{"id":235730,"date":"2021-04-26T16:45:56","date_gmt":"2021-04-26T13:45:56","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nfl-wunderkind-trevor-lawrence-inks-crypto-endorsement-deal-with-blockfolio\/"},"modified":"2021-04-26T16:45:56","modified_gmt":"2021-04-26T13:45:56","slug":"nfl-wunderkind-trevor-lawrence-inks-crypto-endorsement-deal-with-blockfolio","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nfl-wunderkind-trevor-lawrence-inks-crypto-endorsement-deal-with-blockfolio\/","title":{"rendered":"# NFL wunderkind Trevor Lawrence inks crypto endorsement deal with Blockfolio"},"content":{"rendered":"

“# NFL wunderkind Trevor Lawrence inks crypto endorsement deal with Blockfolio <\/strong>”
\n<\/p>\n

Trevor Lawrence, the presumptive number-one pick in the upcoming National Football League draft, has signed an endorsement deal with crypto portfolio-tracking platform Blockfolio.<\/p>\n

According to a report on Monday by the New York Times, the quarterback prodigy has already received<\/a> a signing bonus from the Blockfolio endorsement deal in crypto.<\/p>\n

Commenting on the deal,\u00a0Sam Bankman-Fried, CEO of Blockfolio parent company FTX, said that Lawrence \u201cwas excited about crypto.\u201d<\/p>\n

According to Bankman-Fried, Lawrence\u2019s positive disposition toward cryptocurrencies is what drew the company to the NFL prodigy, adding that FTX was looking to promote its business to mainstream audiences.<\/p>\n

Indeed, FTX recently secured a 19-year naming rights deal for the home arena of the National Basketball Association franchise team theMiami Heat. The $135 million deal will see the American Airlines Arena renamed the FTX Arena until 2040.<\/p>\n

While the details of Lawrence\u2019s multiyear endorsement deal with Blockfolio have not been declared publicly, the NYT quoted a company spokesperson who revealed that the initial signing bonus has already app<\/a>reciated in value in a little over three days.<\/p>\n

Elsewhere in the NFL, Kansas City Chiefs tight end Sean Culkin is reportedly the first NFL player to receive full salary payments in crypto.<\/p>\n

According to a report<\/a> by News<\/a>week, Culkin will receive<\/a> his full $920,000 base pay in biweekly installments from the Chiefs via the Visa-backed Bitcoin Lightning wallet platform Zap.<\/p>\n

NFL star Russell Okung also utilizes Zap\u2019s Strike platform to convert half of his $13 million salary to Bitcoin.<\/p>\n

Like Okung, Culkin has also espoused Bitcoin\u2019s suitability as a better investment vehicle than gold or real estate.<\/p>\n

Speaking to Newsweek, Culkin who is set to star in his fifth NFL season, says his Bitcoin (BTC) investment is for the \u201clong-term.\u201d<\/p>\n