- Aug 21, 2008
- 5,710
- 10,816
- AFL Club
- Adelaide
Crypto dot com also sponsoring the AFL for the next five years
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They have a pretty slick website.....Crypto dot com?
LOL. It'll be here one minute and gone the next when it gets hacked.
Get their money now in AUD while they're still alive.
Yeah I thought they were just another crypto start up using leverage to spend on marketing in AFL to get their name out and suck people in.MyATM probably didn't have the $700 million for the Staples Centre naming rights.
The MyATM equivilant might be closer to we're sponsored by some new crypto token or NFT project launching later, and we'll get paid if it works.
Let's see which one it's closer to I guess.
Any crypto sponsorship you'd want to be paid upfront in full in cashYeah I thought they were just another crypto start up using leverage to spend on marketing in AFL to get their name out and suck people in.
Seems a bit more legit.
On SM-G965F using BigFooty.com mobile app
Exactly what I was alluding to previously.Any crypto sponsorship you'd want to be paid upfront in full in cash
I'd be highly skeptical of these companies offering long-term deals. If they go bust or lose a ton of money (very real risk with how volatile crypto is) we could be burned hard.
We'd also have to cop a bit of ridicule and embarrassment for tarnishing our brand in association with them but maybe it's worth the money?
MyATM probably didn't have the $700 million for the Staples Centre naming rights.
The MyATM equivilant might be closer to we're sponsored by some new crypto token or NFT project launching later, and we'll get paid if it works.
Let's see which one it's closer to I guess.
Wait, aren’t you early 30s or something? I thought you would be a bit more progressive with crypto, your attitude belongs in 2012. The main board thread has been a very funny read.Any crypto sponsorship you'd want to be paid upfront in full in cash
I'd be highly skeptical of these companies offering long-term deals. If they go bust or lose a ton of money (very real risk with how volatile crypto is) we could be burned hard.
We'd also have to cop a bit of ridicule and embarrassment for tarnishing our brand in association with them but maybe it's worth the money?
Exactly what I was alluding to previously.
Wait, aren’t you early 30s or something? I thought you would be a bit more progressive with crypto, your attitude belongs in 2012. The main board thread has been a very funny read.
Also, this random Crypto mob won't be a major sponsor of ours. They'll probably be on one of the lower tiers sponsor wise. If they fall over, as long as we get paid upfront it won't be an issue.
Isn't this a circular argument though?They're hardly a "random crypto mob", considering they are in partnership with many major companies and sporting organisations.
Unless we know otherwise, could be Coinjar (sponsor Melbourne), CoinSpot (sponsor Bulldogs) or a number of other companies.
Crypto.com is just as likely to fall over as any major bank, it is hilarious reading some of these extremely misinformed posts. The Staples Center signed a 20 year deal with them, they have cash to burn and are sponsoring anything big in sport. Their major money is made from trading fees and taking profits from their exchange coin and it’s not like they’re then using this money to buy crypto. The lack of understanding about how these exchanges work is frightening. When I get home I’ll post a few links in here to help a few of you understand crypto better.
I wouldn't say it's a given they will go broke, in fact they probably won't. But there is certainly a higher risk than a traditional bank or established businessA 20 year deal is worthless if Staples Center management have to find a new naming rights sponsor in 3-5 years because this mob have gone broke and haven't paid the bill for the naming rights.
I'm 99.999% sure it's Crypto.comUnless we know otherwise, could be Coinjar (sponsor Melbourne), CoinSpot (sponsor Bulldogs) or a number of other companies.
tbh when I first posted about it I was under the impression it was still a fortnight away anyway!If that's accurate the least they could do is delay the announcement for 2-3 weeks