April 24, 2024

The first NBA club started selling tickets for matches for Dogecoin

The owner of the Dallas Mavericks basketball team, Mark Cuban, explained that the decision was made for PR andhope to increase fan engagement.

National Basketball Association (NBA) ClubThe Dallas Mavericks began selling tickets for Dogecoin matches. The BitPay payment service will be used to process transactions. Since 2019, the team has been accepting bitcoins for payment with its help. The company added support for altcoin only on March 4, and the Dallas Mavericks became the first customer to use the service, writes The New York Times.

Team owner Mark Cuban explained the decisionwith the words “because we can.” The billionaire explained that adding the ability to buy tickets to basketball games with Dogecoin is fun, increases engagement and can generate great PR.

One of the most important supporters of Dogecoinis the head of Tesla and SpaceX Elon Musk. In February, he announced that he bought Dogecoin for his son, after which he called the project's only real problem with the high concentration of coins at several addresses and promised to pay large asset holders if they empty their accounts.

Cuban had previously stated that gold would neverwill change, so it dies as a store of value. At the same time, cryptocurrencies continue to develop, new applications appear that are getting better, faster and cheaper, the billionaire is sure.

</p></p>