UPDATE 5 – (1-8-2022): LGBcoin.io today announced that it will double-down on its financial commitment to NASCAR driver Brandon Brown and his racing team in an expanded two-year sponsorship and personal endorsement deal. The partnership between Brandon Brown and the pro-America crypto coin will include personal participation in publicity events, videos, crypto conferences, racing-related events and more, though won’t include car decals.
“I’m working to achieve my own American dream,” said Brown. “I’m humbled and thankful for LGBcoin.io’s reaffirmed support for my professional journey and their commitment to maintain a patriotic message. LGBcoin.io has already demonstrated incredible potential and I’m excited to help build this brand through the 2022 season and beyond.”
Brown is now a holder and endorser of the most talked about crypto product in America. The original sponsorship announcement on December 30, 2021 had the highest single-day viewership and media reach of any crypto project in industry history, engaging millions of fans with coverage from nearly every major media brand, spanning sports, news, politics, crypto, racing, and entertainment publications.
Up until NASCAR’s surprising comments to the media after the initial announcement, LGBcoin.io reached a market cap of $580 million and added thousands of new coin holders within a 24 hour period. That kind of excitement and interest in the project, in Brandon, and in a pro-America message is the driving force behind LGBcoin.io’s decision to double-down on its commitment. The project hopes those passionate about America and free speech will support Brandon and the project.
“We’re standing firm with Brandon,” said LGBcoin.io Foundation. “He is first and foremost a terrific racecar driver and symbolizes everything that’s great about this country. Brandon proved that with enough hard work, passion and talent, anyone can be successful in America. We’re also proud to be associated with his positive outlook, regardless of the challenges thrown his way.”
“Brandon Brown is a rising star in motorsports,” LGBcoin.io Foundation continued. “His impressive talent, passion and achievements behind the wheel deserve to be rewarded and celebrated, and nothing will deter us from driving that message home.”
— LGBCoin —
UPDATE 4 – (1-5-2022): Max Marcucci, a spokesperson for Brandonbilt Motorsports provided Bob Pockrass a statement on NASCAR’s decision to not approve the LGBcoin.io sponsorship.
“NASCAR did not speak with Brandonbilt Motorsports prior to making their decision to rescind the approval and multiple attempts to set-up a conversation to address the matter went unacknowledged,” the statement began.
Statement from Max Marcucci, a spokesman for Brandonbilt Motorsports on the NASCAR decision not to approve the LGBcoin sponsorship: pic.twitter.com/pdGXJ1Gejt
— Bob Pockrass (@bobpockrass) January 5, 2022
UPDATE 3 – (1-4-2022): According to Bob Pockrass from Fox Sports, NASCAR has stated the LGBcoin.io sponsorship is not approved to be on Brandon Brown’s No. 68 Chevrolet.
NASCAR has made the final decision that the LGBcoin sponsorship for Brandon Brown is not an approved sponsorship to be on the car.
— Bob Pockrass (@bobpockrass) January 5, 2022
UPDATE 2 – (1-2-2022): “We are very aware and appreciative of the process required to approve sponsors and paint schemes and would not attempt to circumvent that process.
Brandonbilt Motorsports submitted our most recent sponsors and paint scheme to NASCAR, following the standard approval process that we have undertaken many times before without issue. We received written approval on the sponsors from a NASCAR Racing Operations official on December 26, 2021. The team subsequently moved forward with an announcement only after being provided with this approval.
The sponsor approval was unambiguous–the first four words of the email from NASCAR state, ‘The sponsors are approved…’ The only feedback offered was related to minor graphic design changes to ensure legibility on the track at 170mph.
We will continue to work with NASCAR and look forward to resolving this matter and clearing the air as soon as possible.
— Brandonbilt Motorsports —
UPDATE (12-31-2021): Brandon Brown has announced a new full-season sponsor for the 2022 NASCAR Xfinity Series season. However, the sponsor has not yet been approved by NASCAR.
Late Thursday afternoon, a NASCAR spokesperson confirmed to Motorsport.com that the LGBcoin_io sponsorship for Brown has not yet been approved and the team “jumped the gun” in publicizing its announcement Thursday morning.
— Motorsport.com —
Original Post (12-30-2021): Brandonbilt Motorsports (BMS) announced today that cryptocurrency meme coin LGBcoin.io (LGBcoin / $LGB) has signed on as the team’s full season primary partner for the 2022 NASCAR Xfinity Series (NXS) season.
The partnership marks the latest crypto outfit to back a NASCAR driver and team, a growing trend not only in motorsports but across all professional sports leagues. In 2022, BMS driver Brandon Brown will sport an eye-catching red, white, and blue livery with the logo and wordmark of LGBcoin aboard his No. 68 Chevrolet Camaro for all 33 races of the NXS season.
LGBcoin is a new, decentralized meme cryptocurrency similar to other meme coins and tokens such as Dogecoin and Shiba Inu, that has achieved a market capitalization of more than $300 million in less than six months. The patriotic coin dubbed “America’s Coin” aims to inspire positivity and unity, grounded in a strong belief of the American dream.
“We are thrilled to partner with Brandonbilt Motorsports and Brandon Brown for the 2022 NASCAR Xfinity Series season,” said James Koutoulas, LGBcoin HODLer and founder of Typhoon Capital Management. “Brandon is not only an incredibly talented driver, but also a thoughtful individual wise beyond his years. His commitment and singular focus on his profession is inspiring and his personal story is one that we can all be proud of—an American story of success and perseverance. Brandon is truly America’s Driver.”
“We are proud to support Brandon this season, to help him continue his American dream,” said Koutoulas. “If we do our job right, when you think of us, and you hear, ‘Let’s Go Brandon,’ you’ll think and feel, ‘Let’s Go America.’”
After securing funding from a portfolio of crypto related entities during the 2021 NXS season, Brown becomes the first NASCAR driver to land multiple crypto deals and distinguishes himself as an early attractor for meme and crypto partnerships.
“Having the financial support of LGBcoin is incredible, especially at such a pivotal time in our team’s growth as we work to build to the next level of competition,” said Brown. “From wondering if we would have the financial means to continue to compete, to my first major win (at Talladega no less), to becoming an unintentional meme, this past season was a rollercoaster. The support of sponsors like LGBcoin empowers us to be as competitive as possible and I’m looking forward to competing hard on the track in 2022.”
LGBcoin will make its racing debut aboard Brown’s No. 68 Chevrolet Camaro during the NASCAR Xfinity Series season opener at Daytona International Speedway on Saturday, February 19, 2022.
— Brandonbilt Motorsports —