The Brazilian esports organization MIBR has announced a partnership agreement with the Bybit cryptocurrency exchange. As part of a three-year deal, the company will become a sponsor of the Brazilian club.
The parties plan to develop content related to the cryptocurrency universe, as well as improve the financial literacy of their fans through the digital channels of the organization. The sponsorship is expected to present financial education opportunities for gamers looking to diversify their assets and invest in digital currencies, as well as ensure fan engagement.
We are looking forward to working with MIBR, which will be the start of Bybit's presence in Brazil. We share the sporting spirit and desire to be the best in the game. As a platform for digital assets, Bybit maintains a high investment to ensure the safety and security of our users.
As part of the partnership, MIBR players will take part in an event called the World Series of Trading (WSOT) 2022. Each team belonging to the Bybit family will submit their best players to an investment competition to win an $8 million prize as well as fan tokens.
Bybit was founded in March 2018. The platform is already actively involved in classical sports and social responsibility sustainability programs. The company already cooperates with the Borussia Dortmund football club, and also takes part in UNICEF social initiatives. In addition, the exchange cooperates with some well-known esports clubs, including NAVI and Astralis.