I was eagerly anticipating a Football (Soccer) project involving Blockchain Technologies coming about in the future and when I finally read about London Football Exchange I was excited to speak to the team to see what they wanted to accomplish by creating their project. I was told from the off-set that this isn’t a get rich quick scheme and this project is a long term major change to the football industry. So I decided to personally invest into this Initial Token Offering because as a football fan and blockchain enthusiast myself, I understood how it could be utilised in the future around the world. After many more discussions with the team they decided to take me on as an ambassador for the project and I gladly accepted due to the massive potential the project has.

The London Football Exchange wants to become a global equity exchange running on the blockchain whilst also allowing other benefits for the football clubs and fans such as being able to acquire club shares and utilise the LFE tokens for purchasing fan experiences and depending upon the requirements and choices of the football teams signed up, the options for ticketing and merchandising will also become available. LFE have already “officially” signed agreements with FC Bari, Lechia Gdansk, Oldham FC and Alcobendas and have made partnerships with existing companies such as Soccerex and Fatfish, infact the latter’s share price rose by 20% on the news it was working with the LFE.

If you look into their project deeper you will also find records of interviews with big sport radio stations such as TalkSport. The week commencing the 16th April they have sponsored the event “Soccerex China 2018” with various important people involved in the football industry attending and witnessing the project’s potential use cases.

This is still quite an unknown project in Crypto and although they are going for a rather large investment with 4 billion tokens being created, circulation of 2.8 billion and when it is released it will be $0.20 per token, it is perfectly justifiable with the amount of tokens they are producing and the value of this project as a whole that these figures won’t mean much in a few years as it has the potential to become one of the largest projects involving cryptocurrencies with the potential to be used in other sports.

They will be releasing their own equity exchange utilising the Stellar and Ripple platforms for seemless transactions when trading and making purchases with the LFE Card when this is released and can be used at participating stadiums around the world. There are no other similar projects out there that will be able to physically compete with the London Football Exchange and with the football industry growing bigger year-onyear and clubs constantly trying to reduce costs, gain funding and make the experience for their fans better, this is a no-brainer

Currently it is in Pre-ITO phase with each token currently selling at $0.14 each and can be bought with some of your favourite cryptocurrencies (Bitcoin, Ethereum, Ripple, Stellar) or with traditional payment methods.

If you would like to find out any further information about this project, you can check out their website and whitepaper at www.LFE.com or contact myself and I will be able to assist with some further questions.

Author: Adam Little

Twitter: @TheLeetleCrypto

Also published on Medium.