Posted by on June 28, 2014

Jan Bloemen gets paid in cryptocurrency

There are almost 3,000 athletes competing at the Peyongchang Olympics, but there is only one who is paid in cryptocurrency.

Canadian speed skater Ted Jan Bloemen recently became the first athlete canada goose uk shop to be paid in virtual money when he struck a one year sponsorship deal with ONG Social, a social network and crypto community, and CEEK VR, a developer of virtual reality experiences.

It’s often not easy being a Winter Olympian, particularly in securing financial support to fund the pursuit of sport success, with Bloemen is exploring a “whole new frontier,” according to his agent.

The double world record holder plans to share his Olympic journey on the ONG Social network and star in a 360 virtual reality experience on CEEK VR. In return, he will earn cryptocurrency rewards.

“Speed skating success is all about progression building and building to peak at the right canada goose outlet nyc time,” said Bloemen in a joint statement with CEEK VR and ONG Social last month to announce the deal.

If it’s a deal that provides exposure for ONG and CEEK VR, it could also be a smart move with Mary Spio, who is the CEO and founder of the virtual reality company, pointing out that athletes would increasingly use VR to improve their canada goose outlet canada goose outlet in usa performance.

“Bloemen’s support for cutting edge technologies is reflective of his proclivity for goose outlet canada pushing the boundaries,” said Spio in canada goose factory sale a statement.

“We believe Virtual Reality isn’t just great for our audience (Ceekers) but will ultimately be used for training and maximizing player performance and potential.”

Although virtual currencies can fluctuate wildly, Bloemen said he was “excited” about his new endorsement, adding he felt like he canada goose outlet toronto factory had got canada goose outlet online “two new teammates to help put me over the top, at the most canada goose outlet store important point uk canada goose outlet in the season.”

Bitcoin, the best known cryptocurrency, soared to cheap canada goose uk close to $20,000 last year, before collapsing in December. It canada goose black friday sale was trading at just over $8,573 at the end of the week. The cryptocurrency was founded in June.

Although it’s not known how many coins Bloemen stands to receive, he told Canada’s National Post that the deal was “a minimum amount in cash, but most in cryptocurrencies.”

He added: “For me, the real risk of not getting anything is not there, because I got a little (cash) out of it already.

“And that cheap canada goose combination makes this sponsorship really fun, canada goose outlet right. Because we’re going to help each other. I’m trying to get them a little more exposure to make them succeed, and that would help all of us, right.”

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Lawrence Baslaw, Bloemen’s agent and president of Baslaw +Associates Inc., called the endorsement “a first for any athlete.”

He added: “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 Canada Goose Outlet industry as a whole.”

Although Bloemen was born and raised in the Netherlands, he changed nationality during the 2014 official canada goose outlet 15 season after he failed to make the Dutch speed skating canada goose outlet parka team for the Sochi Olympics.

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Bloemen, whose father was born in New Brunswick, Canada, has blossomed while competing under the Canadian flag.

In November 2015, Bloemen set a new world record in the 10,000 meters, smashing the canada goose coats old record held by his former teammate from the Netherlands, Sven Kramer, by more than five seconds in Salt Lake City.

In December, he broke Kramer’s 10 year old 5,000m world record by 1.5 seconds, once again in Salt Lake City. After that race, he controversially took the label bearing Kramer’s name and world record mark off canada goose outlet new york city the wall of the arena and broke it into pieces.

In Pyeongchang, Bloemen will be up against triple Olympic champion Kramer, Holland’s biggest speedskating star, in the 5,000m, 10,000m and the team pursuit.

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