Author

Topic: CRYPTO & SPORTS SYNERGY. YOUR OPINION?. (Read 339 times)

legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
January 01, 2025, 08:31:28 AM
#36
It will be fun if it is really free and getting rewards will be a big perk for those who would want to join. In a tournament let's say, one gambler will predict the winners of the day and those who get the most points will be rewarded with cryptocurrency. I think many gamblers will probably intrigued with this idea and will do their best analysis to get enough points to be rewarded.
It's too good to be true though but who knows, maybe it will happen someday and whoever leads it will get enough exposure for advertising where they will get the money to put in prizes for the winners.
hero member
Activity: 2604
Merit: 789
January 01, 2025, 08:21:19 AM
#35
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?
If you predict match - you is betting. And i don`t think that you can get some rewards without some deposit. It looks like a dream of free money.
About sponsors - i know about these exchanges and cryptocurrencies (like Tezos and Manchester United) it is the only reason why i pay attention to these sponsors. And the other sponsors i don`t no - i don`t care about it.
I don`t think that it helps crypto to integrate in our common life, it just a way for the team to get money from the sponsor.
jr. member
Activity: 219
Merit: 3
January 01, 2025, 04:07:19 AM
#34
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.
I see an innovative synergy between crypto and sports, the two are very well blended to provide a connection for sports lovers that holds cryptocurrencies. It's a win win for both sectors because crypto has redefined the regular sports bet where we can only use Fiat for bets. Casino sites advertise on clubs and the fans sees them and holds cryptocurrency to gambling on their sites, in the end it's good business for the crypto casinos and the clubs that promotes their brands. I believe that this synergy has and will continue to increase the number of people that will have interest in sports so that they can gamble with their crypto, also for sports fans who will want to adopt cryptocurrency for bets.

Yeah that's true. But I was actually referring to the partnerships that has to do with tokenization and the benefits or maybe exposure. This kinda predict and win type opportunities Predict and win USDT is as a result of the partnership. I would really want to see Real Madrid being involved in something similar if they're not already.
sr. member
Activity: 630
Merit: 352
December 31, 2024, 05:20:51 AM
#33
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.
I see an innovative synergy between crypto and sports, the two are very well blended to provide a connection for sports lovers that holds cryptocurrencies. It's a win win for both sectors because crypto has redefined the regular sports bet where we can only use Fiat for bets. Casino sites advertise on clubs and the fans sees them and holds cryptocurrency to gambling on their sites, in the end it's good business for the crypto casinos and the clubs that promotes their brands. I believe that this synergy has and will continue to increase the number of people that will have interest in sports so that they can gamble with their crypto, also for sports fans who will want to adopt cryptocurrency for bets.
hero member
Activity: 1736
Merit: 857
December 31, 2024, 03:07:06 AM
#32
The sponsorship of sports by cryptocurrency exchanges does not mean the birth of some kind of synergy between them. Exchanges constantly need to attract as many new users as possible, so they are trying to be present in various communities, including among sports fans. To make it clearer, here is an example. Tobacco corporations have long "occupied" Formula 1 for their advertising. But did this create a synergy between smoking and sports? Of course not.

It’s like a win-win situation for both sides, allowing them to introduce easier ways to gamble. Gamblers use the exchange to buy crypto for gambling at specific casinos, benefiting both the exchange and the casino. Since most gambling sites offer similar features across the industry, having multiple partnerships gives a site an edge. A strong network of partnerships can easily grab gamblers’ attention, helping them stand out in a competitive market.

Synergy involves mutual enhancement of the effectiveness of each component. In this case, one component is the crypto exchange, and the other component is sports (in a broad sense). This sponsorship is primarily necessary for the crypto exchange, as it is an advertisement for a huge audience of sports fans. Sports in such cooperation receives only the money that sports have always received from various sponsors. It is the crypto exchange that needs such cooperation.
Sports have been and will continue to exist even if there are no crypto exchanges. That's the point. Will a football club suddenly become better at playing if it is sponsored by a crypto exchange? I doubt. There is no synergy here.
hero member
Activity: 2856
Merit: 667
December 28, 2024, 05:54:50 PM
#31
The sponsorship of sports by cryptocurrency exchanges does not mean the birth of some kind of synergy between them. Exchanges constantly need to attract as many new users as possible, so they are trying to be present in various communities, including among sports fans. To make it clearer, here is an example. Tobacco corporations have long "occupied" Formula 1 for their advertising. But did this create a synergy between smoking and sports? Of course not.

It’s like a win-win situation for both sides, allowing them to introduce easier ways to gamble. Gamblers use the exchange to buy crypto for gambling at specific casinos, benefiting both the exchange and the casino. Since most gambling sites offer similar features across the industry, having multiple partnerships gives a site an edge. A strong network of partnerships can easily grab gamblers’ attention, helping them stand out in a competitive market.
hero member
Activity: 3038
Merit: 634
December 28, 2024, 04:55:40 PM
#30
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.
We'd see more of these often and exchanges that become casinos and sponsor any team or athlete for them to have exposure. We've seen this already and buying the name rights of known stadiums.

Huge money is getting in but I don't think such free things in this world will be enjoyed by most of its users.

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.
Maybe soon we'll see because we've seen it already happen in some other sports.
hero member
Activity: 1736
Merit: 857
December 28, 2024, 08:04:42 AM
#29
The sponsorship of sports by cryptocurrency exchanges does not mean the birth of some kind of synergy between them. Exchanges constantly need to attract as many new users as possible, so they are trying to be present in various communities, including among sports fans. To make it clearer, here is an example. Tobacco corporations have long "occupied" Formula 1 for their advertising. But did this create a synergy between smoking and sports? Of course not.
jr. member
Activity: 219
Merit: 3
December 28, 2024, 08:02:17 AM
#28
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.

That's true. I believe that's what's. It's free and it's actually fun if you look at it. Just some few steps to participate. Yeah it's actually nice seeing crypto exchanges partnering with sports team..

~
Not really a synergy between crypto and sports imo. More of how companies could leverage this exposure of sports into crypto and create bonuses and promotions with it. And if you meant just getting some small bonuses, highly doubt it's worth the effort and time for both businesses and users to actually use such a thing. Such bonuses would probably apply a LOT more with casinos than exchanges. Heck writing this I realized this is the gambling discussion section, why are you discussing about exchanges and sponsorships?

If we were talking about the real synergy between crypto and sports, I'd more liken it to how some sports teams have made their very own crypto tokens. Idrk what happened with it afterwards, but hey, it's something.

Tbh, exposure creates opportunities which could bring in more money yeah? So that's part of it. I'm not particularly interested in club tokens. Cos I feel the utilities are limited rn, except they could integrate more on it that could cause a consistent liquidity flow .but like you said. It's something yeaaa.
jr. member
Activity: 159
Merit: 4
December 28, 2024, 07:02:12 AM
#27
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?

It shows the line between crypto and real life use is becoming thinner with time and this means that you will begin to see the application of blockchain in other places like hospital records and even bio data for record keeping and supports for science. This example of partnership with Bitget is not a new thing and I don't know why OP has not seen it all along. What I think is newer now is SciFi, which scientists can use in funding their research work. So from the financial side of things to sport, health and research work, expect crypto to infiltrate every aspect of our lives.
sr. member
Activity: 1092
Merit: 342
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 27, 2024, 10:45:10 PM
#26
The synergy in all this is the business, the money that is there and that will multiply, the more vision that is given through a famous team that is in Europe, the people will be interested in its participants, it is known that they are sponsors with a lot of money, but seeing this in famous teams will make them want to be part of them and more so those who are fans, I have seen many casino sponsors in some sports and I would like to see Wolfbet in some famous team in Europe and from how I see that they are doing things they have the conditions to do so.
hero member
Activity: 2758
Merit: 675
I don't request loans~
December 27, 2024, 09:31:37 PM
#25
~
Not really a synergy between crypto and sports imo. More of how companies could leverage this exposure of sports into crypto and create bonuses and promotions with it. And if you meant just getting some small bonuses, highly doubt it's worth the effort and time for both businesses and users to actually use such a thing. Such bonuses would probably apply a LOT more with casinos than exchanges. Heck writing this I realized this is the gambling discussion section, why are you discussing about exchanges and sponsorships?

If we were talking about the real synergy between crypto and sports, I'd more liken it to how some sports teams have made their very own crypto tokens. Idrk what happened with it afterwards, but hey, it's something.
hero member
Activity: 1568
Merit: 568
December 27, 2024, 08:00:31 PM
#24
I see this as a natural progression. I think sponsored partnerships help bring visibility to the crypto ecosystem while providing fans with unique opportunities to engage even more with their favorite teams. Who wouldn't want non-betting rewards? It's a feature that can transform fan engagement and onboard new users into the crypto space in a fun and gamified way.

And that is the best marketing for us, as crypto is now gaining mainstream and thanks to sports as well because some major games have been bringing crypto to the masses. So whatever fans you are, like UFC, we've seen,

https://x.com/SatoshiLite/status/1077973730511314944

This is way back 2018 and so a lot of things have chance for the better with regards to crypto an sports partnership.

So it's obviously, a good and welcoming news to us to see the synergy.
hero member
Activity: 2618
Merit: 612
December 27, 2024, 06:36:02 PM
#23
I see this as a natural progression. I think sponsored partnerships help bring visibility to the crypto ecosystem while providing fans with unique opportunities to engage even more with their favorite teams. Who wouldn't want non-betting rewards? It's a feature that can transform fan engagement and onboard new users into the crypto space in a fun and gamified way.
legendary
Activity: 882
Merit: 800
December 27, 2024, 06:34:34 PM
#22
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?
I don't know where you might have read this from but sincerely speaking, it would be very difficult for such thing to happened within the casino or betting site, as I know they benefits more and before a gambling site allows you have this benefits then you should look out carefully, there is another way or place they are gaining it back from you as they can never perform something free and never have a means of gaining it back from bettors. Except it's given to bettors as bonus or a something like sign up bonus similar thing there about.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 27, 2024, 06:29:32 PM
#21
This is probably another Bitget shill.

From OP's post history, I can see that his main intention is to attract people to look at this Bitget site. Since I only like to use old and reliable casinos or betting houses, I didn't click on the address of this Bitget site, but this type of advertising is not a good sign, a serious company pays for advertising and doesn't do this kind of thing. I hope I'm wrong, but I wouldn't use this site.

At the end of the day, it depends on the gambler if he will deposit on this site or not. Even if you click the site, if you won't deposit, I don't think it will be beneficial on his intentions. Because anyone here can promote certain sites but it is up to the user if he will sign up or not or deposit funds. It is the prerogative of the user to actually deposit and play on the site or use the referral link, if there's any.

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.

You are just wasting your time and energy if there's nothing substantial out of this. Yes, you are getting right predictions, then, what? If you are not placing any bet amount, then, I don't think you will sustain such interest of betting without real money involved. So yeah, without money, you are just wasting your time here.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
December 27, 2024, 06:20:09 PM
#20
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.
i mean stake a gambling platform that is very famous among crypto enthusiasts is literally sponsoring a f1 team bearing their own name

so it’s not surprising anymore there’s a lot more crypto sponsors around sports some are very obvious while some are more subtle but it’s undeniable that there is definitely now a huge impact of crypto onto sports community as well
legendary
Activity: 3080
Merit: 1353
December 27, 2024, 06:08:29 PM
#19
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?

This has been happening for years now, and there are players that got their salary into crypto already. We've even have tokens as well that fans can used to buy tickets. But not sure how it went well though, because as far I can remember, it was way back like 2018 during the height of ICO thingy.

We have stadium name Crypto.com with LA Lakers, so there are a lot of integration between crypto itself and sports already.

And the obvious, crypto based gambling sites sponsoring athletes from UFC to footballers.
legendary
Activity: 3290
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
December 27, 2024, 06:00:35 PM
#18
This is probably another Bitget shill.

From OP's post history, I can see that his main intention is to attract people to look at this Bitget site. Since I only like to use old and reliable casinos or betting houses, I didn't click on the address of this Bitget site, but this type of advertising is not a good sign, a serious company pays for advertising and doesn't do this kind of thing. I hope I'm wrong, but I wouldn't use this site.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
December 27, 2024, 05:39:40 PM
#17
Don't forget about Crypto.com. I've seen their logos on most major events like world cup football, boxing and MMA.

And presently, crypto.com has launched a prediction market for sports. Thus, I started to wonder how many exchanges are interested in exploring entering sports betting spectrum.

I have heard of robinhood's interest, for instance. IIRC, was presented at investors day. Perhaps there are more. It's a booming industry so I'm not surprised the known guys are interested.

Food for thought.  Grin
hero member
Activity: 812
Merit: 560
December 27, 2024, 03:31:25 PM
#16
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.

All these partnership you're seeing today that have each others endorsement work with making business and how it could be of interest on every parties involved, for instance, if you come through me, then you're going to have the privilege of using my platform, reputation and endorsement as well in making your own awareness and achieving your target, while we both benefits from this altogether, because you may probably pay me or do something important for me as i might requested from you, all these synergy wea re seeing today are business backed, because they are making money from most of them.
legendary
Activity: 2814
Merit: 1192
December 27, 2024, 03:20:37 PM
#15
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.

Don't forget about Crypto.com. I've seen their logos on most major events like world cup football, boxing and MMA.

Yes, this is definitely the way to go, but what does it have to do with gambling? Crypto companies are slowly going mainstream, which you can see when world leaders are talking about it. Trump wants to set up a reserve fund, the biggest asset manager in the world Blackrock is investing in it and Putin wants to circumvent sanctions with it.
Companies advertising on sports events is nothing special compared to that and it's only the beginning.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
December 27, 2024, 03:19:40 PM
#14
The fact that we see those sponsors im sports is a good signal for cryptos, I have even see that kind of sponsors in F1, so, that's some great marketing for cryptos.

I think we will see more of those sponsors in the futurw in more sports. So, it's a gg for the cryptos communty.
Even now crypto sponsors are in the big leagues, such as Premier League, Laliga, Serie A and probably many more, last saw Binance was once the main sponsor of Lazio but Binance now sponsors Ronaldo instead.

So it's no surprise now that the crypto sector has expanded to other sports, and I think that crypto sponsorship will be more in sports including crypto casinos more in soccer.
sr. member
Activity: 392
Merit: 277
December 27, 2024, 03:17:30 PM
#13
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?
most of the clubs both at the across major leagues have in one way or the other hard partnership with a crypto related niche which has sponsor or partnered to sponsor them and it all sends a pointer to the fact that crypto is getting too popular by the day and the majority of sports enthusiast are individuals that are active users of crypto. the majority of the campaign that runs on the forum has one team that they are sponsoring and for clubs that are partnering with exchanges, it also helps to validate the popularity and trust one can comfortably have on these exchanges since it takes a lot before those kind of partnership works.

this is just the start, and, in the future, we will see more synergy in sectors that are not just related to sports like the aviation industry that might choose to adapt it as a payment medium for most of their international flight and that way, the rate of adaption will continue to touch multiple of sectors upon sectors.
legendary
Activity: 3388
Merit: 3154
December 27, 2024, 02:49:41 PM
#12
The fact that we see those sponsors im sports is a good signal for cryptos, I have even see that kind of sponsors in F1, so, that's some great marketing for cryptos.

I think we will see more of those sponsors in the futurw in more sports. So, it's a gg for the cryptos communty.
full member
Activity: 378
Merit: 205
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: 1568
Merit: 1139
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: 1260
Merit: 429
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: 3010
Merit: 1284
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.
sr. member
Activity: 2632
Merit: 259
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: 219
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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