Every headline wants to be published with a theme around crypto and that's why this was created. Christiano Ronaldo became the first player in the history of the sport to earn in crypto happens to be trending on every crypto blog but what they don't know will be explained as you continue reading.
First of all, the coin Ronaldo earned was a Juventus fan token which was been created with the help of socio (a crypto fan tokens for sports). Why socios have helped with the creation of many fan tokens for numerous football clubs, its likely one feels that they are only in the football business. Unfortunately, they are not just for football. They have created tokens for basket teams and other sports entirely.
Back to our discussion, Ronaldo wasn't given the sports tokens as a medium of exchange for services rendered, instead, he was given the token as a gift/show of respect for him for reaching 770 goals. The tokens are that of Juventus fans tokens of course and that shows the untapped spaces that crypto can drive.
What this will result in?
This new development will firstly prompt all other major clubs to get their own fan tokens and also, many will see more value in the creation of fans tokens.
This new development could also see fan tokens also been used by numerous clubs to rewards their outstanding players. It shows a sign of gratitude and with fans tokens allowing holders to make key decisions, it also makes the players feel like key decision-makers for the club.
Why should Gold be used to reward a player when a fan token offers more use case as opposed to the later. Talking about a future increase in value, then these fans tokens should replace the handing out of gold.
Why this might possibly be confusing and unattainable to some, it seems like something to be achieved in the next minutes. if I have learnt anything from the crypto space, its that room for further use cases are always been detected and implemented