The Final Combating Championship (UFC) is the newest addition to the crypto evolution. The UFC introduced that from now they are going to be rewarding a bonus in Bitcoin (BTC) to its fighter on its pay-per-view occasions. A bonus of $60,000 price of BTC shall be distributed among the many high three fighters evaluated by fan voting.
$60,000 price of BTC to be distributed
These BTC rewards shall be becoming a member of the normal money bonus for Battle of the Night time and particular person efficiency within the occasion. As per the release, the High 3 fan vote getters shall be getting Bitcoin rewards of $30,000, $20,000, and $10,000, respectively.
The transfer is part of a 10-year, $175 million deal between Crypto.com and the combined martial arts (MMA) group. It’s reported to be the largest sponsorship for UFC. Final 12 months, the platform struck the deal to grow to be the UFC’s official Package associate. In November, the partnership expanded into launching an unique sequence of UFC NFT.
Dana White, UFC president, praised Crypto.com for being the perfect associate they ever had. Whereas he additionally talked about that this new fan bonus of the evening will entice new extra followers to their occasion. Alternatively, it’s going to reward the fighters for his or her efficiency.
Crypto.com stepping into sports activities area
The introduced Bitcoin reward shall be first featured in UFC 273 principal occasion which shall be fought on April 9. This reward introduced simply earlier than the scheduled combat may be termed as a promotional transfer by each events.
Cryptocurrency adoption within the area of athletics elevated dramatically. Many sports activities stars are actually taking their paychecks in crypto solely. Nonetheless, Crypto.com has reportedly bid $700 million to place his identify over 2 NBA groups’ floor.
Crypto.com has unfolded its promotional marketing campaign protecting totally different sports activities fields. This consists of Components 1® Crypto.com Miami Grand Prix, partnerships with Paris Saint-Germain (PSG) Philadelphia 76ers, Australian Soccer League.
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The introduced content material might embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty to your private monetary loss.
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