Ultimate Fighting Championship (UFC) has introduced a brand new cryptocurrency bonus for its pay-per-view occasions. According to the announcement, the championship will distribute $60,000 price of Bitcoin to fighters, decided by a fan vote.
The Bonus Is Part Of Crytpo.com’s Sponsorship Deal
The new bonus is a part of the Championship’s 10-year sponsorship take care of Crytpo.com and the MMA Company, which is price $175 million. The deal is the most important sponsorship within the historical past of the UFC. According to the deal, every PPV occasion will permit followers to vote on essentially the most deserving fighters. The third-place fighter takes $10,000 whereas the second place fighter goes dwelling with $20,000. However, a $30,000 bonus pay goes to the winner of the PPV occasion.
UFC president Dana White acknowledged that the partnership deal between UFC and Crytpo.com has been for lower than a yr, however the partnership deal has been the most effective the Championship has ever had. The president added that the brand new Fan Bonus of the night time is a good way to guarantee extra fan engagement whereas providing rewards to the fighters for their wonderful performances.
The First Bonus Begins At Upcoming UFC 273 Event
Endeavor-owned UFC has usually been criticized for the way it compensates fighters. In different high U.S. leagues, 50% of their revenues go to their athletes. However, UFC solely gives about 30% of the revenues. Additionally, the Championship gives a fancy tiered system the place the precise compensation for a fighter is decided by the extent of expertise the fighter has.
But other than the rewards for their fights, they nonetheless obtain a payout for promo and week-of-activities, which often consists of cash for carrying Venum attire.
The first Bitcoin fan bonus will probably be launched on the upcoming UFC 273, which is the Volkanovski vs The Korean Zombie PPV occasion on Saturday. The Bitcoin fan bonus is totally different from the conventional Fight of the Night bonus reserved for the fighters.
With the addition of the Bitcoin bonuses, UFC is poised to supply extra rewards and compensation to the fighters for their performances within the ring.
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