UFC-VeChain deal is reportedly worth $100m

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‘) > -1) { addClass($(‘.section-container’), ‘pill-tag’); } One of the leading layer 1 blockchain ecosystems, VeChain, signed a $100 million sponsorship deal with the UFC for five years.The seven-year-old crypto project aims to use the MMA promotion’s worldwide reach to possibly garner more users. Through the company’s first sports sponsorship, VeChain will get unprecedented integration…

‘) > -1) { addClass($(‘.section-container’), ‘pill-tag’); } One of the leading layer 1 blockchain ecosystems, VeChain, signed a $100 million sponsorship deal with the UFC for five years.The seven-year-old crypto project aims to use the MMA promotion’s worldwide reach to possibly garner more users.

Through the company’s first sports sponsorship, VeChain will get unprecedented integration into many of the promotion’s core assets.

VeChain Foundation @vechainofficial We look forward to working with @ufc in the years ahead & helping the world discover the power of public #blockchain for initiatives from #Carbon management, #Sustainability , #SDGs and much more.

#VeChain will revolutionize the global economy.

ufc.com/news/ufc-and-v… $VET 1541 450 We look forward to working with @ufc in the years ahead & helping the world discover the power of public #blockchain for initiatives from #Carbon management, #Sustainability , #SDGs and much more.#VeChain will revolutionize the global economy.ufc.com/news/ufc-and-v… $VET The blockchain ecosystem will gain titleship in the fighter rankings.After the integration, the fighter rankings will be renamed ‘UFC Rankings Powered by VeChain’.

VeChain will also be featured in the world-famous octagon during all the 42 annual events and the ten-episode ‘Dana White Contender Series’.Vechain also stands to make frequent appearances on the fight deck LED boards positioned around the octagon.

Marco @marco_oneze2 VeChain x UFC 🥊

#VeChain #UFC #Bitcoin #cryptocurrency #blockchain 5 VeChain x UFC 🥊 #VeChain #UFC #Bitcoin #cryptocurrency #blockchain https://t.co/J06L9DRPN8 The Blockchain giant will also work with the promotion on many custom and original content bits featuring popular fighters.The blockchain ecosystem is also expected to provide paid marketing opportunities to various fighters.

The VeChain partnership will debut on the UFC 275 fightcard headlined by Glover Teixeira and Jiri Prochazka.

VeChain specializes in helping enhance the supply chain management of different organizations using distributed ledger technology.

VeChain is one of the most widely adopted layer 1 solution blockchains in the world.

VeChain is the second blockchain partnership of the Ultimate Fighting Championship Crypto.com inked a massive $175 million kit deal with Dana White’s company in 2021 becoming the promotion’s global kit partner.As per the deal, the crypto currency platform’s logo was integrated into the ringwalk jerseys of all the fighters.

Later in 2022, Crypto.com introduced three new post-fight ‘Fan Bonuses’ for the fighters.As per the new award, fans can vote for three fighters from the pay-per-view bouts, with the winners getting cash prices.

Crypto.com @cryptocom Crypto․com @UFC Fan Bonus of the Night

60K in #Bitcoin shared by the top 3 #UFC274 athletes

Fans can win exclusive prizes

crypto.com/fanbonus 356 73 🔥 Crypto․com @UFC Fan Bonus of the Night 🔥💰 60K in #Bitcoin shared by the top 3 #UFC274 athletes🎁 Fans can win exclusive prizes crypto.com/fanbonus https://t.co/2uVRaL27Y6 Also Read Article Continues below 5 Richest UFC Fighters in 2018 Does Dana White own the UFC? Conor McGregor net worth 2020 – How much does the UFC superstar earn in a year? The bonuses will be in the form of the popular crypto currency Bitcoin.The first, second and third place winners, as per the votes, were to receive bitcoin worth $30000, $20000 and $10000 respectively.

This bonus was introduced in addition to the already existing official performance bonuses.

The ‘Fan Bonus’ was introduced for the first time on the UFC 273 fight card headlined by the title fight between Alexander Volkanovski and ‘The Korean Zombie’..

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