, will be launched in cooperation with Socios.com. Afterward, the token will be tradeable on the platform against its $CHZ token. Socios.com announced it is planning to launch more (up to 50) suchlike FTOs, teamed up with more soccer clubs.

Earlier, the French team Paris Saint-Germain revealed similar plans on launching an FTO.

About the author

Paul Hackley is a journalist and essayist, focusing on blockchain and cryptocurrencies, with a strong interest in the future of the technology.

Recommended articles
Bitcoin Outperformed By These Altcoins YTD: Binance Exec, Here's the Top Performers

Bitcoin Outperformed By These Altcoins YTD: Binance Exec, Here's the Top Performers