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Topic: Will Binance sponsorship on Lazio affect BNB price?? (Read 298 times)

sr. member
Activity: 1701
Merit: 308
With the sponsorship with Lazio, there will be a slight increase that will occur in the bnb value of course, especially sports is one of the most influential branches around the world, especially in football matches, apart from Lazio fans, other parties will also have an effect if there are transactions in payments at the club using BNB then a big impact will definitely occur.
full member
Activity: 1946
Merit: 112
Binance, the world's leading crypto currency exchange company that was birthed in 2017 has fast gained credence since it's inception. BNB founder, Changpeng Zhao who created high frequency trading software has looked to spread his crypto inventions into the sports industry and have partnered with the Italian outfit, S.S Lazio.
 Lazio are thrilled to have this partnership as they stand to earn big from the deal as it will rake in a whooping $35 million and is expected to run for at least two years. This deal also will help to boost the Lazio coin market value which is at $7.67 and their capitalization.

As a result of this merger, should we expect a price hike? https://www.forbes.com/sites/danieleproch/2021/10/14/serie-a-club-ss-lazio-strikes-35-million-sponsorship-deal-with-crypto-exchange-binance/?sh=1ee9462b24c3

As practice shows, each major partnership agreement has a positive effect on the development of a particular platform. I believe that the Binance platform is no exception and may well benefit from a partnership with Lazio. As for the BNB coin, there can also be positive developments here, which means that the price of BNB can go up, unless, of course, the crypto market brings a number of unexpected surprises. But in general, I consider this partnership agreement an excellent factor for strengthening Binance and BNB in ​​the market.
sr. member
Activity: 1890
Merit: 252
The OGz Club
The effect will be little to none, Lazio fans in Italia is quite big, but not the biggest. In Europe only few people now Lazio even the football fans might only ever heard of them once or twice. And Serie A league is not at their best time lately. But for a start for binance for sponsoring soccer team, Lazio is not bad option, next time Binance should consider a premiere league team.
Indeed, if we look at the achievements, Lazio lost to big Italian teams like Juventus and Inter Milan.
but apart from that, I think Binance has made the right decision by sponsoring Lazio, moreover the supporters are also no less numerous,
I hope so and maybe it's just a matter of time for Binance because the premier league has its charms
sr. member
Activity: 1582
Merit: 279
PredX - AI-Powered Prediction Market
I think it will have a big impact on bnb prices, because currently there are many people who already know the crypto world so that Lazio fans will definitely have a big influence with the sponsorship, if binance can develop mita in the field of sports then the achievement of the highest value in BNB will definitely happen in the near future, but we must know that all need a process and BNB has indeed become a coin that is interested by many investors.
sr. member
Activity: 2338
Merit: 365
The fan token is probably placed where it should be unless it does something innovative or gets pumped by people) like other coins have).
If this tokens were used majorly as gate fees to the stadium with subsidized price for fans paying with the Lazio token it will definitely cause a high demand which inturn will cause the price to surge higher. If the fan token just remains dormant it won't have much relevance and as such will struggle to appreciate
I wonder until now, why the fan token was not made as a ticket purchase by the club that launched the fan token, surely it would make the price of the fan token go up...

S.S Lazio is one of the biggest football clubs in the world, with millions of fans, when they launch fan tokens, it makes them have other additional income from crypto, and cooperation between lazio and binance will be full of profit for lazio. For the price of BNB, it looks like it will have an effect even though the effect will be small.
sr. member
Activity: 1624
Merit: 339
https://duelbits.com/
Of course This will have an effect on the current BNB value, to expect the current BNB decline I think is very difficult, because there is very much support from other parties who want to develop the project, if later the club sponsored by BNB can pay them using digital currency then I believe the value of BNB will definitely continue to increase, so with the support of the sports field, the BNB network will be wider and will continue to be interested by many people.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
The effect will be little to none, Lazio fans in Italia is quite big, but not the biggest. In Europe only few people now Lazio even the football fans might only ever heard of them once or twice. And Serie A league is not at their best time lately. But for a start for binance for sponsoring soccer team, Lazio is not bad option, next time Binance should consider a premiere league team.
full member
Activity: 1848
Merit: 158
They are both profiting from this association so for me completely fine. The impact on BNB may not be seen yet it will simply add to more association of binance to sports industry. I for one suppose on the off chance that this gives no effect on the cost of binance coin in any case binance was supporting the cost of Ctsi token and from this case we in all actuality do know that how enormous the effect from the binance.

As others have mentioned, the impact may be on Lazio's price not on BNB price. But we can't ignore the chance that both will gain something from this partnership. Of course, binance are already getting the fees involve from Lazio's trading, right? So that alone, is already giving income to the trading platform. Whereas, Lazio is gaining good exposure under binance because of the liquidity that it can provide to the traders.
sr. member
Activity: 1428
Merit: 251
They are both profiting from this association so for me completely fine. The impact on BNB may not be seen yet it will simply add to more association of binance to sports industry. I for one suppose on the off chance that this gives no effect on the cost of binance coin in any case binance was supporting the cost of Ctsi token and from this case we in all actuality do know that how enormous the effect from the binance.
both lazio or binance have benefits from this sponsorship for mid term or long term. binance maybe get bigger advantages from lazio exposure around the world. more people spread this news more people will curious about binance and maybe undirectly it will bring them to cryptocurrency market.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
Lazio is the best football club in Italy, of course the effects of this collaboration will be seen later,
at this time Binance still doesn't look bullish because of this news,
but in the future we know that Binance is one of the best projects in the eyes of crypto money,
and the evidence is clearly displayed, calm down and hold on if you like BNB
You gotta go back and check your Serie A knowledge a bit more if you think that Lazio is the best club. Last time they won a championship was in 99-2000 season, yes you heard it right, it was the turn of the milennia when they last won the league.

I can easily say that they are not really that much cared at all, they are obviously not the worst team, but they are nowhere near the biggest team and at the top we have teams like Juventus, Inter, Milan, Napoli and so forth which would have been a better sponsorship if Binance could have convinced them. This is still not nothing though, I agree that there will be some positive returns from this for sure.
hero member
Activity: 1260
Merit: 504
They are both profiting from this association so for me completely fine. The impact on BNB may not be seen yet it will simply add to more association of binance to sports industry. I for one suppose on the off chance that this gives no effect on the cost of binance coin in any case binance was supporting the cost of Ctsi token and from this case we in all actuality do know that how enormous the effect from the binance.
full member
Activity: 529
Merit: 101
Binance, the world's leading crypto currency exchange company that was birthed in 2017 has fast gained credence since it's inception. BNB founder, Changpeng Zhao who created high frequency trading software has looked to spread his crypto inventions into the sports industry and have partnered with the Italian outfit, S.S Lazio.
 Lazio are thrilled to have this partnership as they stand to earn big from the deal as it will rake in a whooping $35 million and is expected to run for at least two years. This deal also will help to boost the Lazio coin market value which is at $7.67 and their capitalization.

As a result of this merger, should we expect a price hike? https://www.forbes.com/sites/danieleproch/2021/10/14/serie-a-club-ss-lazio-strikes-35-million-sponsorship-deal-with-crypto-exchange-binance/?sh=1ee9462b24c3
i think it will affect it in a positive way for sure, but it's going to take sometime, we're seeing crypto.com and binance making some big marketing so far but we're not seeing good results yet, but on the other hand crypto did not crash hard like we used to it after a bull run, crypto and NFTs getting attention by people following celebs and football teams did play a role in that i think.

Maybe the effect is not in the near future, but maybe it will have an effect in the future.
Hopefully there is good news for the crypto.com and binance markets so that there will be another bull run for BNB price increases going forward.
We have been waiting a long time for a change in the price of BNB like last year again.
full member
Activity: 1204
Merit: 100
Binance, the world's leading crypto currency exchange company that was birthed in 2017 has fast gained credence since it's inception. BNB founder, Changpeng Zhao who created high frequency trading software has looked to spread his crypto inventions into the sports industry and have partnered with the Italian outfit, S.S Lazio.
 Lazio are thrilled to have this partnership as they stand to earn big from the deal as it will rake in a whooping $35 million and is expected to run for at least two years. This deal also will help to boost the Lazio coin market value which is at $7.67 and their capitalization.

As a result of this merger, should we expect a price hike? https://www.forbes.com/sites/danieleproch/2021/10/14/serie-a-club-ss-lazio-strikes-35-million-sponsorship-deal-with-crypto-exchange-binance/?sh=1ee9462b24c3
i think it will affect it in a positive way for sure, but it's going to take sometime, we're seeing crypto.com and binance making some big marketing so far but we're not seeing good results yet, but on the other hand crypto did not crash hard like we used to it after a bull run, crypto and NFTs getting attention by people following celebs and football teams did play a role in that i think.
full member
Activity: 2086
Merit: 193
Lazio is the best football club in Italy, of course the effects of this collaboration will be seen later,
at this time Binance still doesn't look bullish because of this news,
but in the future we know that Binance is one of the best projects in the eyes of crypto money,
and the evidence is clearly displayed, calm down and hold on if you like BNB
The effect usually happened months after the news so we can expect more new money to come into Binance and when the market gets better, the price of BNB will start to rise as well. BNB is the best on its field, having this exposure can attract many users to try their platform and that could mean new money for the market, i always believe on BNB, and will hold it until it breaks the $1k barrier soon.
full member
Activity: 1110
Merit: 104
Lazio is the best football club in Italy, of course the effects of this collaboration will be seen later,
at this time Binance still doesn't look bullish because of this news,
but in the future we know that Binance is one of the best projects in the eyes of crypto money,
and the evidence is clearly displayed, calm down and hold on if you like BNB
member
Activity: 334
Merit: 10
Binance, the world's leading crypto currency exchange company that was birthed in 2017 has fast gained credence since it's inception. BNB founder, Changpeng Zhao who created high frequency trading software has looked to spread his crypto inventions into the sports industry and have partnered with the Italian outfit, S.S Lazio.
 Lazio are thrilled to have this partnership as they stand to earn big from the deal as it will rake in a whooping $35 million and is expected to run for at least two years. This deal also will help to boost the Lazio coin market value which is at $7.67 and their capitalization.

As a result of this merger, should we expect a price hike? https://www.forbes.com/sites/danieleproch/2021/10/14/serie-a-club-ss-lazio-strikes-35-million-sponsorship-deal-with-crypto-exchange-binance/?sh=1ee9462b24c3
I feel that Lazio will be more of a beneficiary. Since Binance is so popular in the crypto space, which we have seen when this news was so volatile, we can already expect Lazio to apply to many things related to crypto in the future.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
Binance, the world's leading crypto currency exchange company that was birthed in 2017 has fast gained credence since it's inception. BNB founder, Changpeng Zhao who created high frequency trading software has looked to spread his crypto inventions into the sports industry and have partnered with the Italian outfit, S.S Lazio.
 Lazio are thrilled to have this partnership as they stand to earn big from the deal as it will rake in a whooping $35 million and is expected to run for at least two years. This deal also will help to boost the Lazio coin market value which is at $7.67 and their capitalization.

As a result of this merger, should we expect a price hike? https://www.forbes.com/sites/danieleproch/2021/10/14/serie-a-club-ss-lazio-strikes-35-million-sponsorship-deal-with-crypto-exchange-binance/?sh=1ee9462b24c3
We've seen what's going on and it hasn't had any obvious impact on the price yet, I personally think Lazio will be the bigger beneficiary, as the strength of Binance can attract a lot of attention. Those who are interested in Lazio Smiley , times are changing as crypto makes the previous brands stronger.
full member
Activity: 899
Merit: 101
I never think if a sponsorship will be affecting the price of binance. Binance was paying to the lazio as a sponsor for its clue how in the hell this will be affecting the price of binance coin? in my opinion if people who are thinking like that didn't even understand what sponsorship means.
 Cheesy

It's so funny to see that if OP was thinking like that. It seems he was missing something about that. This is giving a good impact for lazio as it will have new supporters from binance and binance will get a promotion from lazio
maybe there is no direct effect with this partnership, but in my opinion binance doing right thing now with this strategy. more exposure will come to binance especially and for cryptocurrency commonly, as world class football club lazio has large number of fans and ofcouse much of them didnt know about binance or cryptocurrency. when they see this binance logo in jersey ,i am belive some of them will curious with this. undirectly they will trying to find what of this.from curious and learning maybe they will trying to invest in crypto market, and this is the final goal of this partnership.
sr. member
Activity: 1876
Merit: 318
I agree with you, Binance sponsoring Lazio will not have a big effect on the price of BNB in the market. Because Binance's goal of sponsoring Lazio is
to get people to get to know the Binance exchange and try to use it. Perhaps the effect will be to increase the number of visitors to the Binance platform,
there is a possibility that the number of new users will also increase. While the price of BNB will not be so affected by Binance sponsoring Lazio,
to make the price of BNB go up of course they have to promote it in a different way. So if someone buys BNB because they think the price of BNB will
pump up after Binance becomes Lazio's sponsor, that's wrong thinking.
I think that Binance already has a strategy in place about the benefits of sponsoring Lazio, so there's no way they're paying a fortune if there isn't careful consideration of sponsorship decisions to the point of millions of dollars. In addition, crypto.com is also actively sponsored in sports, especially the UFC. Then the more platforms sponsoring big teams, the more support from the public will be and they will be willing to be part of the new community in crypto.

I'm sure the promotion team from Binance must have their own calculations as to why they want to sponsor Lazio's football team. Moreover,
Binance became Lazio's sponsor for 3 years worth 30 million euros, and that in my opinion the value of the promotion contract is very large,
indeed there is a reason Binance finally made Lazio their choice for promotion. I agree with you Binance probably has a long term plan,
which will allow Binance to reap many benefits in the future. After Bitcoin's popularity increased, it has indeed become a trend for crypto platforms
to start promoting in the sports world. I think Binance's promotion is quite effective, because we know football is the most popular sport in the world,
so if Binance started promotions at Lazio it would be the right decision. I'm sure what Binance is doing, other exchanges might follow suit as well.
More and more crypto platforms are promoting in the world of sports, more and more people will start learning about crypto. This is very good
for the future development of the crypto industry.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Binance wont enter into a deal that they will not benefited on that, so technically this partnership can be a big thing in the future and yes it can affect the price of BNB.

Good partnership always aim for the best result, BNB is very aggressive on marketing their platform and even if they are the top crypto exchange right now they didn’t stop marketing the exchange because they know, many are still not into cryptocurrency.
I am pretty sure that they have presence in Italy, if not for anything else they have it everywhere. But, I would focus on a few other nations before I focus on Italy to be fair. If you look at nations that use crypto a lot compared to population number, places like east European nations (Ukraine, Balkans etc) Russia, India, Turkey, USA all look like they have a good rate.

Aside from that the only aim is to get Italians who might be using some other exchange to check out binance and use that instead. This is it, just get people to invest using crypto. Maybe there are some local exchanges they could beat out, they did that in some other nations.
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