Adam James · February 11, 2018 · 10:00 am

Canadian velocity skater Ted-Jan Bloemen has grow to be the primary Olympic athlete to be paid in cryptocurrency, following a care for two new generation firms. A ‘entire new frontier’ For the primary time in historical past, an Olympic athlete has been paid in cryptocurrency. According to CNN, Canadian velocity skater Ted-Jan Bloemen — a double international report holder — has signed a one-year sponsorship care for cryptocurrency-focused social community onG.social, in addition to agreeing to phrases with

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Canadian velocity skater Ted-Jan Bloemen has grow to be the primary Olympic athlete to be paid in cryptocurrency, following a care for two new generation firms.


A ‘whole new frontier’

For the primary time in historical past, an Olympic athlete has been paid in cryptocurrency.

According to CNN, Canadian velocity skater Ted-Jan Bloemen — a double international report holder — has signed a one-year sponsorship care for cryptocurrency-focused social community onG.social, in addition to agreeing to phrases with digital fact developer CEEK VR.

Olympics

According to his agent, Bloemen is exploring a “whole new frontier” relating to Olympic athletes investment their pursuit of good fortune, through accepting cryptocurrency as a type of fee. He defined:

This is actually a complete new frontier. It will likely be thrilling to look how cryptocurrency can paintings for Ted-Jan, in specific, but in addition the affect it is going to have at the game advertising trade as a complete.

Bloemen’s deal is moderately simple. In trade for documenting and sharing his Olympic adventure on onG.social and starring in a 360° digital fact enjoy with CEEK VR, he’s compensated in cryptocurrency.

CEEK VR founder and CEO Mary Spio sees huge doable for sports-focused digital fact reports, and is thus glad to have Bloemen on board, explaining:

Bloemen’s reinforce for state of the art applied sciences is reflective of his proclivity for pushing the bounds. We imagine Virtual Reality isn’t simply nice for our target market (Ceekers) however will in the end be used for coaching and maximizing participant efficiency and doable.

Bloemen himself may be stoked to be at the vanguard of recent generation and new fee strategies.

It’s value noting that Bloemen isn’t handiest paid through the firms in cryptocurrency, on the other hand. He additionally won some money, explaining:

For me, the actual chance of no longer getting anything else isn’t there, as a result of I were given slightly (money) out of it already. And that mixture makes this sponsorship actually a laugh, proper. Because we’re going to lend a hand every different. I’m looking to get them slightly extra publicity to cause them to be successful, and that might lend a hand all people, proper.

According to CoinMarketCap, onG.social (ONG) has a complete marketplace cap of $6,322,255 on the time of this writing.

Like the cryptocurrency marketplace, Bloemen is not any stranger to controversy. After breaking Sven Kramer’s 10-year-old five,000m international report through 1.five seconds, Bloemen notoriously smashed the world’s label showing his former teammate’s identify and time.

Do you suppose Bloemen is at the vanguard of a complete new frontier of athletic sponsorships, or is his care for onG.social and CEEK VR little greater than a exposure stunt? Let us know in the feedback under!


Images courtesy of Shutterstock, Twitter, and Bitcoinist archives

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