Can 3ICE's tie-up with Bitcasino promote crypto adoption in Canada?

3 min read | February 17, 2022 01:55 AM AEDT | By Raza Naqvi
Highlights:
  • In Canada, ice hockey is probably the most popular sport, and it seems that companies have realized that now is the time to integrate cryptocurrencies with the game.
  • 3ICE, an ice hockey league in North America, has partnered with Bitcasino, a Bitcoin-led online casino operator.
  • Canada appears to be crypto-friendly, and there are crypto-related companies listed on the Toronto Stock Exchange (TSX).

As the craze for cryptocurrencies and blockchain technology grips the world, sports leagues and teams have started to explore this space to engage with fans and stay relevant in today's age.

We have already seen significant football tournaments and teams partnering up with companies exploring the blockchain and crypto space.

Teams like Manchester City and Juventus are among the top football clubs globally. They have their fan tokens, a type of digital asset for fan engagement, and use cases like participating in voting.

Also Read: What is Mina crypto? Know its price prediction

In Canada, ice hockey is probably the most popular sport, and it seems that companies have realized that now is the time to integrate cryptocurrencies with the game.

3ICE, an ice hockey league in North America, has partnered with Bitcasino, a Bitcoin-led online casino operator. Under the deal, Bitcasion will become an official partner of 3ICE in Canada.

Key details about 3ICE and Bitcasino

As per the agreement, Bitcasino will promote its brand during the league and includes a chance for customers to win a VIP experience at 3ICE's tour stops in Canada.

Additionally, Bitcasino's customers could participate in a free-to-play contest where fans can attempt to select winners and score the game and stand a chance to win cash rewards and prizes. 

Canada ice hockey                                                                                                       ©2022 Kalkine Media®

3ICE is an ice hockey league, and it was founded by E.J. Johnston, who has previously worked in companies like Fox Sports and Getty Images.

The 3ICE league comprises six teams, and they will travel to tour stops and participate in the tournament. Each team will have seven team members, and they will compete in a nine-week long season.

Bottom line

There's no doubt that ice hockey is popular in North America, and it seems that the organizers and crypto companies are looking to take an edge by trying to catch the viewers' attention.

In 2015, a report claimed that ice hockey contributed C$ 11 billion to Canada's economy every year, a figure that could have increased since then.

As China launched a crackdown on crypto mining operations, some market analysts suggested that Canada and the United States had the potential to become leaders of crypto mining operations.

Canada appears to be crypto-friendly, and there are crypto-related companies listed on the Toronto Stock Exchange (TSX).

Also Read: What is Catcoin crypto & why its price is skyrocketing?

If cryptocurrency-related platforms get feautred in ice hockey tournaments, it could generate curiosity among the non-crypto enthusiasts.

Eventually, this could result in increased adoption of virtual currencies.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.