Argentine Football Association Launches Its Own Cryptocurrency for Virtual League
A few days ago, the Argentine Football Association officially announced the launch of its own cryptocurrency for its virtual league. AFA virtual coin is an ERC20 token that runs on the Ethereum blockchain. The league has allocated $ 1 bln and plans to sell each token for the dollar.
According to the official FAQ, AFAVC users will be able to transfer the token to any exchange, company, government or private person with an ERC20-compatible wallet. The Federation also said that the leading cryptocurrency exchanges list the AFAVC as soon as possible.
Image courtesy of Bittimes
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