News Mark Cuban: Dallas Mavericks to Accept Bitcoin, Ether 'Next...

Mark Cuban: Dallas Mavericks to Accept Bitcoin, Ether 'Next Season'

-

- Advertisment -

 

The Dallas Mavericks, the U.S. basketball team, will begin accepting cryptocurrency payments during their next season, according to owner and investor Mark Cuban.

Cuban was asked about the possibility of paying for tickets with cryptocurrency on Twitter earlier today, to which he replied: “Next season.”

In a follow-up comment to CoinDesk, Cuban confirmed the news and said that the team would take both bitcoin and ethers – as well as “possibly some other currencies.”

He explained:

“We will be adding a crypto payment ability for next season. We will accept BTC, Eth, possibly some other currencies. [That’s] to be determined.”

Cuban is a backer of industry firms such as crypto-asset investment fund 1confirmation, and Unikrn, an e-sports company within the “Shark Tank” VC’s portfolio, recently held an initial coin offering that ultimately raised $31 million.

Though he didn’t offer any specifics, Cuban suggested that the Mavericks’ crypto-payments system could, when launched, offer support for other tokens as well beyond the more well-known cryptocurrencies like bitcoin and ether.

“We will also look at accepting tokens from companies we have traditional business relationships with as a way to expand our customer base,” he told CoinDesk.

Michael del Castillo contributed reporting.

Image Credit: dean bertoncelj / Shutterstock.com


Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Blockchain, Bitcoin, and Mashed Potatoes

According to studies, over the next 5 years, many of the major supermarkets are expected to...

Different Facets of Biometric Authentication and How They Are Making A Difference in The Financial Sector

When we think of authentication in the true sense, then we find ourselves amid the different proven...

UNICEF’s 125 ETH Investment Took Less Than 20 Minutes and Cost Less Than $20

"The digital world is coming to us faster than we could have imagined," said UNICEF chief Chris...

Analysis: Is Bitcoin (BTC) Still Viewed As A Dark Web Currency?

There is a long past of Bitcoin (BTC) – due to its anonymity – being used in...
- Advertisement -Mark Cuban: Dallas Mavericks to Accept Bitcoin, Ether 'Next Season'

A Beginner’s Guide to Day Trading Crypto

Much of the activity that comes from the crypto-space originates from the crypto-trading community. Buying and selling...

1/3 of Institutional Investors Have Cryptocurrency Placements

What the research by Fidelity Investments shows. In the US and Europe, 36% of...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you