Tuesday, October 4, 2022

UFC Fighters Billed to Receive Their Fan Bonus in Bitcoin

The Ultimate Fighting Championship (UFC) has disclosed that its fighters would have their fan bonuses paid in Bitcoin (BTC). Making this announcement public, the UFC noted that this new payment arrangement has been made possible by its cryptocurrency exchange sponsor Crypto.com.

As a result of this partnership deal, the three most outstanding performers in the pay-per-view (PPV) event would be receiving their fan bonus which differs from the regular fight bonus in Bitcoin from Crypto.com.

Starting with the scheduled UFC 273 event between Volkanovski and The Korean Zombie which is slated for Saturday, April 9, lovers of the mixed martial arts sports would be able to cast their votes on the Crypto.com webpage, thereby deciding on which three fighters should walk away with the mega Bitcoin bonuses which range from $10,000 to $30,000.

UFC President, Dana White while praising the organization’s partnership with Crypto.com said that the newly included Fan bonus for fight nights would bring about increased engagement from lovers of the sport, while also giving the fighters greater earning power in the form of rewards for their outstanding performances.

White explained that the fighter who clinches the number one position would receive a fan bonus worth $30,000, while the second and third spot winners would receive $20,000 and $10,000 respectively, all paid in Bitcoin.

Crypto Partnerships Becoming the New Normal

The sports industry is one sector that has refused to hide its affection for cryptocurrency and blockchain technology in general as the interplay of romance between both sectors continues to soar with diverse partnerships.

Beyond just the UFC, FIFA which is the governing body of the biggest global sport- football had recently announced cryptocurrency exchange Crypto.com as an official partner for the forthcoming FIFA 2022 World Cup which is to be held in Qatar.

The National Football League (NFL) on its part also announced just recently that clubs in the league can now accept sponsorship from blockchain firms.

Aside from just partnerships, stars in diverse sports such as the United States National football league have also requested that their paychecks come in cryptocurrency instead of the traditional Fiat currency.

Victoria Nye
A Blockchain columnist who is enthusiastic about developing a network interface between the real world and the cryptosphere.

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