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 will likely be distributed among the many prime three fighters evaluated by fan voting.
$60,000 price of BTC to be distributed
These BTC rewards will likely be becoming a member of the standard money bonus for Struggle of the Evening and particular person efficiency within the occasion. As per the release, the Prime 3 fan vote getters will likely 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 yr, the platform struck the deal to develop into 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 one of the best associate they ever had. Whereas he additionally talked about that this new fan bonus of the night time will appeal to new extra followers to their occasion. Then again, it’ll reward the fighters for his or her efficiency.
Crypto.com entering into sports activities subject
The introduced Bitcoin reward will likely be first featured in UFC 273 fundamental occasion which will likely be fought on April 9. This reward introduced simply earlier than the scheduled battle might be termed as a promotional transfer by each events.
Cryptocurrency adoption within the subject of athletics elevated dramatically. Many sports activities stars are actually taking their paychecks in crypto solely. Nevertheless, Crypto.com has reportedly bid $700 million to place his identify over 2 NBA groups’ floor.
Crypto.com has unfolded its promotional marketing campaign masking completely different sports activities fields. This contains Formulation 1® Crypto.com Miami Grand Prix, partnerships with Paris Saint-Germain (PSG) Philadelphia 76ers, Australian Soccer League.
