According to the agreement, the football team will have to advertise CashBet Coin at Arsenal's home stadium, Emirates Stadium, during Premier League games.
The average football match is watched by 80 million people, but Premier League matches attract up to 600 million views. Arsenal has long cemented its name in history, having won thirteen Premier League and thirteen FA Cups during its existence. In fact, they are the most popular team in China. They have a website designed specifically for the Chinese audience. Their popularity is growing in Asia and Africa.
It is still unknown whether other cryptocurrency companies are going to follow the example of CashBet Coin, it will also be interesting to find out whether other clubs will want to work with crypto exchanges. After many failed initial coin offerings and the collapse of dummy tokens, a contract with such a popular team could change the situation and give legitimacy to the tainted image of the ICO.
CashBet Coin is a platform created specifically for gamers. The platform offers casino services, sports betting and real money games. The company plans to launch its own ERC20 token, which will be used as the base currency. Pre-ICO started yesterday.
According to https://www.ccn.com
You May Also Like
SEC and the crypto market. The confrontation begins
The Confrontation Begins: The SEC Commissioner Accuses His Agency of Misapplication of the Law Regarding the Ban on Bitcoin ETF Winklevoss Bitcoin Trust. Nasdaq organizes secret meeting of lobbyists.
US authorities issued $192 thousand to blockchain startup Factom
The Department of Homeland Security's (DHS) Science and Technology Directorate has awarded a grant to Texas startup Factom, Inc. to begin beta testing a digital identity security system for Internet of Things (IoT) devices.
