Crypto moving into world. Algo sponsor FIFA

[Joca97]

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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Cryptocurrency is already heavily in football even before AFCON. A lot of coins are now getting attention when they are the sponsors of a club and i wouldnt be surprised if there is a lot more thats why im not surprised that Algo sponsors FIFA so this is currently normal

[coolcoinz]

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.

How can an altcoin advertising it self by on football stadiums be positive news for Bitcoin?
I'd really like this to change something in the crypto world, but in the recent months altcoins were more of a negative influence on bitcoin than the other way round. A good example is Luna that bought 1 billion in bitcoin and it barely moved the price, but when it dumped all of it on centralized exchanges it crashed us to where we're now.

Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.

[jostorres]

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.

You can say that because you are new to it but you can do a research to find out more about this coin and if what is it all about. We should care about it because algo doesn't only represent itself but it also represents the whole crypto to the whole world. This is not an ordinary project but they are using a different kind of technology for them to get noticed by the fifa and also this project has a lot of budget.

It's definitely worth taking a look if you haven't yet. Not all altcoins are the same so you can give this one a chance. With the fifa beside them, algo can easily survive the bear because they can always get a demand. Don't wait for too long.

[STT]

Dont think I'd call it positive unless the crypto company requires the advertising to gain customers then its justified.  If they spend without getting enough back then its a bit of a waste so Im not sure they will especially.   A company has to establish itself in many ways to go ahead and address the mainstream public, its wasted if you are just a specialist company and people see no reference to what they already know.   Hope its works for them but also I wonder if its a bit of a waste when the net itself has more relevant potential customers.

[Sirait]

~
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.

Football is the sport that has the most fanatical fans in the world, especially the FIFA world cup which is the world's biggest football event

Binance, ALGO and Crypto.com are crypto platforms that have sponsored major sporting events, a lot of the world's eyes will be watching and for sure we will see considerable adoption of crypto take place

[coin-investor]

Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.

But that's the reality of Cryptocurrency now, new altcoins coming in claiming to be the next big thing, they tried to manipulate the market by making huge advertisements like this and trying to pump their own token, the structure of the market, and the technology is very different from when it was just starting out when all focus is on Bitcoin.
Investors just want to make a profit and if they see coins like Luna creating a huge hype, they will go for it, even if the mechanism is not perfect just like Bitcoin.

[Slow death]

I repeat this again: they are talking about blockchain acceptance, they are not talking about accepting that this altcoin is used as a payment method, they are very different things, that is, this news will not have any impact on the price of this altcoin, of course it can have pump and dump, but it won't have a solid impact on the price in the long run because no one will be buying it to use in fifa. another point is that this news does not benefit bitcoin, unless of course it was something that said that fifa is accepting bitcoin as a payment method, in this scenario we would see an increase in the price of bitcoin but we would also have to analyze how many people would be using bitcoin in fifa and why would they use it?

Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.

But that's the reality of Cryptocurrency now, new altcoins coming in claiming to be the next big thing, they tried to manipulate the market by making huge advertisements like this and trying to pump their own token, the structure of the market, and the technology is very different from when it was just starting out when all focus is on Bitcoin.
Investors just want to make a profit and if they see coins like Luna creating a huge hype, they will go for it, even if the mechanism is not perfect just like Bitcoin.

in the last month altcoins have become shit after the fight case i am terrified of using altcoins as a long term investment, i only use it to transfer money quickly or place sports bets but i use it with great caution

[_act_]

Dont think I'd call it positive unless the crypto company requires the advertising to gain customers then its justified.  If they spend without getting enough back then its a bit of a waste so Im not sure they will especially. 

A company sponsor in a way to grow and develop, by so doing, more people will know more about the company. If Algo is sponsoring FiFA, definitely there will be ads also that would be advertised about the company, I do not see this as a waste of time at all but just a means people to know about Algo, but by so doing, people are also knowing about cryptocurrencies. I do not know the contract between FiFA and Algo yet, but it will most likely be the way I said it.

[Poker Player]

I repeat this again: they are talking about blockchain acceptance, they are not talking about accepting that this altcoin is used as a payment method, they are very different things, that is, this news will not have any impact on the price of this altcoin, of course it can have pump and dump, but it won't have a solid impact on the price in the long run because no one will be buying it to use in fifa. another point is that this news does not benefit bitcoin, unless of course it was something that said that fifa is accepting bitcoin as a payment method, in this scenario we would see an increase in the price of bitcoin but we would also have to analyze how many people would be using bitcoin in fifa and why would they use it?

Thank you for the clarification. I also think that even if they implemented the option to pay in Bitcoin, people would not pay massively that way, in the same way that people do not pay in general on sites where you can pay with Bitcoin. Although, well, I think sponsorship is positive. We see more and more advertisements of cryptocurrency companies on the street, on TV, when watching soccer. We are no longer a bunch of weirdos like we were a few years ago. Cryptocurrencies are becoming part of our daily life in society.

[iv4n]

I repeat this again: they are talking about blockchain acceptance, they are not talking about accepting that this altcoin is used as a payment method, they are very different things, that is, this news will not have any impact on the price of this altcoin, of course it can have pump and dump, but it won't have a solid impact on the price in the long run because no one will be buying it to use in fifa. another point is that this news does not benefit bitcoin, unless of course it was something that said that fifa is accepting bitcoin as a payment method, in this scenario we would see an increase in the price of bitcoin but we would also have to analyze how many people would be using bitcoin in fifa and why would they use it?

Thank you for the clarification. I also think that even if they implemented the option to pay in Bitcoin, people would not pay massively that way, in the same way that people do not pay in general on sites where you can pay with Bitcoin. Although, well, I think sponsorship is positive. We see more and more advertisements of cryptocurrency companies on the street, on TV, when watching soccer. We are no longer a bunch of weirdos like we were a few years ago. Cryptocurrencies are becoming part of our daily life in society.

Well, I think you hit the point with "We are no longer a bunch of weirdos like we were a few years ago"! We had many similar sponsorships in the last few years (crypto services and currencies moving into sports), and I always thought it was a good marketing move! It's a question of how many people will use it, I think it's more about gaining visibility!

People always think that this news will/can affect the price, but that rarely happens! For me it's more important part is "getting out from the dark" than the short-term price rise... We are not a bunch of weirdos anymore, that sounds great and so true! More and more people talk about crypto, even the ones that were so skeptical about it!

[livingfree]

Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.

But that's the reality of Cryptocurrency now, new altcoins coming in claiming to be the next big thing, they tried to manipulate the market by making huge advertisements like this and trying to pump their own token, the structure of the market, and the technology is very different from when it was just starting out when all focus is on Bitcoin.
Investors just want to make a profit and if they see coins like Luna creating a huge hype, they will go for it, even if the mechanism is not perfect just like Bitcoin.

They can tell unlimitedly but it will never be par with bitcoin. There's no need for bitcoin to be advertised by anyone even someone who just want to have its exposure extended. It's already enough to see that it's progressing.

And that's why if there are exchanges advertising their services to any huge sporting events, bitcoin is already attached on it because whenever someone tells or hears about crypto, bitcoin is what they're hearing at all.

[Smartprofit]

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.

Football is the most popular sport.  He has a huge number of fans.  

Therefore, the cooperation of crypto projects and football clubs is an excellent advertisement for the crypto industry.  Yes, Algorand is not Bitcoin.  Many people do not like that in addition to Bitcoin, alternative cryptocurrencies are currently being actively developed.  

Alternative cryptocurrencies have been repeatedly criticized for their lack of decentralization.

And to a large extent this is true.  

However, it should be borne in mind that Bitcoin and alternative cryptocurrencies are one single financial ecosystem - web 3.0.  

Therefore, the cooperation between the Algorand cryptocurrency project and FIFA is positive news (for the entire crypto industry and online casinos accepting deposits in cryptocurrency).

[Oshosondy]

They can tell unlimitedly but it will never be par with bitcoin. There's no need for bitcoin to be advertised by anyone even someone who just want to have its exposure extended. It's already enough to see that it's progressing.

Bitcoin remain the most decentralized of all the assets while others have a bit of centralization, bitcoin remain the one with the strongest marketcap which people will want to follow, bitcoin is the first ever crypto and bring about blockchain, bitcoin is even adopted as a legal tender in two countries now which are El Salvador and CAR, also in an Island in Honduras. Bitcoin truly do not need advertising but the more crypto is advertised, the more people will know about bitcoin.

[Viscore]

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.

True. This partnership will pave its way to create a lot of advantages in the future, not only crypto will attract a lot of players and users, but it will also encourage a lot of businesses to accept and use crypto as a payment since its the trend not only in sports but certainly in other genres wherein crypto will be directly involved. If this partnership will turn out to be very successful, then expect that there will be more partnerships to happen for this blockchain network with other worldwide events.

[robelneo]

 Hope its works for them but also I wonder if its a bit of a waste when the net itself has more relevant potential customers.

Everybody here on this planet is online even for a short period of time, the advertisement is a way to get a recall, if we kept seeing ads even if it has nothing to do with what we are doing online, we will have a recall on this, if a friend asks for something to similar that we are always seeing.
Even if you're not eating at Mcdonald you're likely to recommend it when ask about hamburger

[virasisog]

 Hope its works for them but also I wonder if it's a bit of a waste when the net itself has more relevant potential customers.

Everybody here on this planet is online even for a short period, the advertisement is a way to get a recall, if we kept seeing ads even if it has nothing to do with what we are doing online, we will have a recall on this, if a friend asks for something to similar that we are always seeing.
Even if you're not eating at Mcdonald you're likely to recommend it when ask about hamburger

Any kind of advertisement about crypto will surely work. It might not hit everyone but will still hit a few targets, especially those who don't have an idea about it yet. The exposure would make them ask things about crypto and it will surely affect the market. Partnerships like this might seem a small thing for some of us and might look unnoticeable but it has a great impact on the crypto industry.

[LUCKMCFLY]

 Hope its works for them but also I wonder if it's a bit of a waste when the net itself has more relevant potential customers.

Everybody here on this planet is online even for a short period, the advertisement is a way to get a recall, if we kept seeing ads even if it has nothing to do with what we are doing online, we will have a recall on this, if a friend asks for something to similar that we are always seeing.
Even if you're not eating at Mcdonald you're likely to recommend it when ask about hamburger

Any kind of advertisement about crypto will surely work. It might not hit everyone but will still hit a few targets, especially those who don't have an idea about it yet. The exposure would make them ask things about crypto and it will surely affect the market. Partnerships like this might seem a small thing for some of us and might look unnoticeable but it has a great impact on the crypto industry.

Well this is a good time to take advantage of everything related to crypto, if crypto.com is coming to the world now why not do something similar, I know that the exposure of the crypto market will bring new investors, those who want to invest will have better benefits in BTC, because for me in November the BTC will rise in price, possibly all the altcoins will also rise, so we can affirm that if a great market demand is generated we can have a good price not only in BTC but in some cryptocurrencies, it is for such reason that sometimes there are sponsorships, that is undoubtedly beneficial for the market.

[MonsterV]

We see worldwide that crypto is increasingly making its appearance in the sports world and all associated facets. And at football clubs you increasingly see connections and sponsors with crypto companies. Give them a go. As long as it's all legal and generates a lot of money, I can't blame them. After all, a lot of money is involved these days, that's for sure. UEFA and FIFA will also be interested. It is only a matter of time before that cooperation will come about.

[Ratash]

Yeah many crypto projects decided to get involved with some big institution crypto.com is another example its now the sponsor of the ufc you can see their logo on their tshirts but i think these sponsorships are only partly beneficial to those specific crypto projects and even so i don't see the big impact it is supposed to bring to the crypto world i think the thing crypto need is to be  used as a world wide currency otherwise we will not see the full potential of crypto.

[Rengga Jati]

Isn't this good for the development of the crypto industry? And also of course the recognition of blockchain technology and the crypto industry will continue to grow. Although of course there are still many parties who will always thwart crypto to continue to grow, but in reality this is unstoppable. The world began to change. FIFA is a big institution and this will give a big influence to further introduce and develop crypto.