“Crypto” Sponsor IQONIQ Are Bankrupt Fan Coins Worthless Bayer Leverkusen, Crystal Palace, Monaco & More Lose Money & Deals

This moment of pure bliss is what got Kazim so interested in the sport. He also developed a love for boxing, rugby, and MMA, including his guilty pleasures – music and film. He also swore that Iqoniq’s almost valueless cryptocurrency tokens bought by fans would bounce back. IQONIQ’s financial woes have left the likes of Crystal Palace, Bayer Leverkusen and AS Roma without sleeve sponsors. Before becoming a sought-after app for all things sports, IQONIQ had to put in some elbow grease and secure its place in the competitive world of sports entertainment.


Idols and their fans can create incredible relationships, and through newsletters and posts, they maintain their precious bond. Following his idol’s every move, Kazim Atilla made a promise to himself. He made it his mission to provide a haven for sports and entertainment fans, a place for like-minded people to share opinions. Coinpaprika.com needs to review the security of your connection before proceeding. Needs to review the security of your connection before proceeding.

Like-minded fans were also meant to converse, engage with other people, clubs, or celebs. Iqoniq also rewards its users with engagement points which can earn tickets or merchandise by their favorite idols. Kazim wanted to produce a platform that can unite people in their adoration of sports and entertainment.

Kazim also plans on giving back to the community by growing the IQONIQ foundation. The charity will make sure that every child, no matter the background, gets a proper approach to sports. This was Kazim’s nod to his six-year-old self who never stopped believing in himself.


The good cause was heard from afar, and IQONIQ did garner some attention. The website offered the latest news and available chatrooms for debate-seeking fans. Some clubs reached out to partner with IQONIQ as well, and this meant more opportunities to connect with their idols. The first sign of recognition came in July of 2020 when IQONIQ raised a whopping €100M from Lux Media Investments.

Kazim spent a really long time traveling the world, pursuing his business plans. But, what Kazim missed the most while growing professionally, was participating in sports. The thoughts of his days of playing football were what kept https://cryptolisting.org/ him calm through the days of loneliness. There are a few crucial moments in Kazim’s life that took his motivation to another level. When he was a little child, just six years old, he was badly hurt in a near-death car crash.

It was during the pandemic that the platform saw most of its greater achievement when it suddenly became an app in everyone’s pocket. After the investment, IQONIQ formalized partnerships with the Euroleague Basketball, AS Monaco, North Carolina, Olympique de Marseille, and The Drone Championship league. Iqoniq also has deals with the McLaren Formula One team, EuroLeague Basketball, the European Handball Federation, and Essex County Cricket Club.

Iconiq owes Real Sociedad US$916,000 for their primary shirt sponsorship and Crystal Palace has started legal action over missed sleeve deal payments. Iqoniq’s liquidation that left several sporting organizations potentially out of pocket has fueled calls for greater regulation on cryptocurrency-related platforms. Olyseum is a blockchain-powered sports platform that rewards user engagement. But quoting from the Leverkusen announcement, released in July, i.e. months after most deals were announced, says all. The Germans have of course already moved on to the next flavor of the month crypto “project”, “Floki Inu”, which is down almost 90% from the all-time high on November 4, 2021. Crystal Palace, meanwhile, have recently announced a “Fan Token” partnership with Socios, another company in the space.


IQONIQ CEO Kazim Atilla said that “millions” of tokens had been bought and were now practically worthless, as quoted by JOE. Atilla claims that IQONIQ had not been liquidated and blames the coronavirus pandemic for his firm’s financial woes. IQONIQ, today has employees who work tirelessly on providing the latest and most entertaining news to satisfy every fanbase taste! Its headquarters are located in the beautiful city of Monte Carlo, but Kazim soon expects to expand across the globe. It took courage, strength, and striving to accomplish a successful startup like IQONIQ, but with strive and dedication to a certain goal, Kazim pulled through one more time.

Live Coin Watch

Sports speak a universal language, and there is no discrimination between like-minded people. IQONIQ had the goal to build a bond and bring like-minded sports enthusiasts together. However, the goal was to have fans engage with their idols as much as they can, and get the correct and instant news concerning clubs and celebrities.

Coupang launches Rocket Growth Fashion to step up its retail fashion business and compete with rivals such as Musinsa. Swedish PM Ulf Kristersson said he understood Turkey’s fight against terrorism while pledging to fulfill the security obligations to secure membership in NATO. Chiliz-owned Socios.com, an official partner to over 100 sporting organizations, including English soccer side Arsenal, welcomed Arsenal’s call for an independent review. CNN suddenly shuts its NFT marketplace, and collectors are now accusing the media firm of “rug pull.”

Gate.io crypto company signs deal with South Korea’s Busan for the development of blockchain infrastructure in the city. 💡 You’re a corporate or investor and looking for startups that are innovating in the same market as What is Iqoniq? You will receive an email with instructions for how to confirm your email address in a few minutes.

LSports Data

Over the years, he partook leader positions in vertical markets such as financial services, real estate, retail, and healthcare. This made Kazim a beast of a businessman, a pure representation of global-mindedness. The Monaco-headquartered fan engagement platform had partnerships with some rights holders in soccer, including LaLiga, Real Sociedad, Crystal Palace, and Marseille. Nevertheless, Kazim did not abandon his opinions, nor did he keep his thoughts to himself.

It has a circulating supply of 0 IQQ coins and a total supply of 2.5 Billion. If you are looking to buy or sell Iqoniq, FMFW.io is currently the most active exchange. Cameo provides an online platform for fans to purchase personalized video shoutouts from their favorite athletes, celebrities, and social media influencers. It also offers a B2B feature where celebrities are connected with firms for advertising opportunities. The company was founded in 2016 and is based in Chicago, Illinois.

  • Like-minded fans were also meant to converse, engage with other people, clubs, or celebs.
  • This story highlights all the potential issues with crypto sponsors, which might be worse even than the already unpopular betting sponsors.
  • A place where they can buy, read, engage, and discuss with other fans or even their idols.
  • When he was a little child, just six years old, he was badly hurt in a near-death car crash.
  • It took courage, strength, and striving to accomplish a successful startup like IQONIQ, but with strive and dedication to a certain goal, Kazim pulled through one more time.

This was a sign that great sports come to an even greater fanbase. From then on, it was Kazim’s new goal to return to traveling and expand IQONIQ across the globe. In 2019, after years of gathering information on how to prosper in the industry, Kazim launched IQONIQ in Monte Carlo, Monaco. IQONIQ is a fan-based platform, welcoming sports and entertainment fans to engage, converse, and discuss with each other and their idols. During his time traveling across the globe, Kazim entered many fields in the industry. He rotated positions a lot and was constantly on the move for greater projects.

His plans include focusing on global growth and forming new partnerships with as many clubs, celebrities and representatives as he can. His idea of togetherness and becoming one with the idol is what formed an entire community behind IQONIQ. IQONIQ is a new fan engagement platform that exclusively targets the sports and entertainment world.

His injuries rendered him unable to move for a very long time, and he was told that he might never have the opportunity to play sports again. Despite the doctor’s advice, after months of practice, Kazim attempted to engage in some football. The IQONIQ FanEcoSystem price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. As reported by The Times, Real Sociedad, another team that had a deal with IQONIQ, are still owned €820,000 and have opened legal proceedings. Having signed deals with dozens of sports teams all around Europe, it’s safe to assume that the company are owing several millions. After a few short years of the accident, Kazim won Dutch Football Champion.

Professional Services

And when they get it, the content is often only one-way and detached, leaving many fans unfulfilled and wanting more. By combining all the modern-day features of fandom into a single platform, IQONIQ provides fans with a unique fan club, which offers an all-in-one, game changing solution. IQONIQ is a new fan engagement platform that exclusively targets the “Sport & Entertainment world”. IQONIQ is a fan engagement platform made for fans of sports and entertainment.

His dreams of having his opinions listened to gave rise to a whole platform dedicated to eager fans. Kazim is also negotiating with a few major football clubs from the Euroleague, as well as from the field of cricket, rugby, and motorsport. Insidersport.com needs to review the security of your connection before proceeding. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.

To check IQONIQ FanEcoSystem’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission. Buyers use our vendor rankings to shortlist companies and drive requests for proposals .

Add a Comment

Your email address will not be published. Required fields are marked *