Top golfers have been analyzing the crypto market and how it is growing in popularity. According to reports, the exchange Luno signed a sponsorship contract for the 2022 golf season where they will be able to receive prizes in BTC, the first cryptocurrency in the world.
A new game mode will be implemented during the Sunshine Tour, where the best golfers will participate in payments in crypto. During this golf event, the person who achieves first place can receive his precious prize in BTC.
Luno platform will be the Sunshine Tour of South Africa 2022 promoter
The most famous crypto exchange in South Africa, Luno, will be to sponsor the sports event. Now, the person who earns the BTC prizes will be those who qualify for the Order of Merit.
But not everyone will be a loser, as the Luno exchange will reward all golfers who participate in the tournament with 1,000 rands of BTC. Luno’s goal is to get more users on its platform and persuade golfers to use the app. Marius Reitz, general manager at Luno, said that the exchange wanted to make a difference by awarding cryptocurrencies as prizes in sporting events. A prize in BTC, the first in Africa, places Luno as the first exchange that sponsors a sporting event with an award in cryptocurrencies.
The Sunshine Tour also aims to adjust its classification system. The competition used to reward its contestants with cash prizes. Due to new technologies and the cryptocurrency market, they want to establish their prize on points.
Luno could become the first exchange to sponsor a sporting event
Luno’s point of view is brilliant. The platform wants to be one of the safest and most reliable cryptocurrency platforms. Also, Luno proposes to bring new users to his platform and teach them how to use it.
Luno has been operating since 2013 with a headquarters in London. This platform has been expanding around the world, offering its cryptocurrency services. The exchange has a simple interface whose objective is to buy and sell BTC safely. The platform became famous in 2021 when it signed a contract with Springbok coach Rassie Erasmus.
Reitz is concerned about the few users the platform is receiving. He thinks that the lack of education among users regarding cryptocurrencies is the main reason.
