In an announcement posted on July 30, cryptocurrency exchange Binance said it would support SSC Lazio (Italy) football club to issue season tickets in the form of NFTs.
In its latest announcement, the largest cryptocurrency exchange has announced that it will support Lazio club in issuing football tickets in the form of NFT.
This is the latest collaborative effort of Binance and Lazio after jointly issuing the LAZIO fan token and reaching an agreement to sponsor the team’s logo in 2021.
Lazio is also the first team in Europe’s top national championship to deploy the NFT ticket model on a large scale.
Users need to register for a Binance account, verify their identity and then purchase a single or season ticket of Lazio through this exchange NFT platform, users will own an electronic ticket, not just a replacement for the traditional paper ticket. system but also offers many other benefits such as discounts on souvenirs, discounts on tickets to the Europa League, rewards for fans with LAZIO tokens, and other preferential benefits.
Binance claims digitization of football tickets is one of the best applications of NFT and blockchain, optimizing data integrity and immutability to ensure no black market ticketing, making fake tickets, stolen or damaged, and time consuming verification.
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