French club AS Monaco announced on Tuesday a partnership with Capital Block to develop NFTs (non-fungible tokens), marking the latest foray of a soccer team into the world of cryptocurrency and digital coins.
"This is a first for French football since AS Monaco will be the first club to work with an NFT consultancy, which will enable the Monegasque club to acquire an inside knowledge of the NFT market and thus create a successful and sustainable offering," said Capital Block CEO Tim Mangnall in a statement.
Last year, Paris Saint-Germain said Lionel Messi's signing-on fee would include some of its own cryptocurrency fan tokens.
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