UFC fighters will get their bonus pay by Bitcoin - page 2.

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Quote from: judeafante on April 07, 2022, 08:30:02 PM

This is a good development and we expect good fights from now on because

Quote

Bitcoin bonuses will be awarded to the three standout athletes at each UFC pay-per-view event as voted for by fans across the world.

Crypto.com will be the one to pay the bonus and this will enhance the usage of Bitcoin of course awareness comes to it looking forward to other organizations using Crypto.com services to reward or pay their athletes and officials.

Do you think the majority of athletes not only from UFC will be happy to accept their bonus by Bitcoin?

Well you have to give it to them, crypto.com are excellent marketers and are seriously dominating the scene right now. They're sponsoring so many sports out there and must be raking in huge profits from all the new signups they are creating. It's a clear, concise, connected and very easy to remember domain so it's on track to become the Paypal of cryptocurrency - Leaving companies like Binance and Coinbase in the dust. This bonus payout works well for them, as they will be raking in large amounts of fees in Bitcoin every day and can pay it more directly while effectively promoting their product a little bit extra. It's good for Bitcoin, unless they start pushing their own junk coins.

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Quote from: cheezcarls on April 19, 2022, 06:19:22 AM

Regardless if the UFC fighters have knowledge in crypto or not, the BTC bonus is a great perk for them. However, it is much better if these UFC fighters must start learning about Bitcoin, cryptocurrencies, etc., especially in using Crypto.com. What matters is that UFC has embraced Bitcoin and cryptocurrencies in open arms, as they finally understood the technology and future of it.

These days UFC fighters are well aware about cryptocurrencies, because majority of the players were sponsored by crypto firms and the jersey carry cryptocurrency ads. This is a big step forward and benefitting the UFC fighters. Same as this, such bonuses need to be availed in other sectors. This will give more exposure to bitcoin.

cheezcarls

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Regardless if the UFC fighters have knowledge in crypto or not, the BTC bonus is a great perk for them. However, it is much better if these UFC fighters must start learning about Bitcoin, cryptocurrencies, etc., especially in using Crypto.com. What matters is that UFC has embraced Bitcoin and cryptocurrencies in open arms, as they finally understood the technology and future of it.

qwertyup23

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Quote from: bittraffic on April 07, 2022, 09:09:07 PM

They need someone to really teach the athletes to learn the benefits of BTC or just give them the option to receive stabecoin instead. Otherwise the athletes will blame crypto.com if the value of the BTC goes down. Having the stablecoin, they will still have the chance to trade it to BTC when they change their minds. I believe the crypto.com will pay them thru the crypto.com app, right?

I think this is one of the duties that the organizers need to inform the fighters- like at least educate them about the nature of cryptocurrencies and about its volatility. Like you mentioned, they may get the wrong idea if they suddenly see that their winnings decreased significantly due to extreme volatility. Nonetheless, there has to be some sort of waiver if they fully want to receive their bonus in BTC.

Though this may be the case, this is some good development on cryptocurrencies. The fact that a sport that is as big as UFC started to entertain and integrate cryptocurrencies as a form of payment can attract more people into knowing the latter's nature and fundamentals.

peter0425

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Quote from: judeafante on April 07, 2022, 08:30:02 PM

This is a good development and we expect good fights from now on because

Quote

Bitcoin bonuses will be awarded to the three standout athletes at each UFC pay-per-view event as voted for by fans across the world.

Crypto.com will be the one to pay the bonus and this will enhance the usage of Bitcoin of course awareness comes to it looking forward to other organizations using Crypto.com services to reward or pay their athletes and officials.

Do you think the majority of athletes not only from UFC will be happy to accept their bonus by Bitcoin?

How good if all of Sports man will also have this offers , because we can see nowadays that there are so much support from sports person towards cryptocurrency.

there are also gambling sites in crypto that has sports celebrity endorser and advertiser so there will be enough rooms for Crypto accepting players?

so not only UFC fighters but als other sports players .

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Quote from: Franctoshi on April 14, 2022, 06:24:12 AM

This is step in the right direction by crypto.com in her goal to creating more aweness for her crypto exchange and in other way increase cryptocurrency aweness and adoption. If other exchange or companies should join hand together or embrace other methods in pushing this Blockchain technology forward, this will help speed up adoption more than we expected.

It's just another marketing ploy, but I can't understand how it can affect the UFC fights themselves, or the fighters. Yes, there will be additional bonuses that's good, but it won't solve anything. For the fighters themselves, if they are not crypto enthusiasts, then these bitcoins will not solve anything, they will either exchange them for fiat, or simply leave them on hold as some kind of investment in the future. Or maybe when they own bitcoin, then they will begin to study what it is. )

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This could prove to be a major step towards the adoption of cryptocurrency. And also be a different and unique way connecting fans with their favourite UFC fighters.

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MMA mare partnership with cryptocurrency and now they pay bonuses in bitcoin to the fighters. It is sport game and many of people like this game and after bitcoin partnership with sport game it is good move of Bitcoin towards regulate in worldwide.

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Quote from: Farma on April 14, 2022, 03:51:40 AM

I often watch UFC and I often see sponsors from crypto.com.
this may be a start in the use of crypto which will be huge in the future. Personally, I think that there will be a lot of sports in the future that will use bitcoin as their means of payment. whether it's a bonus, an incentive, or even their salary. well, basically it's a good thing to get people used to using crypto in the digital world. they will feel comfortable in making fast transactions using crypto. this will spread to those closest to them, and more and more. this is a good thing in the crypto world.

I do not watch UFC all that much, I follow just highlights but I do see them as well, but that doesn't mean that getting payments in bitcoin will become a common thing everywhere. I see crypto.com in NBA and in F1 as well but we do not see them getting paid bonuses in bitcoin there, which means that sponsorship do not really mean they would be getting in bitcoin, that is just getting the name of crypto out there and the name of crypto.com is great for that reason.

The trick is, here we are seeing fighters agreeing to it as well, or maybe they won't who knows but for now it looks like it is all understandable going smooth, and that is the main point, getting people to accept bitcoin payments.

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Quote from: ipanks on April 13, 2022, 12:44:07 AM

if they refuse to accept their bonus in bitcoins, they will miss the big chance to make a profit in the future.

If they refuse the bitcoin offer, that's the same as saying they refuse the bonus being offered to them because bitcoin is still a money and if they didn't knew bitcoin or did not like it, they can still sell it immediately once they received it. Not all are willing to hodl their bitcoin for longer terms especially if they are not familiar with it.

Quote from: ipanks on April 13, 2022, 12:44:07 AM

They should realize that the bitcoins they get are not because they bought them from the market but because it is a bonus from their work.

Obviously they will. It's call a bonus right? if they will realized this fact, the more that they will not care to keep their bitcoins for a long time because it was not their own money that they use to get those bitcoins so it's okay if they can sell it at any price because in the end they are still going to get some profit with it.

Franctoshi

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This is step in the right direction by crypto.com in her goal to creating more aweness for her crypto exchange and in other way increase cryptocurrency aweness and adoption. If other exchange or companies should join hand together or embrace other methods in pushing this Blockchain technology forward, this will help speed up adoption more than we expected.

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Quote from: molsewid on April 13, 2022, 05:29:15 AM

snip

I don't think everyone knows the value of bitcoin. I mean, even though they know the value of bitcoin, some people are still afraid of the value of bitcoin, which can fluctuate at any time and that's why they still think long about investing in bitcoin. I'm also not sure if all UFC fighters are more aware of this digital currency because there will be some who don't like it. Also, during this time, people tend to like things they can see and hold and feel, while bitcoin can only see them. It is a challenge for the UFC to introduce more crypto to its fighters and what are the advantages of this crypto for them.

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Quote from: Farma on April 14, 2022, 03:51:40 AM

I often watch UFC and I often see sponsors from crypto.com.
this may be a start in the use of crypto which will be huge in the future. Personally, I think that there will be a lot of sports in the future that will use bitcoin as their means of payment. whether it's a bonus, an incentive, or even their salary. well, basically it's a good thing to get people used to using crypto in the digital world. they will feel comfortable in making fast transactions using crypto. this will spread to those closest to them, and more and more. this is a good thing in the crypto world.

Good thing when many advertising from cryptocurrency on UFC because this fight competition have many watcher every time, I think will be good side when bitcoin as advertiser there because can promoting how bitcoin effective as investing assets and payment currency on the future. I think when giving bonus for the winner actually UFC fighter will created bitcoin wallet and they will have more knowledge about bitcoin and altcoin as worth for transaction and investing at the future, I hope keep consistent to be investor or advertising on UFC fight competition.

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I often watch UFC and I often see sponsors from crypto.com.
this may be a start in the use of crypto which will be huge in the future. Personally, I think that there will be a lot of sports in the future that will use bitcoin as their means of payment. whether it's a bonus, an incentive, or even their salary. well, basically it's a good thing to get people used to using crypto in the digital world. they will feel comfortable in making fast transactions using crypto. this will spread to those closest to them, and more and more. this is a good thing in the crypto world.

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Quote from: Ararbermas on April 13, 2022, 10:42:36 PM

Quote from: Tumanggor on April 12, 2022, 04:32:23 PM

Bitcoin is an asset that will be very interesting and profitable in the future, if athletes refuse to understand more about Bitcoin then I say they are stupid

How? I don't think so..

Indeed without bitcoin they can make more money with that sports only, And i don't think they will become holders afterward because surely they don't have such mindset and interest when it comes to bitcoin investment. I mean all they need is the bunos and perhaps its expected since the partnership is based on crypto.

Yes, I think so too. Some will be a holder of bitcoins from their bonuses and others will not be a holder of bitcoins.
He could say they were stupid if the athletes refused to accept their Bitcoin bonuses, but it all depends on how they understand what bitcoin is.
Those familiar with bitcoin will be happy and welcome this idea because they will have an investment that will provide huge profits in the future.
But those who want to receive a bonus in fiat form will refuse it because they see the very large amount of money they will receive as a bonus.

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Quote from: LUCKMCFLY on April 14, 2022, 01:14:19 AM

Quote from: Zilon on April 08, 2022, 11:05:55 AM

Quote from: judeafante on April 07, 2022, 08:30:02 PM

Do you think the majority of athletes not only from UFC will be happy to accept their bonus by Bitcoin?

Bitcoin bonus is a no turn down by any athlete. Since it's only bonuses that get paid in bitcoin it will definitely mean the earn their major pay in fiat so the volatility might not be much of a concern except for those who don't have good knowledge about crypto currency and it's price fluctuations. But for athletes with knowledge about bitcoin the will surely prefer their bonuses in bitcoin

Well I think that a bonus in BTC thanks to the influence of crypto.com is something that helps a lot especially for those who do not believe in BTC, in this case for the UFC fighters it is an additional motivation, for those who did not believe in BTC, I think that now it is a great option for them to enter the platforms to make the respective bets.

In part this benefits not only the world of sports but also market speculators and investors, somehow a lot of demand will come in and this means that BTC can reach a great price, of course this is not overnight another, but I am sure that in the medium and short term we will see more of an effect.

If those who receive their bonuses will start adopting or start their curiosity in this industry, we might see good impacts on the entire market. Until now there are people who don't believe in it and by doing this it will add some good numbers of new people to enter inside this market and who knows maybe those people will also invite or influence more people that surround them right?

Still early for this one, but the more crypto will be advertised and introduce the more we will see good numbers of adoptions to take place.

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Quote from: Zilon on April 08, 2022, 11:05:55 AM

Quote from: judeafante on April 07, 2022, 08:30:02 PM

Do you think the majority of athletes not only from UFC will be happy to accept their bonus by Bitcoin?

Bitcoin bonus is a no turn down by any athlete. Since it's only bonuses that get paid in bitcoin it will definitely mean the earn their major pay in fiat so the volatility might not be much of a concern except for those who don't have good knowledge about crypto currency and it's price fluctuations. But for athletes with knowledge about bitcoin the will surely prefer their bonuses in bitcoin

Well I think that a bonus in BTC thanks to the influence of crypto.com is something that helps a lot especially for those who do not believe in BTC, in this case for the UFC fighters it is an additional motivation, for those who did not believe in BTC, I think that now it is a great option for them to enter the platforms to make the respective bets.

In part this benefits not only the world of sports but also market speculators and investors, somehow a lot of demand will come in and this means that BTC can reach a great price, of course this is not overnight another, but I am sure that in the medium and short term we will see more of an effect.

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Quote from: Tumanggor on April 12, 2022, 04:32:23 PM

Bitcoin is an asset that will be very interesting and profitable in the future, if athletes refuse to understand more about Bitcoin then I say they are stupid

How? I don't think so..

Indeed without bitcoin they can make more money with that sports only, And i don't think they will become holders afterward because surely they don't have such mindset and interest when it comes to bitcoin investment. I mean all they need is the bunos and perhaps its expected since the partnership is based on crypto.

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Quote from: Quidat on April 12, 2022, 05:12:24 PM

Quote from: livingfree on April 12, 2022, 04:52:27 PM

Quote from: Tumanggor on April 12, 2022, 04:32:23 PM

Bitcoin is an asset that will be very interesting and profitable in the future, if athletes refuse to understand more about Bitcoin then I say they are stupid

No, they are not.

Just because there could be a few of them that refuses to get paid or getting a bonus with bitcoin. I don't think that you should call them as that just because they don't understand it yet.

It's okay to refuse and I've told people about bitcoin and refused me for so many times but I didn't got that feeling of describing them like that.

Kind of harsh eh? We are not all-knowing type of being on which there would really be athletes who do really dont know on something which it is really just normal that they'd likely to refuse because
they dont know on what they are dealing with and would simply stick out with fiat which they have been get used to which is something not surprising. Neither they would be accepting or not and
if they are the ones who are entitled to get those bonuses then they would really be having no choice but to accept it since they do deserve it and the rest of learning would be done later.

Yes.

If it's a forceful payment of bonus in bitcoin then there's no way for them to refuse it. The matter is that if an athlete refuses it because he or she don't understand it.

They're becoming honest with their setup and it should be respected. But I guess majority of them have heard about bitcoin and they are for sure going to accept it but, to those that refuses it, that's okay but don't have that negative description for them.

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Quote from: cabron on April 12, 2022, 12:00:15 AM

Maybe the rest of the crypto companies will follow when they sponsor some events. If only crypto.com has sportsbetting platform as well, these MMA fighters may also enjoy betting and will not even try to cashout the bonuses they gave.

Its not a problem if they receive cryptocurrency without prior knowledge about it, there are tons of information online. Besides its just a bonus, Petr Yan probably did not expect to get a bonus.

If we visit the website of crypto.com we will see that they have different products and services offered, why can't they add a sportsbet or a casino on top of that? That will be a good idea since they are sponsoring different events. It will be easier for them to gather players. For now they don't have it but those fighters that receive their coins can still do trading on crypto.com, if not then they can also use crypto.com's wallet.

It is surely safe not only because of its reputation but also because users can hold their private keys with them. Fighters are smart guys, we shall not worry because they can easily learn it if they haven't yet.

Topic: UFC fighters will get their bonus pay by Bitcoin - page 2. (Read 944 times)