NASCAR driver Landon Cassill and Voyager Digital Ltd. have introduced a partnership that can pay Cassill fully in cryptocurrency. Cassill might be paid in Litecoin (LTC) and Voyager Token (VGX) whereas driving a purple No. 4 automobile custom-made with full Voyager-branded wrap.
The automobile might be pushed in 19 NASCAR Xfinity Sequence races this season throughout 16 states, beginning on Saturday with on the Tennessee Lottery 250 on the Nashville Superspeedway. The race might be broadcast reside on NBCSN at 3:30pm ET.
“I’m a crypto consumer, and I’ve been concerned for a number of years,” Cassill stated in a telephone interview. “That is one thing I’ve needed to do for some time, nevertheless it was about discovering the suitable companion to do it. Numerous my followers are crypto customers and as of late, there’s been plenty of mainstream, retail consideration on it. So from a group perspective and an athlete talking for an area, timing was excellent this summer time.”
Cassill met Voyager CEO Steve Ehrlich at a Litecoin summit in 2019 the place they struck up a friendship over a shared an curiosity in cryptocurrency. Plans for the same deal final yr fell by means of amid the COVID-19 pandemic. Because the world started to open up, Cassill stated he known as Ehlrich a pair weeks in the past with the concept to place Voyager branding on a race automobile and settle for cryptocurrency as fee.
“I feel it’s actually necessary that the folks you do enterprise with have a crypto understanding,” Ehrlich stated in an interview. “We search for issues which might be good for the crypto business typically to assist convey help to the entire ecosystem. I feel different’s will take a look at this and see alternatives within the house. That is about folks having belief in a system outdoors of conventional techniques.”
Voyager struck a pact with Miami Warmth guard Victor Oladipo earlier this yr. The corporate additionally labored with the Oakland Athletics to for the entire A’s 2021 dwelling sport for the worth of 1 Bitcoin.
The settlement is a step ahead for Litecoin within the crypto panorama. “For Litecoin (LTC) for use as fee to sponsor Landon Cassill is thrilling and a validation of LTC’s authentic goal,” stated Litecoin’s creator and managing director of the Litecoin Basis, Charlie Lee, in a launch. “Landon has been a powerful supporter of Litecoin and cryptocurrencies for a variety of years, and this landmark deal reveals the rising attain of the Litecoin group into the skilled sports activities world and, ultimately, past.”
Extra from Sportico.com