Crypto moving into world. Algo sponsor FIFA

[Oshosondy]

World football’s governing body confirms collaboration with green blockchain technology company Algorand
Algorand will become the official blockchain platform of FIFA
Partnership announced by FIFA President Gianni Infantino and Algorand founder Silvio Micali in Los Angeles, USA
FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal.

The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.

The recent AFCON was sponsored by Binance. Blockchain network Algorand (ALGO) will sponsor FIFA, you can read more information about this on the quote or click on the link on the quote for the full news information. Crypto related businesses are getting more into the real world, this will favour Algo but also cryptocurrencies is becoming the trend in the world. What do you people see about this, with this more people will also know about cryptocurrencies.

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[Ararbermas]

Good to hear this news, because indeed usually bitcoin and binance nd other platform when it comes cryptocurrency is only can be seen and such events.  Now it seems other projects is having an opportunity as well. For me surely this is the beginning, i mean some top altcoins will sponsor such event as well just for the exposure, which is a good idea, indeed.

[Wexnident]

Well, it was a matter of time really, big companies (crypto or not) would naturally try to advertise themselves on the global stage, I'm just glad all in all that they were allowed to (Ik FIFA already did accept some crypto related stuff). As for being able to spread the crypto stuff well, it depends on what you mean by "know". There's the instance of someone knowing the word crypto, that it's related to this and that, but there's also the instance of knowing crypto as a user of it. Kinda like how I know that Redbull is a popular energy drink, but that's it. I don't use it, nor do advertisements make me want to use it, if that makes actual sense.

[bittraffic]

As part of the agreement, Algorand will also assist FIFA in further developing its digital assets strategy, while FIFA will provide sponsorship assets including advertising, media exposure and promotional opportunities.

Nice to see more blockchain companies are sponsoring sports events. Its the easiest way to promote a project so it can be sen and heard by a lot of people. Crypto.com did it also.

With such news I guess its the reason why Algorand climbed up to 21.28% today. Still a good time to ride with it as its not yet on its ATH. Algorand its possible that FIFA will be releasing their own token which what they could mean in the quote above?

[Mauser]

The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.

Great news for the Algorand and the crypto community in general. Being the official sponsor for the largest sport events in the world is awesome. People from almost every country of the world are going to watch the Worldcup 2022 in Qatar. The Women's World Cup doesn't have the same reach as the men's tournament but still will attract a lot of public interest from the media. With such a big platform to advertisie on Algorand should be able to get a lot of new customer and bring more investors into the crypto world. Just by looking at the ALGO price we see that investors are excited with the coin jumping 23% upwards. I wonder how much higher the price will go before the world cup, vs after the world cup. There should be a big profit coming in.

[swogerino]

This is only positive news for Bitcoin and crypto in general,it is expected that the FIFA World Cup will have a lot of audience,already 23 million persons are fighting to get a ticket to be present to watch the games live in the stadiums while all the world will cherish for their favorite teams when they will play by watching them on TV.This sponsorship will have a global scale audience and surely I predict that it will make a lot of persons curious about what crypto is and how it works and how can they be part of it.Only good comes from such partnerships.

[dimonstration]

World football’s governing body confirms collaboration with green blockchain technology company Algorand
Algorand will become the official blockchain platform of FIFA
Partnership announced by FIFA President Gianni Infantino and Algorand founder Silvio Micali in Los Angeles, USA
FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal.

The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.

The recent AFCON was sponsored by Binance. Blockchain network Algorand (ALGO) will sponsor FIFA, you can read more information about this on the quote or click on the link on the quote for the full news information. Crypto related businesses are getting more into the real world, this will favour Algo but also cryptocurrencies is becoming the trend in the world. What do you people see about this, with this more people will also know about cryptocurrencies.

Sports sponsorship is the easiest entry point for crypto promotion since this industry is consistently looking for sponsorship due to the number of games they are holding per year. I recently saw this news and this is a big deal for Algorand. The price of ALGO skyrocket to 20% today even there's a bearish sentiment on crypto. I'm interested to know the full extent of this partnership since FIFA is a huge sports organization world wide and it will help crypto in general for exposure. I hope next sponsorship will involve direct use of crypto to players.

[pakhitheboss]

Good to hear that Algo has also joined the bandwagon with crypto.com. I assume these two crypto firms will now be getting a lot of visibility through FIFA 2022. What I like most is that Algo has become the official blockchain for FIFA and this partnership will surely pump the price. I am also expecting the market cap of Algo to increase before and after the tournament ends.

[Yaunfitda]

It's a win-win, if they can developed a blockchain, a customized one for FIFA using Algo then this could set a trend.

On the other hand, this is the biggest sporting event, so people around the world who might not heard about Algo or crypto in general might be curious and who knows, maybe just a small percentage of fans will be enough to bring crypto to the public, hence mass adoption.

[arwin100]

For sure what crypto.com do influence them to do the same marketing strategy. And for making this to happen by reaching huge crowd for sure this two companies will really wake up the interest of the people who want to start their crypto career. Also will not get surprise if many huge crypto companies will do the same and this is truly great because the whole crypto market will get benefited on what actions they do these days.

[Boristhecat]

For sure what crypto.com do influence them to do the same marketing strategy. And for making this to happen by reaching huge crowd for sure this two companies will really wake up the interest of the people who want to start their crypto career. Also will not get surprise if many huge crypto companies will do the same and this is truly great because the whole crypto market will get benefited on what actions they do these days.

It's starting to snowball - one pulls the other, and crypto companies compete with each other to get the "coolest" collaboration. And most importantly, traditional business looks at such cooperation as at usual, in fact, crypto companies are no different from any other companies anymore.
By the way, I heard that the other day in Argentina, due to inflation, the government allowed state institutions to work with cryptocurrencies - this is the next stage of adoption, which in turn will entail a lot of similar news that we see in the first message.

[fiulpro]

We have certain other sports that are quite promising as a advertising tools for things related to crypto gambling, one can always talk about the UFC and it's sponsors but the government have also tried to control the measures to make sure that the famous stars are not associated with the gambling platforms this limiting the influence as well when we are talking about Algo I think that it would be working better on many levels since it's not a gambling company perse therefore it can provide better results for both the fifa and the company as a whole. Good work! Hopefully we won't see any problems or any requirements put down by the government on them as well.

[safari88]

This is clearly a marketing stage and tactic, but still, it does the work for cryptocurrencies to be more known and disseminate information that it is being integrated into societal activities than ever. Regardless of the crypto company, I am rooting for any crypto collaboration with external companies because this would impact the whole community at the end of the day. Let’s all hope that nothing will go wrong, especially if different government agencies started to want to butt in or whatever.

[maydna]

A crypto project sponsoring a big event like FIFA will arouse public curiosity about what crypto is, and it will undoubtedly trigger the growth of crypto to become more popular. Even though there are only a few coins for now, in the future, there will be more projects that want to participate in other big events because that will also help the project become even bigger. This year is a good start for crypto projects to show the public that crypto has come with them.

[dothebeats]

Makes sense given that FIFA brings in a huge number of viewership compared to other sports and big leagues/championship. This brings a lot of attention to Algo and Binance during the whole time FIFA is airing. The impact is not directly felt after the first few games, but for sure as time goes by people will be curious and will begin their own research about blockchain as a whole too.

Good thing that other huge companies are willing to spend huge bucks for the advertisement and exposure of the blockchain and cryptocurrency as a whole.

[bitbollo]

Yes this is Absolutely true... Cryptocurrencies and related Companies need exposure with the crowd of people that are not in crypto.
This is a good news for the whole industry.
Lets see in details what they are creating, I am pretty curious to see the final applications / real world usage

[Fortify]

World football’s governing body confirms collaboration with green blockchain technology company Algorand
Algorand will become the official blockchain platform of FIFA
Partnership announced by FIFA President Gianni Infantino and Algorand founder Silvio Micali in Los Angeles, USA
FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal.

The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.

The recent AFCON was sponsored by Binance. Blockchain network Algorand (ALGO) will sponsor FIFA, you can read more information about this on the quote or click on the link on the quote for the full news information. Crypto related businesses are getting more into the real world, this will favour Algo but also cryptocurrencies is becoming the trend in the world. What do you people see about this, with this more people will also know about cryptocurrencies.

There are a lot more cryptocurrency exchanges doing heavy advertising lately and moving into the sports arena, which have traditionally been dominated by the sportsbook and casino crypto advertisers. It's interesting to see the competition building up between different types of crypto companies, however it tells you that all of them have a lot of money to throw around. I'm always curious to look at and analyze the fees that they are charging customers, because at the end of the day that is what pays for all these advertisements. It might actually be better to avoid cryptocurrency exchanges that advertise on such big and unrelated events, because there will be cheaper companies out there.

[Doell]

Being a sponsor for a big event is amazing, Crypto.com has set a great example for the blockchain industry. Cryptocurrencies have been a trend for a long time around the world, the Algorand partnership I think is to expand the Algo blockchain platform, advantage replaced by popularity, by the way to people hodl Algo good luck and hit new ATH.

[btc_angela]

Being a sponsor for a big event is amazing, Crypto.com has set a great example for the blockchain industry. Cryptocurrencies have been a trend for a long time around the world, the Algorand partnership I think is to expand the Algo blockchain platform, advantage replaced by popularity, by the way to people hodl Algo good luck and hit new ATH.

Right, Crypto.com is in front and has a trickle effect now. And we all know that people behind this project is all businessman, so they will have to find a way to have their companies in front of the competition. So it's a good decision to see sports as one avenue for them to make crypto in general more closer to the masses. So this is another good and welcoming news. The effect might not be felt right away though, it might take some time for people to realized that crypto will be the biggest revolution.

[YOSHIE]

with this more people will also know about cryptocurrencies.

That's for sure, I think there is a special attraction to crypto especially in the world of sports, this is most likely to help FIFA in developing methods or strategies regarding crypto assets.

positively is a step that is quite professional and good, considering that the audience for the world cup in Qatar is international and another good effect is with partners, currently running between Algorand and FIFA could be one solution for Algorand to provide a wallet in full blockchain support, with cooperation going well, it will have a positive impact on the world of sports and crypto itself, as well as crypto and sports based gambling.