WORLD’S FIRST OLYMPIC ATHLETE PAID IN CRYPTOCURRENCY

For the first time in history, an Olympic athlete has been paid in cryptocurrency.

According to CNN, Canadian speed skater Ted-Jan Bloemen — a double world record holder — has signed a one-year sponsorship deal with cryptocurrency-focused social network onG.social, in addition to agreeing to terms with virtual reality developer CEEK VR.

According to his agent, Bloemen is exploring a “whole new frontier” when it comes to Olympic athletes funding their pursuit of success, by accepting cryptocurrency as a form of payment. He explained:

This is really a whole new frontier. It will be exciting to see how cryptocurrency can work for Ted-Jan, in particular, but also the impact it will have on the sport marketing industry as a whole.

Source: http://bitcoinist.com/canadian-olympic-speed-skater-paid-crypto/