What are crypto sports sponsorships?
Could you elaborate on the concept of crypto sports sponsorships? I've heard about them but am not entirely clear on how they work. Specifically, I'm curious about how cryptocurrency is utilized in these sponsorships, what benefits they offer to both the sports entity and the crypto company, and what kind of impact they're having on the sports industry. I'd also appreciate any examples or case studies that highlight successful crypto sports sponsorships. Thank you for your time in explaining this emerging trend in the intersection of finance and sports.