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August 9, 2022
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Cristiano Ronaldo received 770 JUV tokens –

Juventus star Cristiano Ronaldo received 770 JUV Tokens – one for every goal scored in his career.

Cristiano Ronaldo got 770 JUV tokens

Cristiano Ronaldo is the first ever footballer to be awarded for his professional achievements in cryptocurrency. The living football legend received 770 JUV tokens – one for every goal scored in his professional career. The information was provided by the Spanish portal March.

JUV is the official token of Juventus fans, which was issued in 2019. It is based on the Chiliz (CHZ) blockchain and is available on the Socios.com platform. Fan tokens give soccer fans the opportunity to vote on certain issues related to the team’s activities. With JUV, they also have access to various privileges, competitions and prizes.

The prize of 770 JUV Tokens – awarded to Ronaldo ahead of Sunday’s league game against Benevento – is worth around $ 11,750. Today, the price of a single token is $ 15.26. The JUV token was originally priced at $ 2 at launch.

Cryptocurrencies and football

While Ronaldo is unlikely to need additional funding anytime soon, it’s worth highlighting the fact that, for the first time in history, a blockchain token has been awarded to a footballer as a sort of reward for his career achievements.

We also know that several soccer clubs have been working on the concept of paying players in whole or in part in cryptocurrencies for some time.

Chiliz, on the other hand, is a platform that is a place where you can buy many football tokens from teams such as Manchester City, F.C. Barcelona and Paris Saint Germain.

The current value of Chiliz’s native token, CHZ, is a response to the growing interest in blockchain and tokens from the soccer market. Since January 1 alone, CHZ’s USD price has increased by over 2,500%, while its market capitalization has increased from USD 100 million to USD 4.5 billion, and then fell to USD 3.2 billion.

It is worth recalling that the most famous football club in our country also creates its fan token. Legia Warsawbecause this team is about, it is the record holder in terms of the number of victories in the Polish championship.

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