Everybody is very much aware that the next FIFA world cup will be played in Qatar and a lot of companies are fighting to sponsor the world cup because of the numerous things they intend to gain from the partnership.
It is no longer news that Digital Life Bank (DLB) has reached an agreement with FIFA and Qatar to be part of the sponsors for the upcoming world cup.
In this article, we are going to look at some of the things both parties intend to gain from the partnership.
Before the Qatar government will agree for any company to sponsor them, the company might have presented a good proposal and it is a must in monetary form.
Before we continue, let’s give you a little background about Digital Life Bank.
Digital Life Bank is a financial technology firm that was formed on the idea that fundamental banking services should be beneficial, simple, and free.
The firm wishes to benefit from its members rather than from them. As a result, their business model does not include overdraft fees, monthly service fees, service fees, minimum balance requirements, and other expenses.
With Digital life Bank, you can save personal money, and business money and equally save money as you await your retirement.
Though the company looks new but has been raising the bar for other crypto trading companies in Spain and beyond.
The company also stands to be one of the companies with a bitcoin ATM in which their investors and users will be given an ATM card that they can use to withdraw or change your bitcoin to a fiat of their choice.
It is a big move the company has made to be part of the sponsors of the Qatar FIFA World Cup which will be starting any time soon and the question everyone would be talking about is, what will there gain in sponsoring a big event like World Cup? Secondly, the question will be, do they have the capacity to sponsor the event?
Some so many other sponsors are very big like coca cola, Adidas who have always been in partnership with theorem for over 10 years now.
Some new companies entered the sponsored list, we can see the likes of Wanda Group which is a finance company, and of course DLB.
In a way, I would rather say that what you gain from just sponsoring the event is way higher than the money you paid for you to sponsor.
One of the major benefits of sponsoring the FIFA world cup is the massive advertisement that will be given to you by the football body, your company will be exposed to over 30,000 people watching the watch on the field and of course to over 5 million people who are seated in their houses.
Aside from the above-mentioned advantage, the company will still have other things they will gain which we are going to discuss also.
For you to understand everything we are talking about, you have to read this post till the end.
The company in question is a cryptocurrency investment company which means as an investor you can trade your coins and make profits.
Aside from that, the company is a digital bank that will help you secure your money and give you peace of mind.
Advertising the company and what they do in the stadium is a good way of attracting more customers to the company.
A lot of investors will love to try them out and see how good they are In terms of security.
Bitcoin ATM is one of the best things any country will have and it is widely celebrated in a country like China where the machine is in Hong Kong and a popular Company in Nigeria (Patricia) also has one.
With the company offering their investors card which will allow them to withdraw BTC to fiat without exposing their physical bank details, a lot of people would also want to jump into the company and be part of the community.
In a country like Nigeria where a lot of people are looking for the best way to save money online without the bank deducting their money anyhow, this can be a big solution as people can just register with the company and do all necessary verifications.
With this partnership, a lot of people will be exposed to a lot of getting to see more reasons why they should invest in crypto.
Let’s not forget that crypto has turned out to be a means of payment in most countries of the world and people trying to secure a ticket for the world might not have fiat but can pay through cryptocurrency.
The Qatar Government on the other hand is also gaining from the partnership because they will be money involved in the agreement or partnership.
How many years the contract will last has not been determined but one thing is for sure, we can’t dispute the fact the government is gaining a lot from the partnership and that’s why they accepted it in the first place.
With the partnership, the company was moved to establish a branch in Qatar.
Even though it’s an online bank, a branch where customer service will attend to people’s needs is also important.
When established, they will equally be paying taxes and employing some of the citizens of Qatar.
Is digital banking Free?
Digital banks like DLB are online based and their registrations are always free, so you don’t have to worry about dealing with shady businesses. To avoid theft, each bank account will come with a security PIN that is organized similarly to an ATM PIN.
What will DBL benefit from the Qatar 2022 World Cup?
With the world cup, the company will be given a massive advertisement which will lead to people going to register and trading with them.
Digital Life Bank will help you not only save your money but also help you secure it in the best possible way.
For more information about this topic, you can always reach out to see.