Tennessee Titans started to accept Bitcoin as payment
Sports teams have started to dabble with relationships with crypto platforms. Now, the Tennessee Titans have started to accept Bitcoin as a payment method.
Tennessee Titans started to accept Bitcoin as payment
In the sports world, you can see that the crypto market has started to become a regular occurrence. You can see teams partnering up with crypto-based platforms but the NFL’s Tennessee Titans have taken it to the next level by accepting Bitcoin as a mode of payment.
The Titans announced their intention of accepting Bitcoin for key investments on the 6th of April, 2022. A Nashville-based digital assets fund called UTXO Management will be the partner that the Titans use to help with the Bitcoin transactions. With this move, there is a likelihood that other cryptocurrency options might come soon.
Across the United States’ major sports leagues, the Titans are the first NFL team and fourth overall that have accepted Bitcoin. The other teams are the MLB’s Oakland Athletics and the NBA’s Sacramento Kings and Dallas Mavericks. This is a huge shift for both industries because it shows that many sports teams have realised the potential of the crypto market. This can be seen in many platforms such as Gamdom where you can play Bitcoin casino games.
NFL players are already interested in crypto
Over the past few years, some NFL players have shown an interest in the crypto market. Green Bay Packers superstar quarterback Aaron Rodgers has shown that he wants to convert a large chunk of his $33.5 million salary into Bitcoin. He believes that the asset is ‘the future of money’ which is a great point since the digital asset is truly capturing people’s attention.
Across the league, there have been many ambitious players who truly want to convince people to get into Bitcoin. Michael McCorkle ‘Mac’ Jones of the New England Patriots went the extra distance by gifting 12 of his teammates with Bitcoin.
Cryptocurrency is not the only popular crypto-based asset in the NFL because non-fungible tokens are also a popular choice. Seven-time Super Bowl champion Tom Brady is the most prominent in the market because he released his own player called Autograph. He also took a stake in the crypto exchange FTX as he became an ambassador for the firm.
The Titans’ move is just the beginning
While the Titans made the first move in the NFL, the American sports industry believes that the crypto market will continue to grow there. As previously mentioned, there have been multiple teams that have already shown their support for the industry. In the Titans’ case, they have a good partner with UTXO who are intent on making crypto accessible to the Titans fans.
BTC Inc CEO and UTXO partner David Bailey talked about how they see the Titans’ move working out. He said, ‘We’re proud to partner with the Tennessee Titans as they start their Bitcoin journey and offer fans a new way to pay. 2022 is a special year as we continue to work with professional sports teams to help educate and further mass adoption of Bitcoin and other types of cryptocurrency. The Titans are a top NFL franchise and a natural fit for this partnership’.
If what the Titans did is a sign, you can expect other teams to do the same across the US’ major leagues. When people are looking for the best crypto-based platforms, you should expect Gamdom to be a prime spot, especially since you can play the best bitcoin casino games there.
Don’t miss out on the best Bitcoin casino games in Gamdom
Words: Pocholo Magsino
