London Football Exchange (LFE) revolutionizes fans' frenzy by adopting Blockchain technology. The startup based on Stellar (XLM) combines fan databases with the speed of the Stellar network. Holders of XLM can now invest in professional football clubs via LFE.
Extend the Stellar network with LFE
LFE is thinking of transforming the levels of fan engagement, while pushing merchandising, ticketing and football broadcasting to the next level for sports fans.
It aspires to bring together developers and the public, promoting the use of Stellar as a payment method and global currency.
The Stellar will also have the opportunity to increase its user base , which could possibly boost its price. In parallel, LFE will facilitate access to streaming and reruns of football matches. She would organize the meeting of the players and their admirers.
The scope of the LFE is expected to extend into the Stellar network in the near future. The startup has signed a partnership with lightyear.io, a set that plays a central role in creating applications on the Stellar ecosystem.
Football investors should meet the untapped LFE audience. The investment of supporters would stimulate the promotion of existing and future talent. It would promote the development of world-class facilities, particularly in developing countries.
Ben Leigh , a founding partner of LFE, said:
"LFE's mission is to provide the world of football with the best technological and financial solutions. Together, LFE and Stellar are the perfect match to transform the fan experience while introducing millions of loyal football fans to Blockchain technology through speed, interconnection and efficiency. "While the market and LFE exchange service are powered by its native token (LFE), the latter would use the Stellar network for payments and rewards in the world of football.
Boris Reznikov, the director of partnerships at lightyear.io, added:
"We look forward to working with the London Football Exchange to bring the benefits of Blockchain technology to the global football community, with a new and powerful force in the democratization of access to value. The revolution in football finance has begun. "
The Stellar on Kingdom Trust Exchange
The Stellar is listed on the Kingdom Trust Exchange crypto-bourse: a big boost for the XLM. This South Dakota cryptocurrency exchange has about 10,000 customers in its digital wallet. It manages more than 12 billion dollars in cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Gold (BTG) and Litecoin (LTC).The support of a regulated platform, in terms of virtual currency exchange, should attract the attention of institutional investors, especially in the lucrative space of the football market.
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