The Ultimate Fighting Championship (UFC) has now adopted Bitcoin (BTC) as a payment option for its fighters.
UFC fighters will now be paid their fan bonuses in BTC through its official crypto partner, Crypto.com.
The top three fighters featured in the UFC Pay-Per-View will get BTC payment based on fan voting. UFC Pay-Per-View is a subscription-based viewing plan that gives viewers access to fights.
The payment is in 3 categories, including US$30,000 for first place, US$20,000 for second place, and US$10,000 for third place.
In the last 24 hours, bitcoin has been down by 1.8%, with a current price of $43,229.51 as of the time of writing this. Within 24 hours, bitcoin experienced a $42,866.88 low and $44,221.03 high. The trading volume of bitcoin in the last 24 hours is $27,612,374,385. The current market capitalization of bitcoin is $821,592,784,020. Currently, $19.00M bitcoins are in circulation.
Stats and Image from Coin Gecko
The first Fan Bonus of the Night will be introduced at the UFC 273: VOLKANOVSKI vs. THE KOREAN ZOMBIE fight slated for Saturday, April 9, at VyStar Veterans Memorial Arena in Jacksonville, Fla.
“Crypto.com has been an official UFC partner for less than a year, and I’m telling you they are already one of the best partners we’ve had. They’re constantly coming up with new ideas about how we can work together to connect with the fans,” UFC president Dana White said in a statement.