May 25, 2022

Sunshine Tour Golf Players to Receive Bitcoin Prizes

The best African and European golfers will receive bitcoin (BTC) rewards at the end of the 2022 season. The team itself of the popular golf event in South Africa and on the continent entered into a sponsorship agreement with the Luno cryptocurrency platform.

Cryptoplatform, which has already become noticeablea player in the African market, established a prize for the winner of the season in the amount of 500,000 rand in bitcoins (BTC), in dollars this amount is $31355. Silver and bronze medalists will receive awards of R200,000 and R300,000 respectively.

In fact, each participant of the Sunshine Tour will receivefor the use of blockchain technology, a small reward of 1000 rand, which is approximately $ 62.5. Funds will be stored in the Luno app.

Crypto application Luno has already turned on itselfAttention of sports fans, because in 2021 the company released a promotional video with the coach of the South African national rugby team Rassi Erasmus and the world rugby champions. The famous coach videos on the Luno learning portal helped people learn how to buy and use BTC.

Interpenetration of cryptocurrencies and sportsdeepens every day, and the use of BTC is practiced in many major European football leagues, popular UFC tournaments and especially in the NBA. For example, in early 2022, the legendary Staples Center stadium in Los Angeles was renamed the Arena.

“Golfers think differently, look differentlyfor risk and reward - with each blow they have to take a calculated risk. The same is true with cryptocurrencies, ”said Marius Reitz, CEO of Luno Africa.