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- The Floki Inu emblem will be placed on the back of the football team’s shirt and on LED signage at the team’s home stadium as part of the sponsorship arrangement with S.S.C. Napoli. S.S.C
- The Floki Inu emblem, representing a Shiba Inu dog wearing a Viking helmet, will be shown on the back of Napoli’s jerseys and across LED signs around the team’s home stadium for the remainder of the current season
- Napoli has joined the Floki Inu’s roster of associated football teams, which already includes the Kerala Blasters of the Indian Super League and Cádiz of the Spanish La Liga
The Floki Inu emblem will be placed on the back of the football team’s shirt and on LED signage at the team’s home stadium as part of the sponsorship arrangement with S.S.C. Napoli. S.S.C. Napoli has negotiated a sponsorship arrangement with the team behind the Floki Inu token, which was inspired by Elon Musk’s pet dog of the same name.
S.S.C Napoli is one of Italy’s most prominent professional teams, having been formed in 1926. The historic club, captained by the late world football legend Diego Maradona, won their first Serie A title in 1987 and is presently in first place in the league for the 2021–2022 season.
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The Floki Inu emblem, representing a Shiba Inu dog wearing a Viking helmet, will be shown on the back of Napoli’s jerseys and across LED signs around the team’s home stadium for the remainder of the current season, according to a Tuesday release from S.S.C. Napoli.
Jay Cassano, a big Napoli fan and the CEO of Cointelegraph, said he was happy to see the club become more connected with the sector” and stressed the importance of crypto collaborations in professional sports as a way to mainstream adoption, that from the NBA to European football leagues, we’re seeing crypto firms and projects attack sports wherever they can. This is most likely with the hopes of gaining greater acceptance. Leagues like Serie A and La Liga, for example, have been considerably more accepting of cryptocurrency sponsorships than the NFL.
Napoli has joined the Floki Inu’s roster of associated football teams, which already includes the Kerala Blasters of the Indian Super League and Cádiz of the Spanish La Liga. Floki Inu looks to be on the same path as major crypto exchange FTX, which in 2021 has actively sought up various popular athletic collaborations.
Napoli has not stated whether the sponsorship is a multi-year agreement or how much Floki Inu paid for it. According to Floki Inu’s marketing staff, the move is part of the project’s goal to become the most well-known and widely utilized cryptocurrency in the world.
According to a BBC story on Friday, the Advertising Standards Authority (ASA) is reviewing a large body of commercials in this area to see if they violate advertising laws about sophisticated vocabulary and deceptive information.
The Floki Inu team, on the other hand, claimed that its commercials were legally cleared and included disclaimers about the volatility of crypto assets. Earlier this month, the Floki Inu squad also struck an endorsement contract with boxing legend and two-time world heavyweight champion, Tyson Fury. As part of the promotional partnership, fury will appear in the project’s next play-to-earn NFT game, Valhalla.
The Ethereum-based currency was released in June of this year, and according to Etherscan, there are about 49,461 FLOKI holders, with a fully diluted market valuation of $1.8 billion. According to CoinGecko, the price of FLOKI has increased by over 12% in the last 24 hours, to $0.00018840 at the time of writing, with a trading volume reaching around $25.2 million in that time frame.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
