Litecoin could help boost cryptocurrency to an even broader audience. On Friday, the foundation behind the world’s fourth-largest cryptocurrency announced a partnership with the Miami Dolphins.
The deal makes Litecoin the official cryptocurrency of the American football team and enables cryptocurrency payments for select products.
Litecoin Reaches Sports Fans
The deal means that Litecoin will enjoy in-game advertising through the team’s Hard Rock Stadium, as well as through its online spaces. This partnership will launch for the 2019 NFL season. It also means that users will be able to pay with both Litecoin and Bitcoin for the 50/50 raffle. Home game attendees will be able to purchase tickets for the raffle using either cryptocurrency both online and in the stadium, with support from Aliant Payments. Attendees can buy tickets until there are 12 minutes left on the clock in the fourth quarter, with tickets starting at five for $10. Half the proceeds will go to the team’s foundation and related charitable causes.