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The Final Preventing Championship (UFC) is the most recent 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 can be distributed among the many prime three fighters evaluated by fan voting.
$60,000 price of BTC to be distributed
These BTC rewards can be becoming a member of the normal money bonus for Struggle of the Evening and particular person efficiency within the occasion. As per the release, the High 3 fan vote getters can 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 develop into the UFC’s official Package companion. In November, the partnership expanded into launching an unique sequence of UFC NFT.
Dana White, UFC president, praised Crypto.com for being the perfect companion 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’s going to reward the fighters for his or her efficiency.
Crypto.com stepping into sports activities area
The introduced Bitcoin reward can be first featured in UFC 273 predominant occasion which can be fought on April 9. This reward introduced simply earlier than the scheduled combat might be termed as a promotional transfer by each events.
Cryptocurrency adoption within the area of athletics elevated dramatically. Many sports activities stars at the moment are taking their paychecks in crypto solely. Nonetheless, Crypto.com has reportedly bid $700 million to place his title over 2 NBA groups’ floor.
Crypto.com has unfolded its promotional marketing campaign overlaying completely 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.
