RATE Group | Miami Dolphins to Endorse Litecoin as Team’s Official Cryptocurrency
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Miami Dolphins to Endorse Litecoin as Team’s Official Cryptocurrency

12 Jul Miami Dolphins to Endorse Litecoin as Team’s Official Cryptocurrency

Posted at 04:01h in Cryptocurrency News by

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American professional football team the Miami Dolphins announced that Litecoin (LTC) is now the team’s official cryptocurrency, according to a press release on July 11.

The Miami Dolphins and Litecoin have also partnered with Aliant Payments, a crypto merchant services and payment processing firm, to enable crypto payments for the team’s upcoming 50/50 raffle, which reportedly donates half of its revenue to charity.

Cryptocurrency users will reportedly be able to buy raffle tickets with LTC and Bitcoin (BTC), and can do so online or via in-stadium kiosks at Hard Rock Stadium.

LTC and BTC are cryptocurrencies with similar technical underpinnings. Bitcoin remains the number one cryptocurrency by market cap with a total MC of over $201 billion at press time, while Litecoin clocks in at fourth with a cap of over $6.37 billion, according to data provided by Coin360.

In addition to playing a role in the aforementioned raffle, Litecoin will reportedly be appear in Dolphins in-game…

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