Crypto com ufc

This “Fan Bonus of the Night” will be in addition to the traditional Fight of the Night and Performance bonuses awarded to UFC athletes by UFC President Dana White following each UFC event. Crypto com and ufc Endeavor-owned Ultimate Fighting Championship agreed to a fight kit deal with cryptocurrency platform Crypto.com on Wednesday, the company told CNBC.

Most UFC sites offer gamblers the option to deposit bitcoin on UFC to pursue Bitcoin UFC betting. With these bitcoin sports betting websites, a gambler does not have to worry about conversion rates and can deposit bitcoin tokens worldwide, and the deposit process is instantaneous within 5 minutes or less. Also Read Apparel manufacturer Venum is also UFC's existing partner and also has its logo on the fighters' kits. When asked how Crypto.com's partnership is different, UFC spokesperson Chris Bellitti told The Block that Venum is UFC's "official outfitting and apparel partner, meaning Venum designs the fight kits for athletes to wear in competition as well as the fan apparel available for purchase."

Blockchain application platform VeChain has secured a five-year, $100 million deal with mixed martial arts organization UFC. SEC Charges Samuel Bankman-Fried with Defrauding Investors in Crypto Asset Trading Platform FTX The new arrangement expands the scope of the historic sponsorship partnership reached earlier this year that provides massive exposure for Crypto.com as UFC’s first-ever global Official Fight Kit Partner. The new deal includes a multi-year licensing agreement for an exclusive series of UFC NFTs and a revenue share component. In addition, UFC athletes will receive fifty percent of UFC’s revenue from NFT sales.

The Bitcoin prizes will come in addition to performance bonuses awarded by the UFC President after each event. The exact amount of Bitcoin will depend on the exchange rate when the prizes are paid out. Nicolau is the first Latin American UFC athlete to take a paycheck in bitcoin April 08, 2022 — 12:32 pm EDT