UFC is blowing up right now. Some even think it might surpass the NFL someday in popularity. If it’s really going to do this, then it needs to combine the popularity of this sport with a groundbreaking new technology. This will bring everything to the next level. Hence, will see a big star like Conor McGregor embrace the controversial, but buzzworthy world of cryptocurrency? It would certainly shake things up.
DID UFC AND CONOR MCGREGOR KILL BOXING; WILL CRYPTOCURRENCY HELP?
UFC didn’t kill boxing. Boxing killed boxing. Sure, that legendary fight between Conor McGregor and Floyd Mayweather certainly helped return some of the old glory but it was only temporary. After that, everything went back to business as usual. But now, Dana White, head of the popular MMA league says he has his sites on the next big thing. Beating boxing wasn’t enough. Now, he thinks MMA will soon take over the $14 billion per year industry of the NFL. Will he use cryptocurrency to help?
CORD CUTTING THREATENS UFC AND CONOR MCGREGOR; CRYPTOCURRENCY TO SAVE THE DAY
Cord-cutting is affecting everyone. Not just the UFC. In 2017, nearly 56.6 million US consumers went without T.V. The internet is taking over entertainment and traditional T.V. networks are losing money by the boatload. Hence, people like Conor McGregor and the UFC have to get a little more creative about where they get their money from. Maybe cryptocurrency is the answer they’re looking for.
UFC AND CONOR MCGREGOR WILL SELLS THEMSELVES WITH CRYPTOCURRENCY
Imagine if every MMA fighter had their very own crypto token. Fans could buy the individual token of these fighters and buy, sell or trade them for value. It would add a whole new element to the sport and each athlete could have more control over their value. Hence the better they perform, the more valuable their coin is. This is not a new concept. We’re already seeing it on blockchain crowdfunding platforms like YouToken. But just imagine what this could do for the entertainment industry? It’s falling apart at a rapid rate right now. Therefore, if it wants to stay relevant, it needs to embrace new technologies like this one.