MMA Entertainment Giant UFC pays fighters Bitcoin bonuses – Bitcoin news

MMA Entertainment Giant UFC pays fighters Bitcoin bonuses – Bitcoin news

On April 7, digital currency exchange Crypto.com announced that fighters from the Mixed Martial Arts (MMA) company, Ultimate Fighting Championship (UFC), will be able to win Fight Night bonuses to be paid out in bitcoins. Fight Night bonus payouts will vary depending on the placement, and competitors who finish first will be paid $ 30,000 in bitcoins to win.

The UFC and Crypto.com pay athletes bonuses in bitcoins through the fan voting process

Later partnership with UFC during the first week of July 2021, the cryptocurrency exchange Crypto.com announced on Thursday bitcoin bonuses for UFC athletes who place first, second and third in the Fight Night competition. Moreover, the placement decision will be made by a vote of the fans to select the top three fighters from each UFC pay-per-view (PPV) event. “Bitcoin bonuses include $ 30,000 for first place, $ 20,000 for second place and $ 10,000 for third place,” Crypto Exchange announcement explains.

MMA Entertainment Giant UFC pays fighters Bitcoin bonuses – Bitcoin news
The first bitcoin (BTC) bonus Fight Night PPV event will take place on Saturday, April 9 during UFC 273: Volkanovsky vs Korean Zombie.

The bitcoin (BTC) the bonuses will be based on the then USD exchange rate, and the first bitcoin bonus Fight Night will be on UFC 273: Volkanovsky against a Korean zombie. The UFC tournament will be held on Saturday, April 9 at the VyStar Veterans Memorial Arena in Jacksonville, Florida. “Crypto.com has been an official UFC partner for less than a year, and I’m telling you they’re already one of the best partners we’ve ever had,” UFC President Dana White said in a statement. The UFC Executive Director added:

[Crypto.com is] we are constantly coming up with new ideas on how we can work together to connect with fans. This new Fan Bonus night is a great way for fans to get more involved in our events while rewarding fighters for bad performances.

According to the announcement from Thursday, every UFC PPV event will have a fan vote and fans will use the URL crypto.com/fanbonus to access the portal. Crypto.com says voting is open to all users around the world and fans get three votes per PPV event. Fans can vote for two fighters per fight and voting begins at the beginning of the PPV preliminary matches, while voting ends one hour after the Fight Night event.

“Central to our partnership with the UFC is creating the most unique and compelling ways for fans to connect with the sport and their favorite athletes,” said Steven Kalifovic, Marketing Director of Crypto.com. “We are thrilled with this next step in our partnership with the UFC and excited to build even more innovative and exciting experiences as our partnership continues.”

Labels in this story

Bitcoin, Bitcoin (BTC), Bitcoin bonuses, BTC Bonus, Crypto.com, crypto.com/fanbonus, Dana White, Fan voting, Fight Night Competition, Fight Night event, PPV, PPV preliminary matches, Steven Kalifovic, UFC, UFC 273, UFC 273: Volkanovsky vs. Korean Zombies, UFC partner, UFC President

What do you think about the UFC and Crypto.com giving fighters bonuses in bitcoins? Tell us what you think about this topic in the comments section below.

MMA Entertainment Giant UFC pays fighters Bitcoin bonuses – Bitcoin news

Jamie Redman

Jamie Redman is a news anchor on Bitcoin.com News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about disruptive protocols appearing today.




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