NFL Team Adopted Litecoin as Official Cryptocurrency
By Jamie Green – Crypto Broker
NFL team the Miami Dolphins just adopted Litecoin (LTC) as their official cryptocurrency, as detailed through CryptoDaily making them the first American football team to do so.
This adoption is a huge step forward for the Litecoin Foundation who announced that: “this unique partnership creates a powerful alignment between Litecoin and one of the world’s most recognizable sports brands in the Miami Dolphins.” Many Litecoin advocates will be happy to hear this news with hopes it will induce more to buy Litecoin.
CryptoBriefing reports this to be a “big deal and a key partnership.” There is a lot of work being done to implement the Litecoin brand with in-game branding and advertising opportunities. This partner will also include the Litecoin branding across many of the team’s online properties and digital content. This collaboration is sure to increase the demand to buy Litecoin with a great amount of publicity.
Thanks to this partnership between Litecoin and the Miami Dolphins, fans of the team can use the digital assets to purchase 50/50 raffle tickets. Both Aliant and Litecoin payments will enable attendees to buy BTC or LTC for tickets with half of the proceeds going to the Dolphins Foundation and charity. Participants of the raffle can also buy tickets with cryptos at stools and kiosks at the Dolphins’ stadium, online and also Hard Rock.
Charlie Lee, the Litecoin creator, believes this partnership will push Litecoin to the front of millions of people around the world, all at a period which endorsement and adoption is increasing. Lee also stated the technology and ecosystem is now able to support real-world use cases. There has been a dramatic increase in options to buy Litecoin and spend it for a product or service.
The Vice President & Chief Information Officer for the Miami Dolphins suggested the team is constantly seeking way to make the fan experience better. The partnership with Litecoin provides this innovative technology to their fans whist potentially accommodating for new or future fans.
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