MMA Entertainment Giant UFC to Pay Fighters Bitcoin Bonuses

On April 7, the digital forex alternate Crypto.com introduced that fighters from the blended martial arts (MMA) promotion firm, Ultimate Fighting Championship (UFC), will be capable to win Fight Night bonuses that shall be paid in bitcoin. Fight Night bonus payouts will range relying on placement, and contestants that end first place will receives a commission $30,000 in bitcoin for the win.

UFC and Crypto.com to Pay Athletes Bonuses in Bitcoin by way of Fan Voting Process

After partnering with the UFC throughout the first week of July 2021, the cryptocurrency alternate Crypto.com introduced on Thursday bitcoin bonuses for UFC athletes who place first, second, and third in a Fight Night competitors. Moreover, the location resolution shall be executed by fan voting as a way to select the highest three finest fighters from every UFC pay-per-view (PPV) occasion. “Bitcoin bonuses embody $30,000 for First Place, $20,000 for Second Place, and $10,000 for Third Place,” the crypto alternate’s announcement explains.

The bitcoin (BTC) bonuses shall be primarily based on the USD alternate price on the time and the primary bitcoin bonus Fight Night shall be at UFC 273: Volkanovski vs the Korean Zombie. The UFC event will happen on Saturday, April 9 on the VyStar Veterans Memorial Arena in Jacksonville, Florida. “Crypto.com has been an official UFC accomplice for lower than a 12 months, and I’m telling you they’re already among the finest companions we’ve ever had,” UFC president Dana White mentioned in a press release. The UFC government added:

[Crypto.com is] always arising with new concepts about how we will work collectively to attach with the followers. This new Fan Bonus of the Night is an superior option to get followers extra engaged in our occasions whereas rewarding the fighters for bad-ass performances.

According to the announcement on Thursday, every UFC PPV occasion can have fan voting and followers will leverage the URL crypto.com/fanbonus to entry the portal. Crypto.com says the voting is open to all customers globally and followers get three votes per PPV occasion. Fans can vote for 2 fighters per bout and voting begins at first of the PPV preliminaries, whereas voting ends an hour after the Fight Night occasion.

“Central to our partnership with UFC is creating probably the most distinctive and compelling methods for followers to attach with the game and their favourite athletes,” Steven Kalifowitz, Crypto.com’s chief advertising officer mentioned. “We are thrilled for this subsequent step in our partnership with UFC and excited to construct much more revolutionary and interesting experiences as our partnership continues.”

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