As different industries continue to stick with digital assets, their popularity and influence continues to grow. Other mainstreams in cryptocurrency include the sports portals as well as the entire industry.
Recently, S.S.C. S.S.C. recently signed a Floki Inu token sponsorship agreement with Napoli (an Italian football powerhouse). This deal will enable the cryptocurrency to feature its logo on both the team’s jersey and stadium.
S.S.C., founded in 1926. S.S.C. was founded in 1926. Napoli is one of the most prominent professional Italian teams. Diego Maradona (the legendary football star) led the team to victory in Serie A. The team currently occupies first place in the 2021-2022 league session.
The trend of Floki Inu’s football partnerships with clubs is similar to that of FTX (a leading crypto exchange). This year, Floki Inu was involved in numerous partnerships with clubs.
Similar Reading: Bitcoin Mining Firm Argo Blockchain to Raise $57.5M Through Senior Notes| Bitcoin Mining Firm Argo Blockchain To Raise $57.5M Via Senior Notes Offering
Through this recent sponsorship deal, Floki Inu just included Napoli to its football clubs’ list. There are also the Kerala Blasters and Cadiz from Spanish La Liga as well as the Indian Super League’s Kerala Blasters.
Floki also reached an endorsement deal earlier in the month with Tyson Fury (a boxing superstar). The terms included a promo to feature the two-time world heavyweight champion in Floki’s upcoming NFT play-to-earn game, Valhalla.
Trading FLOKI in green| Source: FLOKIUSDT on TradingVieew.com
An announcement from the football team on Tuesday disclosed the featuring of the Floki Inu logo at the back of the team’s jerseys. Also, some LED signs within Napoli’s home stadium will display the logo, serving as a reminder of the ongoing league session. Logo will feature a Shiba Inu wearing a Viking helmet.
One of Napoli’s supporters, Jay Cassano, expressed his excitement about the sponsorship and the club’s involvement with cryptocurrency. These partnerships are a great way to increase mainstream adoption of cryptocurrency, he said. He also mentioned the interest shown by some cryptocurrency firms in sports teams.
Floki Inu Sponsorship Terms Still Unknown
There’s still no disclosure of Napoli specifying if the sponsorship is a multi-year deal. The amount of money that Floki Inu contributed to the deal remains unknown.
However, the marketing department of Floki Inu acknowledges in the announcement the company’s move as part of the project’s goal. The goal was to make cryptocurrency the most widely used digital asset worldwide.
Since last September, the Floki team has maintained a high marketing push for the project’s promotions. The team currently has $1.5million in advertising budget allocations.
Related Reading| Bitcoin Mining In The U.S.: 4 States Attract The Most Miners
London was one of their key targets as the branding is used in many transport services. However, the advertising move created controversies by attracting the Advertising Standards Authority (ASA), the country’s advertising regulatory agent.
BBC’s Friday report revealed that ASA had commenced a review of Floki’s ads. The watchdog will use this information to determine if any violations occurred. For its part, the Floki Inu group insists its advertisements had legal clearance and disclaimers.
GameRevolution Featured Image