A crypto harbinger ?
November 18, 2021 Leave a comment
$700 million for 20 years.
That’s a bit more than the $100 million / 30 years deal Enron had for Astro Field naming rights.
I wish we could read the Force Majeure clause
Is this a harbinger for the crypto industry?
History doesn’t suggest immediately and not within the next 2 years.
But it’s certainly a shift from having a naming rights sponsor who sells paperclips to one involved in the burgeoning industry of ‘crypto’.
November 17, 2021
by Rob Zdravevski
rob@karriasset.com.au