Expert blended martial arts competitors the Ultimate Battling Champion (UFC) has actually revealed strategies to pay fighters bonus offers in Bitcoin (BTC) in a collaboration with crypto exchange Crypto.com.
BTC payments will be offered by the company to the leading 3 fighters (figured out by votes from fans) on each UFC pay-per-view occasion. The bonus offers will be provided by a UFC sponsor and not by UFC itself.
Throughout each pay-per-view occasion, fans can choose the ‘fan bonus offer of the night’ on Crypto.com/ FanBonus which is open to all users on a worldwide scale.
Each fan will have 3 votes to utilize per pay-per-view and can choose 2 users within each duration. Ballot opens at the start of the pay-per-view prelims, ending an hour prior to completion of the occasion.
The 3 fighters picked will divide the amount of $60,000 worth of crypto. In a declaration, Crypto.com described the breakdown of the overall quantity. $30,000 will be granted to top place, $20,000 to 2nd and $10,000 to 3rd, paid in BTC based upon the currency exchange rate in United States dollars.
Crypto.com chief marketing officer Steven Kalifowitz stated: “Central to our collaboration with UFC is developing the most special and engaging methods for fans to get in touch with the sport and their preferred professional athletes.
” We are delighted for this next action in our collaboration with UFC and delighted to construct much more ingenious and interesting experiences as our collaboration continues.”
Crypto.com has actually been making headings in the sports world for a long time, not just on the planet of UFC however likewise on the planet of basketball.
In November 2021 the exchange handed over a large $700m for LA Lakers arena identifying rights, the very same month that itself and UFC broadened its collaboration to consist of a multi-year licensing contract for an unique series of UFC NFTs.
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