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Topic: Crypto moving into world. Algo sponsor FIFA - page 4. (Read 649 times)

sr. member
Activity: 2436
Merit: 455
It's a breath of fresh air to read news article like this. Having another party aside from the usual ones we see when the topic is cryptocurrency is a good thing. Usually it's just Binance who take participation in these kind of events and I'm glad another one is being partnered to another entity that could make cryptocurrency community more known aside from its usual audience.

I've read in the article that the partnership has plans to incorporate the development and enhancement of digital assets method to widen the reach of spread with the help of their partner in sponsoring the ads, which is FIFA. Their goal which is transparency, growth and development, and inclusivity in the fields of arts, music, sports and the likes are great initiative too. Hopefully, there would be more of this in the future.
legendary
Activity: 2282
Merit: 2051
A Bitcoiner chooses. A slave obeys.
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.

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.

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



legendary
Activity: 1862
Merit: 1209
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.


[1] https://coinmarketcap.com/currencies/algorand/
hero member
Activity: 2268
Merit: 588
You own the pen
Yeah! they are now like the other big companies out there that are sponsoring sports for promotions and the government seems neutral about it some of them support it though many still have doubts, they cannot do anything when the result of their bad assumptions was fruitless. Now we see it clearly that the world of the crypto industry is quickly adopted by the industries all around the world especially the sports industry and earlier in the Boston vs Bucks game, I saw that they are sponsored by Coinbase as well.
legendary
Activity: 3122
Merit: 1140
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.
sr. member
Activity: 1246
Merit: 426
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.
hero member
Activity: 1190
Merit: 543
fillippone - Winner contest Pizza 2022
I have seen this many time even in my local region where Binance is sponsoring musical shows  and other related ones. Crypto has gone farther than we think and more people are getting to know about it and reasons why they have to join the race. Algo sponsoring FIFA is a good attempt and it will make people and other investors to have good reasons why they have to invest in the project.

This is a marketing techniques where you sponsor shows so people can know more about you product and it's one of the most effect ways of doing advertisement to the general public.
hero member
Activity: 2968
Merit: 687
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.

Right, Crypto.com is in front and has a trickle effect now. And we all know that people behind this project is all businessman, so they will have to find a way to have their companies in front of the competition. So it's a good decision to see sports as one avenue for them to make crypto in general more closer to the masses. So this is another good and welcoming news. The effect might not be felt right away though, it might take some time for people to realized that crypto will be the biggest revolution.
Yeah, its true that it would really be good initial steps and its true that it couldnt really give out direct impact and its really just right to give them some time for total recognition because these things doesnt happen

with a snap and it would surely be happening on next years to come on where adoption do really raises up into a certain extent that it would really becomes a norm or would be commonly seen on any sports event.

Yes, its true that its part of the business but we could really still able to benefit because it does really increase out in terms of exposure which is a plus.
legendary
Activity: 2128
Merit: 1775
with this more people will also know about cryptocurrencies.
That's for sure, I think there is a special attraction to crypto especially in the world of sports, this is most likely to help FIFA in developing methods or strategies regarding crypto assets.

positively is a step that is quite professional and good, considering that the audience for the world cup in Qatar is international and another good effect is with partners, currently running between Algorand and FIFA could be one solution for Algorand to provide a wallet in full blockchain support, with cooperation going well, it will have a positive impact on the world of sports and crypto itself, as well as crypto and sports based gambling.
hero member
Activity: 2660
Merit: 551
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.

Right, Crypto.com is in front and has a trickle effect now. And we all know that people behind this project is all businessman, so they will have to find a way to have their companies in front of the competition. So it's a good decision to see sports as one avenue for them to make crypto in general more closer to the masses. So this is another good and welcoming news. The effect might not be felt right away though, it might take some time for people to realized that crypto will be the biggest revolution.
hero member
Activity: 2156
Merit: 531
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.
legendary
Activity: 2688
Merit: 1192
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.

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.

There are a lot more cryptocurrency exchanges doing heavy advertising lately and moving into the sports arena, which have traditionally been dominated by the sportsbook and casino crypto advertisers. It's interesting to see the competition building up between different types of crypto companies, however it tells you that all of them have a lot of money to throw around. I'm always curious to look at and analyze the fees that they are charging customers, because at the end of the day that is what pays for all these advertisements. It might actually be better to avoid cryptocurrency exchanges that advertise on such big and unrelated events, because there will be cheaper companies out there.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
Yes this is Absolutely true... Cryptocurrencies and related Companies need exposure with the crowd of people that are not in crypto.
This is a good news for the whole industry.
Lets see in details what they are creating, I am pretty curious to see the final applications / real world usage Smiley
legendary
Activity: 3542
Merit: 1352
Makes sense given that FIFA brings in a huge number of viewership compared to other sports and big leagues/championship. This brings a lot of attention to Algo and Binance during the whole time FIFA is airing. The impact is not directly felt after the first few games, but for sure as time goes by people will be curious and will begin their own research about blockchain as a whole too.

Good thing that other huge companies are willing to spend huge bucks for the advertisement and exposure of the blockchain and cryptocurrency as a whole.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
A crypto project sponsoring a big event like FIFA will arouse public curiosity about what crypto is, and it will undoubtedly trigger the growth of crypto to become more popular. Even though there are only a few coins for now, in the future, there will be more projects that want to participate in other big events because that will also help the project become even bigger. This year is a good start for crypto projects to show the public that crypto has come with them.
legendary
Activity: 1960
Merit: 1026
This is clearly a marketing stage and tactic, but still, it does the work for cryptocurrencies to be more known and disseminate information that it is being integrated into societal activities than ever. Regardless of the crypto company, I am rooting for any crypto collaboration with external companies because this would impact the whole community at the end of the day. Let’s all hope that nothing will go wrong, especially if different government agencies started to want to butt in or whatever.
hero member
Activity: 1890
Merit: 831
We have certain other sports that are quite promising as a advertising tools for things related to crypto gambling, one can always talk about the UFC and it's sponsors but the government have also tried to control the measures to make sure that the famous stars are not associated with the gambling platforms this limiting the influence as well when we are talking about Algo I think that it would be working better on many levels since it's not a gambling company perse therefore it can provide better results for both the fifa and the company as a whole. Good work! Hopefully we won't see any problems or any requirements put down by the government on them as well.
hero member
Activity: 756
Merit: 629
For sure what crypto.com do influence them to do the same marketing strategy. And for making this to happen by reaching huge crowd for sure this two companies will really wake up the interest of the people who want to start their crypto career. Also will not get surprise if many huge crypto companies will do the same and this is truly great because the whole crypto market will get benefited on what actions they do these days.

It's starting to snowball - one pulls the other, and crypto companies compete with each other to get the "coolest" collaboration. And most importantly, traditional business looks at such cooperation as at usual, in fact, crypto companies are no different from any other companies anymore.
By the way, I heard that the other day in Argentina, due to inflation, the government allowed state institutions to work with cryptocurrencies - this is the next stage of adoption, which in turn will entail a lot of similar news that we see in the first message.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
For sure what crypto.com do influence them to do the same marketing strategy. And for making this to happen by reaching huge crowd for sure this two companies will really wake up the interest of the people who want to start their crypto career. Also will not get surprise if many huge crypto companies will do the same and this is truly great because the whole crypto market will get benefited on what actions they do these days.
hero member
Activity: 2870
Merit: 594
It's a win-win, if they can developed a blockchain, a customized one for FIFA using Algo then this could set a trend.

On the other hand, this is the biggest sporting event, so people around the world who might not heard about Algo or crypto in general might be curious and who knows, maybe just a small percentage of fans will be enough to bring crypto to the public, hence mass adoption.
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