0xcocobet announced its plans to accept wagers for the upcoming UFC 292 event. But the real kicker is they’re distributing 100% of their revenue from bets placed using $COCO back to its token holders, confirming the crypto casino to be an innovator when it comes to marketing strategies.
A Weekend Packed with High-Octane Bouts
This weekend’s UFC card boasts a staggering seven matchups. Spotlight fights include Sean O’Malley taking on Aljamain Sterling, Amanda Lemos versus Weili Zhang, and the clash between Pedro Munhoz and Marlon Vera. Other notable bouts include Denis Tiuliulin squaring off against Gregory Rodrigues, Neil Magny facing Ian Machado Garry, DaMon Blackshear challenging Mario Bautista, and Chris Weidmann looking to best Brad Tavares.
gm anon do you like to bet on sports?
— Patrick (@PonziTraderx) August 16, 2023
use $COCO to bet on the big fight this weekend
100% of Coco Sports revenue will be distributed to holders pic.twitter.com/0Ut0inFmWg
Implications for the Crypto Casino Industry
- Revenue Model Revolution: 0xcocobet decision to redistribute all $COCO revenue to holders could ignite a trend. If successful, other platforms might adopt similar models to lure and retain a committed user base.
- Blurring the Lines Between Betting and Pop Culture: By offering odds on events outside of traditional sports, betting platforms can tap into broader audiences and interject fun, drawing more casual bettors into the fold.
- Crypto’s Deepening Role: With notable figures like Musk discussing the future of cryptocurrencies, their intertwining with the betting world seems inevitable. Platforms that can seamlessly integrate cryptocurrency usage might find themselves with a competitive edge.
The online betting arena is ever-evolving, and with innovators like 0xcocobet at the forefront, the future looks both exciting and unpredictable.
