FC Barcelona’s Web3 Expansion: An In-Depth Analysis of the Latest Investments

CryptoMode FC Barcelona Web3 NFT

FC Barcelona, a notable Spanish soccer giant, recently secured a robust €120 million investment ($132 million) for its Web3 venture, named Barça Vision. This substantial capital injection originates from Libero Football Finance AG and Nipa Capital B.V.

Transaction Details and Strategic Partners

Diving into the deal’s specifics, FC Barcelona relinquished a 29.5% ownership in Bridgeburg Invest. This entity acts as the guardian for Barça Vision. In return, the club gained the coveted capital injection. Essentially, Barça Vision is the team’s ambitious endeavor to intertwine all its digital narratives with Web3 and blockchain.

Furthermore, its blueprint includes innovations like NFTs and the expansive metaverse. All these advancements spearhead FC Barcelona’s aim to establish a digital “Espai Barça.”

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Libero, an influential player in the financial realm, is a publicly-traded entity in Germany. Its primary role? Advising soccer clubs on intricate financial intricacies. On the other hand, Nipa Capital operates as a venture capital powerhouse anchored in the Netherlands. Notably, this transaction awaits the green light from FC Barcelona’s shareholders, eyeing a closure in the final quarter of 2023.

FC Barcelona & Blockchain: A Budding Relationship

Flashback to February 2020. FC Barcelona inked a pivotal alliance with the Chiliz blockchain. This partnership’s fruit? The creation of Ethereum-backed FC Barcelona Fan Tokens (BAR) resonates with the team’s sprawling fanbase. Fast forward to August 2022: Chiliz announced its acquisition of a 24.5% stake in Barça Vision, marking a whopping $100 million deal.

May saw FC Barcelona’s foray into the NFT arena, collaborating with Plastiks. This inaugural “Unleash Your Passion” collection paraded 3,000 animal-centric NFTs. Each priced at a modest $30, the club’s noble endeavor aims to use the proceeds in an eco-conscious drive, targeting the removal of a staggering 35 million kilograms of plastic from our ecosystem.

But the NFT milestones didn’t halt there. July 2022 witnessed the club auctioning its premier NFT, the “Masterpiece #1 In A Way,” at Sotheby’s New York. The final gavel? A jaw-dropping $693,000. This success was closely trailed by “Masterpiece #2 – Empowerment” which found a new home on OpenSea for $300,231 in June 2023.

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