NFL’s ‘No.1’ draft pick Trevor Lawrence joins Blockfolio and receives bonus paid out in Ethereum and Solana

Trevor Lawrence, the number one pick in this year’s National Football League (NFL) Draft, has signed a multi-year contract with crypto tracking app Blockfolio, as an announcement today.

“Pumped to announce I’ve joined Blockfolio! Excited to help bring these two worlds together,” he tweeted.

Bitcoin, Ethereum, and Solana

As per the report, Lawrence will receive part of his signing bonus in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) as part of the deal.

The deal makes him the first athlete to receive a “significant amount” of his signing bonus in cryptocurrency, with the proceeds deposited directly into the quarterback’s Blockfolio account.

Under the terms, Lawrence will help educate newcomers with cryptocurrencies by using the Blockfolio app to showcase how users can buy, sell and trade cryptocurrency with no fees.

Lawrence attended and played football for Cartersville High School in Georgia, where he was considered to be among the best high school quarterback prospects of all time. The fame has since led to several lucrative endorsement prospects for the young star, who is said to be interested in the crypto space.

“We believe that Trevor is the future of football and we think that crypto is the future of finance,” said Blockfolio’s COO Sina Nader in a statement. “Trevor represents a lot of the promise and potential of football at the highest level, and we think that crypto represents the same thing at the highest level of finance,” she added.

Nader added that cryptocurrencies still hadn’t reached mass adoption in the US, with some reports suggesting less than 10% of the US populace owns cryptocurrencies (despite the sector surging to a $2 trillion valuation in the past year).

Meanwhile, getting Lawrence on board Blockfolio is part of a bigger strategic initiative for crypto exchange FTX, its parent company. The latter bought out the naming rights to the Miami Heats stadium earlier this year as it seeks to popularize its services among newcomers to the booming market.

The post NFL’s ‘No.1’ draft pick Trevor Lawrence joins Blockfolio and receives bonus paid out in Ethereum and Solana appeared first on CryptoSlate.


Share on facebook
Share on twitter
Share on pinterest
Share on linkedin

Follow Us

Most Popular

Get The Latest Updates

Subscribe To Our Weekly Newsletter

No spam, notifications only about new products, updates.
On Key

Related Posts

Ethereum Supply Shock Grows As Reserves Decrease, ETH 2.0 Contract Increases

The Ethereum supply shock has been growing as exchange reserves continue to decrease and value staked in ETH 2.0 contract rises. Ethereum Supply Shock: Exchange Reserves Go On Decreasing While ETH 2.0 Staking Contract Grows In Value As pointed out by a CryptoQuant post, ETH exchange reserves have been decreasing while the coins locked in

Uncertainty in XRP Price Action Could Be a Negative Signal!

Despite the ups and downs, XRP has a relatively higher position and ranks among the crypto world leaders. It is a first-of-its-kind cryptocurrency and has offered tremendous value to investors in its popularity and real-life use cases. XRP currently holds the 6th position in market capitalization with a total circulating asset of USD 50.94 billion.

Australian Creative Agency Accepts Cryptocurrency

Born Bred, the influencer marketing and creative agency of New Zealand and Australia, has decided to accept cryptocurrency as payment for its services. According to the latest announcement, Born Bred is ready to accept almost all major cryptocurrencies as modes of payment. The agency will now allow transactions in Bitcoin, Ethereum, and Ripple on its

Chingari Announces Its NFT Plan with $GARI Token

In a significant development for the NFT domain, the Chingari short video platform has announced its first token called $GARI. The organization is on the way to launching a marketplace for NFTs. Prominent Bollywood personalities Salman Khan and Vaani Kapoor were present on the occasion.  The organization has recently concluded the funding round in which