In the golf championship called Sunshine Tour held in Africa, the champion golfer will receive $31,000 in Bitcoin.
Professional golf tournament Sunshine Tour has partnered with Luno to offer cryptocurrency prizes. Golfers will be able to receive prizes in Bitcoin as well as fiat money prizes.
The golfer, who came first in the tournament held in many African countries such as Botswana, Kenya, Mauritius, Tanzania and South Africa, will receive $31,000 in Bitcoin, while the second and third will receive $12,000 and $6,000 in Bitcoin, respectively.
Marius Reitz, managing director of cryptocurrency exchange Luno, said the company's aim is to empower people to access "a new financial system fit for the digital age."
“Their careers are constantly evolving, and this aligns perfectly with our vision of putting the power of crypto in everyone's hands by making it safe and easy to buy, store and learn about crypto.”
The relationship between sports and cryptocurrencies continues to increase. In 2021, India-based crypto platform Bitbns promised to give $2,700 in digital assets to every Indian athlete who won the Tokyo Olympics.
The Ultimate Fighting Championship (UFC) was among the sports organizations that announced that the athletes would be awarded with digital assets.