Dallas Mavericks Is The Second NBA Team To Accept Bitcoin

The latest cryptocurrency news take us in the most popular basketball league in the world – the NBA – and the team of Dallas Mavericks which is the second to accept Bitcoin (BTC) as means of payment for match tickets and merchandise.

As a tweet from the cryptocurrency payment processor BitPay confirmed, the Mavs are finally accepting BTC payments for tickets and memorabilia items. This confirms that cryptocurrency adoption has been on the horizon for the team since early last year. This has a lot to do with the fact that the owner of this team is Mark Cuban, a famous investor and a recent Bitcoin advocate.

As the billionaire tech investor hinted, fans would soon be able to use Bitcoin to buy tickets and other items for any Dallas Mavericks games. A year and a half later, this is reality and Cuban’s plans seem to have materialized. The news that Mavs join their NBA rivals – the Sacramento Kings – in accepting Bitcoin have been featured on many best cryptocurrency news sites.

As an excerpt from a Dallas Mavericks press release shared by some industry sources showed, the Dallas Mavericks (just like their rivals) will be using BitPay’s services to process the Bitcoin payments coming from their fans.

If bitcoin is your thing, you can now use bitcoin to purchase tickets & merchandise for the Mavs pic.twitter.com/a4Gc0O6J1T

— Isaac Harris (@IsaacLHarris) August 13, 2019

Meanwhile, the altcoin news show that Cuban’s prior involvement in the crypto space includes investments in both digital currency hedge funds and an ICO, accompanied by the launch of the Ethereum based Mercury Protocol back in August 2017. The investor and head of Dallas Mavericks has voiced his opinion and showed that Facebook’s Libra cryptocurrency is a big mistake and could even be dangerous. However, his optimistic BTC side was best seen this month, when he said that Bitcoin is fundamentally similar to gold from an investor’s perspective.
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So far, sports have showed an increasingly fertile ground for bringing blockchain and cryptocurrency to a vast audience. Yesterday, the news showed that the iconic American boxer Mike Tyson is leading a new blockchain powered cross entertainment venture and fan token ecosystem which aims to support aspiring young fighters to succeed.

Aside from Dallas Mavericks supporting the Bitcoin ecosystem the blockchain platform Socios.com has been home to a range of partnerships with leading international soccer teams such as the football clubs Paris Saint-Germain, Italy’s Juventus and the United Kingdom’s West Ham United