The sports world has been buzzing this year with new endorsements from cryptocurrency projects. Here are some of the top partnerships announced this year.
Cryptocurrency projects have been aggressively expanding this year and one area which may prove to be key is the world of sports. Indeed, sports fans and cryptocurrency investors have much in common. From tickets to memorabilia to content, the sports industry could find itself amidst something of a ‘crypto-revolution’ if the momentum keeps up.
Just in 2019 alone, there have been multiple high-profile cryptocurrency collaborations with major sports teams.
- StormGain recently announced they would be the sleeve sponsor for the English Premier League team Newcastle United. The historic team will be sporting the StormGain logo on their sleeve for the first match of the season against Arsenal on August 11th.
- Litecoin recently announced it has been chosen to be the “official cryptocurrency” of the American football team the Miami Dolphins.
- Another English Premier League club, the Wolverhampton Wanderers, has an ongoing deal with cryptocurrency exchange CoinDeal which began for the 2018-2019 season. It will be renewed for the upcoming season as well.
- NBA team the Cleveland Cavaliers formed a partnership with the cryptocurrency exchange UnitedCoin last month and was able to advertise at their home games.
- Portuguese football club Benfica began accepting cryptocurrency payments for tickets and merchandise this past June.
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Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
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