Brazil National Football Federation to Launch NFT Fan Token

Brazil National Football Federation to Launch NFT
  • Brazil’s official football organization announced it will launch its own NFT tokens.
  • Pre-sale and trading dates are yet to be determined.
  • Prior to the deal, Bitci has already signed partnerships with other sports organizations.

Confederação Brasileira de Futebol (CBF), the official football organization of Brazil, has recently partnered with Turkish blockchain firm Bitci. The partners will enable CBF to create official NFT fan tokens for the country’s national football teams.

According to Sport Business, the collaborators will still be determining the pre-sale and trading dates of the said tokens. Also, CBF plans to list the tokens on different exchanges in the future.

Lorenzo Perales, Commercial Director of CBF, said:

“This partnership is a very important step to continue advancing in the digitisation and internationalisation of our brand. The way football is consumed is changing and entering the fan token market is a crucial step. After starting contact with the main platforms, this is possibly the most important sponsorship within the blockchain technology worldwide.”

Prior to this partnership, Bitci has already bagged similar deals with the Spanish Football Federation (RFEF) and the Turkish basketball team. Other sporting names also include McLaren Racing, Wolverhampton Wanderers, and more.

disclaimer read more

Crypto News Land ( , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

CryptoNewsLand (CNL) is a one-stop online crypto news website that offers the latest happenings in the crypto world.