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Topic: Crypto moving into world. Algo sponsor FIFA - page 5. (Read 649 times)

hero member
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Top Crypto Casino
Good to hear that Algo has also joined the bandwagon with crypto.com. I assume these two crypto firms will now be getting a lot of visibility through FIFA 2022. What I like most is that Algo has become the official blockchain for FIFA and this partnership will surely pump the price. I am also expecting the market cap of Algo to increase before and after the tournament ends.
hero member
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Dimon69
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.

Sports sponsorship is the easiest entry point for crypto promotion since this industry is consistently looking for sponsorship due to the number of games they are holding per year. I recently saw this news and this is a big deal for Algorand. The price of ALGO skyrocket to 20% today even there's a bearish sentiment on crypto. I'm interested to know the full extent of this partnership since FIFA is a huge sports organization world wide and it will help crypto in general for exposure. I hope next sponsorship will involve direct use of crypto to players.
legendary
Activity: 3318
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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.
hero member
Activity: 2002
Merit: 534

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.


Great news for the Algorand and the crypto community in general. Being the official sponsor for the largest sport events in the world is awesome. People from almost every country of the world are going to watch the Worldcup 2022 in Qatar. The Women's World Cup doesn't have the same reach as the men's tournament but still will attract a lot of public interest from the media. With such a big platform to advertisie on Algorand should be able to get a lot of new customer and bring more investors into the crypto world. Just by looking at the ALGO price we see that investors are excited with the coin jumping 23% upwards. I wonder how much higher the price will go before the world cup, vs after the world cup. There should be a big profit coming in.
hero member
Activity: 3038
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Quote
As part of the agreement, Algorand will also assist FIFA in further developing its digital assets strategy, while FIFA will provide sponsorship assets including advertising, media exposure and promotional opportunities.

Nice to see more blockchain companies are sponsoring sports events. Its the easiest way to promote a project so it can be sen and heard by a lot of people. Crypto.com did it also.

With such news I guess its the reason why Algorand climbed up to 21.28% today. Still a good time to ride with it as its not yet on its ATH. Algorand its possible that FIFA will be releasing their own token which what they could mean in the quote above?
hero member
Activity: 2758
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I don't request loans~
Well, it was a matter of time really, big companies (crypto or not) would naturally try to advertise themselves on the global stage, I'm just glad all in all that they were allowed to (Ik FIFA already did accept some crypto related stuff). As for being able to spread the crypto stuff well, it depends on what you mean by "know". There's the instance of someone knowing the word crypto, that it's related to this and that, but there's also the instance of knowing crypto as a user of it. Kinda like how I know that Redbull is a popular energy drink, but that's it. I don't use it, nor do advertisements make me want to use it, if that makes actual sense.
sr. member
Activity: 2016
Merit: 283
Good to hear this news, because indeed usually bitcoin and binance nd other platform when it comes cryptocurrency is only can be seen and such events.  Now it seems other projects is having an opportunity as well. For me surely this is the beginning, i mean some top altcoins will sponsor such event as well just for the exposure, which is a good idea, indeed.
legendary
Activity: 1652
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Gamble responsibly
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.
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