It has been reported that the token will launch on Bitcichain, and all tech infrastructure will be provided by Bitci Technology, as it will be the exclusive blockchain partner of the team during the initial three-year partnership, followed by an optional two-year period.
However, the partnership also makes Bitci a jersey logo sponsor of the Spanish national team. World-famous football players such as Sergio Ramos, David de Gea, and Paco Alcácer are going to wear Bitci-branded jerseys during training.
“La Furia Roja” will debut its own fan token, a reported first for a national team. https://t.co/wwphPceKsF — Cointelegraph (@Cointelegraph) May 10, 2021
Çağdaş Çağlar, the founder of Bitci Technology, noted the Spanish national team’s massive influence over world soccer.
“This partnership marks the first blockchain-based fan token for a national football team.“
Luis Rubiales, the President of Royal Spanish Football Federation, said:
“This partnership enables us to create more synergy and bond even further with Spanish National Football Team fans across the globe.”
Likewise, Bitci Technology has previously partnered with Formula 1 team McLaren Racing and Turkey’s National Basketball Team to launch fan tokens. As reported earlier this year, European soccer team Rangers Football Club signed a sponsorship deal with Bitci.
Thus, the Turkish crypto platform’s logo will appear on the Rangers First Team shorts, per the partnership.