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Sao Paulo Football Club Accepts SHIB Payments

Sao Paulo Football Club from Brazil, has announced that it will be accepting payments in Shiba Inu (SHIB), for ticket sales.
Sao Paulo Football Club Accepts SHIB Payments, football team as featured image

Sao Paulo, Brazil’s largest Club fans can now purchase tickets to their club’s games, using the Shiba Inu cryptocurrency. The initiative will make Sao Paulo the first-ever football club in Brazil to accept payments in crypto.

 

The club has teamed up with its official crypto sponsor and partner, Bitso exchange from Mexico, to open up crypto payments for ticket sales, which had announced support for Shiba Inu token on its platform at the start of 2022. The news was revealed via a tweet on the Socia Torcedor page.

 

 

The latter is a membership-based fan page for the Sao Paulo club. However, the tweet did not clarify if the opportunity to buy tickets using cryptocurrencies is open exclusively to the members of the Socio Torcedor program.

 

As per early reports, the payments are being processed by crypto payment service provider, BitPay, which has been supporting SHIB payments since years.

Crypto and Football

Football has been one of the sports that has embraced blockchain technology with arms wide open, with many leading sporting clubs worldwide accepting crypto and blockchain tech in different forms. While some clubs are partnering with leading crypto companies to launch NFT collections for improved fan engagements, others have started accepting crypto payments for  sales, like Sao Paulo FC.

 

Crypto.com signed a partnership deal with FIFA to become the first-ever official crypto sponsor of World Cup 2022. Moreover, global crypto exchange Bybit has also signed a deal to sponsor all of Argentina’s national football teams, including the men’s national team.

 

Football clubs and entities are also exploring metaverse opportunities with just as much enthusiasm. One of the most popular clubs in the world and current Premier League champion, Manchester City, is planning to develop the world’s first football club stadium in the Metaverse, which could allow fans from all over the world to watch live games in the crypto space.

 

Image by Joachim Schnürle from Pixabay

Edward Nored

Edward Nored

Edward is a naturally curious BTC lover with a deep interest in blockchain, fin tech, fields which he dedicates his time to researching.

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