What major sports are paying athletes in crypto?
Athletes are slowly becoming more and more interested in contracts paid out in crypto. What’s their reasoning and how does this impact the blockchain industry? After suffering significant losses due to issues stemming from the COVID-19 pandemic, the sports industry has turned to crypto to recoup its losses and help fans stay connected with clubs in today’s socially-distanced world.Over the past 18 months, countless deals and sponsorships have been reported between Web3 projects and sports teams, and if things go as planned, this might be just the tip of the iceberg for these two....
Related News
Imagine a week going by where the worlds of sports and crypto weren’t colliding. Leading the crossover headlines this week? The NFL is putting a hold on crypto and NFT engagement for athletes. However, while the league wants players to hold off, there are plenty of other athletes across various sports that are having some […]
Teams, leagues, and athletes across nearly every sports vertical you could think of are finding new partners with crypto firms. Each week, we bring a surface-level look at all things crypto and sports over the past seven days. Brooklyn Nets player Kevin Durant is forming a new investment vehicle. The UFC wants more, and is […]
What's factoring into the growing trend among professional athletes and sports teams to use bitcoin as a means of exchange?
Athletes and entertainers announcing new non-fungible token (NFT) releases have recently become a near daily occurrence. Sports agency Wasserman announced this week that several of their top-tier female athletes will be the forefront of a new NFT release, including US Women’s National Team star Megan Rapinoe and eleven-time WNBA All-Star Sue Bird. Wasserman titled the […]
Another stacked week in sports and crypto: Steph Curry has “ape’d in.” More college athletes are finding name, image and likeness deals with crypto-first companies. A former Manchester United player has been accused of crypto laundering. It’s just another busy week in the sports corner of crypto. Let’s take a look at all the action […]