It all would depend on the legal status of Bitcoin if Bitcoin regulated as a legitimate way to exchange money it is easy to enter such companies into the market.
I do not expect the trading platforms to replace the existing sponsors of the famous sports teams soon, but in the future will not stop on that.
this does not mean that Bitcoin advertisers will stop at gambling sites or mixing services, you can take this news as an example
It is not unlikely that we will find Cryptos' ads in the 2022 World Cup
Read more:
[1] GIBRALTAR FOOTBALL TEAM TO PAY ITS PLAYERS WITH CRYPTOCURRENCY
[2] This tiny football team buy a player with bitcoin
Similar topic: [3] Starbucks Will Accept Bitcoin For Lattes Later This Year
[4] Microsoft Partnership Allows You to Buy Your Coffee With Bitcoin
Topic: Cryptocurrency sponsorships in professional sports - page 3. (Read 325 times)
No, I don't think that they have the ability to match the money that is coming in from the traditional sponsors which are going to be the auto companies, financial sector, etc and so on and so forth. If the profitability is there, and these companies are able to match the funds which these other sponsors are giving out. I don't think this is going to be possible for crypto companies, as they don't have the type of profit during this growth stage to be able to match these other companies. So no, I don't think it's going to happen -- and if it does I don't see it having an impact.
This is really appealing news. This proves that the market of crypto currency is getting more and more popular day by day. Such sponsorships will make the crypto currency famous and the people will learn about this.
So, with the increased popularity of Bitcoin among investors and sports enthusiasts some professional sports teams and athletes have landed crypto sponsorships which I think is a great way of spreading the word about the crypto revolution worldwide. Elite sports leagues have a huge fan base and attract millions of viewers every year so the crypto industry as a whole can reach a lot of prospective crypto users all over the world. For example, football is probably the most popular sport in the world and the Premier League is one of the most watched championships and a Polish cryptocurrency exchange CoinDeal has opted to become jersey sponsors of the newly promoted club Wolverhampton Wanderers. Arsenal signed a deal with US cryptocurrency gaming platform CashBet Coin in January, too.
Some professional players are promoting crypto projects as well. Lionel Messi is advertising the world's first mass-produced blockchain phone,
James Rodriguez has issued his own cryptocurrency asset, and Eden Hazard and Sergio Aguero endorse a company making a sports industry blockchain.
For more information: https://www.businessinsider.com/crypto-sports-sponsorship-wolves-arsenal-2018-7
Do you think crypto companies are soon going to replace traditional sponsors like fiat casinos and sportsbooks or airline companies, car manufacturers etc.?
Some professional players are promoting crypto projects as well. Lionel Messi is advertising the world's first mass-produced blockchain phone,
James Rodriguez has issued his own cryptocurrency asset, and Eden Hazard and Sergio Aguero endorse a company making a sports industry blockchain.
For more information: https://www.businessinsider.com/crypto-sports-sponsorship-wolves-arsenal-2018-7
Do you think crypto companies are soon going to replace traditional sponsors like fiat casinos and sportsbooks or airline companies, car manufacturers etc.?
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