Sao Paulo, A Brazilian Soccer Team, Has Adopted Cryptocurrency Payment Method
The 22-time winner of Brazil’s top soccer league – Sao Paulo – teamed up with the cryptocurrency exchange Bitso several months ago. As a result, the company will serve as the club’s sponsor for the next three years.
According to a statement, both parties took their partnership to another level by allowing Sao Paolo’s supporters to buy tickets for home matches with digital assets. This is the first such initiative in Brazil’s soccer sector. It includes numerous cryptocurrencies, including Shiba Inu.
Nonetheless, the first fan to buy a ticket for a soccer match in crypto chose to use bitcoin as a means of payment. His name is Fabio Gloeden Brum, and he was awarded a non-fungible token (NFT) commemorating the pioneering purchase.
Initially, the offering will be available only to registered fans with membership cards. In the near future, it could be introduced to the remaining supporters.
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