Sportsbet.io Donates Bitcoin to Southampton FC Supporters in First-Ever Crypto Fan Fund

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Sportsbet.io launches very first ‘Crypto Fan Fund’, donating 2 BTC to Premier League partner Southampton FC.

Featured image for Sportsbet.io

Featured image for Sportsbet.io

Featured image for Sportsbet.io

LONDON, November 10, 2021 (GLOBE NEWSWIRE) – Sportsbet.io today announced the launch of a one-of-a-kind ‘Crypto Fan Fund’, donating 2 Bitcoin (BTC) to its partner club Southampton FC. The fund will be used to implement a series of fan-led initiatives throughout the 2021-2022 season and beyond.

Crypto Fan Fund

Throughout the season, the fund will be used to support the causes that matter most to fans. All decisions on how and where the fund is used will be made by Saints Voice, the longtime Southampton FC fan panel, who will work closely with the club and with Sportsbet.io to determine how to have the greatest impact.

Donating cryptocurrency in this way is a big first for elite sports partnerships. Unlike traditional trust gifts, the value of the fund can change and increase depending on the market, allowing for the potential for larger investments in future seasons. Sportsbet.io will underwrite the fund for the value of 2BTC at the time of donation, ensuring the club access to at least the minimum fund value, plus any additional profits generated by the deflation.

Helen Edwards, responsible gaming manager at Sportsbet.io said:

“Fans are the lifeblood of the game and continue to demonstrate their unmatched passion and loyalty every match day. As a valued partner of Southampton Football Club, it is extremely important that we engage with the Saints’ dedicated fans and that we support them as well, in whatever way we can.

The opportunity to use Bitcoin in such an innovative way by creating this fan fund is incredibly powerful. We firmly believe that the hype is real and that the cryptocurrency is here to stay, and we are excited to see how the value of the fund may continue to rise, allowing for even larger investments for Saints fans and the community. at large. “

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Potential uses of the fund could include improvements to the match day experience by providing much needed assistance to local sites affected by COVID-19. Saints Voice may also decide to keep, or “HODL”, a portion of the fund to be invested in future seasons, in order to capitalize on any increase in value.

Sarah Batters, Director of Marketing and Partnerships at Southampton FC said:

“Covid had a major impact on our fans’ matchday experience last season. Fortunately, things are back to normal and almost all of our fans have returned, so we are delighted to offer our fans the opportunity to make their game experience even better, this season and beyond.

By working closely with the fantastic representatives of our Saints Voice panel, with Sportsbet.io’s “Crypto Fan Fund”, we hope to bond more closely with our supporters by tackling some of the causes they see as the most important. more critical and we look forward to seeing how they ultimately choose to allocate this fund.

The donation consolidates Sportsbet.io’s continued commitment as the main sponsor of Southampton Football Club and as a leader of the crypto community. The initiative is part of Sportsbet.io’s “Believe the Hype” campaign, encouraging Saints to believe the hype around their club and around cryptocurrency.

Club Sportsbet.io partnerships

Sportsbet.io are the main partner club of Southampton FC for the 2021/22 season. The Saints were founding members of the Premier League in 1992/93 and were still around until their relegation at the end of the 2004/05 season. After going through tough times, including a further relegation to Ligue 1, they returned to the Premier League for the 2012/13 season and haven’t looked back since.

The club have finished in the first half in recent years, including a sixth place finish in the 2015/16 season which secured Europa League football. In 2016/17, they reached the League Cup final but narrowly missed the silverware after a 3-2 loss to Manchester United. They finished the 2019/20 season with a 7-game unbeaten streak to finish 11th with a total of 52 points.

About Sportsbet.io

Founded in 2016 within the Yolo group, Sportsbet.io is one of the leading sports betting operators led by Bitcoin. Sportsbet.io offers an extensive and quality betting product in all major sports and eSports, offering over 350,000 pre-game events per year, as well as comprehensive in-game content and a diverse range of crypto currencies and trustees.

It also provides innovative marketplaces such as player betting for football, American football and basketball, and is the only bitcoin-based bookmaker to offer live streaming on all major sports. Sportsbet.io prides itself on its secure and reliable betting service, with some of the fastest withdrawal times of around 1.5 minutes in the industry.

For more information on Sportsbet.io, please visit www.sportsbet.io

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Media contact details

Contact name: Claudia Contact email: [email protected]

Sportsbet.io is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an investment offer.

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