- Watford F.C. players will wear Dogecoin shirts.
- Stake.com has paid for the appearance of Dogecoin.
- In the 2019-2020 soccer season, the team wore Bitcoin shirts.
English soccer team Watford F.C. players will wear Dogecoin shirts in this new Premier League season. The players will wear a Dogecoin logo on their sleeves. According to the British sports outlet The Athletic, Dogecoin will appear on all three Watford shirts.
Accordingly, sports betting site and crypto casino Stake.com has paid for the appearance of the Dogecoin. Sports outlet The Athletic reported, the worth of the deal is nearly $970,500 and will be paid in cryptocurrency. The Stake.com deal is not the first crypto sponsorship for Watford’s.
As a matter of fact, in the 2019-2020 soccer season, the soccer team wore Bitcoin shirts to promote the cryptocurrency. That was part of a deal with another sports betting site, Sportsbet.io.
Moreover, for creating some vibration regarding the partnership, Stake.com also plans to give away 10 million DOGE the worth is roughly $2 million. In Britain, Dogecoin has never appeared in high-profile sports events.
Dogecoin was started as a joke in 2013 and uses the image of the meme Shiba Inu dog known as Doge. But it has since captured the imagination of many crypto fans and has garnered the support of celebrities, most notable Tesla CEO Elon Musk.
Henceforth, the meme coin has surged 8,185% over the past year. Sports and crypto tie-ups are becoming more common as companies reap the rewards of the crypto boom.
Of note, according to UEFA, the Premier League is a hot target for sponsors. It’s the most profitable soccer league in the world, with 5.86 billion euros of revenue in 2019, nearly $6.92 billion at today’s exchange rates.
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