Bitcoin to be Awarded for Golf Tournament

The top golfer of the Golf Championship Sunshine Tour will receive Bitcoin worth $31,000 as the prize. Sunshine Tour is a professional golf tournament in Eastern and Southern Africa. It recently partnered with Luno to bring cryptocurrencies closer to the participants so it decided to award Bitcoin to the top golfers along with fiat currency.

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The Sunshine Tour is one such example of an event that primary cryptocurrency is making its way in the sports industry. This tournament is based in different African countries such as Mauritius, Botswana,Kenya, and Tanzania.

The golfer who finishes first will get a prize of $31,000 worth of Bitcoin from South Africa. The second position holder will get around $12,000 in Bitcoin and the third one will get $6,000 worth of assets.

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The winners will get their bitcoin award transferred to their Luno accounts. The General Manager of the exchange, Marius Reitz said that it is his company’s goal to bring the people closer to a new financial system and enable them to use it as it is suited to this digital age.

He also added that this will be an opportunity for the players who think differently about risk and reward both on and off the golf course.

Anupama Das

An active reader and follower of news. A budding journalist tries to spread authentic news to people.

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