UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV occasions

Final Combating Championship (UFC), the favored combined martial arts group, might be paying out Fan bonuses to its fighters in Bitcoin (BTC).

The fan bonus might be paid out to the top-three fighters of the pay-per-view occasion in affiliation with its official cryptocurrency platform associate Crypto.com. There might be a complete of three Bitcoin fan bonuses of the night time starting from $10,000 to $30,000. Followers from across the globe can vote for the BTC bonuses of the night time on the official Crypto.com web site on the day of the occasion.

The primary Bitcoin fan bonus might be launched throughout the upcoming “UFC 273: Volkanovski vs the Korean zombie” PPV occasion scheduled for April 9. The Bitcoin fan bonus might be an addition to the standard Combat of the Evening and Efficiency bonuses awarded to UFC athletes.

UFC president Dana White lauded their current affiliation with Crypto.com, saying:

“This new Fan Bonus of the Evening is an superior technique to get followers extra engaged in our occasions whereas rewarding the fighters for bad-ass performances.”

Associated: NFT-funded racing aims to disrupt sports sponsorships

Sports activities and crypto have proven probably the greatest synergies over the previous couple of years, with a number of main sporting firms and occasions partnering with rising crypto tech. UFC being a worldwide sporting model was among the many first to combine crypto-based promotions and even inked a $175 million sponsorship cope with Crypto.com in July final yr.

UFC fighters quite similar to NFL stars have also opted for BTC and crypto paychecks over fiat payouts. The foremost combined martial artwork sports activities firm has additionally wager massive on nonfungible tokens because the agency had launched its first official NFT in November final yr.

Other than UFC, different main sporting firms akin to System One, NBA and a number of other Soccer golf equipment around the globe have on-boarded crypto firms as their main model companions over the previous few years.