NBA welcomes Bitcoin: Sacramento Kings to accept cryptocurrency in March
Sacramento Kings vs Phoenix Suns The Sacramento Kings fans will be able to use their Bitcoins to pay for merchandising and game tickets from March 1 . The NBA team decided to become the first professional sports organization to accept online cryptocurrency payments. The Kings Team Store will be […]
The Sacramento Kings fans will be able to use their Bitcoins to pay for merchandising and game tickets from March 1. The NBA team decided to become the first professional sports organization to accept online cryptocurrency payments.
The Kings Team Store will be processing the purchases with BitPay’s help through the franchise’s official website, the payment processor announced this Thursday (16) via a press release.
The move follows Vivek Ranadivé’s beliefs. The Kings’ new team owner, who acquired the Kings in early 2013, had been advertising an innovative business philosophy focused on technology and globalization, as well as useful partnerships like this one.
“We are maniacally focused on creating the most seamless experience for our fans in all facets”, said the entrepreneur.
“With BitPay, we are able to implement a technology that allows our fans to make Kings-related purchases without physically reaching into their wallets. A major tenet of the NBA 3.0 philosophy is about utilizing technology for the betterment of the fan experience, and this is yet another step in that process”, Ranadivé added.
