American football team the Miami Dolphins partnered with the Litecoin Foundation to enable cryptocurrency payments. Litecoin (LTC) will be the official cryptocurrency of the American football team.
Thursday, on Twitter, the Litecoin Foundation revealed that American football team the Miami Dolphins partnered with the foundation to let the Dolphins accept Litecoin (LTC) as their “official cryptocurrency.”
The tweet from the Litecoin Foundation:
We are excited to announce Litecoin as the Official Cryptocurrency of the Miami Dolphins! 🏈
— Litecoin Foundation (@LTCFoundation) July 11, 2019
According to the announcement, the partnership will officially kick off on Sept. 5 – the start of the 2019 NFL season.
Through the collaboration, fans of the Miami Dolphins can now purchase their tickets with both Litecoin (LTC) and Bitcoin (BTC). Furthermore, half of proceeds will go to the Miami Dolphins Foundation and its charitable causes.
Because of the partnership, Litecoin (LTC) will be introduced to an audience of millions of people. Besides that, the collaboration increases the adoption of cryptocurrencies in general in the country.
Charlie Lee, the creator of Litecoin, said about the partnership:
“This collaboration propels Litecoin in front of an audience of millions of people around the world at a time where adoption of cryptocurrencies continues to gain momentum and the ecosystem is able to support real world use cases in ways previously not possible. We see this as a powerful way to raise awareness and educate people about Litecoin and cryptocurrencies on a tremendous scale.”
It is not the first time that Litecoin has partnered with a sports club to increase the adoption of Litecoin. In March this year, GLORY World Series kickboxing league named Litecoin as the official cryptocurrency of the stand-up combat league in March.