Cryptocurrency

Heavyweight champ to take 50% of bitcoin in his UFC 270 wallet

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UFC heavyweight champion Francis Ngannou has announced that he will be taking half of his UFC 270 winnings in Bitcoin (BTC) via the Cash App.

The French-Cameroonian MMA fighter will take on the undefeated Ciryl Gane on January 23 and is expected to secure a $750,000 guarantee. In a January 18 tweet, Ngannou noted:

“After doing a lot of research on Bitcoin, I truly believe it is the future of money, man. Bitcoin is valuable, secure, and no one can mess with it.”

The event will take place at the 18,000+ capacity Honda Center in Anaheim, California. In the first defense of Ngannou’s title reign, the fight is an interesting heavyweight encounter, with both fighters going into the arena with their best performances to date, with the winner likely to be heavyweight for years to come The new face of heavyweight.

Tickets are still up for grabs, and the game will air on ESPN + PPV in the US. Cash App invested heavily in the fight, with an additional $300,000 giveaway for followers who tweeted about the campaign.

Cash App marketing campaigns have Witness famous people Give away bitcoins to their social media followers. In early December, Hollywood actress Gwyneth Paltrow announced that she would be giving away $500,000 in BTC to her Twitter and Instagram followers through a Cash App partnership.

Ngannou is also not the first professional MMA fighter to earn bitcoin.In a December 17 interview, Kevin Lee said that the Eagle Fighting Championships in Russia will Pay him in BTC.

related: Crypto.com Partners with Los Angeles Angels City Football Club

Billions of people watch sports, and crypto brands are using the power of sports partnerships to target mainstream users.

In one of Australia’s largest crypto sports partners, the Australian Rules Women’s division called AFLW has just won the $25 million deal with Crypto.com.Crypto.com also secured a $700 million deal in mid-November to rename Los Angeles’ Staples Arena as Crypto.com Arena for 20 years.

The cryptocurrency company also signed huge sponsorship deals with Formula 1 and the UFC in June and July, respectively.

Cash App has partnerships with several NFL players, including Los Angeles Rams wide receiver Odell Beckham Jr. and Green Bay Packers quarterback Aaron Rodgers.The partnership will allow them to get Bitcoin Salary.

Tampa Bay Buccaneers quarterback Tom Brady took one Equity in FTX Trading and will receive encryption as part of the endorsement transaction. He acts as an ambassador for cryptocurrency exchanges. FTX also has deals with the Miami Heat and Major League Baseball.