Tezos Blockchain Inks $27mln Multi-Year Sponsorship Deal With Manchester United February 4, 2022 February 4, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsFebruary 4, 2022 by Kelly Cromley

Tezos Blockchain Inks $27mln Multi-Year Sponsorship Deal With Manchester United

Tezos, a decentralized blockchain network, has allegedly agreed to a $27 million agreement with famed English football club Manchester United. While clarification of this breakthrough is still pending, the arrangement will include a multi-year sponsorship of their workout outfit.

This development follows the conclusion of Manchester United’s sponsorship agreement with insurance giant Aon last season. Tezos’ emblem is scheduled to appear on the jerseys of football players, including Cristiano Ronaldo. The advertising material for this agreement has already been shot at Manchester United’s Carrington training facility, according to news outlet The Athletic.

The Tezos blockchain is marketed as an energy-efficient platform that includes its own money, Tez. This stated agreement with Manchester United is intended to boost the blockchain network’s legitimacy and awareness. However, this is not the initial time Tezos has been chosen to support a globally recognized brand.

McLaren Racing, a British motorsports team, has also selected Tezos as its authorized technical associate for its Formula 1, INDYCAR, and esports teams. The Tezos network was utilized to debut McLaren’s NFT series in October 2021. Non-fungible tokens (NFTs), are valuable digital collectibles whose ownership is recorded on the blockchain. Indeed, Tezos has formed technical and NFT-supporting collaborations with Red Bull Racing Honda F1 and French esports organization Team Vitality.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.