UFC to start paying bonuses to top fighters in cryptocurrency
Bitcoin payouts will be awarded to athletes at each event based on fan voting.
07.04.2022 - 15:25
565
1 min
0
What’s new? The Ultimate Fighting Championship (UFC) will start paying bonuses to fighters in cryptocurrency. Bitcoin payouts will be awarded to the top three athletes at each UFC event based on fan voting. A total of $60 000 will be distributed among the winners. The UFC plans to keep traditional cash bonuses for the best fight and individual performance as well.
Information on the Bloomberg website
What had happened before? In January, the UFC heavyweight champion Francis Ngannou revealed that he plans to receive half of the fee for participating in the January tournament in bitcoin.
In late March, Brazilian fighter Matheus Nicolau ranked 8th in the UFC’s bantamweight division, revealed that he will receive income from fights in bitcoins through the Bitwage payment system. The athlete added that earning money in BTC will allow him not to worry about his money will be lost because of the rising inflation in Brazil.
Useful material?
Market
According to the preliminary plan, the free coin giveaway will take place in January 2025
Dec 27, 2024
Market
The fund’s issuer will be Donald Trump associate Vivek Ramaswamy’s Strive company
Dec 27, 2024
Market
Digital assets have made it easier to conduct transactions in the face of sanctions
Dec 25, 2024
Mining
The restrictions are designed to maintain the balance of energy consumption, taking into account the demands of the industry
Dec 24, 2024
Market
Due to supply shortages, the asset’s pre-market exchange rate was climbing above $1000
Dec 16, 2024
Incidents
Reports about the hacking of the exchange with calls to withdraw assets began to spread on December 13
Dec 13, 2024