June 19, 2021

Future NFL QB Trevor Lawrence Signs With Crypto App Blockfolio

3 min read

The NFL draft is set to kick off today, and Trevor Lawrence is currently getting comfortable with having his name called today. Lawrence is predicted as being a most likely first-pick in the draft, and he’s beginning the week off with some news of his own, revealing a collaboration with crypto exchange and tracker Blockfolio.

NFL x Crypto Continues

The statement comes less than 2 months after a collaborative partnership announcement with Lawrence and long-time athletic card manufacturer, Topps. In March, Topps and Lawrence announced an unique, special deal that would give market 50 different trading card NFTs, developed by Lawrence’s brother-in-law and sister, who are expert artists. The cards differ from conventional professional athlete cards (due to absence of name, image, and similarity legislation) and are rather art-inspired, while leveraging the relationship between Topps and Lawrence. The Topps set was released April 21, and rapidly offered out.

The Blockfolio collaboration comes on the heels of among the more aggressive sports-centric collaborations in crypto’s history for the company; in March, Blockfolio’s underlying exchange, FTX, revealed a nineteen-year stadium naming rights handle the NBA’s Miami Heat. The arena hadn’t seen an identifying rights modification in over twenty years.

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NFT and crypto engagement is ending up being progressively popular within home entertainment and sport. Just a few examples over the previous few months consist of NHL player Matthew Tkachuk ending up being the first major league hockey player to launch an NFT, hip-hop magnate Eminem partnering with Nifty Gateway over the previous weekend, and Dallas Mavericks owner Mark Cuban showing passionate engagement with NFTs, including financial investment in NFT tracker CryptoSlam.

total crypto market cap 2t

 As crypto climbs up, more participants take interest and spread its message|Source: CRYPTOCAP-TOTAL on TradingView.com

Blockfolio Bonus Deal Pays In Bitcoin, Ethereum, And Solana

Blockfolio and Trevor Lawrence certainly bring another unique offer to headings today, however. A significant portion of Lawrence’s finalizing bonus in the deal will be paid in cryptocurrency, including Bitcoin, Ethereum, and Solana. The partnership statement comes just days after Lawrence announced a handle Gatorade.

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Lawrence joins a flurry of ‘crypto athlete’ alums who have actually been outspoken about their desire to be paid in cryptocurrency. In 2015, NBA athlete Spencer Dinwiddie sought to tokenize his NBA contract (the league’s collective bargaining contract, however, would not allow him to do so), and NFL athletes are significantly dipping their toes in the space.

Carolina Panther’s offensive deal with Russell Okung has actually been an outspoken crypto advocate, and was the first NFL player to transform a portion of his income to crypto. Today, Kansas City Chiefs tight end Sean Culkin revealed that he would be transforming his complete wage to bitcoin; Culkin is the first player in any big league to reveal their intent to convert their complete income to cryptocurrency. Culkin stated on Twitter that he saw Bitcoin as “the future of finance” which wanted to show that he has “real skin in the video game” by transforming his wage to Bitcoin.

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