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Brazil’s Flamengo Partners with MoonPay to foray into Web3

05/12/2022
07/12/2022
08/12/2022

MetaVentures Bangkok 2022

Bangkok, Thailand
14/12/2022
27/02/2023

ICBM Expo

Dubai, UAE
03/03/2023
The Crypto Times - Latest and Crisp Crypto News

One of the key soccer groups in Brazil, Clube de Regatas do Flamengo , revealed on Thursday that they’ve partnered with MoonPay, to create a variety of web3 merchandise. MoonPay may also assist Flamengo leverage the NFT market to enhance its fan engagement. 

MoonPay’s CEO and co-founder, Ivan Soto-Wright, mentioned that, “NFTs and web3 technology have helped increase fan engagement and loyalty as well as create new revenue streams worth hundreds of millions of dollars for sports teams around the world.”

The collaboration reveals the approaching collectively of two well-known companies on a worldwide scale and signifies MoonPay’s entry into Brazil, the most important market in Latin America and the fifth largest market general.

MoonPay has been making efforts to enter the Brazilian Market for fairly a very long time. Recently Metamask built-in with Brazilian cost system Pix by way of Moonpay enabling  customers in Brazil to purchase numerous cryptocurrencies by MetaMask cell app.

Compiled by Coinbold

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