Cryptocurrency is making its way to the NFL. The Litecoin foundation just let the world know that LTC is now the official cryptocurrency of a major market team.
We are excited to announce Litecoin as the Official Cryptocurrency of the Miami Dolphins! 🏈
— Litecoin Foundation (@LTCFoundation) July 11, 2019
Charlie Lee, the founder of Litecoin said he thinks the move will be a major boost for mass adoption.
“This collaboration propels Litecoin in front of an audience of millions of people around the world at a time where adoption of cryptocurrencies continues to gain momentum and the ecosystem is able to support real-world use cases in ways previously not possible. We see this as a powerful way to raise awareness and educate people about Litecoin and cryptocurrencies on a tremendous scale.”
The collaboration with the Litecoin Foundation and Aliant Payments will give football fans the ability to buy 50/50 raffle tickets that benefit the Miami Dolphins Foundation with LTC and BTC.
Litecoin will also have exposure throughout Miami’s Hard Rock Stadium and will be integrated into the Dolphin’s overall online presence.
Cryptocurrency chatter in the football world is not brand new. Some players have become fans of cryptocurrency and are not ashamed to say it. Not long ago it was revealed that as a free agent, quarterback Matt Barkley was trying to negotiate Bitcoin payments into his contract, And pro bowl offensive tackle, Russel Okung has been an open advocate for bitcoin payments for players and the use of cryptocurrency in general.
The professional sports industry seems to be open to the adoption of cryptocurrency. In 2018 we found out that crypto was making its way to the NBA. The Dallas Mavericks announced that they’d accept cryptocurrency for season ticket packages, and we also found out that the Sacramento Kings were mining Ethereum.