Dynamo Kyiv to launch its own cryptocurrency

Ukrainian football club Dynamo Kyiv is ready to launch its own cryptocurrency to increase revenue and attract more fans, according to US blockchain company Moonwalk, which is helping Dynamo with the project.

The club will give fans digital money — the so-called “tokens” — as a reward. To earn tokens, fans can play games where they have to predict the outcome of a given event. Another way to get digital money is to comment, like and share Dynamo’s posts on social media websites like Facebook or Instagram, Moonwalk said.

Dynamo Kyiv fans outside the U.S. could start using digital money in early 2021, according to the company.

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Topics: Cryptocurrencies, Payments & fintech
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