Gibraltar National has its own division, Gibraltar Premier Division. It consists of semi-pro teams playing against each other. Created in 1905, it has a total of 10 teams in the division.
They recently announced an agreement with Quantocoin, stating they will pay their players with this new ICO’s Coin. Gibraltar would be the first national team to pay players in crypto.
Pablo Dana, the new club owner is an avid investor in crypto and has decided to take a new approach to paying his players. This is one of the first times a national sports team has embraced crypto publicly. Dana believes that crypto is a revolutionary product that will change the sports industry and has said so publicly on his twitter.
This is a huge step toward crypto adoption. This is a perfect use case for teams who want to pay their players in Bitcoin rather than traditional fiat, as some owners already have heavy investments in crypto.
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