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Crypto Exchanges Backing Away from Sports Spending as Crunch Continues


  Crypto firms are reportedly scaling back their spending on sports-related advertising and sponsorship as winter continues to bite in the markets. Many crypto companies – including Crypto.com and Coinbase – have responded to a sharp drop in crypto prices and trading volumes by announcing they...

Chelsea Secures First Crypto Shirt Sponsor in USD 24M Deal


  Shortly after the UK seized the club from sanctioned Russian oligarch Roman Abramovich and a group of investors paid GBP 2.5bn (USD 3.1bn) for his shares, Chelsea FC is teaming up with digital asset investing platform WhaleFin under a shirt sponsorship deal for the next season. The deal...

Crypto Sports Sponsorship Moves into Fast Lane with OKX F1 Deal


  The crypto industry has stepped up another gear in its race to win the hearts, minds, and some money of sporting fans the world over. Following the news that Crypto.com will be one of the main sponsors of the World Cup in Qatar later this year, the crypto exchange OKX has announced that it...

Red Kite Partnering with Evermoon to Lend IDO & Marketing Tools


Red Kite recently announced a partnership with Evermoon, a feature-rich MOBA game using blockchain technology. The collaboration will see Red Kite promoting Evermoon’s marketing and IDO activities. Both ventures will join forces to develop and promote the project in the crypto market. As a P2E MOVA...

Guy Buys NFT For $2.9 Million, Asks for $48 Million, Is Offered $3600


Sina Estavi is a “crypto entrepreneur”, who last year bought a digital token representing Twitter founder Jack Dorsey’s first ever tweet. He paid $2.9 million for it, and this month sought to make good on his “investment”, putting it up for auction with an expectation it could net him $48 million....

Messi Inks USD 20M Deal in Another Crypto Marketing Effort


  Argentine professional footballer Lionel Messi has signed a deal worth over USD 20m to promote digital fan token company Socios.com in another sports-crypto marketing effort. As part of the deal, Messi will be involved in a promotion campaign for Socios in the 2022 FIFA World Cup, which...

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