Cryptocurrency is already starting to gain pace in sports as well, especially with the current NFT frenzy. Cristiano Ronaldo, a high profile soccer player, was given 770 tokens for each senior career goal scored. Based on the current market price, the total worth of the tokens is above $9 million.
Christiano Ronaldo Receives JUV Tokens for Career Success
According to Marca, a Spanish newspaper, the Juventus star player received 770 fan tokens (JUV) for each senior career goal scored. This was done in recognition of Ronaldo’s 770th record-smashing goal. This makes CR7 the first footballer to be rewarded with crypto tokens.
The football club, Juventus F.C., launched the JUV – a fan token – in 2019 on the Chiliz (CHZ) blockchain. JUV tokens will allow fans to participate in the different decision-making process of the club and as well as enjoy several benefits. Cristiano Ronaldo was awarded the tokens before the match against Benevento on Sunday to mark his career goal success.
Cristiano Ronaldo Gets $11,750 per Career Goal
The current price of the token is $15.26 and that makes the 770 tokens worth a total of $11,750. It’s no coincidence that the star received 770 tokens because that is the exact number of career goals Ronaldo has scored. This means that the total tokens for all his career goals are worth above $9 million based on the current price of the token.
Alongside the JUV tokens, Ronaldo was also presented with a Juventus jersey with the inscription G.O.A.T (Greatest of All-Time). Apart from Juventus, other clubs have also issued fan tokens on the Chiliz blockchain with Manchester City as the latest to join the bandwagon.
Marca’s report reveals that the total value of the JUV tokens on the Chiliz network is worth over $400 million. The blockchain’s native token, CHZ, has also risen in value since the beginning of the year. However, there are recent talks about other clubs paying their players in cryptocurrency.