NASCAR Driver Landon Cassill To Be Paid Solely In Crypto

NASCAR driver Landon Cassill partnered with crypto brokerage agency Voyager Digital for the rest of the 2021 NASCAR season. He can be paid totally in cryptocurrency throughout the 19-race sponsorship deal. 

“It’s one thing I’m acquainted with, I’m snug with it, and I really feel like I’ve an excellent deal with on what I’m keen to threat and what I must pay my payments,” Cassill stated on being paid in cryptocurrency. 

In response to knowledge web site Comparably, salaries in NASCAR vary from as little as $21,000 to as a lot as $500,00 per yr. The common wage is roughly $112,000.

Cassill is an enormous fan of crypto and has already met the CEO of Voyager, Steve Ehrlich, years earlier than this partnership. 

“Landon additionally shares our imaginative and prescient of widespread crypto adoption, and we’re proud to be the primary firm to safe a major NASCAR sponsorship fully with crypto,” Ehrlich stated.

On Saturday, Cassill’s automotive will sport a Voyager paint scheme, and Voyager workers will attend the Tennessee Lottery 250 race on the Nashville Superspeedway. Cassill added that whereas these particulars is likely to be small, his workforce can now deal with the automotive’s efficiency reasonably than fascinated with promoting sponsors week to week. 

Litecoin would be the lead cryptocurrency in Cassill’s crypto initiative. “For Litecoin (LTC)  for use as cost to sponsor Landon Cassill is thrilling and a validation of LTC’s authentic goal,” stated Litecoin’s creator, Charlie Lee.

What’s extra, the sponsorship is aligned with Elrich’s ambitions to “educate the plenty” and keep forward of the tech curve.

“When was the final time you truly used actual buck {dollars}? Most individuals don’t. They use debit playing cards, and every thing is digital anyway. So that is the subsequent section of digital forex,” he added. 

Crypto and NASCAR

Earlier this yr, funds app Strike CEO Jack Mallers introduced that the “Bitcoin Automotive” would race on the a hundred and fifth annual Indianapolis 500, one of many world’s largest races. 

Ed Carpenter teamed up with Mallers’ workforce to race for “Bitcoin consciousness and Bitcoin open supply growth,” Mallers said at the time

The Bitcoin Automotive didn’t win the Indy 500, however weeks earlier than, Bitcoin fan Bryan Prepare dinner gained a digital NASCAR race in a automotive draped in Bitcoin logos. 

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