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NFL wunderkind Trevor Lawrence inks crypto endorsement deal with Blockfolio

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Trevor Lawrence, the presumptive number-one choose within the upcoming Nationwide Soccer League draft, has signed an endorsement deal with crypto portfolio-tracking platform Blockfolio.

In accordance with a report on Monday by the New York Occasions, the quarterback prodigy has already acquired a signing bonus from the Blockfolio endorsement deal in crypto.

Commenting on the deal, Sam Bankman-Fried, CEO of Blockfolio dad or mum firm FTX, stated that Lawrence “was excited about crypto.”

In accordance with Bankman-Fried, Lawrence’s optimistic disposition towards cryptocurrencies is what drew the corporate to the NFL prodigy, including that FTX was trying to promote its enterprise to mainstream audiences.

Certainly, FTX just lately secured a 19-year naming rights deal for the house enviornment of the Nationwide Basketball Affiliation franchise workforce theMiami Warmth. The $135 million deal will see the American Airways Area renamed the FTX Area till 2040.

Whereas the small print of Lawrence’s multiyear endorsement deal with Blockfolio haven’t been declared publicly, the NYT quoted an organization spokesperson who revealed that the preliminary signing bonus has already appreciated in worth in a little bit over three days.

Elsewhere within the NFL, Kansas Metropolis Chiefs tight finish Sean Culkin is reportedly the primary NFL participant to obtain full wage funds in crypto.

In accordance with a report by Newsweek, Culkin will obtain his full $920,000 base pay in biweekly installments from the Chiefs through the Visa-backed Bitcoin Lightning pockets platform Zap.

NFL star Russell Okung additionally makes use of Zap’s Strike platform to transform half of his $13 million wage to Bitcoin.

Like Okung, Culkin has additionally espoused Bitcoin’s suitability as a greater funding car than gold or actual property.

Talking to Newsweek, Culkin who is about to star in his fifth NFL season, says his Bitcoin (BTC) funding is for the “long-term.”

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