Since early last year, the adoption of digital coins has been in the mind of the Mavs. The idea came up when the billionaire tech investor and owner of the team, Mark Cuban, said to fans that it would soon accept Bitcoins.
These plans have given fans the opportunity to utilize Bitcoin on purchasing tickets to the group’s games.
Mark Cuban is one of the first billionaires that has invested in a crypto venture fund. He is also the group’s owner that had recently stated Bitcoin and gold are something very similar.
Currently, the Dallas Mavericks are the second group in the NBA to recognize Bitcoin.
Bitcoin is one type of digital coin. In addition, it is a strategy of payment for merchandise and game tickets.
The Mavs will use the BitPay as a service provider to move all Bitcoin purchases.
BitPay is also one of the most outstanding bitcoin payment processors in the world. It will provide the Dallas Mavs worldwide fans a consistent experience to buy merchandise and tickets with Bitcoin in the future.
Updating fans about the transition to acknowledge additional types of the currency makes tickets and merchandise progressively open to MFFLs everywhere.
Rapid Acceptance of Digital Coins
The future for digital currency is rapidly growing. Moreover, the Dallas Mavericks said it would keep on driving the path into sports technological progress.
Dallas Mavericks owner, Mark Cuban said, “We want our fans who would like to pay with bitcoin the opportunity to do so.”
He also added, “BitPay allows our global fans to make purchases with the Mavs seamlessly.”
Elsewhere, Bitpay was established in 2011 and is today the pioneer organization managing with Bitcoin and blockchain payments.
Its range of products allows organizations to send and get cross border payments.
Furthermore, it lets customers manage digital resources with the BitPay Wallet and transform digital resources into dollars with the BitPay Prepaid Visa Card.
The organization has offices in Europe, North America, and South America.
The company has raised over 70 million dollars from leading financial specialists, which comprises Aquiline Technology Growth, Founders Fund, and Index Ventures.