Kadena Companions With Croatian Soccer Federation, ERC-20 Fan Token Migrates from Polygon

Enterprise-grade blockchain platform Kadena and the Croatian Soccer Federation (HNS) have introduced a four-year partnership to present Croatian nationwide staff followers “a seamless digital fan engagement expertise.”

Notably, in line with the press launch, for the reason that partnership lasts by means of 2028, it should embody a number of huge international soccer occasions. This contains the 2026 FIFA World Cup and 2028 UEFA Euro Cup.

Established in 1912, the Croatian Soccer Federation (Hrvatski nogometni savez, or HNS) is the governing physique for soccer on this EU nation. It holds a key position in organizing, managing, growing, and selling the extremely profitable and in style nationwide staff.

HNS President Marijan Kustić commented that HNS goals to make sure “the event of Croatian soccer for the longer term, aligned with traits not solely in sports activities but additionally in society as an entire.” That is notably te case amongst soccer fanatics and Croatian nationwide staff followers.

“The world of fan experiences is evolving as quickly as new applied sciences like cryptocurrencies and synthetic intelligence change into a part of our on a regular basis lives, and we’re retaining tempo with and furthering this improvement by means of our VATRENI undertaking,” Kustić mentioned.

In the meantime, Kadena was based within the US in 2017 by Stuart Popejoy and Will Martino. They created JP Morgan’s first blockchain in 2016 and served on the US Securities and Fee (SEC)’s Crypto Committee. With its good contract language Pact, it presents instruments for constructing developer-friendly blockchain purposes that handle real-world wants, the staff mentioned.

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VATRENI Migrates from Polygon to Kadena

The Kadena-HNS partnership allows entry to VIP experiences and introduces high-visibility activations. Nevertheless, it should additionally see the migration of the HNS ERC-20 fan token, VATRENI, from Polygon to Kadena through the Kinesis Bridge.

The press launch mentioned that that is the “migration of one of many first EVM-based tasks to the Kadena ecosystem with the introduction of Kadena’s upcoming Chainweb EVM know-how.”

In the meantime, HNS launched the Vatreni loyalty token (named after the nationwide staff, ‘The Fiery Ones’/’These of Hearth’) in January 2022. This transfer opened up a wide range of unique advantages and experiences, in addition to new merch and on-line challenges.

The Vatreni coin at present trades at $0.5412, having gone up 8% in a day. It’s additionally up 26% in a month and 42% in a yr.

It hit its all-time excessive of $1 in November 2022, falling 45.92% since. However, it’s up 981% since its lowest worth of $0.05005 recorded in July 2024.

VATRENI all-time worth chart:

“The purpose with the [VATRENI] token is to push the boundaries of conventional fan engagement alternatives of the previous and introduce extra of a future-focused fan expertise,” mentioned Joel Woodman, Kadena’s Head of Partnerships.

“We’re trying ahead to working with our companions to combine a wide range of new know-how into the Croatian Soccer Federation ecosystem together with AI instruments, digital experiences, and customized activations, bringing a wholly new dynamic to the fan expertise,” he added.

In the meantime, HNS previously announced VATRENIX, which it described as a sophisticated digital assortment that mixes digital and bodily merchandise in a futuristic story, however the staff has not offered a launch date but.

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