Manama: Zamzam Token, the first Arabian Islamic Cryptocurrency, signed a groundbreaking deal for the Kingdom of Bahrain with the Bahrain Football Association to mint their own NFTs, marking the first year for the Shaikh Nasser “Excellent” Tournament as a special one.
The agreement was signed by Bahrain’s Football Association’s Vice President Shaikh Ali Bin Khalifa Alkhalifa with founder/ CEO of Zamzam Hamed Fakhro.
The initiative aims is to enhance user experience and participation as NFT collectibles are minted and dropped for each team.
Initially the extremely limited drops will be auctioned to the first 10 lucky supporters to snatch them up (per team). As the season progresses special matches, players, events, and highlights will also be minted and sold or gifted to the lucky recipients (man of the match, best goal, etc).
“This agreement aims to increase fan interaction with their teams, as we reach out to attract the younger generation, as well as demonstrate that Bahrain remains on the forefront of innovation among global trends. We will also be introducing prizes in matches as we continually enhance our national league which has always stood out in the region. It’s always a pleasure to work with such a talented team and company,” Shaikh Ali Bin Khalifa, said.
“It’s an honor to sign with our national league, it cements Zamzam as Bahrain’s sweetheart. Bahrain is small, but always a giant in its accomplishments. As we lead the Arabian Cryptosphere, we recognize the significance and importance of representing Shaikh Nasser’s Excellent Tournament, as His Highness has demonstrated to the world that leadership is all about courage, innovation, talent, and spirit. We will encapsulate his ideals and ensure this project is a resounding success.” He added “For Bahrain to beat the world to the punch is also an honor, as the first Football league to mint and deploy their own NFTs. We take the challenge very seriously and are excited to be a part of it,” Hamed Fakhro, added.
Zamzam Token minted its first Sharia Compliant Token in November 2021 and has a huge fan base internationally. Their Sharia’h board is led by Shaikh Nidham Yaquby with members Shaikh Osama Bahar and Shaikh Abdullah AlKhaldy. All their products are Sharia compliant, and the company has surpassed $1 billion in trades.
