Currently cryptocurrency market is making many sponsorship deals with sports world and in Feb it was announced that FutoroCoin would be sponsoring formula 1 team.
I, personally think this is super cool news for cryptoworld as it shows that its not just a trend but so much bigger than that. What do you guys think?
Well its a great news. Even though I am seeing this for the first time but I am not surprised that its happening so far it can be established that the crypto is not from illegal means then there should not be any form of restrictions to sponsor any program or sporting event. I want to see this go on a high scale by seeing it in games like EPL or WWE which attracts higher number of people across the world. Now the concern is that the coin that would be advertised would be coins whose ownership or developers can be identified which puts bitcoin at a disadvantage in my opinion.