Dogecoin ($DOGE) Logo to Be Featured on Premier League Club’s Sleeves
A team in one of the biggest soccer leagues in the world, the Watford Football Club (FC), is set to feature the Dogecoin logo on its sleeves for the 2021/2022 season after inking a deal with gambling website Stake.com.
According to a report from The Athletic, first spotted by Daily Hold, the deal was worth close to $1 million. It won’t be Watford FC’s first cryptocurrency-related partnership, as CryptoGlobe has in September 2019 reported on its deal with Sportsbet.io to feature the Bitcoin logo on their sleeves.
The English Premier League is said to be one of the most lucrative soccer leagues in the world, and is one of the most widely watched throughout the world. Dogecoin has seen search interest for it explode during its massive 10,000% price rally, as it went from an average of 135,000 monthly searches in April 2020 to 16.5 million in April 2021.
Dogecoin was created back in 2013 as a joke inspired by the popular Shiba Inu meme. The cryptocurrency’s community is well-known for taking on philanthropic projects, which included helping charitable organizations. It made headlines in 2014 after raising more than $25,000 worth of DOGE to let the Jamaican bobsleigh team attend the Winter Olympics in Sochi.
Notably, popular cryptocurrency platform Crypto.com has also recently struck a deal with a professional soccer organization, Lega Serie A. The platform is now set to reach over 775 million soccer fans throughout the world as the first Innovation & Technology Partner of Italian Football.
DISCLAIMER
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
Microsoft, the software and personal computing giant behind the Windows and Xbox brand, has published a new research paper showing how Ethereum can be used to combat piracy.
According to Cointelegraph, Microsoft’s research department, in conjunction with participants from Alibaba and Carnegie Mellon University, has released a new research paper studying a blockchain-based incentive system to support anti-piracy efforts.
The report, which is titled “Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns,” featured a blockchain system built on Ethereum’s network. The project’s goal was to provide a trustless incentive mechanism that could prevent piracy during data collection and distribution.
The report reads:
We see this as a distributed system problem. In the implementation, we overcome a set of unavoidable obstacles to ensure security despite full transparency.
Argus uses an innovative “proof of leakage” mechanism to watermark it’s algorithm, allowing pirated content to be backtracked to the source. Microsoft’s researchers hope the practicality of Argus in combating anti-piracy will help shift efforts to a “fully transparent incentive mechanism.”
The report also addressed the issue of costly Ethereum transactions, saying the team was able to optimize its cryptographic operations:
The cost for piracy reporting is reduced to an equivalent cost of sending about 14 ETH-transfer transactions to run on the public Ethereum network, which would otherwise correspond to thousands of transactions.
Disclaimer
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial
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