The Tennessee Titans accept Bitcoin as payment
The Tennessee Titans are an American football team based in Nashville, United States. They become the first NFL franchise to accept bitcoin as a means of payment.
BREAKING: The Tennessee Titans will now accept Bitcoin for payment.
It will start with larger purchases (season tickets & suites) but could eventually extend to smaller items like food & beverage at the stadium.
They are the first NFL team to do this.
(h/t @BitcoinMagazine) pic.twitter.com/B0rapJBrMX
—Joe Pompliano (@JoePompliano) April 6, 2022
Initially, this method of payment will only be offered only for strategic purchases via a third-party conversion service of which we do not have details at this time. For example, this will be possible for season tickets or sponsorship campaigns.
It’s kind of a test phase. But the franchise hopes to be able to expand these options with, in the future, the possibility of spending these digital assets for purchases of single tickets, in-store items or food at the stadium in particular.
This service was deployed following a partnership between the franchise, Bitcoin Magazine and the investment fund UTXO Management who were able to offer their advice.
David Bailey of UTXO Management, commented on this breakthrough:
“We are proud to partner with the Tennessee Titans as they begin their Bitcoin journey and offer fans a new way to pay. 2022 is a special year as we continue to work with professional sports teams to help educate and drive the mass adoption of Bitcoin. »
? To go further – Find our selection of 10 platforms to buy Bitcoin
Cryptos and sports
While at the end of March, the NFL announced that its franchises would again have the possibility to accept crypto partnershipswe can hope to see more similar news arrive in the world of American football.
If it is new in the NFL, it is not for all that not the first time that BTC invites itself into American sport. Note that the Oakland Athletics baseball team and the Sacramento Kings and Dallas Mavericks basketball franchises also accept Bitcoin as payment.
If we add to this the recent partnership between Lionel Messi and the Socios.com platform, this confirms our idea that the democratization of cryptocurrencies will also go through sport.
? On the same subject – The NFL relaxes its rules: blockchain companies will now be able to sponsor clubs
Newsletter ?
Get a crypto news recap every Sunday ? And that’s it.
What you need to know about affiliate links. This page presents assets, products or services relating to investments. Some links in this article are affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no impact on you and you can even get a bonus by using our links.
Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky in nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.
About the Author : Vincent Mayor
I timidly discovered the world of blockchain at the end of 2018 during my quest for financial freedom. Initially invested moderately, it was only two years later that I took the gamble of betting everything on the movement that was taking shape then. I then dedicate 2021 to training myself better to acquire more knowledge and seriousness. As I often like to say: I still have a billion things to learn. And what I do know, I want to share with you.
All articles by Vincent Maire.