‘Even flirting can get crypto. Where do you want to register? '
The Ultimate Fighting Championship (UFC) will start paying bonuses to its boxers in the form of cryptocurrencies.
The new bonus is part of a 10 -year deal worth US $ 175 million between Mixed Martial Arts (MMA) company and Crypto.com, which is the largest sponsorship in UFC history.
What is known so far, bitcoin payments will be given to the top 3 boxers in the UFC pay-per-view event which will be decided by fan votes.
The top lottery winner will win a bitcoin worth $ 30,000 while 2nd place is worth $ 20,000 and $ 10,000 is in 3rd place.
UFC President Dana White in a statement expressed her excitement about the sponsorship from Crypto.com and described the crypto company as the best partner the UFC has ever had.
White added that the addition of a voting system called Fan Bonus of the Night is part of a plan to attract fans to be more involved in the rewards event for their favorite boxers.
Among most major leagues in the United States (US), the Endeavor -owned UFC is often criticized for only giving 20% compensation to boxers, while other leagues give half of their results.
In the meantime, the bitcoin bonus will also include a $ 50,000 performance bonus that the UFC will give at each event as well as 2 $ 50,000 bonuses given to each boxer in a fight called Fight of the Night.
Roughly speaking, a boxer can earn $ 80,000 dollars and cryptocurrencies based on this new bonus system.
The use of crypto is seen to be increasingly popular among athletes, where stars in various types of sports are seen agreeing to receive salaries in digital form.
It is common knowledge that Crypto.com has a large sports sponsorship portfolio including the Los Angeles arena, the recently announced F1 race in Miami, the Philadelphia 76ers, the Australian Football League and French football club Paris Saint-Germain.
