RATE Group | L.A. Dodgers Using Ethereum for Athlete Token Giveaway
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L.A. Dodgers Using Ethereum for Athlete Token Giveaway

09 Sep L.A. Dodgers Using Ethereum for Athlete Token Giveaway

Posted at 16:32h in Ethereum News by

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Ethereum (ETH)–Despite the tanking price of Ether over the weekend, the second largest cryptocurrency by market capitalization can count on one positive development towards adoption coming out of a major U.S. sporting enterprise.

The L.A. Dodgers, a National League team for U.S. Major League Baseball and just one year out from competing in the World Series has announced their intention to hold a token giveaway using the popular ERC-20 platform established by Ethereum. As opposed to producing a currency made for transacting or replacing a digital form of money, the Dodger token is an interesting take on cryptocurrency in the form of crypto-based athlete collectibles.

According to the press release published on Friday, the Dodgers are planning the token giveaway for September 21, constituting the first ever “digital bobblehead” night–the branding for the event that the organization is using to describe the crypto-based tokens,

“Fans will have the opportunity to download a…

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