Premier League’s Wolverhampton Wanderers soccer club to launch fan token
The English Premier League’s Wolverhampton Wanderers Football Club will launch fan tokens under a new partnership with Turkish blockchain platform Bitci Technology.
The Premier League is the most followed soccer league in the world, Bitci’s announcement reads. Turkish blockchain experts will develop a Wolves’ fan token on Bitcichain. Bitci’s own crypto exchange will list the Wolves fan token first, followed by other exchanges worldwide.
The multi-year agreement will see the Bitci logo appear on the Wolves team’s jerseys and screens in the Wolves’ historic stadium, Molineux, starting during the 2021–2022 season. As one of the founders of the Football League in England, the Wolves team has been playing their matches in Molineux Stadium since 1889.
Commenting on the partnership, Wolves’ spokesperson Russell Jones said, “We are looking forward to investigating options for fan tokens, which we believe will create another way to engage our fans In the UK and overseas.”
Bitci Technology is known for its partnerships for fan tokens with teams from a wide range of sports. Recently, it has become the official fan token partner of Formula 1 team McLaren Racing and Turkey’s National Basketball Team.
The Spanish national soccer team has previously partnered with Bitci to launch their fan token. The company is also an official shorts logo sponsor of the Rangers Football Club.