Hello, community.🤗 As you know from our previous posts, blockchain technology is becoming more popular every day and has found its application in many fields of activity, including sports. Today, there are a number of blockchain projects that are changing the traditional mechanisms for financing the development of athletes, their relationships with fans, and advertisers. One such project is MyTVchain.

📜 Here are examples of sports associations using blockchain

🔹 UEFA At the end of February 2020, UEFA announced that it will use a blockchain-based ticketing system to issue tickets for Euro 2020. The Association has been testing blockchain tickets, selling them through a mobile application that recognizes QR codes for more than 18 months and is pleased with the results. In June 2019, in the final of the League of Nations, more than 110,000 tickets (about 80%) were issued using the blockchain system. Such a system prevents copying by activating tickets only shortly before the event when the fan is near the stadium.

🔹 Famous football clubs such as Barcelona, ​​Juventus, Paris Saint-Germain, Galatasaray, Atletico Madrid, and Real Madrid use the blockchain-based Socios platform to interact with fans. This platform allows sports organizations and teams to issue their own tokens, which fans can later spend on various actions on the platform from voting for club decisions to buying souvenirs and access to platform content.

🔹 Over the past few years, some NBA teams have begun accepting cryptocurrency payments. Sacramento Kings and Dallas Mavericks allow fans to buy tickets and goods using bitcoins. Exclusive souvenirs on several blockchain platforms will also be available to fans.

🔹 One of the cricket clubs in the county of England, Lancashire, is about to start selling tickets through the TIXnGO blockchain platform. Using the blockchain will allow you to better deal with fraud and receive data on the distribution of tickets.