Litecoin Foundation Partners With Glory Kickboxing to Make LTC League’s Official Crypto
The Litecoin Foundation is partnering with premier kickboxing league Splendor to end up being the main cryptocurrency for its online merchandise platform and worldwide events. The Litecoin Foundation is partnering with leading kickboxing league Splendor to end up being the official cryptocurrency for its online merchandise platform and worldwide events. The news was revealed in the main press release from Litecoin on Feb. 26.
Glory– which has actually signed top kickboxing heavyweights including “Dutch Lumberjack” Peter Aerts and Remy Bonjasky, aka “The Flying Gentleman” will integrate Litecoin (LTC) into its online merchandise store, gloryshop.com. The league will also enable fans in the United States and Europe to use the cryptocurrency to acquire numerous Litecoin-exclusive, event-related advantages. These consist of “professional athlete meet-and-greets, backstage arena tours, and exceptional in-arena seating.” Charlie Lee, the founder of the Litecoin Foundation, gave his perspective on the collaboration's prospective to drive cryptocurrency adoption:
“GLORY has a growing worldwide fan base that consists in large part of a younger demographic who are early adopters of technology and conduct much of their lives online – from consuming content to purchasing products. […] Tapping into their global audience and educating them about Litecoin through real world use cases can be powerful.”
The kickboxing league was established in 2012 and is operated by Glory Sports International, hosting global events for a mix of battle disciplines consisting of Karate, Muay Thai, Taekwondo and boxing. Maintaining offices in Los Angeles, Denver, Amsterdam and Singapore, Glory's media coverage apparently covers over 200 around the world territories.
The collaboration with Litecoin determines that the cryptocurrency will get direct exposure throughout Glory occasions, broadcast and social media, journalism release states.
LTC League’s Official Crypto…Litecoin
Whereas the Litecoin-Glory venture brings a cryptocurrency with established industry influence into the worldwide sports arena, a number of high-profile sports clubs have actually taken action to release their own exclusive crypto tokens.
In fall 2018, French soccer club Paris Saint-Germain, which has been hailed as the country's “most popular” team, partnered with blockchain platform Socios.com to incentivize and generate income from fan engagement and experiences via a token ecosystem. In December 2018, Brazilian premier league soccer club Atletico Mineiro introduced an Ethereum (ETH)-based, fiat-pegged energy fan token, GaloCoin, named after Atletico's mascot– a rooster (“galo” in Portuguese).