NASCAR motoristLandon Cassill has revealed that he will bepaid in crypto. The chauffeur had been in talks with Voyager for a 19-race sponsorship.
Cassill revealed yesterday that they had actually lastly reached an agreement. His partnership with Voyager includes him getting an income in crypto. The sponsorship settlement would beabsolutely cryptocurrency-based. The major coins in the portfolio being Bitcoin and Litecoin. Landon Cassill himself is not brand-new to the crypto area.
He has a number of investments in the space. He said he had seen substantial gains in his portfolio. Related Reading|National Republican Congressional
Committee To Crypto Donations Steve Ehrlich, CEO of Voyager, stated he pitched the partnership idea ever since he satisfied
Landon. Landon and Steve satisfied at a crypto conference. The conference was held years ago and Landon spoke on a panel. The partnership will run for the remainder of the2021 NASCAR Xfinity Series season. Cassill will compete in the races in a Voyager-branded race cars and truck. The cars and truck will debut at the Nashville Superspeedway this weekend. NASCAR has always been of specific interest to Voyager. Doing a trial run of sorts with the No. 4 car previously this year.
Ehrlich will remain in attendance at the occasion. Along with other Voyager workers. < img loading ="lazy"class="aligncenter" src ="https://www.tradingview.com/x/RBi3XN2n/ "alt="Litecoin crypto chart"width="1348" height="699"/ > Litecoin Chart|Source: LTCUSD on TradingView.com Voyager And Crypto Voyager is a crypto-asset broker which offers financiers an easy way to trade cryptocurrencies. Investors get wallet, information, and custody services on the platform. Voyager owns its own crypto token called the Voyager token(VGX). Besides Bitcoin and Litecoin, Voyager will likewise pay the chauffeur in Voyager tokens. Although this is a first in NASCAR, this will not be the first time
Voyager has blended sports with crypto. Voyager rented a Major League Baseball Voyager A Suite for 1 BTC previously this year. Voyager is paying the chauffeur the marketplace rate in the worth of the coins at the time of the payment. Associated Reading|Porsche Launches NFT Trading Platform He explained that he might do whatever he desired with the payments. Depending on the time, he could choose to hold or sell
. Getting paid in crypto isn’t a problem for Cassill. To this, he said, “I’m quite comfy with
how it works. “The sponsorship isn’t the first of its kind in sports
. Trevor Lawrence who was a leading pick in the NFL draft had signed a similar offer. Lawrence signed a multi-year offer earlier this year with Blockfolio . The financial investment apphad actually reportedly paid Lawrence specifically in crypto. The cryptocurrencies are sent immediately to Lawrence’s Blockfolio account.