Sunshine Tour – knowledgeable golf match held in Southern and Japanese Africa – partnered with Luno to convey cryptocurrencies nearer to the contributors. Other than prizes in fiat foreign money, the highest golfers will obtain awards in bitcoin.
BTC Reaching the Golf Course
The first cryptocurrency retains making its approach by the sports activities trade. The most recent such instance got here from the celebrated golf championship – Sunshine Tour. The match, based mostly in quite a few African international locations like Botswana, Kenya, Mauritius, Tanzania, and South Africa, will give round $31,000 price of bitcoin to the golfer that finishes first.
The second-ranked will obtain roughly $12,000 in BTC, whereas the third will get $6,000 price of the asset.
Sunshine Tour’s companion is the cryptocurrency trade Luno. The winners could have their bitcoin awards transferred to their Luno accounts. Marius Reitz – Normal Supervisor of the trade – stated his firm’s purpose is to empower folks to entry a “new monetary system suited to the digital age.”
He additional opined that the crypto alternative may very well be useful to skilled golfers who’ve a “very totally different mind-set about threat and reward, each on and off the golf course:”
“Their careers are consistently evolving, and this aligns completely with our imaginative and prescient to place the facility of crypto in everybody’s palms by making it protected and straightforward to purchase, retailer and find out about crypto.”
Bitcoin Prizes in Different Sports activities
The main digital asset has been used as a monetary stimulus in quite a few sports activities over the previous years. In 2021, the Indian-based crypto buying and selling venue Bitbns promised to award every native Olympic champion from the Tokyo Video games $2,700 price of digital property. Silver medal winners have been presupposed to obtain $1,250 in crypto, whereas bronze medalists – $675. The cryptocurrencies in query have been bitcoin and ether.
One other sport the place BTC is very common is the Final Combating Championship (UFC). Final month, the group partnered with CryptoCom to introduce the brand new “Fan Bonus of the Night time,” which will probably be awarded to athletes within the digital asset.
The payouts vary from $30,000 for first place, $20,000 for a second, and $10,000 for third. Followers can vote on the UFC’s Pay-Per-View channel and resolve which athlete deserves to be positioned on high.
Dana White – President of the championship – described CryptoCom because the “greatest companion” the entity has ever had:
“They’re consistently developing with new concepts about how we will work collectively to attach with the followers. This new Fan Bonus of the Night time is an superior strategy to get followers extra engaged in our occasions whereas rewarding the fighters for bad-ass performances.”
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