Arsenal Football Club is going to the books of history again. This time, it goes to the record as the first football club to officially partner with a cryptocurrency company. Arsenal announces that it is now official that the English Premier League club is partnering with Cashbet. Interestingly, this is the first time in the history of digital coins sponsoring a dominant football team. The announcement leaves many people to wonder. It opens a large door. From now on, many cryptocurrencies will try to place themselves in the spotlight, which will give any digital coin mileage over the one that has not.
What Made England’s Premier League Side Arsenal FC Take A Partner?
Although Arsenal is the first football team to partner with digital currencies, it is not the first incident. Recently, various digital coins have shown their interest in partnering with sporting entities.A perfect example of this is when Rory Macdonald received 330 DASH. What was the aim of this recently-crowned Bellator MMA welterweight champion earning money? The goal was simple! Rory was supposed to wear branded apparel representing the altcoin. He did that in his recent fight.
Cashbet has Accepted digital currency business since 2012
Cashbet has been doing digital currency business since 2012. According to its management, the digital currency is about to conduct an ICO. But the partnership has come earlier. Nonetheless, it will help the coin known to all Arsenal fans. After the company, Arsenal Football Club’s Chief Commercial Officer Vinai Venkatesham said that it is the right thing. “We are pleased to welcome Cashbet Coin as our partner. We are looking forward to working with CashBet Coin as they launch their new cryptocurrency,” Vinai said. Unlike a real money casino businesses, cryptocurrencies are struggling with stringent rules imposed by fierce governments.
CashBet CEO Mike Reaves Makes A Statement?
On his part, the CEO and founder of CashBet, Mike Reaves said that this is the happiest moment. The founder said that getting such a moment is something to be praised. “With our ICO for Cashbet Coin, we are actively targeting a global. We’re looking into multi-billion dollar marketplace of iGaming content providers, operators, and players. We are delighted to do so in partnership with one of world football’s true giants in Arsenal, which will enable us to build our brand and engage this audience in a meaningful way,” Mike said.
Why Did England’s Premier League Side Arsenal FC Partner With CashBet?
Late December, DASH announced that they were partnering with a top-ranked MMA welterweight fighter, which is what happened. On January 20, 2018, Rory Macdonald wore the apparel that was branded DASH. In return, Rory received $370, 000, which is what the cryptocurrency was worth then.
If you are not familiar with the Premier League, many people outside of the United Kingdom refer to it as the English Premier League and call it by its acronym EPL. The Premier League was formed in 1992 is the highest level of the English soccer, system which folks across the pond refer to as football. This league is a large corporation that has shareholders are trades on the London Stock Exchange. Each of its season’s start in August and end in May. Overall, there are thirty-eight games, which are usually played on the weekends.
Since it has started, The England Premier League has featured two Welch clubs. If you are not familiar with the history of European soccer and football, the original football league was founded in 1888. This league was called the Football League First Division. It broke away and formed into the Premier league in 1992. Now, BSkyB and BT Group own the rights to broadcast the games. Previous News Article: Cryptocurrencies Prices Are Regaining After Weeks Of Lows
England’s Premier League Side Arsenal FC CashBet Partnership
Arsenal Football Club is going to the books of history again. This time, it goes to the record as the first football club to officially partner with a cryptocurrency company. Arsenal announces that it is now official that the English Premier League club is partnering with Cashbet. Interestingly, this is the first time in the history of digital coins sponsoring a dominant football team.