Cryptocurrency Lusail Based on Binance Blockchain
With blockchain, security and trust are achieved in various ways. Storing new blocks begins by keeping them in chronological and linear order.
Football’s popularity, emotional intensity and unpredictable nature make it one of the most popular games in the world. A World Cup is the most popular sporting event in that discipline and it is among the most numerous. As the first-time host of the 2022 World Cup, fans, tourism agencies and betting agencies stand to make a lot of money this year as FIFA expects over 5 billion people to watch the matches.
Cryptocurrency Tokens
“Crypto Tokens” refers to a unit of measure for cryptocurrencies and a store of value. Tokens are fungible assets or tools that are traded on their respective blockchains and stored on those blockchains.
In addition to their use in crowdfunding, cryptocurrency tokens can also serve various other purposes. To create, distribute, sell and circulate these tokens, an initial coin offering (ICO) is often used, along with some form of crowdfunding.
Qatar World Cup Crypto Lusail Token
Fans will gain access to the world of cryptocurrency football thanks to the Lusail token distribution promoting Qatar World Cup 2022, which was developed to combine football and cryptocurrency. The Lusail token is a digital asset that allows people to build their own digital currencies. The Lusail token works with built-in safety and security provided by the Binance Smart Chain Blockchain.
Because the project is based on the Binance Smart Chain, this technology guarantees full transparency of the volume and trading of the digital asset, along with traceability and immutability.
There has been significant investment in professional football from cryptocurrency firms and platforms over the past couple of years. What makes Lusail special is that the founders do not own or harvest any of the tokens. This prevents price manipulation. The number one priority for the Lusail token is to promote tourism in Qatar and distribute memorable NFT digital assets.
Lusail Token for FIFA World Cup 2022
In the context of the Binance Smart Chain, LUSAIL is a meme project built on Binance’s platform. For football fans all over the world and to celebrate the World Cup, this token is made for you. As the largest stadium in Qatar and host of the World Cup final, the project name was inspired by Lusail’s iconic stadium.
The aim of the project founders is to create an atmosphere that captures the excitement of the most exciting football matches and acts as an economic medium (or store of value) for investors, fans and tourists.
In addition, the Lusail token founders offer unique 2022 World Cup NFTs that are stored on the blockchain and publicly tradable through secondary markets.
Qatar’s law and religious decrees strictly prohibit all forms of gambling, but many locals make exceptions to the rules during the World Cup. The majority of citizens, including even the most devout Muslims, believe that betting on World Cup matches is a unique way to support their country, team and favorite players. Like the popular digital meme currency Dogecoin named after a dog, the Lusail token ($Lusail) was named after the second largest city in Qatar and is widely used by players worldwide to bypass local Qatari gambling restrictions.
LUSAIL Binance Blockchain
Many important World Cup events, including the final match, will be held at Lusail Stadium, the largest football (eg soccer) stadium in Qatar. In addition to using the Binance blockchain, the LUSAIL team has partnered with leading blockchain companies including CoinGecko, PinkSale, Pancakeswap and CoinMarketCap.
The founders of the Lusail token plan to release NFT art, similar to printed football or baseball cards. Those who invest or participate in the project are incentivized by having the opportunity to win a free holiday to Qatar, including use of a presidential suite in one of the 11 luxury hotels surrounding the stadium, as well as a ticket to the World Cup final to be held in the city of Lusail.
When all the matches are over, and the winning team at Lusail Stadium raises the winning trophy, the Qatar World Cup will not only be remembered for hosting the games, but also for the digital tokens and NFT art that resides on the Binance blockchain.
Disclaimer: the information herein is provided without regard to your personal circumstances and should therefore not be construed as financial advice, investment recommendation or an offer for, or solicitation of, transactions in cryptocurrencies.
