Binance Becomes Official Sponsor to AFCON 2021-2022

Binance becomes part of the ongoing AFCON tournament, strengthening the relationship between cryptocurrency and sports in Africa.

Utulu Hope
January 12, 2022
Blockchain News

Binance Becomes AFCON 2021 Official Sponsor 

Cryptocurrency and sports have combined once again. This time, Binance has signed a partnership agreement with the Confederation of African Football (CAF) to become the official partner of the ongoing African Cup Of Nations (AFCON) tournament in Cameroon. 

The agreement will make Binance the official cryptocurrency and blockchain platform of the biggest tournament in Africa. The world’s leading blockchain ecosystem and digital asset exchange announced the partnership deal via its official Blog on January 11. 

“We are thrilled to announce Binance as an official sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournaments, taking place from January 9 till February 6, 2022, in Cameroon,” Binance Blog published. 

Speaking of the partnership, CAF’s general secretary, Veron Mosengo-Omba, expressed delight, adding that the cooperation will expand the protocol’s reach across football fans in Africa. In essence, Binance will engage the African community through football. 

“I am delighted to welcome Binance as an official sponsor of the AFCON tournament this year,” said Veron Mosengo-Omba. “Through this partnership with CAF, Binance will connect further with its users and the African community through football.” 

The move will also see Binance become the official partner of the Assist of the day, Binance Assist of the week, Binance Assist if the tournament, which will be promoted on all of CAF’s social media channels and across the five different venues in the host nation, Cameroon. 

The Future of Cryptocurrency? 

The recent sponsorship deal is another example of the growing relationship between sports and cryptocurrencies, particularly in Africa. BSC News earlier reported RealFevr’s association with the AFCON 2021 tournament to bring Special Fantasy Football on blockchain for users. 

According to the report, users stand a chance to win $FEVR rewards from participating in the AFCON Fantasy League powered by RealFevr. All these show that Africa holds a solid foundation for blockchain development in the future. Binance CMO, Yi-Hi, was also optimistic about the role of the African continent in blockchain development. 

“With a population of 1.2 billion Africans and the prevalence of blockchain technology and its use cases, we believe the African continent could lead the future of blockchain industry,” Yi-Hi asserted. 

A reminder that the AFCON tournament is ongoing and will run till February 6th. Remember, you can earn from the tournament by playing the RealFevr-powered Fantasy Football league. Read our write-up to learn more. 

Utulu Hope

UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer. He hodls mostly in Ethereum, BNB, and, Avax.

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