Football club FC Barcelona has decided to cancel a marketing deal with NFT marketplace Ownix. However, the Catalan team still plans to launch an NFT collection next week on the same platform. The decision is said to be linked with the arrest for fraud of Moshe Hogeg, an Israeli cryptocurrency tycoon, who is said to have ties to the Ownix marketplace.
C Barcelona cancels deal with NFT marketplace Ownix
Famous football team FC Barcelona is taking a step backwards in non-fungible tokens (NFTs). The club has decided to cancel a marketing contract with NFT platform Ownix.
According to some media, the reason given is the arrest of an Israeli, Moshe Hogeg, for alleged fraud. Founder of the Blockchain Research Institute, he is considered one of the most prominent people in the cryptocurrency world in the country.
⚽️ Ownix wanted to kick the ball, but kicked the BALLS
FC Barcelona cancelled a marketing deal with non-fungible token (NFT) marketplace Ownix on Thursday.
The cancellation followed the arrest earlier Thursday of Israeli crypto mogul Moshe Hogeg
NO BAAAAALLLLNFT Ownix pic.twitter.com/a9kNeMtiE9
– Moni Talks – Crypto Gem Media (@moni_talks_xyz) November 22, 2021
Or, Hogeg is said to be involved in the Ownix marketplace, which runs on the Ethereum blockchain. Ownix implicitly confirmed the information by terminating the consulting services provided by Moshe Hogeg’s company.
This decision comes as FC Barcelona is set to launch its first NFT collection on the Ownix platform on November 24. The launch is not expected to be affected by the cancellation of the marketing contract between the Catalan club and the platform.
C Barcelona remains involved in NFT
Moshe Hogeg is an important person within the digital assets and blockchain sphere in the country. It seems that the Catalan club has refused to be associated in any way with his name.
However, at present, the auction of Barça’s NFT collection on Ownix remains open. These NFTs represent photos and videos of the 122 year old Barcelona club, whose market value has suffered since Lionel Messi left for Paris Saint Germain. The player has his own collection of NFTs.
Barcelona has been involved in crypto-assets since June 2020. The release of its BAR token had actually been a huge success as all the tokens were sold in less than two hours.
FC Barcelona cancelled their contract with NFT marketplace Ownix after their Isreali owner was arrested for crypto fraud, sexual offenses and other criminal activities. cryptonews fcbarcelona nft pic.twitter.com/1K2eyoKg7X
– BullBear (@BullBearGame) November 20, 2021
