Friday, February 3, 2023
  • Login
The Wealth Race
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT
No Result
View All Result
  • HOME
  • BUSINESS & FINANCE
  • STOCKS
  • PERSONAL FINANCE
  • MARKET RESEARCH
  • INVESTMENT
  • CRYPTO
    • ALTCOINS
  • BLOCKCHAIN
  • COMMODITIES
  • MORE
    • TECH
    • FINTECH
    • FOREX
    • STARTUPS
    • REAL ESTATE
  • HOME
  • BUSINESS & FINANCE
  • STOCKS
  • PERSONAL FINANCE
  • MARKET RESEARCH
  • INVESTMENT
  • CRYPTO
    • ALTCOINS
  • BLOCKCHAIN
  • COMMODITIES
  • MORE
    • TECH
    • FINTECH
    • FOREX
    • STARTUPS
    • REAL ESTATE
No Result
View All Result
The Wealth Race
No Result
View All Result
Home Crypto

FTX.US Partners with University of Kentucky Wildcats to Compensate Players

by TheWealthRace
November 4, 2021
in Crypto
0
Share on FacebookShare on TwitterShare on Email


Key Takeaways

  • Crypto alternate FTX.US has fashioned a partnership with the College of Kentucky Wildcats basketball crew.
  • The partnership won’t see gamers paid in crypto, however gamers will get entry to FTX’s debit playing cards and NFT providers.
  • FTX has fashioned numerous different sports activities and e-sports partnerships in latest months and gained naming rights to venues.

Share this text

Crypto alternate FTX.US has introduced a brand new partnership with the College of Kentucky Wildcats basketball crew. The deal contains gamers being paid a month-to-month stipend in U.S. {dollars} through FTX debit playing cards.

Wildcats Companion with FTX

The College of Kentucky Wildcats will now have the ability to monetize their title, picture, and likenesses (NIL) by way of a brand new partnership with FTX.US, the U.S. element of crypto alternate FTX. The athletes will act as model ambassadors for FTX as a part of the sponsorship association.

The appropriate of student-athletes to revenue from their very own NIL has been topic to contentious debate within the U.S. and has been considerably curtailed previously. Earlier this yr the NCAA voted to permit student-athletes to revenue from their very own NIL, reversing a long time of coverage, although solely within the wake of a latest U.S. Supreme Courtroom ruling that successfully compelled it to take action.

Gamers might be paid a month-to-month stipend in U.S. {dollars} through customized FTX debit playing cards. FTX may even enable the gamers to earn cash by creating non-fungible tokens (NFTs) on its collectibles market. That service went stay in October with help for Solana-based NFTs.

The athletes will act as model ambassadors for FTX as a part of the NIL sponsorship deal.

Avi Dabir, VP of enterprise improvement at FTX.US, mentioned that the corporate is “thrilled to work with gamers from probably the most profitable collegiate basketball applications within the nation,” and that the alternate will help in educating gamers about crypto.

A number of Sports activities Partnerships

FTX is among the many 5 largest crypto exchanges in operation. Over the previous 24 hours, it noticed a buying and selling quantity of $3.7 billion on its spot alternate and $16.2 billion on its derivatives alternate.

The alternate has spent greater than $350 million on sports activities partnerships. Lately, it gained naming rights to the previous American Airways enviornment in Miami and a soccer area on the College of California. It has additionally partnered with the MLB and the e-sports league TSM in latest months.

In different basketball information, the NBA has fashioned quite a few crypto partnerships. The professional league fashioned a partnership with crypto alternate Coinbase this October. It additionally labored with Dapper Labs to launch a collection of non-fungible tokens known as High Pictures.

In the meantime, NBA groups equivalent to Mark Cuban’s Dallas Mavericks have supported crypto independently.

Disclaimer: On the time of scripting this writer held lower than $100 of Bitcoin, Ethereum, and altcoins.

Share this text

The data on or accessed by way of this web site is obtained from impartial sources we consider to be correct and dependable, however Decentral Media, Inc. makes no illustration or guarantee as to the timeliness, completeness, or accuracy of any data on or accessed by way of this web site. Decentral Media, Inc. is just not an funding advisor. We don’t give customized funding recommendation or different monetary recommendation. The data on this web site is topic to alter with out discover. Some or all the data on this web site could develop into outdated, or it might be or develop into incomplete or inaccurate. We could, however aren’t obligated to, replace any outdated, incomplete, or inaccurate data.

You must by no means make an funding determination on an ICO, IEO, or different funding primarily based on the knowledge on this web site, and it is best to by no means interpret or in any other case depend on any of the knowledge on this web site as funding recommendation. We strongly suggest that you just seek the advice of a licensed funding advisor or different certified monetary skilled in case you are searching for funding recommendation on an ICO, IEO, or different funding. We don’t settle for compensation in any type for analyzing or reporting on any ICO, IEO, cryptocurrency, foreign money, tokenized gross sales, securities, or commodities.

See full phrases and situations.

FTX Raises $420M in Collection B-1 Elevate

FTX, a top-ten international crypto alternate, has raised simply north of $420 million in its newest funding spherical. This comes on the heels of a $900 million elevate in July. …

FTX U.S. Launches NFT Market on Solana

FTX U.S. is becoming a member of the NFT growth.  FTX U.S. to Record NFTs FTX’s U.S. arm has launched an NFT market on Solana. Solana NFTs deposited to FTX U.S. will want…

Liquid to Cowl Hack Losses With $120M Mortgage From FTX

Liquid has closed a $120 million debt financing spherical from FTX. Liquid Receives FTX Bailout  Japanese crypto alternate Liquid International has raised $120 million in debt financing from fellow alternate…

MDEX: Neglected Decentralized Alternate That Pays You to Commerce

Primarily based on statistics from DeBank and dapp.com, one of many top-performing decentralized exchanges by TVL and buying and selling quantity this yr is MDEX—an AMM-based DEX functioning throughout the Huobi Eco-chain (HECO), Binance Sensible Chain…



Source link

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...
ShareTweetSend

Related Posts

Crypto

NFTs and play-to-earn are future of gaming industry, says EA boss

November 4, 2021
Crypto

Pro-Bitcoin NYC Mayor Candidate Wins Election, Here’s How It Could Make NYC a Crypto Hub

November 3, 2021
Crypto

Cult favourite ‘Pulp Fiction’ is dropping seven Secret NFTs on OpenSea

November 3, 2021
Crypto

5 Best Ways to Earn Cryptocurrency | by DEFIESCROW DEFIX | The Capital | Nov, 2021

November 3, 2021
Crypto

Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals – Regulation Bitcoin News

November 3, 2021
Crypto

Customers Bank Veers Into Crypto With Transfer Token, $1.5B in Crypto-Related Deposits

November 2, 2021
Load More
Next Post

Here Are the Top 5 Altcoins With Big Potential As 2021 Comes to a Close, According to Crypto Trader Aaron Arnold

Fintech startup offers alternative to buy now/pay later loans

Recommended

Gold & Gold Stock Corrections Are Normal

February 14, 2021

Silver Price Daily Forecast – Silver Retreats As Gold/Silver Ratio Moves To New Highs

August 20, 2021

Is New Tech Worth the Cost?

April 24, 2021

DeFi TVL hits a record $157B as Ethereum competitors attract investors

August 26, 2021

A quick and easy guide to investment

August 5, 2021

Asset Allocation by Age: Is Your Portfolio Optimized?

July 7, 2021

FTX Trading closes $900M series B fundraise

July 26, 2021

Vaccines Are Changing Consumer Behavior: What We Know So Far

June 2, 2021

Estate/Inheritance tax on US or UK stocks for a foreigner : stocks

May 24, 2021

How To Save for Retirement on a Small Income

April 10, 2021
Load More
The Wealth Race

Get the latest news and follow the coverage of Stock Market Updates, Analysis, Business & Financial News, and more from the USA's top trusted sources.

Categories

  • Altcoins
  • Blockchain
  • Business and Finance News
  • Commodities
  • Crypto
  • Fintech
  • Forex
  • Investments
  • Market Research
  • NFTs
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
  • Tech
  • Uncategorized

Recent Posts

  • The GBPJPY is the biggest mover today. What does the technical say?
  • FCC approves Boeing’s request to deploy satellites for broadband Internet service
  • Cathie Wood’s Ark Dumps 3.9 Million Zillow Shares
  • NFTs and play-to-earn are future of gaming industry, says EA boss
  • Home
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2021 The Wealth Race.
The Wealth Race is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BUSINESS & FINANCE
  • STOCKS
  • PERSONAL FINANCE
  • MARKET RESEARCH
  • INVESTMENT
  • CRYPTO
    • ALTCOINS
  • BLOCKCHAIN
  • COMMODITIES
  • MORE
    • TECH
    • FINTECH
    • FOREX
    • STARTUPS
    • REAL ESTATE

Copyright © 2021 The Wealth Race.
The Wealth Race is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
%d bloggers like this: