Socios.com invests $100M to accelerate Web3 innovations for FC Barcelona #togrp7

Socios.com is investing $100 million in Barca Studio for a 24.5% stake and aims to accelerate blockchain, non-fungible token (NFT), and digital assets innovation for FC Barcelona. Barca Studios was launched in 2019 as the club’s platform for creating and distributing video and audio content. Web3 projects from Barca Studios will launch on Chiliz Chain 2.0 (CC2), a Layer-1 blockchain designed for the sports and entertainment industry. With CC2, sports brands will be able to mint NFTs and Fan tokens for use across DeFi products and Play2Earn games.#togrp7