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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Oakland Athletics MLB team has sold a suite season ticket for Bitcoin for the first time

The A’s become the first team in Major League Baseball to sell tickets for cryptocurrency.

Major League Baseball team Oakland Athletics has sold their first crypto-purchased season ticket less than three weeks after first offering them.

The Oakland A’s, as they’re colloquially called, introduced an offer on March 15 enabling fans to purchase suite tickets with Bitcoin.

On Wednesday, March 31, the San Francisco East Bay ballclub announced that the buyer was New York-based publicly traded crypto asset platform Voyager Digital Ltd. The fintech firm purchased a six-person suite for all of the team’s 2021 home games for the price of one Bitcoin, or approximately $58,500 on the day.

Six-person private suites for individual games are on sale for around $600, and the official price for the suite for the entire season is currently more than that of a single Bitcoin at $64,800 according to the official website.

The purchase has become a milestone for the A’s as they become the first team in Major League Baseball to sell tickets for cryptocurrency. Team President Dave Kaval congratulated the buyer, stating:

“Cryptocurrency is a viable and tangible currency model, and we know other forward-thinking companies and individuals will join Voyager in using this payment for ticket purchases.”

Voyager co-founder and CEO Steve Ehrlich stated that the firm has close ties with outfielder Stephen Piscotty and that the suite will be shared with its customer base in the Bay Area and beyond.

In an earlier interview on Friday, March 26, Kaval stated that the team would be hodling any BTC made through ticket sales, adding:

“We’re believers in [Bitcoin] and hopefully it continues to go up and maybe we can find some big free agents with some of the proceeds.”

Fans can still buy a full-season six-person suite for one BTC until Thursday, April 1 according to the team’s official channels.

https://ift.tt/3ucUTyU
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