Crypto moving into world. Algo sponsor FIFA - page 3.

Saisher

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Quote from: Oshosondy on May 03, 2022, 02:03:18 AM

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.

Of course, FIFA is mainstream it will help the cause of the whole industry and community, not just Algo, take a lot at UFC they allow partnership with Crypto.com and because of that the whole UFC community is now aware of Cryptocurrency fighters are receiving their bonus through Cryptocurrency, that's already a big leap and Cryptocurrency is now mainstream because of the sponsorship.

jostorres

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Quote from: KTChampions on May 04, 2022, 05:34:08 PM

Quote from: dunfida on May 03, 2022, 06:53:08 PM

So this one talks about
World football’s governing body confirms collaboration with green blockchain technology company Algorand
Source

Good thing that they had made out considerations on making out collaboration with some blockchain tech company.
First time on hearing out Algorand but in overall this is a good initiative i would say.

This emphasis on "green blockchain" is troubling to me. Obviously, the Bitcoin blockchain is not considered green, so when I see such news, it seems to me that there is something anti-Bitcoin in them. Plus, I have long been annoyed by the green agenda, which has long moved away from adequate concern for the environment into the field of politics.

I think it wasn't about the blockchain but it was how bitcoins are mined, they are using too much energy due to it's difficulty. Blockchain is only the technology behind bitcoin. Not only to you but it's troubling us too, whenever there are talks about bitcoin to become more greener because the first thing that can come to our minds is they will ban bitcoin.

I am not really sure though if they are anti bitcoin or if they are only concerned about our environment because you know our environment right now is heavily damaged. We can't deny that their initiative is right but at the same time we don't want our precious bitcoin to get banned.

Finestream

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Quote from: swogerino on May 03, 2022, 04:24:35 AM

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.

Crypto has really become mainstream and with the current partnership of FIFA and ALGO, people's curiosity will always climb into a higher scale which is a very good thing on part of crypto. And obviously, FIFA will make it happen for a bigger and faster adoption of crypto in the market. This is just the start, i guess we will still witness more partnerships in the future that will make people embrace crypto in the future.

Accardo

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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.

KTChampions

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Quote from: Lanatsa on May 04, 2022, 05:59:35 PM

Quote from: KTChampions on May 04, 2022, 05:34:08 PM

This emphasis on "green blockchain" is troubling to me. Obviously, the Bitcoin blockchain is not considered green, so when I see such news, it seems to me that there is something anti-Bitcoin in them. Plus, I have long been annoyed by the green agenda, which has long moved away from adequate concern for the environment into the field of politics.

Seeing the same thing or i do have impressions that it is really indeed against Bitcoin yet green related projects do really always targets out or in opposition on Bitcoins existence which they do always claim that has
some energy consuming issues or something like that which is bullshit.For companies who do make out partnerships then they do always have those criteria on choosing one but it seems this one
isnt really that going in line with bitcoins overall adoption but rather goes to the opposite way or path.

The European Union is already preparing (at least draft laws are being discussed there) to ban cryptocurrencies on the POW blockchain. I have nothing against the POS cryptocurrencies (you can even say that I am a big enthusiast of this direction of development), but it is obvious to me that the ban on "bad" cryptocurrencies will most easily be introduced into public opinion under the pretext that there are "good" ones. In this sense, these "green" cryptocurrencies are harmful to the development of the crypto industry.

Wimex

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Quote

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.

It is one more example of the great opportunities that await bitcoin, now it is not only accepted by governments but is also being involved in important events, people are slowly realizing the potential and impact it is bringing. the BTC to society.

This collaboration between Algorand and FIFA will provide the opportunity to promote and publicize this cryptocurrency much more, benefiting them greatly.

The publication of the news was issued by the founder of Algorant Silvio Micali and the president of FIFA Gianni Infantino in the city of Los Angeles, where Infantino expressed through the media that:

Quote

The collaboration is a clear indication of FIFA's commitment to continually seeking innovative channels for sustainable revenue growth for further reinvestment back into football ensuring transparency to our stakeholders and worldwide football fans – a key element of our vision to make football truly global.

Source: https://www.coindesk.com/business/2022/05/03/algorand-scores-fifa-partnership-algo-prices-surge/

Lanatsa

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Quote from: KTChampions on May 04, 2022, 05:34:08 PM

Quote from: dunfida on May 03, 2022, 06:53:08 PM

So this one talks about
World football’s governing body confirms collaboration with green blockchain technology company Algorand
Source

Good thing that they had made out considerations on making out collaboration with some blockchain tech company.
First time on hearing out Algorand but in overall this is a good initiative i would say.

This emphasis on "green blockchain" is troubling to me. Obviously, the Bitcoin blockchain is not considered green, so when I see such news, it seems to me that there is something anti-Bitcoin in them. Plus, I have long been annoyed by the green agenda, which has long moved away from adequate concern for the environment into the field of politics.

Seeing the same thing or i do have impressions that it is really indeed against Bitcoin yet green related projects do really always targets out or in opposition on Bitcoins existence which they do always claim that has
some energy consuming issues or something like that which is bullshit.For companies who do make out partnerships then they do always have those criteria on choosing one but it seems this one
isnt really that going in line with bitcoins overall adoption but rather goes to the opposite way or path.

KTChampions

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Quote from: dunfida on May 03, 2022, 06:53:08 PM

So this one talks about
World football’s governing body confirms collaboration with green blockchain technology company Algorand
Source

Good thing that they had made out considerations on making out collaboration with some blockchain tech company.
First time on hearing out Algorand but in overall this is a good initiative i would say.

This emphasis on "green blockchain" is troubling to me. Obviously, the Bitcoin blockchain is not considered green, so when I see such news, it seems to me that there is something anti-Bitcoin in them. Plus, I have long been annoyed by the green agenda, which has long moved away from adequate concern for the environment into the field of politics.

jostorres

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Quote from: Jawhead999 on May 03, 2022, 08:48:01 PM

This is the reason why this coin's price pump for short time [1]
I think any coins who partnered with big companies or projects have nothing to lose since they're creating their coins out of thin air. They're not giving their money, but they're giving an investors money since the price are created from the investors. All the risk will be on big companies or projects who accept the coins, if they're turn to be scam coin, the will got blamed for promoting scam.

But, the only problem is if the brand will accept their own native token because I believe that most brands only trust bitcoin and will prefer it over any other cryptocurrencies. I don't believe that they will sponsor such prestige brand as fifa because even the very own crypto.com have been rejected before, how much more this when crypto.com is in fact much bigger than them. They better start first on smaller brands because it is more easier and the chance for them to get the deal is high. If they pay with their native token, then they aren't paying with a real money or investors money. Investors' money have been already pocketed them.

batang_bitcoin

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Quote from: Slow death on May 04, 2022, 03:56:41 PM

this news is about blockchain has nothing to do directly with altcoins and bitcoin, I see no reason to celebrate or be happy, all countries in the world accept blockchain without problems, this is nothing new, it just has problems with altcoins and bitcoin, so we have to celebrate only when it comes to altcoins and bitcoins

The company name is Algorand and they also have a coin named after it and that's why it's okay to assume that the effect would also come with the increase in the price of their token.
Although, it's all about blockchain and when we're associating with the technology, it's already tied and paired with cryptocurrencies so whenever we see news about the tech and the name is there of that coin or token, we're all assuming its price to go higher.

Slow death

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we need to tell joy by looking at the news like it and not fantasizing about things, this collaboration is restricted to blockchain and not in altcoins or bitcoins, then they don't mention altcoins or bitcoin, so this has little relevance to the cryptocurrency market, little or nothing will do to create demand for altcoins and bitcoin because this is about blockchain and not about altcoins and bitcoin. if fifa said it is accepting bitcoin as a payment method and that it is also accepting altcoins as a payment method, then we could have reason to celebrate.

Quote from: rhomelmabini on May 04, 2022, 03:26:00 PM

Quote from: goldkingcoiner on May 03, 2022, 10:18:58 PM

Oh wow, great news for ALGO indeed! I was curious as to why the ALGO price was spiking but had not taken a gander at the news yet. But this definitely is wonderful news and I even think I might invest in ALGO and see how things go until the end of the year.

Did they mention when exactly the partnership would be decided and when we got to know more about the details of the actual implementation?

Bitcoin is definitely being supported currently, even during dippy times as now, by the ALGO news! Who knows, it might counterbalance the LUNA FUD Cheesy

The FOMO kicks in and that's the thing when there's a good news from a coin but tbh it will not last that long. If you caught on a FOMO news, it's not necessarily a bad thing but the approach is likely avoidable, it shouldn't just be the news to rely on, just a suggestion to those who might read this. The event has really significant impact not just to crypto space alone but to the sports industry as well.

this news is about blockchain has nothing to do directly with altcoins and bitcoin, I see no reason to celebrate or be happy, all countries in the world accept blockchain without problems, this is nothing new, it just has problems with altcoins and bitcoin, so we have to celebrate only when it comes to altcoins and bitcoins

rhomelmabini

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Quote from: goldkingcoiner on May 03, 2022, 10:18:58 PM

Oh wow, great news for ALGO indeed! I was curious as to why the ALGO price was spiking but had not taken a gander at the news yet. But this definitely is wonderful news and I even think I might invest in ALGO and see how things go until the end of the year.

Did they mention when exactly the partnership would be decided and when we got to know more about the details of the actual implementation?

Bitcoin is definitely being supported currently, even during dippy times as now, by the ALGO news! Who knows, it might counterbalance the LUNA FUD Cheesy

The FOMO kicks in and that's the thing when there's a good news from a coin but tbh it will not last that long. If you caught on a FOMO news, it's not necessarily a bad thing but the approach is likely avoidable, it shouldn't just be the news to rely on, just a suggestion to those who might read this. The event has really significant impact not just to crypto space alone but to the sports industry as well.

goldkingcoiner

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Quote from: savetheFORUM on May 04, 2022, 01:48:34 PM

Quote from: goldkingcoiner on May 03, 2022, 10:18:58 PM

Oh wow, great news for ALGO indeed! I was curious as to why the ALGO price was spiking but had not taken a gander at the news yet. But this definitely is wonderful news and I even think I might invest in ALGO and see how things go until the end of the year.

Did they mention when exactly the partnership would be decided and when we got to know more about the details of the actual implementation?

Bitcoin is definitely being supported currently, even during dippy times as now, by the ALGO news! Who knows, it might counterbalance the LUNA FUD Cheesy

I didn't knew about this coin to be honest but is this a really good coin for it to be talk about? But still careful investing on this coin only because it is on hype now because we never knew that once the hype is over, the price of this coin will go down and will never recover again.

For the details in regards to partnerships and other stuffs, you can always check out their social media pages or ask questions directly on their telegram group. A quick google search should give you all their handles. I didn't knew that there's an ongoing fud in luna but this algo news like this, doesn't fix the emotion of those luna supporters as both coins are different.

I would not jump into an investment just because of one good news article. I also do not want to make it seem like I am giving investment advice (which I am not). Any coin or token should be scrutinized with unparalleled severity before it even comes close to being a good investment decision.

ALGO might have gotten really good news now, but they have not been making a lot of noise (big good news) for quite a while now. So this might be a lucky one time thing.

Either way, we should continue observing ALGO, just in case it does prove to be a nice investment.

Wiwo

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This is a good move in the right direction trying to breeze the gap between blockchain and the sports industry even though they both have a lot to develop and work on this move by FIFA to collaborate with the sponsorship of its 2022 football tournament with blockchain firm. I have seen a lot of advertisements of crypto-related platforms on popular football league matches on Billboard which to me is enough awareness of the cryptocurrency industry, I saw a lot of binance advertising on some international league live matches. This is a welcome development.

savetheFORUM

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Quote from: goldkingcoiner on May 03, 2022, 10:18:58 PM

Oh wow, great news for ALGO indeed! I was curious as to why the ALGO price was spiking but had not taken a gander at the news yet. But this definitely is wonderful news and I even think I might invest in ALGO and see how things go until the end of the year.

Did they mention when exactly the partnership would be decided and when we got to know more about the details of the actual implementation?

Bitcoin is definitely being supported currently, even during dippy times as now, by the ALGO news! Who knows, it might counterbalance the LUNA FUD Cheesy

I didn't knew about this coin to be honest but is this a really good coin for it to be talk about? But still careful investing on this coin only because it is on hype now because we never knew that once the hype is over, the price of this coin will go down and will never recover again.

For the details in regards to partnerships and other stuffs, you can always check out their social media pages or ask questions directly on their telegram group. A quick google search should give you all their handles. I didn't knew that there's an ongoing fud in luna but this algo news like this, doesn't fix the emotion of those luna supporters as both coins are different.

Smartvirus

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FIFA is the main governing body of soccer and there involvement with crypto projects is a breath of fresh air for cryptocurrencies at large.
Some projects have tried to break in to sponsor teams from way back, I can recall when Watford featured bitcoin on there Jersey back in 2019/2020, courtesy of sportsbet.io and so you can tell that, the innovation has been coming and with Binance sponsorship of the AFCON, it was only a matter of time before crypto projects gets to penetrate the soccer governoring body as we have it now and this surely gives cryptos a new look on the sides of sports. It's already a huge part of the gambling industry and soon, we would get tickets to games using cryptos. The momentum it continues to gain is one that comes with promises.

Sterbens

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I'm personally happy to hear that FIFA is so open about sponsoring cryptocurrencies. But is there any suggestion that is much more appetizing for Algorand to get into gambling. For example entering payment alternatives at the casino? it will be much better for Algo development process in the future.

livingfree

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I'm not sure if this was also the event that crypto.com has failed to be chosen as the major sponsor because there's a company from India that had won the bidding.

But if this is a different one, we're now seeing crypto companies that are starting to get up a little by little and show that they're also interested in advertising and sponsoring through these big events.

molsewid

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Quote from: Doell on May 03, 2022, 02:56:26 PM

Being a sponsor for a big event is amazing, Crypto.com has set a great example for the blockchain industry. Cryptocurrencies have been a trend for a long time around the world, the Algorand partnership I think is to expand the Algo blockchain platform, advantage replaced by popularity, by the way to people hodl Algo good luck and hit new ATH.

Indeed, as time passes by many corporations in different industries open their door for innovations, I remembered an esport team here in my country their sponsor that time is BHC or Billion Happiness Coin if I'm not mistaken, during that time only few notices the logo printed in their shirt, now the team is gone but soon I believe more and more crypto related companies will soon sponsored international games in different areas.

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Quote from: retreat on May 03, 2022, 06:49:43 PM

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.

Of course, that's great news for the crypto community because it can bring a breath of fresh air to crypto so that it can be better known by many people who watch FIFA. The adoption process could be even greater because it will bring curiosity to the audience when they see the logo of the coin project. Whatever the result of FIFA, it will give good results for crypto so more people will use crypto in the future.

Topic: Crypto moving into world. Algo sponsor FIFA - page 3. (Read 611 times)