FTX Cryptocurrency Exchange In partnership with Dreamfield Sports, athletes can now accept payments in cryptocurrencies, while Dreamfield provides a platform for college athletes to earn. through the use of a personal image (Name, Image and Likeness or NIL).
The Dreamfield platform connects young athletes to commercial brands through smart contracting events. Dreamfield may select the athletes they would like to work with.
The FTX segment saw moderate growth in 2021, with FTX US being valued at $8 billion in its first funding round. The chart below illustrates FTX’s growth in relative volume for 2021.
FTX Card for Athletes
Under a new partnership with Dreamfield, athletes from major Division 1 institutions and athletes across the United States will be able to accept crypto payments and use FTX cards through the Dreamfield platform.
The FTX card (Visa debit card) is connected to the athlete’s FTX US trading account. Payments made with the FTX card will be charged to the FTX US account balance.
Athletes can pay for goods and services using their own FTX card. Dreamfield will provide consulting and certification services. FTX Pay and FTX Card are integrated into the Dreamfield platform.
Dreamfield CEO Luis Pardilo said, “This will be the first time that an athlete platform will be integrated into the blockchain. For cryptocurrency payments directly into the athlete’s FTX account. This is important because through our multi-segment partnership with FTX, we are bringing new financial technology tools to Dreamfield and our athletes will be very supportive. enabling them to show their potential and shine on the racetrack to their fullest extent. This is also a great opportunity for fans. that gave them support Getting closer to the athletes I sponsor through blockchain will be an experience like never before.”
Exclusive NFTs in the FTX Marketplace
Lionel Williamson, Business Development Manager at FTX said: “In partnership with Dreamfield, FTX Pay will bring a new wave of crypto investors. By teaching college athletes about the financial benefits of investing in crypto. giving athletes a choice Have an understanding of financial security Stay in a safe environment Not being harassed through the Dreamfield and FTX platforms is of paramount importance to everyone involved in the FTX Champions program.”
Dreamfield Business Development Manager Jake Hoving said, “One of the things I’m excited about with this partnership is the fans. and alumni aged 18 and over who were first introduced to NFT. Through the experience gained by Dreamfield through the university’s specialized organizations such as Mission Control UCF, athletes fans will be able to communicate. It was introduced to a community where fans and athletes can coexist. And each athlete will be issued a special set of NFTs for their fans. These NFTs will be built on the Solana blockchain and available on the FTX Marketplace.”
Spot FTX trading volume hits $719 billion in 2021, an increase of 2,400% (approximately) in 2020. Dreamfield partnership will help FTX reach more people.
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