From Super Bowls to Crypto Bulls: Patrick Mahomes' Unconventional Playbook

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NFL sensation Patrick Mahomes is defying the prevailing trend of high-profile celebrities distancing themselves from the embattled cryptocurrency industry. Mahomes, known for his determined approach, secured his second Super Bowl victory in February despite injury setbacks and a substantial halftime deficit. Notably, he chose to commit to the Kansas City Chiefs for an extended period, signing the largest NFL contract in history at $503 million.

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This resolute attitude extends to his involvement in the crypto realm, where he stands out for his willingness to immerse himself further. A recent partnership announcement with Azuki reflects Mahomes' proactive stance. His likeness has been transformed into an exclusive trading card by the anime-inspired NFT brand, a move that showcases his dedication to the space.

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The spotlight shines on Mahomes and Azuki at an intriguing juncture. Mahomes is basking in unparalleled mainstream success, while Azuki strives to recover from a turbulent summer that eroded its credibility within the crypto community. Despite a significant 79% decline in Azuki's floor price in the last two months, Mahomes remains undeterred.

This isn't Mahomes' inaugural foray into the crypto arena. During the early 2021 NFT craze, the quarterback earned $3.7 million from his digital collectibles. He also endorsed projects like VirtualStax, which courted controversy by making lofty revenue projections without delivering products, subsequently facing accusations of fraud.

While other luminaries have distanced themselves from crypto due to legal disputes, Mahomes stands out by his persistent involvement. Stars like Tom Brady and Steph Curry have become entangled in litigation related to their endorsements of crypto exchanges and questionable firms. In stark contrast, Mahomes isn't shying away from the potential risks tied to his reputation and financial interests. His unwavering commitment to exploring the crypto landscape is a testament to his unyielding determination. Perhaps we could learn a thing or two from him.


References:
https://abc11.com/sec-crypto-lawsuit-justin-son/12992316/#:~:text=SEC%20charges%20Tron%20founder%20Justin,Jake%20Paul%2C%20others%20for%20violations&text=NEW%20YORK%20%2D%2D%20The%20Securities,were%20paid%20to%20promote%20crypto.

https://decrypt.co/148882/super-bowl-mvp-patrick-mahomes-launches-own-nft-platform

https://decrypt.co/153558/patrick-mahomes-cant-quit-crypto

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My name is Edwin Ifeanyi Louis (eil7304) and I love to write about finance and investing, movies, technology, gaming, fiction and just about any topic that piques my interest on a Blockchain platform called Hive.

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