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 digital collectables are coming! 🙌
Introducing McLaren Racing Collective, a global community of McLaren fans and collectors, and the place to buy McLaren Racing digital collectables in the form of NFTs on the @Tezos blockchain.
— McLaren (@McLarenF1) October 20, 2021
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.