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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.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
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.
full member
Activity: 1025
Merit: 100
PredX - AI-Powered Prediction Market
I think having a binance sponsor in lazio football club, is one of the attractions of binance, and a stepping stone to be able to influence the price of binance in the future, but I think if binance can cooperate with other big clubs in the english league, spain, Germany, France and Italy, then the opportunity to grow taller is very wide open.
sr. member
Activity: 1610
Merit: 294
www.licx.io
The world of sports has many places in people's hearts, especially football. however, I'm not sure how much of an impact it will have on BNB prices going forward as the current economic climate doesn't inspire much confidence for crypto prices as a whole, but let's hope there's room for growth regardless. Sponsorship is not something that is discussed openly with the public, so we'll have to see how it goes. The only way it might actually go up is if more people start buying BNB from places like exchanges, which I very much doubt is likely to happen immediately because of this one minor event.
legendary
Activity: 3318
Merit: 1128
Binance goal to become a sponsor certainly cannot be separated from their goal to promote binance to be bigger,  I think the impact on the promotion will probably have an impact on BNB, although not too significant, because after all Binance goal is not only to form a partnership to promote increasingly making them famous, but behind that they also want BNB to be able to grow, increase or decrease in the price of bnb be influenced by the volume of transactions that occur in the market, but with this collaboration I think it will affect many people to find out what it is real binance, so that in the end people will know firsthand the relationship between binance with BNB,  and in the end people will try to buy bnb in the market thereby increasing the volume of demand in the market.
I am not so sure that exchange sponsorship should be that much impactful when it is this little. Look at crypto.com, they have sponsorships all around the world, Lakers, F1, premier league, they have so many places that they have sponsored right now and it didn't work to make them bigger than Binance.

It did however helped them grow bigger, if we are comparing it to just how big they were and how bigger they are right now then it worked perfectly, but not bigger than binance. This shows the power of sponsorships, it means it can't make a place "that" big, it makes it big, but Binance is already at the top so I do not know how much they need it.
full member
Activity: 1130
Merit: 133
for mid term his sponsorshib have several effects :
1. add binance's expsure at Italia espcially for Lazio fan.
2. this exposure will attract some fans or supporter curios about binance background and what binance is.
3. maybe some of them will interested investing in crypto market and use binance as decentralized exchange.
4. mid term price due massive growth user from this supporter will bring positive impact to bnb price.
sr. member
Activity: 2422
Merit: 357
Binance sponsored with the tactical move.They hired huge amount of big brain for the project.So they doing the digital marketing and it’s one of the digital marketing.This will increase the users of the BNB.Surely the price of the BNB will increase to the very high value.So if you had the BNB,just hold it to get huge amount of the profit.
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.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
Binance sponsored with the tactical move.They hired huge amount of big brain for the project.So they doing the digital marketing and it’s one of the digital marketing.This will increase the users of the BNB.Surely the price of the BNB will increase to the very high value.So if you had the BNB,just hold it to get huge amount of the profit.
sr. member
Activity: 812
Merit: 254
Leading Crypto Sports Betting & Casino Platform
Binance have been acquiring partnerships in major sports league last year which didnt have any effect on the price of BNB, i really dont see any big price movement with these new sponsorship also.

They also sponsored a Argentinian pro team but that didnt get any big effect. Probably its just Binance building connections for its business relations and not for the token valuation.
Binance goal to become a sponsor certainly cannot be separated from their goal to promote binance to be bigger,  I think the impact on the promotion will probably have an impact on BNB, although not too significant, because after all Binance goal is not only to form a partnership to promote increasingly making them famous, but behind that they also want BNB to be able to grow, increase or decrease in the price of bnb be influenced by the volume of transactions that occur in the market, but with this collaboration I think it will affect many people to find out what it is real binance, so that in the end people will know firsthand the relationship between binance with BNB,  and in the end people will try to buy bnb in the market thereby increasing the volume of demand in the market.
legendary
Activity: 2660
Merit: 1074
Well it always depends on the demand in the market, however if afterwards the BNB price increased then it means investors are buying their token. but for me in my view, that's sponsorship on Lazio is not all about their token which is the BNB itself, wherein surely its all about exposure for their platforms and since BNB is the currency of binance of course there will be an impact as well.
There are investors that actively buying the coin and there existing traders of binance and they need bnb to use inside the platform so there is no way to tell if the increase is caused by the sponsorship or not. The bull market has also not started. People will think that increase is because of the sponsorship but the truth is it's only because of the bull run.

The binance trading platform is the one that is being promoted and not the bnb coin. If ever someone gets curious and visits it, they will see tons of cryptos, they can buy some of those cryptos. The promotion is helpful to boost the price of other coins, not only bnb. I like this move done by binance.
member
Activity: 1103
Merit: 76
Binance have been acquiring partnerships in major sports league last year which didnt have any effect on the price of BNB, i really dont see any big price movement with these new sponsorship also.

They also sponsored a Argentinian pro team but that didnt get any big effect. Probably its just Binance building connections for its business relations and not for the token valuation.
sr. member
Activity: 1876
Merit: 318
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

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.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
As a club sponsor, Binance has put the label right. Be it Lazio club or whichever club Binance will sponsor later. Because usually in addition to attracting sympathy and interest from fans, other investors who are interested in soccer clubs will inquire more about Binance. As for the impact on the price of BNB, I think it's still far away because what is written on the club shirt logo is an exchange where people will choose more coins they like. These can be BNB, BTC, ETH, and the coins available on Binance itself.
hero member
Activity: 2282
Merit: 505
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
full member
Activity: 910
Merit: 100
Of course it does, but it's probably not too big of a deal. For example, I think the most beneficiary side is the Lazio side. With the current popularity of Binance, there must be a really big influence. The resonance that will affect the price will be more obvious. For example, cooperation with the top teams, I'm sure it will have a much easier impact.
That's true because each of the top teams has a very large number of communities and fans so it can provide a bigger buying push also in the market which can be a very good thing for both parties and will certainly also be mutually beneficial. profitable in the future.
More precisely like that because with the sponsorship cooperation between Lazio and Binance it will be equally profitable,
In addition, Binance's entry into sports, especially football, has become another impetus for other exchanges to follow Binance
member
Activity: 889
Merit: 60
Well i guess they know what they are doing. I never understood these fan tokens but they are probably releasing NFTs as well. What ever keeps the brand floating and people aware of it.

If you don't increase the price directly, this will at least introduce Binance to Europe which will gradually strengthen the Binance price and increase the transaction value.

Binance is well known in Europe.
member
Activity: 1708
Merit: 13
KUWA.ai
If you don't increase the price directly, this will at least introduce Binance to Europe which will gradually strengthen the Binance price and increase the transaction value.
sr. member
Activity: 2016
Merit: 283
Well it always depends on the demand in the market, however if afterwards the BNB price increased then it means investors are buying their token. but for me in my view, that's sponsorship on Lazio is not all about their token which is the BNB itself, wherein surely its all about exposure for their platforms and since BNB is the currency of binance of course there will be an impact as well.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
Binance sponsorship does so many impact to the price of token. In my opinion if this can be called as big thing for lazio caused by we know that binance was the biggest exchange site right now, The partnership has been triggering the price to go up a lot. This is how binance effect is.
BNB will not get any impact from this sponsorship. Binance was also creating more partnership with various team that has potential to give more awareness about binance.
sr. member
Activity: 811
Merit: 250
Of course it does, but it's probably not too big of a deal. For example, I think the most beneficiary side is the Lazio side. With the current popularity of Binance, there must be a really big influence. The resonance that will affect the price will be more obvious. For example, cooperation with the top teams, I'm sure it will have a much easier impact.
That's true because each of the top teams has a very large number of communities and fans so it can provide a bigger buying push also in the market which can be a very good thing for both parties and will certainly also be mutually beneficial. profitable in the future.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
Binance looks active as advertising on several side from sport team at Lazio until last event on last Grammy Awards edition, I hope with Binance most active advertising with cryptocurrency get good respond from the world how to adopt bitcoin and altcoin as legal currency payment at the future although is not easy. But looks serious with Binance how to build good respond and looking for investor interested with cryptocurrency, keep continues with Binance advertising actually on several football team will give effect for BNB price and commonly will have potential bitcoin and altcoin touch higher price later.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
Of course it does, but it's probably not too big of a deal. For example, I think the most beneficiary side is the Lazio side. With the current popularity of Binance, there must be a really big influence. The resonance that will affect the price will be more obvious. For example, cooperation with the top teams, I'm sure it will have a much easier impact.
hero member
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I see this is old news, in 2021, I think it is new news but it is wrong,
if you ask whether the partnership with Lazio has any effect on Binance? in terms of price?,
the answer you should know, YES! In the past, the price of Binance in 2021 was only $20, look now, more than $300 for 1 BNB,
of course everything Binance has done has had a good impact on the price, congrats Holders
Keep in mind and re-read in the news you find outside it happened in October 2021 yeah but the price of bnb at that time was above at the current price, even early q1 the price was above $40 not $20. Even in the past if it is related to this news the increase in price of bnb because was dominated by bitcoin soaring, so the news of this partnership is indeed old but when compared to now it is actually going down Tongue.
sr. member
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The OGz Club
I see this is old news, in 2021, I think it is new news but it is wrong,
if you ask whether the partnership with Lazio has any effect on Binance? in terms of price?,
the answer you should know, YES! In the past, the price of Binance in 2021 was only $20, look now, more than $300 for 1 BNB,
of course everything Binance has done has had a good impact on the price, congrats Holders
jr. member
Activity: 560
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Of course there will be a marketing effect to increase people using Binance Exchange or BNB for crypto services. the increase in users of the Binance exchange and people adopting the use of BNB will have an effect on the price of BNB. the more BNB holders from the european region will have a positive impact on the price. most importantly, the Binance logo will be promoted every Lazio match, looks simple but has a strong marketing effect and it benefits for both.
sr. member
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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

If the marketing specialists from Binance were not convinced that signing the advertising contract with Lazio would bring them great benefits, they would definitely not do it.
Of course, Binance itself is more interested in simply acquiring new customers as exchange users. However, the number of Binance users (if not directly then indirectly) obviously affects the BNB price. It is possible that it will not happen immediately and we will have to wait a bit for the effects, but it will certainly have a positive impact on the price.
hero member
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We should not expect the price hike from this news. I would like to call that as a sponsorship rather than merged. Merged means if lazio already acquired by binance exchange site but the fact that if it's only the way for binance to make a sponsor on the lazio club. I personally think if this doesn't give any impact to the price of binance coin otherwise binance was boosting the price of lazio token and from this case we do know that how big the impact from the binance to boost the popularity of fan token that owned by lazio.
So, just see this as a sponsorship rather than merger between club and exchange site
hero member
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I am now seeing the perspective of Binance growing not just its own token but also the whole market itself through supporting other projects that they've been doing already.
Not just with brand deals and sponsorships outside the crypto market because they've been also acquiring companies and that's for their own good.
full member
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HELENA
no, it's like tezos at Manchester United. since they became sponsors there has been no effect on the price, but Tezos is becoming more well known. this will also apply to binance(BNB), the price of the coin will not increase rapidly but the impact is that their branding is more developed. binance will benefit from the promotion side.
sr. member
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This is a good deal for Lazio than it is for binance, really Lazio maybe a solid Italian team, but they don't have the amount of audience binance needs, but for what Lazio would get from it is much first the $35 million for two years I good money and also this would help them with their fan token.
It's good to see crypto exchanges are going into sports, I think that with time bigger sport teams would start to fly the brand of crypto.

Indeed the Lazio club is not as bright as other clubs such as AC Milan or Juventus but the steps taken by Binance by sponsoring Lazio I think it is right,
slowly the exchange of Binance and others will enter the world of sports and this is good for both,
Let's wait for the next development of crypto in sports
member
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binance is sponsoring lazio for sure to increase their exposure especially in the Italian region ... with the increasing exposure of binance in the region, this will bring potential users to the binance platform,,, but still the price of bnb depends on demand and current crypto market conditions ,, they are sponsors for lazio in my opinion it doesn't really have a significant impact on the price of bnb
full member
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This is a good deal for Lazio than it is for binance, really Lazio maybe a solid Italian team, but they don't have the amount of audience binance needs, but for what Lazio would get from it is much first the $35 million for two years I good money and also this would help them with their fan token.
It's good to see crypto exchanges are going into sports, I think that with time bigger sport teams would start to fly the brand of crypto.


Exploring sports by crypto companies is also a good deal as sports industry has a wide-range of audience, from young to old folks. They have no age consideration. I agree, that the deal will do good more on Lazio rather on binance. But at the end of the day, it is still a win-win situation for both of them. Additional customers maybe for binance as well as more people believing on holding lazio fan token because it is listed in binance. They are both benefiting from this partnership so for me all good. The effect on BNB may not be seen but it will just add to more partnership of binance to sports industry.
hero member
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This is a good deal for Lazio than it is for binance, really Lazio maybe a solid Italian team, but they don't have the amount of audience binance needs, but for what Lazio would get from it is much first the $35 million for two years I good money and also this would help them with their fan token.
It's good to see crypto exchanges are going into sports, I think that with time bigger sport teams would start to fly the brand of crypto.
sr. member
Activity: 1036
Merit: 311
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
copper member
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https://bit.ly/387FXHi lightning theory
Forbes links to a Reuters article about the $30m deal being about sponsoring merchclub shirts.

The fan token is probably placed where it should be unless it does something innovative or gets pumped by people) like other coins have).
hero member
Activity: 966
Merit: 620
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
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