Brazil soccer (Soccer) giants Santos FC has announced that it will be implementing its Fan Token web3-and the metaverse-enabled “gaming environment.”
The token named Santos Fan Token (Santos) was launched in late 2021.
Per An official release from TOPGOAL and a report from livecoinsFootball club Metaverse has become the first club to partner with gaming firm TOPGOAL and the fan token arm of Binance.
The firm claimed that the partnership would enhance the utility of the Santos Fan Token by “jointly developing Football Meta Club and FootballCraft”.
FootballCraft was designed as a “football parallel universe”.
Its developers claim it is a “virtual football world” that is “sandbox-like” and features “x12” time acceleration.
And the firm claimed that in the third quarter of 2023, SANTOS will be “inducted into TOPGOAL Footballcraft.”
The company also claimed that FC Santos fans could play TopManager, a game that the company called the world’s “first Web3 3D football game”.
The firm said that playing the game will allow fans to “win prizes” including the TOPGOAL governance token, GOAL.
The firm claimed that its “tokens and in-game rewards will enhance the Web3 gaming experience for fans.”
In this deal, Santos FC will also create and sell its own branded non-fungible token (nft) on the Binance NFT marketplace.
New Dawn For Football Fan Tokens?
Per coingeco At the time of writing the data, the market cap of SANTOS Coin is $28,695,907.
The price of the token has increased by about 5.5% in the last 24 hours.
The all-time high price of the token was $22.34, which was recorded in September last year.
The gaming firm said it would create a metaverse home for FC Santos, “complete with customized gear and a stadium.”
The company promised “immersive virtual matchdays, leagues and tournaments” as well as “virtual events for fans, featuring the club’s current lineup”.
Santos was famously the club where football legend Pele spent most of his career.
The club has won eight Brazilian Championships as well as three Copa Libertadores titles.
The club won the Copa in 1962 and retained its title in 1963.
Its most recent victory in the contest came in 2011.
Last month, Fan Token platform operator Chiliz announced its Launching a $50 million incubator to fund promising Web3 startups,