Crypto.com as Sponsor's for FIFA World Cup - page 6.

carlfebz2

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Quote from: passwordnow on March 29, 2022, 07:35:55 PM

Quote from: Lanatsa on March 29, 2022, 03:59:54 PM

Quote from: passwordnow on March 29, 2022, 01:14:06 PM

So it was like a bidding and crypto.com bid for that sponsorship but they weren't the ones that has been chosen by FIFA? That's sad. I thought that this was all positive news and they've taken a big share for that sporting event.
Still, that's a nice try for crypto.com and I think that they'll keep on attempting to bid for major sponsorship to great events that has millions of fans all over the world.

Among the three so BYJU'S been chosen= thats sad.! It was the latest update so this one is legit.

I do have able to read that there are 3 major sponsors
https://www.insidethegames.biz/articles/1121199/qatarenergy-qatar-2022-fifa-world-cup

So Byjus able to get the spot. Crypto.com might able to get on next year hopefully.

Well, I guess they'll try to bid again for next year but I don't think that they'll just gonna stop in here. There are still a lot that they can bid as a major sponsor.
So if they're no longer a major sponsor for FIFA world cup, they might apply for any other major sporting event that's about to come. But where do they start? What are the other leagues and events that they may apply next to FIFA?

No one knows on when and where they would really be having that sponsorship but just like you said that they wont really be stopping here even though they had failed on getting that bid for FIFA but that wont make
them to stop speaking of exposure via these sponsorship regard.

Example of their sponsorship in the past..
Crypto.com $700 million sponsorship deal with Lakers is a ‘coming of age’ for the sector, says GlobalData Source

passwordnow

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Quote from: TheGreatPython on March 30, 2022, 12:16:22 PM

Quote from: passwordnow on March 29, 2022, 01:14:06 PM

So it was like a bidding and crypto.com bid for that sponsorship but they weren't the ones that has been chosen by FIFA? That's sad. I thought that this was all positive news and they've taken a big share for that sporting event.
Still, that's a nice try for crypto.com and I think that they'll keep on attempting to bid for major sponsorship to great events that has millions of fans all over the world.

It's a bidding and the highest bid is always going to get picked no matter who they are. Crypto.com's bid is lower than what that Indian company bid, that is why they lose the game but I got the same question as @Rabi3, other big crypto exchanges such as binance could have easily won the bidding because I believe they are more richer than crypto.com and can be richer than the winner of this bid but yeah we are still proud of crypto.com despite what happened because at least they are trying their best to lift the crypto industry to the next level. They should get some financial support next time, it could come from other exchanges or from us.

That is for sure, Binance is richer than crypto.com because they've got the most users in the world that uses them. This is the style of crypto.com and not Binance.
Binance does have their own style of marketing and despite being popular, they're also not going to stop sharing the word about crypto as they're into different way of marketing.

TheGreatPython

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Quote from: passwordnow on March 29, 2022, 01:14:06 PM

So it was like a bidding and crypto.com bid for that sponsorship but they weren't the ones that has been chosen by FIFA? That's sad. I thought that this was all positive news and they've taken a big share for that sporting event.
Still, that's a nice try for crypto.com and I think that they'll keep on attempting to bid for major sponsorship to great events that has millions of fans all over the world.

It's a bidding and the highest bid is always going to get picked no matter who they are. Crypto.com's bid is lower than what that Indian company bid, that is why they lose the game but I got the same question as @Rabi3, other big crypto exchanges such as binance could have easily won the bidding because I believe they are more richer than crypto.com and can be richer than the winner of this bid but yeah we are still proud of crypto.com despite what happened because at least they are trying their best to lift the crypto industry to the next level. They should get some financial support next time, it could come from other exchanges or from us.

m2017

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Quote from: Mauser on March 30, 2022, 03:30:51 AM

Awesome news, the Football World Cup is the biggest sport event world.

Can't argue with what you said.

Quote from: Mauser on March 30, 2022, 03:30:51 AM

Fans from all around the world are going to watch this event.

Undoubtedly it is. My guess is that football's fan base is one of the biggest, maybe the biggest.

Quote from: Mauser on March 30, 2022, 03:30:51 AM

For a company like crypto.com who are looking for international platforms to advertise and promote this is the ideal event.

In my opinion, this is a very good idea implemented by crypto.com. Football is the best opportunity to tell the world about crypto, because people from young to old are interested in football.

Quote from: Mauser on March 30, 2022, 03:30:51 AM

Super bowl might have been better for the American Market, but with the Worldcup you can reach even the smallest countries.

The reach of people around the world is higher than in America. Here I also understand and support crypto.com choice.

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Quote from: TopTort777 on March 29, 2022, 06:53:00 AM

It is Cronos actually. Take a look https://www.coingecko.com/en/coins/cronos.

Thanks for the correction, I have edited it.

Quote from: TopTort777 on March 29, 2022, 06:53:00 AM

I dont think CRO prices would grow. The goal of crypto.com promotional program on FIFA is to get more clients and earn on fees, not to create demand on CRO and increase its price. As CRO is used to reduce fees, its price could get some %, but its value wont multiply. People would use crypto.com to buy Bitcoin (just because it is more known cryptocurrency), not CRO.

That is right, with it, more people would know Crypto.com, more people will register with the exchange and make use of the services the exchange is providing, then the exchange will have increase trading volume and liquidity which will make them earn more on transaction fee and especially trading fee as well. I too think increase in Cronos price should be during bull run.

But as people are getting more on Crypto.com, the extent Cronos may increase in bull market can be more, which means the FIFA sponsorship can later indirectly have effect on Cronos price.

Mauser

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Awesome news, the Football World Cup is the biggest sport event world. Fans from all around the world are going to watch this event. For a company like crypto.com who are looking for international platforms to advertise and promote this is the ideal event. Super bowl might have been better for the American Market, but with the Worldcup you can reach even the smallest countries.
Only problem is that usually the Worldcup is in spring/summer, now its going to happen in winter. In many countries there were huge public viewing opportunities and even the stadiums had build up screen to show the matches in an awesome atmosphere. I wonder if with the bad wester on December we will have less viewers than if the games were earlier this year.

lizarder

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Quote from: Oluwa-btc on March 24, 2022, 01:56:00 AM

This ain't the first time they're dealing with stuff's like this, they already dealing with Australian football League, Formula 1.
Joining/ Sponsoring the biggest event/game in football history is a great thing to see as they have been on a rapid increase ever since 2016 having over 10 million customers and over 4000 employees.
They're are also in support of teaching kids about Crypto technology, which i fancy very well!

https://blockworks.co/crypto-com-adds-fifa-world-cup-sponsorship-to-sports-marketing-strategy/

The development of crypto has entered the era of rapid technology, so it is only natural that they try to sponsor sports, where many people are involved in the sport, making it easier for crypto to penetrate the existing market in the world, the crypto journey has also entered a big stage, and must think of a promotional strategy that involves many people, one of the most suitable is indeed in sports, because all eyes in the world are on this, and I think the steps taken by crypto are very appropriate in the midst of increasingly advanced sports developments, this combination is one strategy that is quite appropriate

passwordnow

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Quote from: Lanatsa on March 29, 2022, 03:59:54 PM

Quote from: passwordnow on March 29, 2022, 01:14:06 PM

So it was like a bidding and crypto.com bid for that sponsorship but they weren't the ones that has been chosen by FIFA? That's sad. I thought that this was all positive news and they've taken a big share for that sporting event.
Still, that's a nice try for crypto.com and I think that they'll keep on attempting to bid for major sponsorship to great events that has millions of fans all over the world.

Among the three so BYJU'S been chosen= thats sad.! It was the latest update so this one is legit.

I do have able to read that there are 3 major sponsors
https://www.insidethegames.biz/articles/1121199/qatarenergy-qatar-2022-fifa-world-cup

So Byjus able to get the spot. Crypto.com might able to get on next year hopefully.

Well, I guess they'll try to bid again for next year but I don't think that they'll just gonna stop in here. There are still a lot that they can bid as a major sponsor.
So if they're no longer a major sponsor for FIFA world cup, they might apply for any other major sporting event that's about to come. But where do they start? What are the other leagues and events that they may apply next to FIFA?

livingfree

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Quote from: arwin100 on March 27, 2022, 06:42:04 PM

Quote from: livingfree on March 26, 2022, 05:42:13 PM

An exchange that had sponsored a lot of sporting events and teams, they should haven't done that since they're not into sports but, they've seen this strategy ticked in and went effective on their side so they're just continuing and we might see more of them in the future.

Even if they are not into sports but they see a potential on this side since there is a huge crowd sorround on this sporting events and their ads will be seen by millions of people around the world that's why we can say that this is very good marketing tactic they do. And now its not surprising tor them to be successful since they are doing very well in terms of marketing their business. For sure we can see them promoting on more events and this could give more better exposure to crypto.

Yup.

That's what I've said that it has became effective to them even they're not really a sport-focused platform but a crypto exchange. The marketing that they've been doing is consistent.

And if they're going to continue this, they'll be really get to be known by most people and aside from Binance as the leading crypto exchange. Then, people will start talking about them since they're visible almost everywhere and in every sporting event.

Smartvirus

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You know, that's what we call marketing and it always works better when you've got a visionary team that tries to seek out new and more challenges. I'm sure they most have invested huge in making this sponsorship come to light and they are sure to reap huge form this. The world cup is a highly spirited event and certainly, uts sure to come with a lot crypto lovers and those who feel the need to try something less traditional and a lot more new.

Crypto.com taking these steps into sponsorship and crypto educationist is some positive way to keep crypto going and themselves in business. You can see why they tend to be doing just fine.

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Quote from: Lanatsa on March 29, 2022, 03:59:54 PM

Among the three so BYJU'S been chosen= thats sad.! It was the latest update so this one is legit.

I do have able to read that there are 3 major sponsors
https://www.insidethegames.biz/articles/1121199/qatarenergy-qatar-2022-fifa-world-cup

So Byjus able to get the spot. Crypto.com might able to get on next year hopefully.

I don't understand how this happened, because it was mentioned crypto.com have got the sponsorship for an undisclosed sum of money. From the above article it is clear that Byju's have got the bid. My doubt is on the sponsorship amount, because to rename an arena crypto.com have spend $700 million and Byju's getting the FIFA deal for just $40 million according to the source makes it unbelievable. Anyhow this time it is Byju's, the official sponsor for FIFA.

Quote

Byju’s partnership comes after FIFA announced on Tuesday that it had signed a sponsorship agreement with Crypto.com of Singapore for the 2022 World Cup, which will take place from November 21 to December 18, 2022.

D-law

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Teaching and partnership will surely go down.
You can sure keep your heads down, they are also in line with many other firm's like one comparing.
This is a good move , please too see that African better than Nigeria

Fatunad

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Quote from: Fortify on March 29, 2022, 04:24:49 PM

Quote from: Oluwa-btc on March 24, 2022, 01:56:00 AM

This ain't the first time they're dealing with stuff's like this, they already dealing with Australian football League, Formula 1.
Joining/ Sponsoring the biggest event/game in football history is a great thing to see as they have been on a rapid increase ever since 2016 having over 10 million customers and over 4000 employees.
They're are also in support of teaching kids about Crypto technology, which i fancy very well!

https://blockworks.co/crypto-com-adds-fifa-world-cup-sponsorship-to-sports-marketing-strategy/

It's a very interesting development and along with Formula 1, is going to draw in a whole new crowd of enthusiasts to the sector. It really is a premium brand to be leading the charge in this sector - a clear and effective domain that is intriguing new users. They must be making substantial returns on their previous marketing investments if they're broadening their scope and it will make a change from all the casino crypto advertisements that are plastered around the league. Let's hope that their big promo deals get spread more fairly among the staff at the clubs instead of causing ever increasing transfer premiums for footballing talent. Seems like this company has a very strong future ahead.

They might have failed on being the sponsor for this upcoming FIFA but Crypto.com did really make out several sponsorships and yes, they wont really be making out such step if they wont really be making any benefits.
If they would remain to be that aggressive in terms of exposure then not surprisingly this company would really become big even more in the future and aside from that it wont really make out more exposure of crypto
which is a win-win situation for us.

Fortify

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Quote from: Oluwa-btc on March 24, 2022, 01:56:00 AM

This ain't the first time they're dealing with stuff's like this, they already dealing with Australian football League, Formula 1.
Joining/ Sponsoring the biggest event/game in football history is a great thing to see as they have been on a rapid increase ever since 2016 having over 10 million customers and over 4000 employees.
They're are also in support of teaching kids about Crypto technology, which i fancy very well!

https://blockworks.co/crypto-com-adds-fifa-world-cup-sponsorship-to-sports-marketing-strategy/

It's a very interesting development and along with Formula 1, is going to draw in a whole new crowd of enthusiasts to the sector. It really is a premium brand to be leading the charge in this sector - a clear and effective domain that is intriguing new users. They must be making substantial returns on their previous marketing investments if they're broadening their scope and it will make a change from all the casino crypto advertisements that are plastered around the league. Let's hope that their big promo deals get spread more fairly among the staff at the clubs instead of causing ever increasing transfer premiums for footballing talent. Seems like this company has a very strong future ahead.

RILWAN

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The sad news of crypto.com losing to bid to sponsor the football event of the year is quite surprising crypto.com have sponsored quite a good number of such sponsorship.

Lanatsa

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Quote from: passwordnow on March 29, 2022, 01:14:06 PM

Quote from: avikz on March 29, 2022, 12:51:55 AM

Quote from: Rabi3 on March 27, 2022, 07:06:24 PM

Crypto.com is making some big moves, FIFA world cup is one the biggest sporting events, I wonder why other big exchanges don't invest their money in something as big as this even though they are ranked better than crypto.com, anyways it still is a big move for crypto space in general to get more attraction, this year could be massive for crypto.

Get the facts right. Crypto.com is not sponsoring the Qatar Fifa world cup. At the final bid, an Indian company Byju's has taken over for sponsorship.

https://m.jagranjosh.com/current-affairs/byjus-becomes-official-sponsor-of-fifa-world-cup-2022-1648187016-1

The sponsorship value is almost 40 million usd. I personally wanted crypto.com to get the sponsorship because it would have given a great push to the crypto market. But unfortunately they couldn't do it.

So it was like a bidding and crypto.com bid for that sponsorship but they weren't the ones that has been chosen by FIFA? That's sad. I thought that this was all positive news and they've taken a big share for that sporting event.
Still, that's a nice try for crypto.com and I think that they'll keep on attempting to bid for major sponsorship to great events that has millions of fans all over the world.

Among the three so BYJU'S been chosen= thats sad.! It was the latest update so this one is legit.

I do have able to read that there are 3 major sponsors
https://www.insidethegames.biz/articles/1121199/qatarenergy-qatar-2022-fifa-world-cup

So Byjus able to get the spot. Crypto.com might able to get on next year hopefully.

passwordnow

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Quote from: avikz on March 29, 2022, 12:51:55 AM

Quote from: Rabi3 on March 27, 2022, 07:06:24 PM

Crypto.com is making some big moves, FIFA world cup is one the biggest sporting events, I wonder why other big exchanges don't invest their money in something as big as this even though they are ranked better than crypto.com, anyways it still is a big move for crypto space in general to get more attraction, this year could be massive for crypto.

Get the facts right. Crypto.com is not sponsoring the Qatar Fifa world cup. At the final bid, an Indian company Byju's has taken over for sponsorship.

https://m.jagranjosh.com/current-affairs/byjus-becomes-official-sponsor-of-fifa-world-cup-2022-1648187016-1

The sponsorship value is almost 40 million usd. I personally wanted crypto.com to get the sponsorship because it would have given a great push to the crypto market. But unfortunately they couldn't do it.

So it was like a bidding and crypto.com bid for that sponsorship but they weren't the ones that has been chosen by FIFA? That's sad. I thought that this was all positive news and they've taken a big share for that sporting event.
Still, that's a nice try for crypto.com and I think that they'll keep on attempting to bid for major sponsorship to great events that has millions of fans all over the world.

leea-1334

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Quote from: avikz on March 29, 2022, 12:51:55 AM

Get the facts right. Crypto.com is not sponsoring the Qatar Fifa world cup. At the final bid, an Indian company Byju's has taken over for sponsorship.

https://m.jagranjosh.com/current-affairs/byjus-becomes-official-sponsor-of-fifa-world-cup-2022-1648187016-1

The sponsorship value is almost 40 million usd. I personally wanted crypto.com to get the sponsorship because it would have given a great push to the crypto market. But unfortunately they couldn't do it.

I have been ignoring crypto.com for years now,,, I always saw them as a scam after Monaco card failed (and they lost a lot of users too) before they went to rebrand to Crypto dot com but it seems as if now they have successfully moved past that era as nobody remember them for that anymore. Did they ever satisfy people about what they used ICO funds for?

Good for them. Ethereum did it, not they will too

TopTort777

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Quote from: Oshosondy on March 29, 2022, 04:05:24 AM

Crypto.com has a token called Crypto.com coin, but now changed to cronus. I think this would help crypto adoption but also their token, if people join the exchange and buy the token, then its price will increase definitely. But the extent the increase may be depends on bull and bear market.

It is Cronos actually. Take a look https://www.coingecko.com/en/coins/cronos.

I dont think CRO prices would grow. The goal of crypto.com promotional program on FIFA is to get more clients and earn on fees, not to create demand on CRO and increase its price. As CRO is used to reduce fees, its price could get some %, but its value wont multiply. People would use crypto.com to buy Bitcoin (just because it is more known cryptocurrency), not CRO.

Oshosondy

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Quote from: Doell on March 26, 2022, 05:56:45 PM

Doesn't the exchange have a token and maybe there will be an explosion bringing the price of the token back to ATH? by the way I think it's pretty if the token will fly, but unfortunately can't gamble on there just trading in general.

Crypto.com has a token called Crypto.com coin, but now changed to cronos. I think this would help crypto adoption but also their token, if people join the exchange and buy the token, then its price will increase definitely. But the extent the increase may be depends on bull and bear market.

Quote from: Jawhead999 on March 28, 2022, 10:27:38 PM

It's possible when Bitcoin also in bull session, if you look on the price [1], it seems this news doesn't really have bigger effect, but at least it encourage to use the exchange.

It would have effect and the effect will really be positive. But even recently the market is so bullish, but I do not yet link it to the news though, but if world cup starts, let us expect its effect by that time, it may not yet be significant for now until then.

Topic: Crypto.com as Sponsor's for FIFA World Cup - page 6. (Read 1103 times)