Heavyweight Champ Francis Ngannou Plans to ‘Take Half of His UFC 270 Purse Paid in Bitcoin’
The reigning UFC Heavyweight Champion Francis Ngannou has announced the mixed martial artist has partnered with the payments firm Cash App and plans to take half of his UFC 270 purse in bitcoin. Ngannou told his 620,100...
The reigning UFC Heavyweight Champion Francis Ngannou has announced the mixed martial artist has partnered with the payments firm Cash App and plans to take half of his UFC 270 purse in bitcoin. Ngannou told his 620,100 Twitter followers that he believes “bitcoin can empower people everywhere.”
‘Bitcoin Is the Future and I’m a Believer’ — Mixed Martial Arts Champ Francis Ngannou to Take Half of His Purse in Bitcoin
On January 18, 2022, the Ultimate Fighting Championship (UFC) Heavyweight Champion Francis Ngannou explained that the fighter plans to get half of his UFC 270 purse paid in bitcoin (BTC). UFC 270: Ngannou vs. Gane will debut on Saturday, January 22, 2022, as the ‘Predator’ Ngannou will face the mixed martial artist ‘Bon Gamin’ Ciryl Gane. The knockout artist Ngannou will defend his title at the Honda Center in Anaheim, California.
The French Cameroonian mixed martial artist will join the likes of athletes like Russell Okung, Odell Beckham Jr, and Aaron Rodgers choosing to be paid in bitcoin. That’s according to Ngannou’s tweet on Tuesday that said he plans to take half of his UFC 270 purse in bitcoin. Moreover, the UFC fighter also said that he thinks bitcoin empowers people, when he stated:
I believe bitcoin can empower people everywhere. So I’m excited to partner [with] Cash App to take half my UFC 270 purse in bitcoin.
In addition to getting paid half of his purse in BTC, Ngannou said he planned to give away $300K worth of bitcoin to people dropping their Cash App name tag and using the hashtag “#paidinbitcoin.” The tweet managed to get the #paidinbitcoin hashtag to trend on Twitter in U.S. regions. Similar to Ngannou, the mixed martial arts (MMA) entertainment firm UFC is into blockchain technology and cryptocurrency solutions.
In July 2021, the MMA entertainment firm partnered with the digital currency exchange Crypto.com and sources said at the time it was the UFC’s largest advertising deal to date. Furthermore, the MMA company launched a non-fungible token (NFT) collection in order to celebrate UFC 268: Usman vs. Covington 2.
Just before the UFC Heavyweight Champion Francis Ngannou’s statements about getting half of his purse in bitcoin, the fighter also said that bitcoin is big in Africa. “Been talking with my family and friends in the crypto space,” Ngannou said. “Bitcoin is huge in Africa and I’m thinking of taking half my fight purse in it. Bitcoin is the future and I’m a believer.”
What do you think about Heavyweight Champion Francis Ngannou planning to get half of his purse paid in bitcoin for the UFC 270 fight? Let us know what you think about this subject in the comments section below.
Original source
Read on Bitcoin NewsRelated market context
Bitcoin Selloff Leaves Half of Supply Underwater as Tether Briefly Overtakes Ether
Bitcoin's drop below $60,000 leaves half of supply in loss, while Tether briefly overtakes Ether in a reality check for crypto mar...
SpaceX IPO Shatters Records as Bitcoin Sinks Below $60,000 and Tether Overtakes Ether
SpaceX raises $75bn in historic IPO; Bitcoin falls below $60,000 with half of supply in loss; Tether briefly overtakes Ether in a...
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
British forces board sanctioned Russian oil tanker in English Channel, exposing crypto-paid shadow fleet
The operation highlights the growing use of cryptocurrencies for sanctions evasion, potentially increasing regulatory scrutiny on...
Carlo Ancelotti takes responsibility for Brazil’s 1-1 draw with Morocco as crypto fan tokens enter the World Cup spotlight
Ancelotti's debut highlights challenges of foreign leadership in Brazil, while FIFA's blockchain ventures could reshape fan engage...
Bitcoin Selloff Pushes Over Half of Supply Into Loss, Worst Week Since FTX Collapse
Bitcoin fell below $60,000, pushing over 50% of circulating supply into loss. The worst week since FTX collapse raises questions a...