MMA Legend Jorge Masvidal Becomes First Promoter To Award Fighters Bitcoin

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UFC legend Jorge Masvidal’s bareknuckle MMA promotion Gamebred Fighting Championship has partnered with Legacy Records to award fighters with Bitcoin.

Legacy Records beforehand sponsored the primary Gamebred Fightning Championship occasion on 18 June, after which the document label’s CEO Keishia McLeod awarded 4 Bitcoin-loaded {hardware} wallets with varied prize quantities to the fighters. Legacy Records grew to become the premiere sponsor of Gambebred Fighting Championship’s second occasion in Biloxi, Mississippi on 1 October.

Gamebred Fighting Championship has already loved two profitable bareknuckle MMA occasions. The first struggle night time featured a shocking first spherical knockout by knee and punches from rising star and Bitcoiner Joel Bauman of the world-famous Jacksonwink MMA Academy.

King Bau, Bitcoiner, Professional MMA Fighter

After the occasion the Bitcoin {hardware} wallets have been awarded to the winners of classes comparable to “Knockout of the Night” and “Submission of the Night.”

Masvidal said, “Being that we are the first MMA promotion that brought in cryptocurrency as part of our fight bonus for these fighters helps secure their future and brings more excitement to the sport.” Gamebred is also the first major bareknuckle MMA promotion.

Gamebred Fighting Championship CEO Jorge Masvidal inside Legacy Records sponsored cage

Masvidal continued, “We are proud that we now have fashioned a partnership with Legacy Records and may hand out these ledgers instantly to the fighters following their fights.”

Awarding Bitcoin to fighters is a notable change in path and pioneering transfer for the MMA business. The largest promotion, the UFC, undergoes fixed criticism for underpaying its fighters, who interact in one of many bodily riskiest careers on the planet.

Bitcoin gives MMA athletes a long-term retailer of worth and incentivizes low-time desire cash administration. For athletes who typically obtain their paychecks in a couple of lump sums per yr following fights, Bitcoin payouts are a exceptional enchancment in monetary safety and self sovereignty.

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MMA Legend Jorge Masvidal Becomes First Promoter To Award Fighters Bitcoin

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