The latest cryptocurrency news are tied to Premier League football and Watford Football Club which recently expanded its sponsorship deal with Sportsbet.io, which includes getting the Bitcoin logo branded on the sleeves of the club’s official jerseys. As the news showed, the move is meant to create wider exposure for Bitcoin among the fans and general public, too.
It seems like Bitcoin and cryptocurrency are in general getting more widespread adoption. Watford Football club is a proof for that and the adoption of BTC in the sports industry. Over time, sports clubs have collaborated with the nascent industry and helped boost the cryptocurrency as a means of payment for their merchandise, tickets, etc.
Even though Bitcoin is still a long way away from getting mainstream acceptance mostly because of the volatility and risk, the partnership deals with some major industries show that more and more sectors are starting to recognize the benefits of the most dominant cryptocurrency.
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The latest Bitcoin and altcoin news show that Watford Football club is one of them.
The sleeves of the Watford FC featuring Bitcoin are designed to create awareness. As Watford Football Club announced on its website on Thursday (September 12), part of the sponsorship deal with Sportsbet.io was featuring the Bitcoin logo appearing on the club’s shirt sleeves.
The Hornets (as the club’s players are called) would have the “B” logo for Bitocin on their sleeves starting this Sunday in the match against Arsenal FC. As the deal shows, the Bitcoin logo would be kept on the jersey’s sleeve throughout the remainder of the 2019/2020 EPL season.
“Our partnership with Watford marks a major disruption in the world of traditional sports sponsorship, and by adding the Bitcoin logo we hope this world’s first partnership will create even more buzz around cryptocurrencies,” the head of marketing at Watford Football Club named Justin Le Brocque confirmed.
Lr Brocque also noted that enlightening the public on the benefits of the cryptocurrency and dismissing the common negativity and FUD surrounding virtual currency was sometimes challenging.
However, as many best cryptocurrency news sites reported, in addition to the Bitcoin logo is a wider campaign pushed by Watford Football Club – to create more awareness about cryptocurrency and its numerous advantages and uses.
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