All About Ultimate Fighting Championship And Crypto.com

Ultimate Fighting Championship (UFC) is not related to the crypto market but there is a partnership between UFC and Crypto.com we will talk about this partnership and discuss about the effect of this partnership.

Key Highlights of this deal

The deal is reportedly worth about $100 million in a minimum five-year partnership.

The partnership began immediately and the VeChain asset was visible during the UFC event in Singapore on June 11.

As part of the deal, VeChain will own the UFC’s official Fighter Ranking title, now referred to as the “UFC Ranking Powered by VeChain.”

What is UFC ?

UFC stand for Ultimate Fighting Championship. basically UFC is an American mixed martial arts promotion company based in Las Vegas, Nevada. It is owned and operated by Zuffa, LLC, a wholly owned subsidiary of Endeavor Group Holdings. It is the largest MMA promotion company in the world as of 2011.

how much did crypto.com pay for ufc ?

The crypto exchange became the official “fight kit” partner of the UFC in a 10-year deal worth $175 million. MMA promotion Ultimate Fighting Championship (UFC) has started paying out bonuses to its fighters in bitcoin payments through its partnership with digital currency exchange Crypto.com. Bonuses will be paid through a voting process that allows fans to choose their top three fighters from the PPV for bonuses.

How much does it cost to sponsor UFC?

From $10,000 to $100 million a year: That’s how hot the big brands eventually became for the UFC – The Athletic. and the crypto.com done this for the promotional purpose.

What is Crypto COM UFC?

The UFC is adding a new cryptocurrency bonus to its pay-per-view event, with $60,000 worth of bitcoin to be distributed to fighters based on a fan vote. The new bonus is part of a 10-year, $175 million partnership between the MMA company and Crypto.com, the largest sponsorship in UFC history.

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