Block Chain

NFL Announces to Host 2024 Draft in Detroit, Seeking Blockchain Sponsorship Deals

National Football League (NFL) announced Monday that the NFL 2024 draft shall be held on April 24 at Matthews Campus Park in downtown Detroit, and started looking for blockchain sponsorship offers this week.

Currently, groups are nonetheless banned from cryptocurrency sponsorships. However, NFL golf equipment are allowed to search blockchain sponsorships by means of platforms like Coinbase and FTX.

Reportedly, the income from NFL’s sponsorship has been reached almost $2 billion in the 2021 season, and sponsorships associated to the blockchain business in the subsequent season will exceed final yr’s complete sponsorship quantity.

The attainable offers might entice a number of companions to increase the enterprise improvement, rights together with the NFL’s “official digital wallet” and “official blockchain” companions, mentioned NFL chief income officer Rennie Anderson.

In a bid to commemorate the return of the League to Los Angeles in greater than 30 years, the NFL is about to reward digital commemorative tickets in the type of non-fungible tokens (NFTs).

Rennie Anderson referred to as NFTs an “endless opportunity” and mentioned the NFL remains to be studying the know-how.

“I think we’ll learn a lot about the use cases about how it can transform our future,” Anderson mentioned.

Crypto seems enticing to athletes as nicely. As reported by blockchain.News on November 23 final yr, NFL star Odell Beckham Jr has turn into the most recent high-profile athlete to settle for his remuneration in Bitcoin from his crew Los Angeles Rams.

Image supply: Shutterstock

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