NASCAR Xfinity series driver Brandon Brown has signed a sponsorship deal with LGBCoin that doesn't include advertising on his car.
Brown finished 16th in the 2021 Xfinity Series standings.
The NASCAR Xfinity series driver has inked a two-year sponsorship deal worth with the cryptocurrency worth a reported "eight figures," even though he hasThe exact dollar amount of the deal was not announced, but LGBcoin said Brown is now a "holder" of the currency and his spokesperson confirmed to FOX Business that he is being paid in "both cash and coin.
The meme coin was inspired by the "Let's Go Brandon" saying that has become popular among critics of the Biden administration after an NBC Sports reporter misinterpreted the crowd at Talladega Superspeedway chanting "F--- Joe Biden" during a televised interview with race winner Brown.LGBcoin says its product "allows owners to digitally voice their support for America and the American dream" but cautions that it has "no intrinsic value.
"I’m working to achieve my own American dream," Brown said in a press release. "I’m humbled and thankful for LGBcoin.io’s reaffirmed support for my professional journey and their commitment to maintain a patriotic message." Brown will participate in events, videos, conferences and other activities promoting the product through 2023.
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