Are you ready for some football? As the National Football League hits their 100th season this year, the Litecoin Foundation was pleased to announce their partnership as the “official cryptocurrency of the Miami Dolphins” during the 2019 NFL season.
What does this mean to football fans?
This collaboration will tap into the cryptocurrency world and football fan base by allowing attendees to pay for the 50/50 raffle tickets with crypto, which supports the Miami Dolphins Foundation and its charitable causes. There has not been specifics on whether in-stadium purchases for food or souvenirs can be purchased with LTC, but this is certainly the beginning of a positive move to mainstream Litecoin and other cryptocurrencies. It’s a baby step for man and a giant leap for crypto.
How does this benefit Litecoin Foundation?
American football is national pastime with a national audience. With this partnership, Litecoin Foundation will have advertising opportunities that catch stretch from their logos on authentic Miami Dolphins sportswear, to seeing their banners while viewing the game. Until the September 8th launch, we can only speculate.
Charlie Lee, founder of Litecoin says, “We see this as a powerful way to raise awareness and educate people about Litecoin and cryptocurrencies on a tremendous scale.”
According to Miami Dolphins’ Vice President & Chief Information Officer, Kim Rometo, “The Miami Dolphins are always looking for ways to enhance the fan experience, and this partnership with Litecoin provides the ability for guests to enjoy our 50/50 raffle while donating to a great cause.”
Aliant Payments is the third party dealer that will make crypto payments for the 50/50 raffle possible.
At the time of writing this, Litecoin is up 2% over the last 24 hours, trading at $105.10. With halving scheduled for August 5, 2019, there is a lot of excitement around Litecoin.
– This article was originally posted at CryptoTraderNews
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