Skip to main content

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...

Miami nightclub accepts Bitcoin as nightlife cautiously returns

E11even Miami is enabling payments in Bitcoin and other cryptocurrencies as part of its post-pandemic reopening on April 23.

A nightclub in Miami is set to return from oa COVID-19-related shutdown of over a year by accepting Bitcoin (BTC) and other cryptocurrencies as a form of payment.

Luxury nightclub E11even Miami announced Tuesday that it will soon start accepting cryptocurrency as payment for tables, drinks, merchandise and other services. According to the official announcement, the list of supported cryptocurrencies will include Bitcoin, Bitcoin Cash (BCH), XRP and Dogecoin (DOGE).

In order to provide the new payment method, E11even has partnered with a major cryptocurrency processing company, but did not specify the name of the payment processor.

“With the tremendous growth and relevancy of cryptocurrency coupled with Mayor Francis Suarez leading the charge for Miami’s tech boom, we felt it made sense to introduce Cryptocurrency as an option to our guests to pay for their night out," E11even creator and CEO Dennis DeGori said. "E11even is dedicated to always staying ahead of the curve, and we believe cryptocurrency is here to stay.”

According to the Miami Herald, crypto payments are part of the club’s post-pandemic reopening on April 23 after E11even shut down in March 2020 due to the COVID-19 pandemic.

The move comes as a natural step for E11even, as a number of its clients have become increasingly involved in the crypto industry. “We have a very cutting-edge clientele from all over the world, and many are crypto savvy already,” E11even operating partner Gino LoPinto said, adding:

“We’re seeing an increasing trend of clients wanting to use their cryptocurrency as a form of payment. We believe nightclubs allowing Bitcoin as payment will soon become a nightlife industry norm, and we're excited to be the ones paving the way.”

E11even did not immediately respond to Cointelegraph's request for comment.

Miami itself is emerging as a major cryptocurrency-friendly city in the United States, with the city's mayor, Francis Suarez, campaigning to make Miami the capital of crypto in the country. In February, Suarez proposed an official resolution to allow Bitcoin to become an acceptable payment method in different parts of the city’s administration.

https://ift.tt/3g7lMAM

Comments

Popular posts from this blog

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...

Price analysis 9/15: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, LUNA

Buyers continue to scoop up Bitcoin and altcoins on dips, a signal that there is strong demand at lower levels and that bullish momentum is building. Bitcoin ( BTC ) is leading the recovery in the crypto sector and the cryptocurrency briefly rallied to $48,429 on Sept. 15, before pulling back to test the underlying support levels. While speaking during a live stream at the SALT conference, Ark Invest CEO Cathie Wood said that Bitcoin is the default currency of the crypto space and could rise tenfold in the next five years . Her projection is based on the presumption that Bitcoin will find a place in the balance sheets of many companies and institutional investors will increase their allocation to Bitcoin and other cryptocurrencies to about 5%. Several legacy finance companies have realized the growing demand for digital assets and are increasing their crypto offerings to fulfill that demand. Morgan Stanley recently set up a new crypto-focused research division “in recognition of ...

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...