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Topic: CRYPTO & SPORTS SYNERGY. YOUR OPINION?. - page 2. (Read 236 times)

full member
Activity: 308
Merit: 142
December 27, 2024, 01:51:19 PM
#11
Crypto is becoming more inclusive and is integrating into various sectors, from entertainment to sports and beyond. We've seen teams like Manchester City, Napoli, Lazio, and Chelsea get sponsors from OKX, Binance, and BingX, while La Liga has partnered with Bitget.
Sports are entertainment that brings about good money for those who participate. Cryptocurrency is a technology that is meant to bring money to those who invest in it wisely. The similarity is that they are both in for making money because these exchanges make a lot of money while sports make a good amount of money. They both partner with each other so they can make more money. If you observe these exchanges sponsor the club they can wear their logos on their sports wear attracting those who view sports to make use of the exchanges. There is always something to gain in the partnership, and it's never because they have any synergy.
legendary
Activity: 1498
Merit: 1116
Top-tier crypto casino and sportsbook
December 27, 2024, 01:27:32 PM
#10
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
Cryptocurrency has been able to blend with many sectors and give rise to new opportunities within simply because it is a new technology that, when accepted, has the ability to create windows of opportunity for people who take advantage of it. Sports is not left out. There is a market for crypto in sports and there are opportunities for people in sport in crypto, so it is a good relationship to the better.
hero member
Activity: 1498
Merit: 785
December 27, 2024, 12:35:25 PM
#9
For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
This is cool if it is free and real. But speaking of reality, there is no way to gain and win right predictions without having to bet with real money.

So, it isn't cool at all unless there is some conditions from the exchange that you are advertising and that is an incentive for specific accounts and users that has spent certain threshold.
Besides, I've never seen an exchange that sponsors a football club doing a prediction contest, it doesn't exist I guess, exchanges are more focused on other things not guessing match scores.
Except for casinos sponsored by new clubs, there are many prediction contests, and this is not easy, it is not completely free, there must be a wagering requirement to get a withdrawal from this contest.
sr. member
Activity: 1246
Merit: 426
December 27, 2024, 12:13:15 PM
#8
Nowadays, many crypto platforms have started to enter the sports industry to increase their exposure and reach new potential users. It also indirectly promotes crypto to more people since these platforms are related to crypto and people will search for things related to it. The synergy between the two industries is mutually beneficial, and it will also benefit users since these crypto platforms launch various events that can increase people's interest in using their platforms.
hero member
Activity: 1400
Merit: 623
December 27, 2024, 10:18:22 AM
#7

Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.


This free tournament is a dual purpose that benefits both players and crypto companies. Crypto casino/exchange can make player be entertained to browse their services and possibly attract them after posting a prediction due to human curiosity. Those free money rewards is worth it if they can attract new customers that will be curious to explore their services.

Quote
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?

Well they are benefiting both ways so I guess the synergy is well established already. Many big teams is now being sponsored by crypto companies which means big money is already at crypto.
hero member
Activity: 2716
Merit: 904
December 27, 2024, 10:14:40 AM
#6
This is probably another Bitget shill.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
December 27, 2024, 10:14:24 AM
#5
Many big exchanges are already sponsoring major teams, whether with motorsports or other leagues like basketball. It’s not new anymore, in my opinion, but football is really a big economy, and I think being exposed there is a good exposure to crypto. As long as people are going in and seeing this type of support from crypto, I think it is a good sign to let other people see that they are here for the long run.

There is synergy between the two.
full member
Activity: 2590
Merit: 228
December 27, 2024, 09:56:32 AM
#4
Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
You’re not putting in any money? Then why are they giving you rewards? What’s in it for them if you correctly predict a match game? Anyone could have done that so what is so special about you doing it that you get a reward? Can you please share this platform or project for us to check the legitimacy and credibility of this system?
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
December 27, 2024, 09:42:36 AM
#3
I agree with sunsilk as long as is free and doing it for fun but in reality like the sunslik said of course there will be money involved in this kind of scenario hahaha  Grin I mean some people want to get rewarded when their guess is right.  Cheesy

and yes I saw a lot of sports nowadays accept crypto for their sponsor even the biggest like Bybit on F1 Team is just freaking cool. It not only do people get attracted to crypto but also I just feel proud that crypto company started sponsoring those cool sports teams.
hero member
Activity: 3038
Merit: 634
December 27, 2024, 08:55:05 AM
#2
For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
This is cool if it is free and real. But speaking of reality, there is no way to gain and win right predictions without having to bet with real money.

So, it isn't cool at all unless there is some conditions from the exchange that you are advertising and that is an incentive for specific accounts and users that has spent certain threshold.
jr. member
Activity: 211
Merit: 3
December 26, 2024, 02:42:35 PM
#1
Crypto is becoming more inclusive and is integrating into various sectors, from entertainment to sports and beyond. We've seen teams like Manchester City, Napoli, Lazio, and Chelsea get sponsors from OKX, Binance, and BingX, while La Liga has partnered with Bitget. These partnerships have given sports fans a good opportunity to engage with the crypto space and have also increased exposure for the ecosystem.

Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.

That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
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