Lens1000
VIP Contributor
As the use of cryptocurrency grows around the world, an increasing number of celebrities and athletes are getting paid in digital assets like Bitcoin.
Notably, on January 14, UFC heavyweight champion Francis Ngannou announced on Twitter that he is considering collecting 50% of his next fight in Bitcoin.
It's worth noting that the fighter was recently in contract talks with the UFC, however they were at odds over a new UFC deal that included boxing options. It's unclear whether Ngannou's interest in Bitcoin as payment for his fight purse has anything to do with his statement that he "would not fight for $500,000, $600,000 anymore."
"Bitcoin is massive in Africa," the champion said, which isn't an exaggeration; according to Chainalysis, the African cryptocurrency market rose by over 1,200 percent in value between July 2020 and June 2021. According to the corporation, African countries received $105.6 billion in cryptocurrency.
The Ultimate Fighting Championship, under which Ngannou competes, is a well-known international mixed martial arts organization. Crypto.com, one of the world's major crypto trading platforms by trading volumes, announced a sponsorship and a fight-kit agreement with the company in July 2021.
Notably, on January 14, UFC heavyweight champion Francis Ngannou announced on Twitter that he is considering collecting 50% of his next fight in Bitcoin.
It's worth noting that the fighter was recently in contract talks with the UFC, however they were at odds over a new UFC deal that included boxing options. It's unclear whether Ngannou's interest in Bitcoin as payment for his fight purse has anything to do with his statement that he "would not fight for $500,000, $600,000 anymore."
"Bitcoin is massive in Africa," the champion said, which isn't an exaggeration; according to Chainalysis, the African cryptocurrency market rose by over 1,200 percent in value between July 2020 and June 2021. According to the corporation, African countries received $105.6 billion in cryptocurrency.
The Ultimate Fighting Championship, under which Ngannou competes, is a well-known international mixed martial arts organization. Crypto.com, one of the world's major crypto trading platforms by trading volumes, announced a sponsorship and a fight-kit agreement with the company in July 2021.
