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Home News Ripple News

Ripple: World’s Sonic pro player bags XRP contract

Ibiam Wayas by Ibiam Wayas
October 15, 2020
in Ripple News
2 min read
SBI Group to disburse its year-end benefit in XRP
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  • Pro Sonic player, KEN, signs a new contract with SBI e-sports.
  • Part of the contract agreement holds that he will be paid in Ripple (XRP).

It’s interesting to note that many professionals are now getting paid for their services in digital currencies. The latest professional to join the train of crypto-backed sponsorship today is Kengo “KEN” Suzuki, referred to as the best Sonic player in the entire globe. Henceforth, Suzuki will be receiving an annual payment from his newest contract in cryptocurrency, precisely Ripple (XRP).

Sonic player now paid with Ripple (XRP)

As Suzuki shared on Twitter on Thursday, he bagged a new contract with the SBI e-sports’ division dubbed “Super Smash Bros.” SBI e-sports is the electronic sports and video gaming subsidiary of SBI Holdings, the largest Japanese financial services company based in Tokyo. As part of the contract agreement, the Sonic player will receive his salary in the Ripple cryptocurrency annually.

Reportedly, SBI e-sports pays most of the professional players in its gaming team with Ripple (XRP) following a previous partnership with SBI VC Trade, another subsidiary of SBI Holdings, which deals in digital currency trading. The electronic sports gaming company players appeared to be interested in cryptocurrency, which prompted the partnership to enable the salary payment in cryptocurrencies. Meanwhile, they still have the option of receiving fiat currency.

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Crypto sponsorships

Besides Suzuki’s new contract with the SBI e-sports, the company signed another professional player, Subaru “Subaridas” Sagano, into their “FIFA” gaming team. Sagano, a.k.a Mikey, is rated as the best FIFA game player in Japan. Perhaps, Mikey might have been provided with the option to receive his salary too via Ripple cryptocurrency.  

On July 17, Cryptopolitan reported that a professional Brazilian Jiu-Jitsu (BJJ) fighter, known as Craig Jones, gained a cryptocurrency sponsorship from Australia’s crypto exchange dubbed CoinJar. As an exchange ambassador, the contract agreement also noted that he would be paid in cryptocurrencies.

Tags: cryptomarketDigital Currency
Ibiam Wayas

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.

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