MIBR, a Brazilian esports club, also known as Made in Brazil has signed a three-year cooperation and sponsorship contract with crypto exchange Bybit. Through sponsorship, the two firms seek to create consumer events and promotions throughout the world which will redefine finance and sports. Since entering the Brazilian market, this is Bybit’s first sponsorship deal.
In order to strengthen the overlap between the esports and crypto communities, the Brazilian esports team MIBR and Bybit plan to manage crypto and financial education material throughout the e-sport club’s platforms. Diversifying and investing in digital currencies will also be made easier with the financial education materials.
MIBR’s CEO, Roberta Coelho, remarked on the partnership:
“Together we (MIBR and Bybit) are going to place MIBR in Web 3.0, understand the interests of our fans in the digital assets universe, and deliver the utmost experience. As per Bybit’s slogan, we will lead MIBR to the next level”.
Bybit collaborates with esports teams
According to Esports News UK, the esports sector is expected to be worth $1 billion in the next six years, with some predicting that it could reach $6 billion. Bybit isn’t new to the world of esports. In 2021, the firm started working with esports teams. Bybit isn’t new to the world of esports. In 2021, the firm started working with esports teams. According to sources, Bybit established a three-year partnership with Astralis, an esports organisation, in August of last year.
According to the official statement, the Bybit’s logo will be shown on the front of Astralis’ counter-strike shirt as well as on twitch.tv and other social media channels. According to the study, the goal of this partnership is to enhance relationships among the fastest-growing shared demographic groupings.
Bybit also works with Oracle Red Bull Racing of Formula One, Borussia Dortmund of the German Bundesliga, and Avispa Fukuoka of the Japanese J League.
