The Olympic athlete got paid in bitcoin for advertising

Canadian speed skater Ted-Jan in Blumenau (Ted-Jan Bloemen) became the first Olympic athlete who was paid in bitcoin as part of the deal with the two technology companies.

According to CNN, canadian speed skater Ted-Jan Blumenau, setting two world records, has signed a sponsorship deal for one year with the social network, focused on cryptocurrency onG.social, in addition to the developer agreement CEEK virtual reality VR. Agent in Blumenau said:

«It’s really a whole new frontier. It will be interesting to see how the cryptocurrency can be useful, in particular, Ted-Jan, as well as its impact on the industry of sports marketing as a whole.»

In the conditions of contract in Blumenau will tell on the social network onG.social about their experiences during the Olympics and will also participate in the project development of virtual reality CEEK VR, for which he will receive payment in cryptocurrency. Founder and President CEEK VR Mary Spio (Spio Mary) sees huge potential for solutions in the field of virtual reality, focused on sports:

«Support for the latest technologies in Blumenau reflects his penchant for exploring new frontiers. We believe that virtual reality eventually will be used for training and improving the efficiency and capacity of players.»

It should be noted that under the terms of the agreement, the funds received in Blumenau, the traditional currency, which, according to him, completely eliminates the possibility of «getting nothing». According to CoinMarketCap, the total market capitalization of onG.social (ONG) is about 6.5 million dollars at the time of publication.

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