Crypto is very popular in sports

In today's stagnant cryptocurrency market, total transaction volume for Opensea, once a dominant player in the crypto and precisely the NFT industry, was in August less than its 24-hour record when the industry was booming.

All cryptocurrency companies are looking forward to growth and prosperity.

Meanwhile, with the World Cup in Qatar approaching, the price of digital fan tokens has skyrocketed.

According to CoinEx, a well-known crypto company that provides cryptocurrency trading services, over the past 30 days, LAZIO has risen 126.41%, SANTOS is up 178.88%, and PORTO is up 106%.

Regardless, crypto companies have made many moves in the sports industry.

According to Bloomberg, crypto companies have committed more than $2.4 billion to sports marketing in the past 18 months.

Today, let's check out which crypto players have sponsored sports events or organizations in 2022.

Early this year, Binance signed a 5-year sponsorship agreement with the Argentine national soccer team, covering the development of a new digital fan code.

On February 10, Terra partnered with the Washington Nationals, an MLB team, in a sponsorship agreement.

On February 17, Bitget Exchange announced its sponsorship deal with Turkish football club Galatasaray.

On March 4, Manchester City Football Club announced a global partnership with OKX, calling it the club's official crypto exchange partner.

On July 11, the two announced the extension of their current partnership.

On March 23, FIFA announced that Crypto.com, a cryptocurrency exchange platform, will become the official sponsor of the FIFA World Cup 2022 in Qatar.

On April 12, Bitget, a crypto derivatives trading platform, announced its exclusive sponsorship with PGL CS: GO Major Championship 2022 and PGL Dota 2 Arlington Major 2022.

On April 14, Jerry Jones, the NFL general manager for the Dallas Cowboys, announced that Blockchain.com would be the team's sponsor at a press conference.

Posted using Tribaldex Blog