Dont think I'd call it positive unless the crypto company requires the advertising to gain customers then its justified. If they spend without getting enough back then its a bit of a waste so Im not sure they will especially.
A company sponsor in a way to grow and develop, by so doing, more people will know more about the company. If Algo is sponsoring FiFA, definitely there will be ads also that would be advertised about the company, I do not see this as a waste of time at all but just a means people to know about Algo, but by so doing, people are also knowing about cryptocurrencies. I do not know the contract between FiFA and Algo yet, but it will most likely be the way I said it. 
Topic: Crypto moving into world. Algo sponsor FIFA - page 2. (Read 649 times)
I repeat this again: they are talking about blockchain acceptance, they are not talking about accepting that this altcoin is used as a payment method, they are very different things, that is, this news will not have any impact on the price of this altcoin, of course it can have pump and dump, but it won't have a solid impact on the price in the long run because no one will be buying it to use in fifa. another point is that this news does not benefit bitcoin, unless of course it was something that said that fifa is accepting bitcoin as a payment method, in this scenario we would see an increase in the price of bitcoin but we would also have to analyze how many people would be using bitcoin in fifa and why would they use it?
Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.
But that's the reality of Cryptocurrency now, new altcoins coming in claiming to be the next big thing, they tried to manipulate the market by making huge advertisements like this and trying to pump their own token, the structure of the market, and the technology is very different from when it was just starting out when all focus is on Bitcoin.
Investors just want to make a profit and if they see coins like Luna creating a huge hype, they will go for it, even if the mechanism is not perfect just like Bitcoin.
in the last month altcoins have become shit after the fight case i am terrified of using altcoins as a long term investment, i only use it to transfer money quickly or place sports bets but i use it with great caution
Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.
But that's the reality of Cryptocurrency now, new altcoins coming in claiming to be the next big thing, they tried to manipulate the market by making huge advertisements like this and trying to pump their own token, the structure of the market, and the technology is very different from when it was just starting out when all focus is on Bitcoin.
Investors just want to make a profit and if they see coins like Luna creating a huge hype, they will go for it, even if the mechanism is not perfect just like Bitcoin.
in the last month altcoins have become shit after the fight case i am terrified of using altcoins as a long term investment, i only use it to transfer money quickly or place sports bets but i use it with great caution
Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.
But that's the reality of Cryptocurrency now, new altcoins coming in claiming to be the next big thing, they tried to manipulate the market by making huge advertisements like this and trying to pump their own token, the structure of the market, and the technology is very different from when it was just starting out when all focus is on Bitcoin.
Investors just want to make a profit and if they see coins like Luna creating a huge hype, they will go for it, even if the mechanism is not perfect just like Bitcoin.
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The recent AFCON was sponsored by Binance. Blockchain network Algorand (ALGO) will sponsor FIFA, you can read more information about this on the quote or click on the link on the quote for the full news information. Crypto related businesses are getting more into the real world, this will favour Algo but also cryptocurrencies is becoming the trend in the world. What do you people see about this, with this more people will also know about cryptocurrencies.
Football is the sport that has the most fanatical fans in the world, especially the FIFA world cup which is the world's biggest football eventThe recent AFCON was sponsored by Binance. Blockchain network Algorand (ALGO) will sponsor FIFA, you can read more information about this on the quote or click on the link on the quote for the full news information. Crypto related businesses are getting more into the real world, this will favour Algo but also cryptocurrencies is becoming the trend in the world. What do you people see about this, with this more people will also know about cryptocurrencies.
Binance, ALGO and Crypto.com are crypto platforms that have sponsored major sporting events, a lot of the world's eyes will be watching and for sure we will see considerable adoption of crypto take place
Dont think I'd call it positive unless the crypto company requires the advertising to gain customers then its justified. If they spend without getting enough back then its a bit of a waste so Im not sure they will especially. A company has to establish itself in many ways to go ahead and address the mainstream public, its wasted if you are just a specialist company and people see no reference to what they already know. Hope its works for them but also I wonder if its a bit of a waste when the net itself has more relevant potential customers.
I never cared about ALGO and still don’t know what it is about or what tech they use but if FIFA can endorse it, i guess it is worth taking a look. I’ll still won’t invest in it probably because I am pretty much done with altcoins but who knows if algo survives this bear market maybe i may invest in it.
You can say that because you are new to it but you can do a research to find out more about this coin and if what is it all about. We should care about it because algo doesn't only represent itself but it also represents the whole crypto to the whole world. This is not an ordinary project but they are using a different kind of technology for them to get noticed by the fifa and also this project has a lot of budget.It's definitely worth taking a look if you haven't yet. Not all altcoins are the same so you can give this one a chance. With the fifa beside them, algo can easily survive the bear because they can always get a demand. Don't wait for too long.
This is only positive news for Bitcoin and crypto in general,it is expected that the FIFA World Cup will have a lot of audience,already 23 million persons are fighting to get a ticket to be present to watch the games live in the stadiums while all the world will cherish for their favorite teams when they will play by watching them on TV.This sponsorship will have a global scale audience and surely I predict that it will make a lot of persons curious about what crypto is and how it works and how can they be part of it.Only good comes from such partnerships.
How can an altcoin advertising it self by on football stadiums be positive news for Bitcoin?
I'd really like this to change something in the crypto world, but in the recent months altcoins were more of a negative influence on bitcoin than the other way round. A good example is Luna that bought 1 billion in bitcoin and it barely moved the price, but when it dumped all of it on centralized exchanges it crashed us to where we're now.
Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.
World football’s governing body confirms collaboration with green blockchain technology company Algorand
Algorand will become the official blockchain platform of FIFA
Partnership announced by FIFA President Gianni Infantino and Algorand founder Silvio Micali in Los Angeles, USA
FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal.
The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.
Algorand will become the official blockchain platform of FIFA
Partnership announced by FIFA President Gianni Infantino and Algorand founder Silvio Micali in Los Angeles, USA
FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal.
The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.
The recent AFCON was sponsored by Binance. Blockchain network Algorand (ALGO) will sponsor FIFA, you can read more information about this on the quote or click on the link on the quote for the full news information. Crypto related businesses are getting more into the real world, this will favour Algo but also cryptocurrencies is becoming the trend in the world. What do you people see about this, with this more people will also know about cryptocurrencies.
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Cryptocurrency is already heavily in football even before AFCON. A lot of coins are now getting attention when they are the sponsors of a club and i wouldnt be surprised if there is a lot more thats why im not surprised that Algo sponsors FIFA so this is currently normal
I think this is a brilliant move on algorands part. Regulation could be coming down on crypto markets. The more entrenched and established crypto can become before that time, the more difficult it could be for it to be influenced. It also fosters mass adoption and helps the general public to become more crypto literate. We've seen similar moves with crypto.com entering the worlds of MMA, professional surfing and european football. Marshall Rogan Inu made a big hit in the UFC recently with some going to far as to say it was one of the biggest unifying factors they've ever seen in combat sports.
We've also seen many professional athletes embrace crypto. NFL players and MMA fighters whose salaries are paid in bitcoin. Former boxers like Mike Tyson owned bitcoin ATMs and Floyd Mayweather was invovled in ICOs.
Hollywood, entertainment and movies could be another area for crypto to explore given artists like 50 cent who have ventured into crypto investment.
We've also seen many professional athletes embrace crypto. NFL players and MMA fighters whose salaries are paid in bitcoin. Former boxers like Mike Tyson owned bitcoin ATMs and Floyd Mayweather was invovled in ICOs.
Hollywood, entertainment and movies could be another area for crypto to explore given artists like 50 cent who have ventured into crypto investment.
Initially Crypto.com got to be the sponsor of FIFA and later Byju's educational application got the deal for a whooping $40million. By that time itself it is announced that Algorand is the green partner for FIFA World Cup 2022. Also it is mentioned as the blockchain partner and this helping the FIFA to develop its digital assets strategy for Web 3.0 makes way for the growth of altcoins. More firms have begun to sponsor different events and this is the first time ab altcoin is directly getting into sponsoring/partnering an event.
I did not even know Binance sponsored Afcon and I actually even watched a few games. All the ads I saw about Afcon on TV I absolutely do not recall Binance ever being mentioned or even seen their logo or I might have remembered.
Algorand sponsoring FIFA? How does that work? And how come I still never see it?
Remember, sponsorship is not endorsement not necessarily,,, simply it is for visibility of the sponsor.
Algorand sponsoring FIFA? How does that work? And how come I still never see it?
Remember, sponsorship is not endorsement not necessarily,,, simply it is for visibility of the sponsor.
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This is normal, cryptocurrencies have become an everyday thing, and not something strange like a few years ago. They also move much more money than a few years ago. Therefore, I see it as normal for companies like this to advertise in football.
There is another thing that I also see as logical: in the same way that football spectators are a good market for bookmakers, they are also a good market for companies that operate with cryptocurrencies, as I believe that the average spectator may be more likely to invest in the fancy cryptocurrency of the moment to see if it makes a splash.
There is another thing that I also see as logical: in the same way that football spectators are a good market for bookmakers, they are also a good market for companies that operate with cryptocurrencies, as I believe that the average spectator may be more likely to invest in the fancy cryptocurrency of the moment to see if it makes a splash.
I never cared about ALGO and still don’t know what it is about or what tech they use but if FIFA can endorse it, i guess it is worth taking a look. I’ll still won’t invest in it probably because I am pretty much done with altcoins but who knows if algo survives this bear market maybe i may invest in it.
Who knows, it will make the price increase high because by becoming one of the sponsoring partners of FIFA, it will be able to attract investors who want to invest in the ALGO project.I think the progress of the ALGO project is good for now because it's not going down too deep in this bear market.
I already have some ALGO in my wallet and am waiting for the price to go up again.
Maybe this will be followed by other projects that want to be one of the partners in sponsoring a large project.
Moving on forward to a better future is a great idea, and that is how Algo does. Their support and sponsorship in sports give some insights that crypto is reliable and is valued not just for investment alone but for something that was more than that. Both have their benefits, well, of course, FIFA had to carry their support back to Algo as well.
Many businesses platform was been already in blockchain technology and it was great to see that sport is now on the way to adapting to the new technology.
Many businesses platform was been already in blockchain technology and it was great to see that sport is now on the way to adapting to the new technology.
I never cared about ALGO and still don’t know what it is about or what tech they use but if FIFA can endorse it, i guess it is worth taking a look. I’ll still won’t invest in it probably because I am pretty much done with altcoins but who knows if algo survives this bear market maybe i may invest in it.
this is great news, the FIFA world cup is the biggest football event in the world with billions of spectators waiting for their favorite country to compete, this is the perfect step to encourage mass adoption of crypto, congratulations algorand on your successful collaboration with FIFA.
It is a good sign that Altcoins are beginning to make progress with adoption through sponsorship and partnership but I prefer if it is Bitcoin, If they don't tell through a short description that Algo is an altcoin, many shouldn't know that it is an Altcoin but once they hear bitcoin, it will send the right message to viewers.
Anything that will foster the use of cryptocurrency is a green light for all, we will be delighted one day if all continue to follow the same steps as Algo, we will go far just like the way Fanntom did with Fomula.
Well I see this as very positive, especially for altcoins, many are always looking to have BTC and I don't blame them for wanting to have the best currency in the world, however this gives rise to the fact that the coin or token can be successful at least in the established period of the soccer world cup, it will also have exposure and in part it is good for BTC, because those who do not know anything will surely look for the currency that is worth the most and that is where they will run into BTC and that is where most of the adopted it, this is a world event everything can happen there and we can see a lot more demand in the BTC market, I see it from that positive point of view.
A event like FIFA has to find sponsors that wont collide and conflict with each other I suppose, crypto is useful in being quite distinct and a new innovative sector of the economy. Its good to see crypto develop well established companies that would benefit from long term advertising like this, it suggests long term revenues and hopefully a more secure economy not just the (market) spiking highs and lows we are all familiar with.
this is great news, the FIFA world cup is the biggest football event in the world with billions of spectators waiting for their favorite country to compete, this is the perfect step to encourage mass adoption of crypto, congratulations algorand on your successful collaboration with FIFA.
It is a good sign that Altcoins are beginning to make progress with adoption through sponsorship and partnership but I prefer if it is Bitcoin, If they don't tell through a short description that Algo is an altcoin, many shouldn't know that it is an Altcoin but once they hear bitcoin, it will send the right message to viewers.
Anything that will foster the use of cryptocurrency is a green light for all, we will be delighted one day if all continue to follow the same steps as Algo, we will go far just like the way Fanntom did with Fomula.
this is great news, the FIFA world cup is the biggest football event in the world with billions of spectators waiting for their favorite country to compete, this is the perfect step to encourage mass adoption of crypto, congratulations algorand on your successful collaboration with FIFA.
It is a good sign that Altcoins are beginning to make progress with adoption through sponsorship and partnership but I prefer if it is Bitcoin, If they don't tell through a short description that Algo is an altcoin, many shouldn't know that it is an Altcoin but once they hear bitcoin, it will send the right message to viewers.
Anything that will foster the use of cryptocurrency is a green light for all, we will be delighted one day if all continue to follow the same steps as Algo, we will go far just like the way Fanntom did with Fomula.
Considering the high rate of fan club tokens getting listed on top cryptocurrency exchanges. Football lovers are adopting cryptocurrency rapidly. And, the Algo sponsoring FIFA is a news the went viral online tempting more people who are not into cryptocurrency to use the Algorand blockchain. It's a win win for the cryptocurrency market, looking at the number of spectators that will watch the world cup.
This is why many are willing to spend more money on sponsorship because they know, it will be a good exposure for them and knowing Binance, I’m sure they still want to be on top and getting into the world cup is a good one for them. Many will surely adopt cryptocurrency especially the bettors who wants to place their bet even if they are not around, because in crypto gambling its possible to happen. Jump to: