Fashionable NASCAR driver Landon Cassill will quickly change into the primary auto racing driver to obtain his wage in cryptocurrency by way of a brand new partnership with crypto brokerage agency Voyager Digital Ltd.
First Auto Racer To Obtain Crypto Wage
In an official announcement in the present day, the Nationwide Affiliation for Inventory Automotive Auto Racing, LLC (NASCAR), an American auto racing sanctioning and working firm finest recognized for inventory automobile racing, revealed that Cassill can 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 automobile wrap in 19 NASCAR Xfinity Collection 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, by way of a phone interview, that he had been a long-term crypto consumer and had solely been trying to find the appropriate company to accomplice with. He famous that lots of his followers of late are crypto customers, and the crypto business has been seeing a whole lot of mainstream consideration from retail traders.
“I’m a crypto consumer, and I’ve been concerned for a number of years. That is one thing I’ve wished to do for some time, but it surely was about discovering the appropriate accomplice to do it. Numerous my followers are crypto customers, and as of late, there’s been a whole lot of mainstream, retail consideration on it. So from a group perspective and an athlete talking for an area, timing was excellent this summer season,” Cassil stated.
The NASCAR driver had allegedly met Steve Ehrlich, Voyager’s CEO, at a Litecoin summit two years in the past, and so they immediately hit it off attributable to a shared curiosity in cryptocurrency.
Talking on the partnership, Ehrlich stated:
“Landon Cassill’s focus and willpower on the race observe interprets throughout the whole lot he does, which is why we’re honored to accomplice with him on this season’s Xfinity Collection. 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 utterly with crypto…I feel it’s actually vital that the individuals you do enterprise with have a crypto understanding.”
Litecoin founder Charlie Lee, who additionally admitted that Cassil has been a powerful supporter of Litecoin and the crypto business for a number of years, believes that the “landmark deal exhibits the rising attain of the Litecoin group into the skilled sports activities world and ultimately past.”
Whereas Cassil would be the first auto racing driver to obtain crypto funds, cryptocurrencies for salaries within the sports activities business will not be completely new. In April, CryptoPotato reported that workers and gamers of the NBA large, the Sacramento Kings, would be capable of obtain a major a part of their wage in Bitcoin.
Featured picture courtesy of The Podium FInisi