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Criptoro Will Tokenize the Sports Industry Worldwide

2 mins
Updated by Shilpa Lama
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The Spanish company will finance its project of the tokenization of the sports industry through the ICO of its cryptocurrency Criptoro Coin (CTRO). The digital economy promotes the exchange of assets between people quick, cheap, and without intermediaries, making users become their own bank. Criptoro, a young Spanish company, will start on October 1, 2020, the public sale of its Token Criptoro Coin (CTRO), with which it will finance its ambitious project of tokenization of sports clubs, as well as the adaptation of these to the new global technological standards. Thanks to this, ICO investors from all over the world will be able to acquire the CTRO Token (Criptoro Coin), with which the token-holders could later benefit from the potential revaluation of this utility token sustained by the exponential growth that the company expects. Criptoro, has already initiated talks with several sports clubs at the European top-level. For example, the company has already reached an agreement with Movistar Inter FS to develop and customize an app for the club and articulate this platform around CTRO. As stated by the CEO of Criptoro, Jesús Sánchez-Bermejo, “Sports institutions, by their extraordinary dimension and being recognized worldwide will find ways of financing beyond their borders.” That is exactly what the crypto project, through its platform Dapp Sport, will do by organizing the tokenization and the issuance of private funds from these huge institutions worldwide. This will strengthen their sporting projects and help them get at the economic forefront of the next decade. The inevitable process of the tokenization of the sports industry involves new forms of decentralized and private funds, as well as a market of exchange between the cryptocurrencies of the sports clubs themselves interacting in a global market. Anyone who can see this today will dominate tomorrow. For more information, visit the official Criptoro portal here.

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BeInCrypto Team comprises a diverse group of experienced journalists, analysts, and crypto enthusiasts dedicated to delivering the latest news, insights, and analyses in the...
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