If you spend time on social media, you are likely to come across a number of very active subcultures and groups on different platforms. Among them are cryptocurrency enthusiasts and football fans. On any given day, it’s not unusual to see viral tweets from both groups, whether there’s infighting within the community, trending news, etc.
Now, the new cryptocurrency aims to connect the two worlds by becoming the bitcoin of football. Should this effort succeed, two of the world’s largest industries could be linked to the benefit of all.
The return of football and the need for digital communication
Last year has been an interesting year for the football industry as it has been for many others. Due to the COVID-19 pandemic, fans have not been able to fully gather in stadiums to watch their matches, and even the world OpensMany are still unable to fully gather due to restrictions in their countries. This has led to an increased demand for digital communication among fans as many have to interact digitally with their favorite club.
Many other sports industries have recognized this shift as several NFL teams have created blockchain-based platforms and have also embraced NFTs to allow memorabilia to be authenticated. Prominent players get paid in bitcoin, and a few weeks ago a player was purchased from TFC.
The football industry has seen quite a few tokens launched by teams, but there is a need for a global token that unites the entire industry that is likely to be more effective than a crowd of individuals. This is the concept that created TheFutbolApp and intends to run a digital code for this. This new symbol is backed by a number of industry players such as Livingston FC of the Scottish Premier League. in addition to, TFA World Association, which is tasked with providing more than half of the supplies to football-related issues, and has board members with significant links to the Premier League.
The TFA app, which enables technology that connects blockchain to the real world of football through a social network, works on both iOS and Android. The only way to display ads on TFA is to pay with TFC, so the more demand for ads on the platform, the more demand for TFC. TFA also has a state-of-the-art payment system that enables hundreds of companies to receive payments from TFA users and TFC holders via the app.
In the short time the app and the original code have been around, they have amassed hundreds of thousands of app holders all over the world and it is already being used in the industry. One example is the signing of David Vadario, who is from Lagos Islands, to ALKI Oroklini Football Club and was paid for in TFC coins.
This is the first time a football signature token has been used, but it has the potential to become the industry standard over time. The ultimate goal is to become a benchmark icon for the football industry and this will be done through strategic partnerships.
The Scottish Premiership has already signed up to accept TFC as a way to pay for tickets on merchandise, and it also serves as a way to purchase non-advertising modes on the official app. Ultimately, football fans around the world will need a common way to interact with each other, make payments and facilitate the billion-dollar football industry, and TFA and its accompanying token want to provide a way to do that.
Among his accomplishments, he recently released the Panda Token ($PANDA), a useful meme token based on the Binance Smart Chain. This token is mainly oriented towards the sports NFT market which has become very prominent in the sports world. The main objective of this token is to mint and trade NFTs on the official TFA app which also gives consumers a local way to trade football based NFTs. Details are at www.thepandatoken.com.
Since its launch in mid-June 2021, the token is up 10,000% on PancakeSwap and only shows more signs of growth ahead. Between the original TFC token, the $PANDA token, the TFA global association, the original implementation, etc., it is clear that the TFA management wants to cover all its bases in terms of offering the best to consumers.
This also means that every possible corner of the football industry will be covered for fans who can interact with it digitally and make purchases, sales, etc. It is clear that the future of all industries will be related to the blockchain and the digital world, and it is clear that TFA is running ahead of the curve.
Image by Keith Johnston from Pixabay