StormX, an encrypted cashback provider, has been announced as the NBA’s first encrypted jersey patch partner. StormX is now the exclusive blockchain partner of the Portland Trail Blazers. As part of the deal, the StormX logo will appear in the patch on the upper left corner of the Trail Blazers game jersey. StormX will also receive on-court, sideline and baseline brand exposure, including TV-visible brand exposure.
“We are honored to be the first cryptocurrency company to sponsor a jersey. Not only do we have such a high-quality team, but also an alliance of equal status. As the trailblazers of the same name, we regard ourselves as a pioneer in the mass adoption of cryptocurrencies. , By helping ordinary people earn cryptocurrency while shopping,” said StormX CEO and co-founder Simon Yu, who grew up in Portland, as a Trailblazers fan.
In addition, StormX is the first international rights partner of the Trailblazers, giving StormX the right to cooperate with the Trailblazers to distribute and conduct team identification marketing internationally. In addition, StormX and the Trailblazers will cooperate on sustainability-related developments. Of the community-based program in Portland.
Since its launch, StormX (STMX) has paid more than $4 million in cryptocurrency cashback rewards and expanded its user base in 173 countries. In April, StormX completed a $6.03 million growth round of financing, led by PayPal and Honey investor Plug and Play Ventures, plans to expand into the NFT market, and provide users with more crypto cash back through the upcoming debit card .
How does this work
- download – Install the app via iOS or Android device or activate on Chrome or Edge.
- Shop – Visit one of the more than 750 online stores on StormX, activate the rewards, and then checkout as usual.
- earn – According to StormX rewards membership level, get crypto cash back from 0.5% to more than 87.5%.
- achieve – Once the income exceeds $10, the user can withdraw the reward to any crypto wallet.
“We are very excited for our team to put on such a pioneering and revolutionary company in front of our jerseys. StormX is a fresh and dynamic company rooted in the Pacific Northwest. It can be financially healthy and independent. Educate and motivate Rip City on sex,” said Chris McGowan, President and CEO of the Portland Trail Blazers and Rose Quarter.
The synergy between cryptocurrency and sports is getting bigger and bigger. With the launch of NBA Top Shot, the NBA has made leading progress. NBA Top Shot is a blockchain-based trading card system where fans can buy their best A non-fungible token (NFT) for favorite NBA moments.