By Kimberly Crain
The US fast-growing decentralized finance (DeFi) platform DeFiChain has announced plans to support Germany’s upcoming event, the 2023 National Fighting Championship (NFC). The DeFiChain community agreed to support the Mixed Martial Act (MMA) league starting March 25 in Dortmund, Germany.
The mega event ranks among the most-watched sporting activities in the world, with over 10 million viewers. A statement from the MMA group revealed that the team plans to host six mega-fighting tournaments at different stadiums in Germany.
Also, the MMA team plans to engage the local news sites in Germany to broadcast the live event. The DeFiChain community has pledged to sponsor the five events expected to commence from March to early December.
DeFiChain’s Contribution to Sports
A report from the head of the NFC of the organizing committee, Michael Ortlepp, confirmed that the event will host 2500 to 6000 MMA fans. In his statement, Ortlepp was delighted to announce the partnership with DeFiChain, which will support the German’s MMA league to attain new levels.
He confirmed the DeFiChain team plans to invest their human and financial resources to support the long-awaited event. Over the past, DefiChain has always been leveraging its financial position to support the growth of the vibrant sports industry.
The quest to attain the company’s core value inspires DeFiChain to engage in various sports, including basketball, drone racing and wrestling events. Based on the DeFiChain strategic plans, the firm plans to increase its brand value by becoming the business enabler in sports.
Also read:This significant move will enable the DeFi company to reach a large audience and support the crypto industry’s growth.
How will NFC Support the Fighters?
In the meantime, the DeFiChain team has contributed € 10000 towards the NFC project. A statement from NFC project management team lead Benedikt Keck revealed that the € 10000 would be redirected towards supporting the key players at the “Fighter of the Night Bonus” event.
Keck has urged the community to offer robust participation at the upcoming “Fighter of the Night Bonus” event. According to the partnership agreement, the NFC team plans to pay the fighters through the DeFiChain native token (DFI).
The team agreed to make payments using the cryptocurrency to encourage the fighters to invest in the DeFiChain assets, including the dStock investment that offers the user a substantial return on investment. At the mega tournament, the NFC team plans to reward the audience with 1000 DFI under certain conditions.
The team will randomly select one participant at the event who will be interviewed on matters concerning the crypto world. After the interviews, the NFC team will award the attendee who demonstrates to be a crypto-native and utilizes the DeFiChain digital wallet to execute business transactions.
Nonetheless, the DeFiChain team pledges to continue supporting the sports industry by investing in improving blockchain technology. The attempt to improve DeFi space necessitated DeFiChain to launch its mainnet in 2020.
After the launch, the DeFi platform has gained enormous support from the crypto community, impacting the development of innovative decentralized assets.At the time of writing 9.15 UTC, DeFiChain digital asset DFI is exchanging hands at $0.5037, a 2.99% drop in a day as per data from the Coinmarketcap.
Reportedly, DFI tested a low of $0.5023 before it rallied to reach its high of $0.5198 in the last 24 hrs.
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