Crypto moving into world. Algo sponsor FIFA

[KTChampions]

So this one talks about
World football’s governing body confirms collaboration with green blockchain technology company Algorand
Source

Good thing that they had made out considerations on making out collaboration with some blockchain tech company.
First time on hearing out Algorand but in overall this is a good initiative i would say.

This emphasis on "green blockchain" is troubling to me. Obviously, the Bitcoin blockchain is not considered green, so when I see such news, it seems to me that there is something anti-Bitcoin in them. Plus, I have long been annoyed by the green agenda, which has long moved away from adequate concern for the environment into the field of politics.

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[Lanatsa]

So this one talks about
World football’s governing body confirms collaboration with green blockchain technology company Algorand
Source

Good thing that they had made out considerations on making out collaboration with some blockchain tech company.
First time on hearing out Algorand but in overall this is a good initiative i would say.

This emphasis on "green blockchain" is troubling to me. Obviously, the Bitcoin blockchain is not considered green, so when I see such news, it seems to me that there is something anti-Bitcoin in them. Plus, I have long been annoyed by the green agenda, which has long moved away from adequate concern for the environment into the field of politics.

Seeing the same thing or i do have impressions that it is really indeed against Bitcoin yet green related projects do really always targets out or in opposition on Bitcoins existence which they do always claim that has
some energy consuming issues or something like that which is bullshit.For companies who do make out partnerships then they do always have those criteria on choosing one but it seems this one
isnt really that going in line with bitcoins overall adoption but rather goes to the opposite way or path.

[Wimex]

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.

It is one more example of the great opportunities that await bitcoin, now it is not only accepted by governments but is also being involved in important events, people are slowly realizing the potential and impact it is bringing. the BTC to society.

This collaboration between Algorand and FIFA will provide the opportunity to promote and publicize this cryptocurrency much more, benefiting them greatly.

The publication of the news was issued by the founder of Algorant Silvio Micali and the president of FIFA Gianni Infantino in the city of Los Angeles, where Infantino expressed through the media that:

The collaboration is a clear indication of FIFA's commitment to continually seeking innovative channels for sustainable revenue growth for further reinvestment back into football ensuring transparency to our stakeholders and worldwide football fans – a key element of our vision to make football truly global.

Source: https://www.coindesk.com/business/2022/05/03/algorand-scores-fifa-partnership-algo-prices-surge/

[KTChampions]

This emphasis on "green blockchain" is troubling to me. Obviously, the Bitcoin blockchain is not considered green, so when I see such news, it seems to me that there is something anti-Bitcoin in them. Plus, I have long been annoyed by the green agenda, which has long moved away from adequate concern for the environment into the field of politics.

Seeing the same thing or i do have impressions that it is really indeed against Bitcoin yet green related projects do really always targets out or in opposition on Bitcoins existence which they do always claim that has
some energy consuming issues or something like that which is bullshit.For companies who do make out partnerships then they do always have those criteria on choosing one but it seems this one
isnt really that going in line with bitcoins overall adoption but rather goes to the opposite way or path.

The European Union is already preparing (at least draft laws are being discussed there) to ban cryptocurrencies on the POW blockchain. I have nothing against the POS cryptocurrencies (you can even say that I am a big enthusiast of this direction of development), but it is obvious to me that the ban on "bad" cryptocurrencies will most easily be introduced into public opinion under the pretext that there are "good" ones. In this sense, these "green" cryptocurrencies are harmful to the development of the crypto industry.

[Accardo]

Considering the high rate of fan club tokens getting listed on top cryptocurrency exchanges. Football lovers are adopting cryptocurrency rapidly. And, the Algo sponsoring FIFA is a news the went viral online tempting more people who are not into cryptocurrency to use the Algorand blockchain. It's a win win for the cryptocurrency market, looking at the number of spectators that will watch the world cup.

[Finestream]

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.

Crypto has really become mainstream and with the current partnership of FIFA and ALGO, people's curiosity will always climb into a higher scale which is a very good thing on part of crypto. And obviously, FIFA will make it happen for a bigger and faster adoption of crypto in the market. This is just the start, i guess we will still witness more partnerships in the future that will make people embrace crypto in the future.

[jostorres]

So this one talks about
World football’s governing body confirms collaboration with green blockchain technology company Algorand
Source

Good thing that they had made out considerations on making out collaboration with some blockchain tech company.
First time on hearing out Algorand but in overall this is a good initiative i would say.

This emphasis on "green blockchain" is troubling to me. Obviously, the Bitcoin blockchain is not considered green, so when I see such news, it seems to me that there is something anti-Bitcoin in them. Plus, I have long been annoyed by the green agenda, which has long moved away from adequate concern for the environment into the field of politics.

I think it wasn't about the blockchain but it was how bitcoins are mined, they are using too much energy due to it's difficulty. Blockchain is only the technology behind bitcoin. Not only to you but it's troubling us too, whenever there are talks about bitcoin to become more greener because the first thing that can come to our minds is they will ban bitcoin.

I am not really sure though if they are anti bitcoin or if they are only concerned about our environment because you know our environment right now is heavily damaged. We can't deny that their initiative is right but at the same time we don't want our precious bitcoin to get banned.

[Saisher]

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.

Of course, FIFA is mainstream it will help the cause of the whole industry and community, not just Algo, take a lot at UFC they allow partnership with Crypto.com and because of that the whole UFC community is now aware of Cryptocurrency fighters are receiving their bonus through Cryptocurrency, that's already a big leap and Cryptocurrency is now mainstream because of the sponsorship.

[crzy]

Considering the high rate of fan club tokens getting listed on top cryptocurrency exchanges. Football lovers are adopting cryptocurrency rapidly. And, the Algo sponsoring FIFA is a news the went viral online tempting more people who are not into cryptocurrency to use the Algorand blockchain. It's a win win for the cryptocurrency market, looking at the number of spectators that will watch the world cup.

This is why many are willing to spend more money on sponsorship because they know, it will be a good exposure for them and knowing Binance, I’m sure they still want to be on top and getting into the world cup is a good one for them. Many will surely adopt cryptocurrency especially the bettors who wants to place their bet even if they are not around, because in crypto gambling its possible to happen.

[Cookdata]

this is great news, the FIFA world cup is the biggest football event in the world with billions of spectators waiting for their favorite country to compete, this is the perfect step to encourage mass adoption of crypto, congratulations algorand on your successful collaboration with FIFA.

It is a good sign that Altcoins are beginning to make progress with adoption through sponsorship and partnership but I prefer if it is Bitcoin, If they don't tell through a short description that Algo is an altcoin, many shouldn't know that it is an Altcoin but once they hear bitcoin, it will send the right message to viewers. 
Anything that will foster the use of cryptocurrency is a green light for all, we will be delighted one day if all continue to follow the same steps as Algo, we will go far just like the way Fanntom did with Fomula.

[Scripture]

this is great news, the FIFA world cup is the biggest football event in the world with billions of spectators waiting for their favorite country to compete, this is the perfect step to encourage mass adoption of crypto, congratulations algorand on your successful collaboration with FIFA.

It is a good sign that Altcoins are beginning to make progress with adoption through sponsorship and partnership but I prefer if it is Bitcoin, If they don't tell through a short description that Algo is an altcoin, many shouldn't know that it is an Altcoin but once they hear bitcoin, it will send the right message to viewers. 
Anything that will foster the use of cryptocurrency is a green light for all, we will be delighted one day if all continue to follow the same steps as Algo, we will go far just like the way Fanntom did with Fomula.

This sponsorship will surely bring good impact in cryptomarket, we are all waiting for the mass adoption and yes this could be a good start. I've heard a lot of sponsorship before though there are some news as well that some sports are banned from advertising any crypto related project, well that's a bad side but hopefully many sports will allows cryptocurrency and give a chance to market their platform in the world, this is a big one.

[STT]

A event like FIFA has to find sponsors that wont collide and conflict with each other I suppose, crypto is useful in being quite distinct and a new innovative sector of the economy.   Its good to see crypto develop well established companies that would benefit from long term advertising like this, it suggests long term revenues and hopefully a more secure economy not just the (market) spiking highs and lows we are all familiar with.

[LUCKMCFLY]

this is great news, the FIFA world cup is the biggest football event in the world with billions of spectators waiting for their favorite country to compete, this is the perfect step to encourage mass adoption of crypto, congratulations algorand on your successful collaboration with FIFA.

It is a good sign that Altcoins are beginning to make progress with adoption through sponsorship and partnership but I prefer if it is Bitcoin, If they don't tell through a short description that Algo is an altcoin, many shouldn't know that it is an Altcoin but once they hear bitcoin, it will send the right message to viewers. 
Anything that will foster the use of cryptocurrency is a green light for all, we will be delighted one day if all continue to follow the same steps as Algo, we will go far just like the way Fanntom did with Fomula.

This sponsorship will surely bring good impact in cryptomarket, we are all waiting for the mass adoption and yes this could be a good start. I've heard a lot of sponsorship before though there are some news as well that some sports are banned from advertising any crypto related project, well that's a bad side but hopefully many sports will allows cryptocurrency and give a chance to market their platform in the world, this is a big one.

Well I see this as very positive, especially for altcoins, many are always looking to have BTC and I don't blame them for wanting to have the best currency in the world, however this gives rise to the fact that the coin or token can be successful at least in the established period of the soccer world cup, it will also have exposure and in part it is good for BTC, because those who do not know anything will surely look for the currency that is worth the most and that is where they will run into BTC and that is where most of the adopted it, this is a world event everything can happen there and we can see a lot more demand in the BTC market, I see it from that positive point of view.

[mindrust]

I never cared about ALGO and still don’t know what it is about or what tech they use but if FIFA can endorse it, i guess it is worth taking a look. I’ll still won’t invest in it probably because I am pretty much done with altcoins but who knows if algo survives this bear market maybe i may invest in it.

[Rufsilf]

Moving on forward to a better future is a great idea, and that is how Algo does. Their support and sponsorship in sports give some insights that crypto is reliable and is valued not just for investment alone but for something that was more than that. Both have their benefits, well, of course, FIFA had to carry their support back to Algo as well.

Many businesses platform was been already in blockchain technology and it was great to see that sport is now on the way to adapting to the new technology.

[traderethereum]

I never cared about ALGO and still don’t know what it is about or what tech they use but if FIFA can endorse it, i guess it is worth taking a look. I’ll still won’t invest in it probably because I am pretty much done with altcoins but who knows if algo survives this bear market maybe i may invest in it.

Who knows, it will make the price increase high because by becoming one of the sponsoring partners of FIFA, it will be able to attract investors who want to invest in the ALGO project.
I think the progress of the ALGO project is good for now because it's not going down too deep in this bear market.
I already have some ALGO in my wallet and am waiting for the price to go up again.
Maybe this will be followed by other projects that want to be one of the partners in sponsoring a large project.

[Don Pedro Dinero]

This is normal, cryptocurrencies have become an everyday thing, and not something strange like a few years ago. They also move much more money than a few years ago. Therefore, I see it as normal for companies like this to advertise in football.

There is another thing that I also see as logical: in the same way that football spectators are a good market for bookmakers, they are also a good market for companies that operate with cryptocurrencies, as I believe that the average spectator may be more likely to invest in the fancy cryptocurrency of the moment to see if it makes a splash.

[leea-1334]

I did not even know Binance sponsored Afcon and I actually even watched a few games. All the ads I saw about Afcon on TV I absolutely do not recall Binance ever being mentioned or even seen their logo or I might have remembered.

Algorand sponsoring FIFA? How does that work? And how come I still never see it?

Remember, sponsorship is not endorsement not necessarily,,, simply it is for visibility of the sponsor.

[romero121]

Initially Crypto.com got to be the sponsor of FIFA and later Byju's educational application got the deal for a whooping $40million. By that time itself it is announced that Algorand is the green partner for FIFA World Cup 2022. Also it is mentioned as the blockchain partner and this helping the FIFA to develop its digital assets strategy for Web 3.0 makes way for the growth of altcoins. More firms have begun to sponsor different events and this is the first time ab altcoin is directly getting into sponsoring/partnering an event.

[Hydrogen]

I think this is a brilliant move on algorands part. Regulation could be coming down on crypto markets. The more entrenched and established crypto can become before that time, the more difficult it could be for it to be influenced. It also fosters mass adoption and helps the general public to become more crypto literate. We've seen similar moves with crypto.com entering the worlds of MMA, professional surfing and european football. Marshall Rogan Inu made a big hit in the UFC recently with some going to far as to say it was one of the biggest unifying factors they've ever seen in combat sports.

We've also seen many professional athletes embrace crypto. NFL players and MMA fighters whose salaries are paid in bitcoin. Former boxers like Mike Tyson owned bitcoin ATMs and Floyd Mayweather was invovled in ICOs.

Hollywood, entertainment and movies could be another area for crypto to explore given artists like 50 cent who have ventured into crypto investment.