Join Our Telegram channel to stay up to date on breaking news coverage
World Cup viewers and football supporters are often interested in new tokens and NFTs – we review the dos and donts when it comes to buying crypto for World Cup season.
The World Cup is starting to bring in more investors across the globe into the crypto industry, and of course with World Cup being completely global this is massive in terms of the overall exposure for crypto but there’s a lot of different kind of binance smart chain projects also launching at the moment, that you should avoid because there’s high risk of them being rug pull. See our list of safe bsc tokens.
Find a full list of the best crypto projects during the World Cup in the video above, and don’t forget to subscribe on his YouTube channel for more crypto updates and reviews.
Kucoin Finds 35% of Soccer Fans Engage with Web3
According to a survey, 43% of soccer fans said they were interested in investing in sports NFTs, and 35% of those who were asked had already engaged in web3 by trading NFTs in the previous 6 months (presumably soccer-related). Even better, during the FIFA World Cup 2022 tournament, 48% of soccer supporters expressed interest in trading fan tokens for different sports team.
💰 @kucoincom finds 35% of soccer fans engage with #web3 ⚽️
The exchange also found 48% of #crypto investing soccer fans wanted to trade fan tokens during #WorldCup 2022.
Read more ⤵️https://t.co/AyZPyAXqMX
— Crypto Gambling News 🎲 (@cryptogamblingx) November 22, 2022
Best World Cup Crypto Projects that Could Pump During the Tournament
Chiliz (CHZ)
Chiliz is a currency option for blockchain-backed products & services geared towards mainstream consumers. We want to elevate everyday experiences – fan engagement in entertainment, alternative payment solutions for conventional products, and more. Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage and monetize their audiences.
Algorand (ALGO)
Algorand is both a digital currency and blockchain platform. The Algorand platform is designed to process many transactions quickly, similar to major payment processors like Mastercard or Visa. In addition, Algorand can host other cryptocurrencies and blockchain-based projects, making it a direct competitor to Ethereum. ALGO, the platform’s native currency, is used to secure the Algorand blockchain and pay processing fees for Algorand-based transactions.
Avoiding World Cup Crypto Scams
Avoid exposure to unverified new ‘shitcoins’ or meme coins, especially around the World Cup.
There’s one recent example named ‘Qatar, World Cup Token’ and many more – investing in fake World cup crypto tokens can lead to major financial loss. A lot of these binance smart chain tokens that get deployed on pancakeswap later completely vanish into crypto dust. Do not invest in a scam football token that hasn’t been audited or kyc’d.
Related
- Argentina’s Fan Token ARG Crashes 30% after World Cup loss against Saudi Arabia
- CHZ Chiliz Price Soars 11% – Time To Buy CHZ Before the World Cup Kicks Off?
- Cristiano Ronaldo is now Binance’s Crypto and NFT Ambassador
- Have Ronaldo and Messi Invested in Crypto and NFTs?
Join Our Telegram channel to stay up to date on breaking news coverage