The first cryptocurrency prize at a sporting event will be awarded in golf. On December 17, in Las Vegas, the Crypto.com Showdown will be held, a tournament that will pit Rory McIlroy and Scottie Scheffler, from the PGA Tour, and Bryson DeChambeau and Brooks Koepka, from LIV Golf.
“The Showdown has been an innovative bet from the beginning and our commitment is to offer the best possible entertainment to fans by uniting our sport. It is beyond exciting to have Crypto.com now on board to offer a true first with a cash prize based in cryptocurrencies,” said Bryson DeChambeau.
The tournament will be played over 18 holes at the Shadow Creek Golf Club in Las Vegas under the format of match play and not stroke play. The event is organized by BZ Entertainment and EverWonder Studio who were seeking sponsorship of between 8 and 10 million dollars. It has arrived from the hand of Crypto.com. Before their entry, it was already speculated that each of the four golfers was going to receive a minimum of 4 million for playing.
We are creating a new chapter for both sports and cryptocurrencies
Kris Marzalek, CEO of Crypto.com
“The spirit of the Showdown has always been to unify and innovate the game by bringing together the best to deliver real prizes to players and excitement to fans around the world. With Crypto.com as our title sponsor and a multi-million dollar cash prize in cryptocurrency “This is a transformative moment for golf and a possible model for the future of professional sports,” said Bryan Zuriff, director of BZ Entertainment and Ian Orefice, director of EverWonder Studio.
“Our mission is to accelerate the world’s transition to cryptocurrencies. With Crypto.com Showdown we are not just sponsoring an event, we are creating a new chapter for both sports and cryptocurrencies,” says Kris Marzalek, CEO of Crypto.com.
