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Dallas Mavericks and the team’s owner Mark Cuban have announced they will now accept Bitcoin to purchase both tickets and merchandise. The agreement makes Dallas the second team in the NBA to accept Bitcoin as a method of payment.
Last year Cuban already hinted that fans would be able to buy tickets using Bitcoin so many cryptocurrency users anticipated this move. The Mavericks have partnered with the platform BitPay to facilitate payments.
“We want our fans who would like to pay with Bitcoin the opportunity to do so. BitPay allows our global fans to seamlessly make purchases with the Mavs,” said Dallas Mavericks owner Mark Cuban. His team will open the NBA season with a home game against Washington Wizards on 24 October.
“The Dallas Mavericks have been an outspoken advocate for Bitcoin, opening up opportunities for the team as it starts to accept Bitcoin for ticket sales and merchandise,” added Stephen Pair, CEO of BitPay.
Founded in 2011, BitPay has raised over $70 million from investors and is one of the most experienced companies in Bitcoin and Blockchain payments. The company has offices in North America, Europe and South America.
The Mavericks follow in the footsteps of the Sacramento Kings, who integrated cryptocurrency as payment in March 2014.
