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Brazilian Football Club Avaí to Launch Cryptocurrency, $20 Million ICO

Brazilian Football Club Avaí to Launch Cryptocurrency, $20 Million ICO

Just days after French soccer giant Paris Saint-Germain football club (PSG) announced its own cryptocurrency, complete with an initial coin offering (ICO), Brazil’s Avaí Football Club has come up with a similar plan. Announced Wednesday, Avaí FC has partnered with blockchain-based sports investment ecosystem SportyCo and football investment platform Blackbridge Sports to raise funds worldwide through the ICO, aiming to raise $20 million in the sale.

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