Fashionable NASCAR driver Landon Cassill will quickly grow to be the primary auto racing driver to obtain his wage in cryptocurrency through a brand new partnership with crypto brokerage agency Voyager Digital Ltd.
First Auto Racer To Obtain Crypto Wage
In an official announcement as we speak, the Nationwide Affiliation for Inventory Automobile Auto Racing, LLC (NASCAR), an American auto racing sanctioning and working firm finest recognized for inventory automotive racing, revealed that Cassill might be paid absolutely in cryptocurrencies, particularly Litecoin (LTC) and the Voyager Token (VGX).
The partnership deal will see Cassil drive a purple No. 4 Chevrolet Camaro personalized with a full Voyager-branded automotive wrap in 19 NASCAR Xfinity Sequence races this season throughout 16 states. The primary race is because of begin this Saturday on the Tennessee Lottery 250 at Nashville Superspeedway.
A Crypto Proponent
Cassil admitted, through a phone interview, that he had been a long-term crypto person and had solely been looking for the fitting company to associate with. He famous that lots of his followers of late are crypto customers, and the crypto business has been seeing a number of mainstream consideration from retail traders.
“I’m a crypto person, and I’ve been concerned for a number of years. That is one thing I’ve needed to do for some time, but it surely was about discovering the fitting associate to do it. Loads of my followers are crypto customers, and as of late, there’s been a number of mainstream, retail consideration on it. So from a neighborhood perspective and an athlete talking for an area, timing was excellent this summer time,” Cassil mentioned.
The NASCAR driver had allegedly met Steve Ehrlich, Voyager’s CEO, at a Litecoin summit two years in the past, they usually immediately hit it off as a result of a shared curiosity in cryptocurrency.
Talking on the partnership, Ehrlich mentioned:
“Landon Cassill’s focus and willpower on the race observe interprets throughout all the things he does, which is why we’re honored to associate with him on this season’s Xfinity Sequence. Landon additionally shares our imaginative and prescient of widespread crypto adoption, and we’re proud to be the primary firm to safe a major NASCAR sponsorship fully with crypto…I believe it’s actually necessary that the individuals you do enterprise with have a crypto understanding.”
Litecoin founder Charlie Lee, who additionally admitted that Cassil has been a robust supporter of Litecoin and the crypto business for a number of years, believes that the “landmark deal exhibits the rising attain of the Litecoin neighborhood into the skilled sports activities world and finally past.”
Whereas Cassil would be the first auto racing driver to obtain crypto funds, cryptocurrencies for salaries within the sports activities business usually are not fully new. In April, CryptoPotato reported that staff and gamers of the NBA big, the Sacramento Kings, would be capable of obtain a major a part of their wage in Bitcoin.
Featured picture courtesy of The Podium FInisi
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