Major mixed martial arts organization Ultimate Fighting League will be paying fan bonuses to its fighters in Bitcoin BTC/USD.
The fan bonus that will be paid to the top-three fighters of the pay-per-view event that UFC will conduct in partnership with Crypto.com CRO/USD will be in Bitcoin, according to an announcement.
A total of three Bitcoin fan bonuses will range from $10,000 to $30,000. Fans will decide which fighters will get it by voting on Crypto.com's website on the day of the event.
"This new Fan Bonus of the Night is an awesome way to get fans more engaged in our events while rewarding the fighters for bad-a** performances," said UFC President Dana White.
The first UFC Bitcoin fan bonus will be paid to fighters during the upcoming “UFC 273: Volkanovski vs the Korean zombie” pay-per-view event on April 9.
The Bitcoin fan bonus will be an addition to the traditional Fight of the Night and Performance bonuses the fighting league usually awards its athletes.
The announcement follows UFC star Francis Ngannou taking half of his salary in Bitcoin, saying in late January that he believes the cryptocurrency to be the future.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.
All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.
Rate collection and criteria: Click here for more information on rate collection and criteria.