As the world awaits the world cup finals, football fanatics are anticipating the return of club level football and Stellar (XLM) has a deal waiting for them. XLM holders can now invest in professional football clubs through LFE. The London Football Exchange (LFE) and Stellar have announced a partnership that promises their fans of a better experience in the popular sport. This comes at a time when XLM listing on kingdom Trust exchange.
London Football exchange is a unique outfit that is set to transform the professional engagement levels but embracing the Stellar ecosystem transactions speeds and take merchandising, ticketing and broadcasting to the next level that will discern the sport lovers.
Stellar vision is to enable developer create financial apps that will bring users together to pursue common goals. Working with LFE is part of their agenda and tapping into global football fan base is a surefire way of turning Stellar and XLM into a global currency and a household brand.
London Football Exchange Value Addition to Stellar (XLM)
LFE is riding on blockchain on the Stellar ecosystem and allows its user to invest in football clubs and this will give Stellar a big boost in its bid to increase its user base and add value to XLM. On their part, LFE will facilitate football streaming and broadcasts, organized for fan tours and player meet-ups among others.
Plans are underway to expand the LFE ecosystem on the stellar network. This will consist of a LFE exchange and marketplace. The LFE outfit has also partnered with lightyear.io, an outfit that plays a pivotal role in the creation of apps on the Stellar ecosystem.
LFE has a huge unexploited audience and through Stellar network, it will bring football investors to stake on the two entities. Fan investment concept will boost the promotion of existing and upcoming talent as well as develop world class football facilities especially in developing countries and this will give Stellar an opportunity to be adopted at the grassroots level.
Making the announcement, Ben Leigh, the LFE founding partners said:
“The LFE’s mission is to bring the football world the best in cutting-edge technological and financial solutions. Together LFE and Stellar make the perfect match to transform the fan experience while introducing millions of loyal football fans to the benefit of the blockchain technology through speed, inter-connectivity, and efficiency.”
Both the LFE marketplace and exchange are powered by their native token. This is a first of a king digital coin set to power football and the end goal is to come up with a seamless way to remit and make payments that ride on the Stellar network. The director of partnerships at lightyear.io, Boris Reznikov adds:
“We are looking forward to working with the London Football Exchange to introduce the global football community to the benefits of blockchain technology and a new and powerful force in the democratization of access to value. The revolution in football finance has begun.”
Stellar (XLM) Listing on Kingdom Trust Exchange
Getting listed on Kingdom exchange is a big boost for the XLM coin. This is a South Dakota regulated exchange and will expose the coin to more than10000 clients in its portfolio. The exchange offers custodial services and is currently managing over $12billion worth of assets.XLM will be trading alongside eight other digital assets including XRP, BTC, ETH, BTG and LTC.
This is a perfect match for Stellar Lumens as it seeks to connect XLM holders with other digital coin users. This is also a plus for the coin; by being added on a regulated exchange, it is set to attract the attention of institutional investors keen to play their trades in digital assets especially in the lucrative football market space.