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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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Publishing platform Substack now accepts Bitcoin payments

Substack has more than 500,000 paid subscribers, but Bitcoin payments will first be available to "a select group of crypto-focused publications."

An integration with payment processor OpenNode will allow content platform Substack to accept Bitcoin payments on-chain and using the Lightning Network.

In a Monday announcement, OpenNode said it had partnered with Substack “to make it easy for writers and publications to get paid in Bitcoin.” According to OpenNode and Substack, the integration will only be available to “a select group of crypto-focused publications” on the platform.

The publishing platform, which allows writers to send their work directly to readers, has more than 500,000 paid subscribers, with the most popular writers reportedly earning more than six figures annually. The select Substack readers will be able to pay for their subscriptions in Bitcoin (BTC), with certain publications allowed to keep their earnings in crypto as well.

Substack product designer Nick Inzucch hinted that the platform could later expand its crypto payment offering to other writers in an effort to give them “more flexibility and freedom.” A number of prominent figures in the crypto space currently publish using Substack, including analyst Willy Woo and Kraken growth lead Dan Held.

Related: Second largest US mortgage lender will accept crypto payments this year

Founded in 2017, Substack is backed by venture capital firms Andreessen Horowitz, Y Combinator, Fifty Years, and others. After a March funding round led by Andreesen Horowitz, the platform reportedly has a valuation of roughly $650 million.

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