Football Legend CR7 to be Eternal on Blockchain

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Football legend CR7 to be eternal on Blockchain

• The football season that ended recently was the
  source of innumerable advertising contracts
  around the world. From mobile phones to cars and
  online services, everyone wanted to use the world
  cups popularity to reach out to more potential
  customers. To jump on the football world cup
  bandwagon, CR7Coin was launched with a goal to
  immortalise Cristiano Ronaldo on the blockchain.
  Lets take a look at what this coin stands for
  and how it is related to the football superstar.

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Origin of CR7 Cryptocurrency

• CR7 is a marketing term owned by Cristiano
  Ronaldo, and references his initials and shirt
  number, meaning Cristiano Ronaldo 7. In February
  a new ICO announced its arrival CR7Coin. Since
  its announcement, its marketing has centred
  around one individual Cristiano Ronaldo. The
  goal is to immortalize Cristiano Ronaldo on the
  blockchain. It is not exactly clear how they aim
  to achieve this, but they have revealed plans to
  build a blockchain-based marketplace with
  CR7Coins used as the main currency.

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• Even though their marketing is trying to ride off
  the wave of Cristiano Ronaldos popularity, they
  have been careful to issue disclaimers like the
  following on their website. CR7Coin is not
  owned, operated, endorsed by, or otherwise
  affiliated with Cristiano Ronaldo, CR7 trademark
  or any other organization owned and operated by
  Cristiano Ronaldo or any of his affiliates.
  According to the CR7 website, apart from being on
  the pitch, they want Cristiano Ronaldo (CR7) to
  be part the day-to-day activities of his loyal
  fans. To this end, they will build a marketplace
  for football, and sports-related goods were
  CR7Coin will be used as the currency.

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• They plan to build a football network to connect
  aspiring football players and agents. They plan
  to partner with football merchants and platforms
  to accept CR7Coin for payments. So, as it stands,
  the website only features generic promises for
  partnerships and other facilities in the future
  similar to many of the other blatant cash grab
  schemes in the cryptocurrency space. It appears
  that CR7Coin has no relation to Cristiano Ronaldo
  and is infringing on the copyright of the CR7
  label. Due to its decentralised nature, however,
  it would prove difficult to implement a ban on
  its distribution. Cristiano Ronaldo is almost
  certainly completely unaware of his endorsement
  of this cryptocurrencies.

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