Home Litecoin Miami Dolphins Score Litecoin to Spike Ballin’ Crypto Payments

Miami Dolphins Score Litecoin to Spike Ballin’ Crypto Payments

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Litecoin may assist enhance cryptocurrency to a good broader viewers. On Friday, the muse behind the world’s fourth-largest cryptocurrency introduced a partnership with the Miami Dolphins.

The deal makes Litecoin the official cryptocurrency of the American soccer workforce and allows cryptocurrency funds for choose merchandise.

Charlie Lee, Litecoin’s creator and the managing director of the Litecoin Foundation, was positive about the announcement:

We’re thrilled to see Litecoin turn into the official cryptocurrency of the Miami Dolphins. This collaboration propels Litecoin in entrance of an viewers of thousands and thousands of individuals world wide at a time the place adoption of cryptocurrencies continues to achieve momentum and the ecosystem is in a position to assist actual world use instances in methods beforehand not attainable. We see this as a strong method to increase consciousness and educate folks about Litecoin and cryptocurrencies on an amazing scale.

Litecoin Reaches Sports Fans

The deal signifies that Litecoin will take pleasure in in-game promoting via the workforce’s Hard Rock Stadium, in addition to via its on-line areas. This partnership will launch for the 2019 NFL season.

Litecoin shall be featured prominently throughout the workforce’s house stadium and on-line platforms. | Source: Shutterstock

It additionally signifies that customers shall be in a position to pay with each Litecoin and Bitcoin for the 50/50 raffle. Home recreation attendees shall be in a position to buy tickets for the raffle utilizing both cryptocurrency each on-line and within the stadium, with assist from Aliant Payments. Attendees should buy tickets till there are 12 minutes left on the clock within the fourth quarter, with tickets beginning at 5 for $10. Half the proceeds will go to the workforce’s basis and associated charitable causes.

Unfortunately, there isn’t a phrase on some other possibilities to pay with crypto at this stage, however it’s attainable {that a} constructive reception will encourage additional makes use of.

Litecoin Payments Hit the Mainstream

The cryptocurrency has seen a surge over this yr. Litecoin’s price elevated almost fivefold since December 2018. It’s presently resting at $105.21. Lee claims that Litecoin is the silver to Bitcoin’s gold, and a rise in adoption could have fueled confidence within the cryptocurrency.

In February, Lee introduced that Bob Moore Auto Group would settle for the cryptocurrency at their dealerships. The group would use Aliant Payments, the identical agency utilized by the Miami Dolphins.

Part of this elevated adoption could also be due to low transaction charges. An article last year confirmed how one holder despatched $99 million in Litecoin for simply 40 cents.

With the latest announcement of the Litecoin debit card, the payment-focused cryptocurrency may see much more adoption.

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