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February 1, 2022
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Argentina and Uruguay create a cryptocurrency dedicated to polo

Argentina and Uruguay create a cryptocurrency dedicated to polo

The Chukker Polo Token, the world’s first cryptocurrency dedicated to the sport of polo and that tIt will also allow transactions of other products, born this Tuesday, February 1, from an alliance between Uruguay and Argentina.

According to information provided to Efe by the company Metaverso Polo Game, creator of the only video game in the world dedicated to this sports specialty, the Uruguayans José Ignacio and Juan Pablo Portela, together with the Argentine expert in “crypto trading” (operation with cryptocurrencies) Jonathan Maggi, developed Chukker by uniting their two passions: horses and technology.

In a clear nod to fans of this sport (since the ‘chukker’ is each one of the periods in which a match is divided), this coin “It will allow free trade within the world of polo, access to VIP experiences and the purchase of official products”, in addition to other transactions, the company reported.

polo products

“This crypto will not only allow you to buy sports-related products or services, but it can also be used to buy anything anywhere in the world, like any conventional crypto, as long as the person has an electronic wallet with Chukker tokens,” says Juan. Pablo Portela, CEO and co-founder of the Metaverso Polo Game.

According to his twin brother, José Ignacio Portela, CEO of fintech firm Soilag, Chukker ($CHK) security is powered by blockchain technology, so that “there is no intermediation in the operations, which reduces friction and costs” and “it is very difficult to ‘hack'”.

In the opinion of the creators, “the idea is that the use of the currency expand throughout the world” from their country, Uruguay, which, with this project, “is at the forefront.”



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