The popularity of football and the million-dollar contracts of football players could not fail to attract traders. New football market – What will it be like?
Football players’ contracts as a commodity.
Dollar, pound, euro, yen? Oil, gold, diamonds? What else is traded in the stock markets? Players! That’s what, according to Football INDEX and Gold-i, is one of the most promising products. To create a football trading platform, these two companies decided to merge. The platform, which has received a license in the UK, is supposed to help traders buy and sell football players’ contracts. The new market will apply blockchain technology and digital currency. The start of the project is scheduled for spring 2017.
Conditions for participation in the market.
According to the company, anyone who wishes to work in the football market must have a MetaTrader license. Prices in the market will be determined by demand, and the supply of liquidity promises to be handled first by the company itself, and soon by other intermediaries.
What are the prospects of the project?
The football market has the prospect of attracting many fans from all over the world. It is not the first year that many brokers have created football partnerships. The value of football players’ contracts is constantly changing as a result of their personal growth or regression. Such factors create good prospects for attracting a new audience to the market.
