This weekend, for one of the first times in history, the prize money of top-ranked professional athletes was paid out in cryptocurrency. At the October 6th Major League Triathlon event in Charlotte, sponsored by Bitcoin.com, the top five overall male and female splits in the mixed-team relay event received their prize payouts at the podium entirely in Bitcoin Cash (BCH).
The first-place winners at Saturday’s event were the Carolina Gliders, comprised of Chelsea Burns, Lindsey Jerdonek, Tamara Gorman, Kevin McDowell, Ben Kanute, Tommy Zaferes, and Tony Smoragiewicz. The Arizona Kingsnakes took second place, while the San Diego Stingrays crossed the finish line third.
“Paid their winnings in BCH in real time, the MLT athletes received their prizes this weekend virtually immediately–right at the podium,” says Gergo Szoke, Marketing Manager at Bitcoin.com. “At Bitcoin.com, we see BCH as the future of money and MLT as the future of sports and triathlon, which makes for a dynamic collaboration between our brands. The October 6th event in Charlotte was a great chance to showcase the convenience and ease of transactions with Bitcoin Cash.”
Like Bitcoin Cash, a practical answer to the complex problem of centralized money, Major League Triathlon aims for accessibility and mainstream appeal. Major League Triathlon events are spectator-friendly and inclusive.
In MLT mixed-team relays, co-ed teams of four professional athletes–each team representing a city–complete a 300-meter swim and a four-mile looped biking course, followed by a one-mile run. The events are only about 70 minutes long, making for a friendly, competitive, and highly watchable experience. And the athletes involved represent the cream of the crop: 100% of MLT athletes are ranked within the top 100 triathletes in the world, and 98% of them are current Olympic contenders.
Bitcoin.com and MLT are natural partners, with CEOs Roger Ver and David Cassidy equally committed to their respective visions for the future. As peer-to-peer electronic cash, bitcoin is permissionless, decentralized, and practical, putting monetary power back into the hands of the individual. Major League Triathlon, meanwhile, removes the usual barriers of entry into endurance sports, making them less expensive for athletes and a lot more thrilling to watch for spectators.
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