Key facts
- Cardano's price rose 5% to a 24-hour high of $0.2544.
- FC Barcelona launched its Barça Fan Lab platform on Cardano.
- The platform was developed with technology partner Andamio.
- Barça Fan Lab is supported by Cardano's Catalyst Fund 13.
- Fans will use BarçaID to access the platform and create Cardano-based Web3 portfolios.
- The platform will feature collectibles, loyalty functionality, NFTs, and smart contracts.
Cardano's native token, ADA, experienced a 5% price increase, reaching a 24-hour high of $0.2544, following the launch of FC Barcelona's new Web3 fan platform, Barça Fan Lab. The platform, developed in collaboration with Andamio and supported by Cardano's Catalyst Fund 13, aims to transform fans into active participants in the digital realm.
Barça Fan Lab will allow supporters to engage with the club's history, identity, and values through structured learning pathways. Participants will earn verifiable digital credentials and can establish a Cardano-based Web3 portfolio to store these credentials and access tokens. The platform's content will cover topics such as club history, sustainability, digital communities, Web3 use cases including collectibles and NFTs, and responsible digital innovation.
The integration of Cardano's blockchain infrastructure by Andamio ensures that fan participation and actions are registered and verified. This development comes as Cardano's network infrastructure is undergoing upgrades, including preparations for the Dijkstra upgrade and Node 11.1.1, which involves removing older tracing systems and addressing Genesis operations, with future releases planned for Plutus V4 and nested transactions.