With blockchain, security and trust are achieved in various ways. Storing fresh blocks begins by keeping them in chronological and linear order.
The popularity, emotional intensity, and unpredictable nature of football make it one of the most popular games in the world. A world cup is the most popular sporting event in that discipline, and it is among the most numerous. As a first-time host of the 2022 FIFA World Cup championship, fans, tourism agencies, and betting agencies can make a lot of money this year as FIFA expects over 5 billion people to watch the games.
“Crypto tokens” refer to a unit of measurement for cryptocurrencies and a store of value. Tokens are fungible assets or utilities that are traded on their respective blockchains and stored on those blockchains.
In addition to their use in crowdfunding, cryptocurrency tokens may also serve various other purposes. To create, distribute, sell, and circulate these tokens, an initial coin offering (ICO) is commonly used, along with a form of crowdfunding.
Qatar World Cup Crypto Lusail Token
Fans will be able to access the world of cryptocurrency football thanks to the Lusail token distribution that promotes the Qatar World Cup 2022, which was developed to combine the sports of football and cryptocurrency. Lusail token is a digital asset that allows people to build their own digital currencies. The Lusail token works with embedded safety and security provided by the Binance Smart Chain Blockchain.
Because the project is based on the Binance Smart Chain, this technology guarantees full transparency of the volume and trading of the digital asset, along with traceability and immutability.
There have been significant investments in professional football by cryptocurrency firms and platforms over the last couple of years. What makes Lusail special is the founders do not own nor harvest any of the tokens. This prevents price manipulation. The number one priority of the Lusail token is to promote tourism in Qatar and distribute commemorative NFT digital assets.
Lusail Token For Fifa World Cup 2022
In the context of the Binance Smart Chain, LUSAIL is a meme project built on Binance’s platform. For football fans around the world and to celebrate the World Cup, this token is made for you. As the largest stadium in Qatar and host of the World Cup Finale, the project name was inspired by Lusail’s iconic stadium.
The goal of the project founders is to create an atmosphere that captures the excitement of the most exciting football matches and serves as a financial medium (or store of value) for investors, fans, and tourists.
Additionally, the Lusail token founders provide unique 2022 World Cup NFTs that are stored on the blockchain and can be publicly traded through secondary markets.
Qatari law and religious decree strictly prohibit all forms of gambling, yet many locals make exceptions to the rules during the World Cup. The majority of citizens, including even the most devoted Muslims believe wagering on the World Cup matches is a unique way to support their countries, teams, and their favorite players. Similar to the popular digital meme currency Dogecoin named after a dog, the Lusail token ($Lusail) was named after the second largest city of Qatar and is widely used by bettors worldwide to circumvent local Qatari betting restrictions.
LUSAIL Binance Blockchain
Many important World Cup events, including the final match, will be held at Lusail Stadium, the largest football (e.g., soccer) stadium in Qatar. In addition to using the Binance blockchain, the LUSAIL team has partnered with leading blockchain companies, including CoinGecko, PinkSale, Pancakeswap, and CoinMarketCap.
The founders of the Lusail token are planning on releasing NFT art, which is similar to printed football or baseball cards. Those who invest or partake in the project are incentivized by having the option to win a free vacation to Qatar, including usage of a presidential suite in one of the 11 luxury hotels surrounding the stadium, as well as box tickets to the World Cup final to be held in the city of Lusail.
When all the games are concluded, and the winning team at the Lusail Stadium raises the winning trophy, the Qatar World Cup will not just be remembered for hosting the games but also for the digital tokens and NFT art residing on the Binance blockchain.
Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.