Topic: Cryptocurrency sponsorships in professional sports (Read 325 times)
If cryptocurrency gets involved in sports it'll help develop the market,especially sports like football with a large audience and unending fans,itll serve as a medium of advertisement for the blockchain technology
I think this types of initiative will help the market because it is a marketing based on this many people can know about this market and they may motivate to invest in market so investing on sports sponsorship is brilliant idea.
This is really great! As a sport fan myself, I am really glad hearing about this big news! This really proves that cryptocurrencies are being embraced by millions, especially by the big companies all over the globe. Sooner or later, everyone will recognize cryptocurrency's dominance.
for the players it is a great and cheap way to advertise)
I think what cryptocurrencies like bitcoin should focus on primarily is building the underlying infrastructure for mass adoption, and once this is in place traditional financial institutions and companies will advertise that they accept bitcoin and other cryptocurrencies.
I have 0nly heard that football players are getting paid by bitcoin in one team in Gibraltar. That's all.=) That is the actual level, unfortunately.
That is really a good news and its one of the finest way of creating awareness. You and i know that sports is life and many individuals follow various sporting activities. Hoping it spread to other disciplinary and not only soccer, boxing, swimming, rugby, tennis etc. Very soon we will be buying our football matches tickets with BTC 
Cryptocurrency in sports this will be a good news because many new peoples who are connected with sports they also want to know about cryptocurrencies and crypto market will get new investors. many Other sports and club will be interested for crypto currency market. in future we can see players will get their fee in bitcoin and peoples will pay ticket money via cryptocurrency.
Hello!!!
I do not think it's that simple !!!
Being able to become an electronic money sponsor in sports certainly goes through a lot of censorship and security policies!
I thought it was a hard thing !!!
I do not think it's that simple !!!
Being able to become an electronic money sponsor in sports certainly goes through a lot of censorship and security policies!
I thought it was a hard thing !!!
If the financing of cryptos in professional sports requires that the tournament organizers or other interested parties understand the cryptos market. Moreover, this funding needs to be passed on to governments. But how are the players competing professionally? This is indeed not possible, because cryptos are not common in the world, with only a few to the world's average known cryptos.
I do not know about Wolwes' sponsor. But I know and support Arsenal's sponsor CashBet. Cashbet has done hardcap but the price is very low right now.
I think that the players like pop stars, like all the popular. so do not take it so seriously
Well, the Bitcoin/Bitpay bowl didn't last too long. It was supposed to be for years and then flaked out after one year.
If I were a sports team I would demand all of the money up front if it was a multi year deal. No telling when most of these businesses are going to disappear in a puff of unicorn fart.
And why is no one sponsoring esports? That's a natural audience, not that I understand why anyone watches other people playing video games.
If I were a sports team I would demand all of the money up front if it was a multi year deal. No telling when most of these businesses are going to disappear in a puff of unicorn fart.
And why is no one sponsoring esports? That's a natural audience, not that I understand why anyone watches other people playing video games.
E-sports teams are primarily sponsored by computer hardware manufacturers as the hardcore PC games enthusiasts strive to have the latest cutting-edge hardware and a lot of professional gamers have deals with such tech companies like Intel, AMD, Gigabyte, ASUS etc. Also, energy drink companies and focus-enhancing gaming drink companies sponsor popular PC gamers also known as influencers who have a huge following on the streaming platform Twitch. E-sports is a huge business nowadays and some tournaments like League of Legends and Dota can have massive prize pools. I think I have even heard of elite football teams like Dortmund creating their own e-sports team.
I reckon crypto companies are here to stay and it's only a matter of time before we see more crypto sponsorships popping up.
Do you think crypto companies are soon going to replace traditional sponsors like fiat casinos and sportsbooks or airline companies, car manufacturers etc.?
They have a lot of capital and and has provided substantial funds to a team that their chooses. Moreover, their products can be used freely without any burden to use by society. So as to say cryptocurrency going to replace traditional sponsor it's not impossible for sure, if soon what we expect. This way,
if Bitcoin regulated as a legitimate way to exchange money it is easy to enter such companies into the market.
It will make bitcoin and cryptocurrency can be well received by each management to become a sponsor and attract all society to use it. Over and over the reason for the regulation will be slightly inhibited the development of bitcoin to be well received for everyone.
From my point of view its a very good news. Crypto expand their market in every where. Now the popularity is reach the top level so its very natural that crypto sporsor the professional sports. It will create positive image through the people
From my view it’s awesome initiative . It will make crypto market more popular. This type of sponsorship take crypto in another level. Sponsorship in popular sport will engage many things in this market in future.
Crypto sponsorship is a new no new news in Crypto-world. When first reading about it I was very wondered. Crypto sponsorship, as well as Sports ambassadorship for ICOs, really help spread the talks and benefits about crypto-currencies throughout the world amongst billions of people associated with sports. This is a great fact.
There are many ICO projects created for the purpose of sponsoring professional sports. If these ICO projects are successful, I believe that large companies will use these coins to fund professional sports.
Yes, slowly but sure. Cryptocurrency is the efficient way to transaction, gamble, and much other things that you can do without the government touch.
Cryptocurrency sponsoring major sports team would be the next big thing. Who knows, what would happen when they created a sports team.
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