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Polkadot Secures Position as Official Training Kit Partner for Major League Soccer Club Inter Miami

Blockchain firm significantly boosts marketing efforts, with first-half of 2024 investments reaching $21 million, primarily directed towards sponsorship.

Polkadot Secures Partnership as Official Training Kit Provider for Major League Soccer Team Inter...
Polkadot Secures Partnership as Official Training Kit Provider for Major League Soccer Team Inter Miami

Polkadot Secures Position as Official Training Kit Partner for Major League Soccer Club Inter Miami

Polkadot Partners with Inter Miami for Training Kit Sponsorship

In a recent development, blockchain company Polkadot has announced its partnership with Major League Soccer side Inter Miami. The partnership, as described by Euan Warren, Inter Miami's Vice President of Partnerships, as a natural fit, will see the Inter Miami team wearing Polkadot-branded training tops during all official team training sessions and pre-match warm-ups.

The announcement also revealed that the first team training kits will feature the Polkadot logo. In addition to this, Polkadot will collaborate with Inter Miami to create fan engagement content for the MLS club's fans.

Polkadot, founded by Ethereum co-founder Gavin Wood in 2020, has been making waves in the blockchain industry. The company has been investing heavily in marketing, with a significant portion of its budget allocated towards sponsorships, marketing, PR, and digital advertising.

According to reports, Polkadot spent a total of $87 million in the first half of 2024, with $37 million (~42%) allocated to marketing, $21 million assigned to sponsorships, $10 million to marketing and PR, and $4 million to digital advertising.

The strategy behind Polkadot's marketing efforts is to create awareness and foster visibility, trust, and community growth, which are critical for Web3 projects. Leading crypto PR agencies emphasise a triad of strategies—media amplification, community activation, and investor alignment—that result in measurable outcomes such as token price increases, NFT sales surges, and community participation spikes.

However, while Polkadot's influencer marketing spending aligns with industry best practices that can drive notable gains in visibility and community metrics, conclusive evidence specifically attributing positive ROI or token price gains to Polkadot's sponsorships and influencer campaigns is not publicly documented. Effectiveness in crypto influencer marketing is best measured by community engagement, media reach, and token performance—areas where anecdotal success exists, but not specifically quantified for Polkadot.

Chrissy Hill, CLO and interim COO of Parity Technologies, expressed her excitement about the Polkadot-Inter Miami partnership. The partnership also includes fan activation and engagement through an interactive fan zone, branding at the training centre, and dynamic digital campaigns.

While the exact impact of this partnership on Polkadot's market performance remains to be seen, it is clear that the company is making strategic moves to increase its visibility and community engagement in the crypto space.

The Polkadot-Inter Miami partnership extends beyond training kit sponsorship, as the company collaborates with the MLS club to create fan engagement content, making a foray into the sports and community scene. In the realm of Web3, Polkadot continues its aggressive marketing strategies, aiming to boost visibility, trust, and growth, alongside plans for fan activation and digital campaigns in the football realm.

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