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Brasil’s Avaí becomes first football club to launch its own cryptocurrency

By Paul Nicholson

September 12 – Brasileiro Série B football club Avaí Futebol Clube has become the first football club to launch its own cryptocurrency with in Initial Coin Offering (ICO) targeting a $20 million capital raise.

Partnered with blockchain technology specialists SportyCo and football investment specialist Blackbridge Sports, the Avaí FC Token will go on sale October 3 priced $1 with the sale period lasting for a month.

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The post Brasil’s Avaí...




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