After Watford Football Club (FC) has struck a deal with gambling site Stake.com, a team in one of the world’s biggest football leagues is set to display the Dogecoin logo on its sleeves for the 2021/22 season.
That according to a report from The Athletic, was first spotted by Daily Hold, with a deal value close to $1 million. As such, this would not be Watford FC’s first crypto-related partnership, as CryptoGlobe reported in September 2019 its deal with Sportsbet.io to have the Bitcoin logo on its sleeve.
The English Premier League is said to be one of the most lucrative football leagues in the world, which is one of the most widely watched leagues around the world.
Dogecoin saw search interest in it during its massive 10,000% price hike, going from 135,000 monthly searches in April 2020 to 16.5 million in April 2021.
Dogecoin was created back in 2013 as a joke inspired by the popular Shiba Inu meme. The cryptocurrency community is best known for taking on charitable projects, which have included helping charitable organizations.
It made headlines in 2014 after raising more than $25,000 from DOGE to allow the Jamaican bobsleigh team to attend the Winter Olympics in Sochi.
Notably, the popular cryptocurrency platform Crypto.com recently struck a deal with a professional football organization, Lega Serie A. The platform is now set to reach more than 775 million football fans worldwide as the first partner in innovation and technology for Italian football.