The Final Combating 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 value of BTC might be distributed among the many high three fighters evaluated by fan voting.
$60,000 value of BTC to be distributed
These BTC rewards might be becoming a member of the standard money bonus for Struggle of the Night time and particular person efficiency within the occasion. As per the release, the High 3 fan vote getters might 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 most important sponsorship for UFC. Final yr, the platform struck the deal to turn out to be the UFC’s official Equipment accomplice. In November, the partnership expanded into launching an unique collection of UFC NFT.
Dana White, UFC president, praised Crypto.com for being the most effective accomplice 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. However, it is going to reward the fighters for his or her efficiency.
Crypto.com moving into sports activities discipline
The introduced Bitcoin reward might be first featured in UFC 273 primary occasion which might be fought on April 9. This reward introduced simply earlier than the scheduled battle may be termed as a promotional transfer by each events.
Cryptocurrency adoption within the discipline 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 masking completely different sports activities fields. This contains Components 1® Crypto.com Miami Grand Prix, partnerships with Paris Saint-Germain (PSG) Philadelphia 76ers, Australian Soccer League.