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Southampton FC Sign Record Sponsorship Deal with Performance-based Bitcoin Bonuses (www.blockcast.cc)

English Premier League Football team Southampton FC has announced a 3-year extension with its main sponsorship partner The Coingaming Group. The deal is the largest agreement in the club’s history and will see the continuation of Coingaming’s main brand Sportsbet.io as the club’s front-of-shirt sponsor.

Bitcoin Bonuses

The record-breaking new deal will also include an option for Southampton FC to be paid performance-based bonuses in the world’s most popular cryptocurrency, Bitcoin. The digital asset has been a hot topic this year with the ATH (all-time high) price being breached on multiple, consecutive occasions. The cryptocurrency has traded for as much as $61,683 on March 13th, 2021.

The option to receive a performance-based bonus at the end of every season in Bitcoin could prove financially beneficial to the club should the asset continue to grow in popularity and use over the next few years.

Community & Safe Betting

Sportsbet.io became the main club partner of Southampton FC in August 2020 and since then the two companies have worked together with a strong focus on community unity in sports and the importance of safe betting.

During “Safer gambling Week” Southampton and Sportsbet teamed up to launch ‘Listen to the Saint in you’ with the purpose of encouraging football fans to properly consider the ramifications of gambling before placing any bets. Saint players Ryan Bertrand, Nathan Redmond and Oriol Romeu gave advice to a fan on how to bet safely for the event.

Southampton FC Chief Commercial Officer David Thomas stated that Sportsbet.io are known for their success in challenging convention and disrupting the sports betting market by championing a more responsible approach and that the partnership between the two companies will continue to reflect these values.

Fundraising For Awareness

Sportsbet also helped Southampton FC to enable new start-ups and entrepreneurs to apply for grants during the Covid-19 pandemic. The Positive Impact Pledge offered eligible start-ups a chance to win a £20,000 tax-free grant and expert business guidance.

Sportsbet.io also recently donated its shirt sponsorship to the Saints Foundation for the Easter Sunday clash against fellow Premier League team Burnley FC. The sponsorship money was aimed to help raise awareness and vital funds for the club’s charity, which was topped up further by Sportbet who donated an additional £10,000.

The match shirts worn by the players for the Easter Sunday game displayed the Saints Foundation’s logo and were later auctioned off to raise further money to support the foundation’s local community work.Sportbet.io are expected to continue as sponsor and partner of Southampton FC until at least 2024.

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Ndau Launches In-Wallet Staking Bonuses Without Third-Party Custody (www.blockcast.cc)

Ndau has launched a native wallet that holders can use to stake funds.

Ndau Launches In-Wallet Staking Bonuses Without Third-Party Custody

Ndau has launched a native wallet that holders can use to stake funds.

Ndau has launched a native wallet that holders can use to stake funds.

Isle of Man, March 11, 2021 (GLOBE NEWSWIRE) — Adaptive digital asset pioneer ndau has launched a native wallet that holders can use to stake funds. This eliminates the need for staking providers which are a common middle-man in other networks. The feature allows stakers to retain custody of their assets all throughout the lock period and receive bonuses directly.

Ndau is focused on long-term holding. Its Ecosystem Alignment Incentives (EAI) give holders passive income and the opportunity to earn extra ndau just by holding funds in their own wallet. More so, holders who choose to lock their ndau over a period of time receive additional bonuses that can reach up to 15 percent yearly when staked for three years. These lock periods are chosen by holders.

Programs similar to the EAI are not uncommon among blockchain networks that are implemented on a Delegated Proof of Stake consensus algorithm. However, these rely on complicated mechanisms that leave interested users dependent on staking providers who generally take custody of their funds.

A native wallet enabled for staking purposes bypasses the need for such services. For ndau holders, EAI is distributed directly to users of the ndau wallet app. Installing the app, locking funds, and receiving ndau is an easy, step-by-step process explained by the ndau team. Altogether, these features bolster ndau’s role as an adaptive store of value.

“Cryptocurrency holders are becoming increasingly aware of the risks associated with ceding custody of their funds or relying on third parties to receive a staking bonus. Today, ndau holders can get two percent in yearly rewards by simply holding ndau and up to 15 percent yearly by locking it, all from their personally-owned wallet. We believe this is one of the most secure DeFi features on the Cosmos Network, or any network.” – John Lester, Head of Product Management at ndau developer Oneiro.

About ndau

Ndau is an adaptive digital currency built by Oneiro to optimize for long-term store of value and supported by a decentralized ecosystem. It is built on the Tendermint protocol and is a premier DeFi solution on Cosmos Network. Designed with built-in economic structures that incentivize both stability and potential for growth, ndau provides all the benefits of a digital currency while promoting more fair and accountable governance, dependability, and greater safety for owners not found in existing cryptocurrencies. Ndau is not pegged to fiat currencies or commodities, allowing for more desirable characteristics for long-term holders in particular.

Media contact:

Robert Penington

Robert@thronepr.com

This news has been published for the above source. ndau [ID=17289]

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