Blockchain has had a significant impact not only on technology, but also on sports.
Leagues and franchises from all over the world are joining the cryptocurrency revolution using blockchain technology.
Not only for buying tickets and merchandising, but also for sponsorship, company tokens and even games based on them.
These are just a few examples. You can read about the advantages of using cryptocurrency in various situations at this link.
PREMIER LEAGUE
Cryptocurrencies are now accepted by many companies for ticketing and merchandising in general, but not only.
For example, Watford Football Club recently expanded their sponsorship deal with Sportsbet.io (a cryptocurrency-only sports betting platform), which includes the bitcoin logo on the sleeves of the club's jerseys. This move will create a broader understanding of bitcoin among fans and the general public.
Thus, this is an annual agreement for the entire 2019/2020.
Speaking about the new development, Sportsbet.io Head of Marketing Justin Le Brock said: “Our partnership with Watford marks an important breakthrough in the world of traditional sports sponsorship and by adding the Bitcoin logo, we hope this first partnership will create even more. hype around cryptocurrencies"
Watford Football Club Chairman and CEO Scott Duxbury also spoke about the Bitcoin logo deal. According to Duxbury: "Putting the Bitcoin logo on a Premier League jersey is something that defies the norm. We are excited about the partnership and the potential of new global technologies to help our club."
ad hoc during the season for its members if Watford have achieved certain goals (e.g. scoring a goal on the first matchday, etc.).
In January 2018, Arsenal Football Club entered into a partnership agreement with iGaming CashBet to promote the new CashBet Coin token. This collaboration was reportedly the first of its kind between a major football club and a cryptocurrency platform.
In addition, seven Premier League clubs (Newcastle United, Southampton, Leicester City, Tottenham Hotspur, Crystal Palace, Brighton and Cardiff City) have agreed to try Bitcoin by creating virtual currency wallets. in partnership with eToro.
Cryptocurrency exchange platform Coindeal has also partnered with Wolverhampton Wanderers football club, becoming one of the club's main sponsors. In July 2019, the digital currency exchange renewed its sponsorship with the English club and celebrated the renewal by giving away its crypto token. Also check: Never cross paths with these 5 unlucky items
Newcastle United have partnered with cryptocurrency trading platform StormGain to feature StormGain logos on the sleeves of their T-shirts. Fans can participate in lotteries to win tickets, matches and other prizes to raise awareness about the use of cryptocurrencies.
NFL
The Litecoin Foundation, in partnership with the NFL's Miami Dolphins, has adopted Litecoin as the official ticketing cryptocurrency.
Specifically, the agreement between the Miami Dolphins, Litecoin and Aliant Payments will offer those who normally attend the games the ability to pay for the purchase of 50/50 team lottery tickets with Litecoin, with half of the earnings in question going to the Miami Dolphin Foundation and numerous charities. who see him as the main character.