Vivek ranadive bitcoin

Through a partnership with MiningStore. The Kings are the first team in the world to mine digital currency, according to a press release issued by the team. With this initial mining program, the Kings are laying the foundation for a multi-year scholarship program to support Sacramento based causes starting with the Build. Coalition — a group of Sacramento community leaders organized to support transformational change for Black communities in Sacramento. As cryptocurrency continues to grow in popularity, the MiningForGood program can serve as a blueprint for large organizations and businesses to embrace emerging platforms as an engine for social change.

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Content:

• Sacramento Kings Offer Bitcoin Salary Option For Employees
• Sacramento Kings Show Willingness to Take Risks by Accepting Bitcoin
• Sacramento Kings to accept Bitcoin for purchases
• Champion NBA Franchise to Pay Players and Staff in Bitcoin
• NBA Teams Begin Transition to Blockchain and Cryptocurrency
• Kings’ bold bitcoin plan for players’ salaries, revealed
• NBA: Sacramento Kings embrace tech with Glass, Bitcoin
• Sacramento Kings To Accept Bitcoin For Purchases, May Use Google Glass In Future

WATCH RELATED VIDEO: Sacramento Kings co-owner Vivek Ranadive on launching a new SPAC

Sacramento Kings Offer Bitcoin Salary Option For Employees

Signing out of account, Standby At least one NBA team is buying into the cryptocurrency craze and offering to pay its players and staff in Bitcoin. BREAKING: Chairman of the Sacramento Kings: "I'm going to announce in the next few days that I'm going to offer everyone in the Kings organization, they can get paid as much of their salary in bitcoin as they want, including the players.

In , the Kings became the first basketball team to allow fans to buy merchandise in Bitcoin. Although the Kings are the first NBA team to give its players and staff the option to be paid in cryptocurrency, athletes in other leagues have already invested in it.

Former Seattle Seahawks offensive lineman Russell Okung, for instance, reportedly put half of his salary in Bitcoin , fueling claims that he is now one of the highest-paid players in the NFL. Getting paid in Bitcoin is the first step of opting out of the corrupt, manipulated economy we all inhabit. Justin Chan is a news writer at Entrepreneur. Previously, he was a trending news editor at Verizon Media, where he covered entrepreneurship, lifestyle, pop culture, and tech.

He was also an assistant web editor at Architectural Record , where he wrote on architecture, travel, and design. He is a graduate of Columbia Journalism School, where he studied magazine journalism. Follow him on Twitter at jchan Emily Rella. Kristin Smith. Chloe Arrojado. Entrepreneur Deals. Chanelle Bessette. Zacks Equity Research. Skip to content Profile Avatar. Subscribe to Entrepreneur. Magazine Subscriptions. By Justin Chan April 6, More About News and Trends.

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Sacramento Kings Show Willingness to Take Risks by Accepting Bitcoin

The Sacramento Kings announce Wednesday they'll be the first known sports team to mine cryptocurrency. The tech-friendly Sacramento Kings are tapping into the world of crypto miners. The basketball team will use MiningStore's "Imperium" machines to mine the the Ethereum cryptocurrency. The Kings say they're the first sports team to mine digital coins. MiningForGood will be part of a multi-year scholarship fund that supports career development and technology education programs in Sacramento through the local community group Build.

Sacramento Kings to accept Bitcoin for purchases

After starting to offer fans everything from tickets to hot dogs in exchange for bitcoin in , the Sacramento Kings are cementing their reputation as one of the most crypto-forward teams in professional sports. I would rather keep my BTC. The Mavericks started accepting bitcoin as a payment method in and Cuban announced last month that the Mavs would become the first pro team to accept dogecoin, a meme-referencing cryptocurrency that started as a joke but has gained influence due to prominent supporters like Cuban and Tesla CEO Elon Musk. We have chosen to do so because sometimes in business you have to do things that are fun, engaging and hopefully generate a lot of PR. So we will take Dogecoin, today, tomorrow and possibly forever more. For those of you who would like to learn more about dogecoin we strongly encourage you to talk to your teenagers who are on tik tok and ask them about it. They will be able to explain it all to you. Thanks for reading InsideHook. Sign up for our daily newsletter and be in the know. Sign up for InsideHook to get our best content delivered to your inbox every weekday.

Champion NBA Franchise to Pay Players and Staff in Bitcoin

Sacramento Kings, a popular American basketball team has become the first major sports franchise to offer its players and staff an option of earning in Bitcoin. Sacramento Kings had already begun selling all their merchandise tickets, branded meals for Bitcoins in and in , launched rewards sports tokens for fans. Bitcoin is up 1. The recent use of crypto in sports will also address geographical challenges and trigger the global expansion of sports and teams.

NBA Teams Begin Transition to Blockchain and Cryptocurrency

The Kings announced Thursday that fans will be able to buy gear from the official team store and pay for tickets with the digital money beginning March 1. Purchases will be processed through BitPay, which accepts the digital dollars and pays the Kings in cash. Bitcoin users buy digital money and load it onto a virtual wallet. Unlike government-issued money, the value of Bitcoin fluctuates rapidly. We welcome your comments.

Kings’ bold bitcoin plan for players’ salaries, revealed

Signing out of account, Standby At least one NBA team is buying into the cryptocurrency craze and offering to pay its players and staff in Bitcoin. BREAKING: Chairman of the Sacramento Kings: "I'm going to announce in the next few days that I'm going to offer everyone in the Kings organization, they can get paid as much of their salary in bitcoin as they want, including the players. In , the Kings became the first basketball team to allow fans to buy merchandise in Bitcoin. Although the Kings are the first NBA team to give its players and staff the option to be paid in cryptocurrency, athletes in other leagues have already invested in it. Former Seattle Seahawks offensive lineman Russell Okung, for instance, reportedly put half of his salary in Bitcoin , fueling claims that he is now one of the highest-paid players in the NFL. Getting paid in Bitcoin is the first step of opting out of the corrupt, manipulated economy we all inhabit. Justin Chan is a news writer at Entrepreneur.

NBA: Sacramento Kings embrace tech with Glass, Bitcoin

Everyone in the basketball organization will be able to "get paid as much of their salary in Bitcoin as they want," Sacramento Kings' chairman revealed. Photo by Edgar Chaparro on Unsplash. The organization has already been accepting BTC payments for its merchandise and other products since thanks to a partnership with payment processor BitPay.

Sacramento Kings To Accept Bitcoin For Purchases, May Use Google Glass In Future

RELATED VIDEO: Bitcoin kya hai? How Bitcoin works and why is it so popular? - Dhruv Rathee

The group has proven a pro-Bitcoin strategy for years because it was the first NBA workforce to introduce BTC as a way of cost for tickets and merchandise in He stated that every one staff in the group might quickly begin selecting whether or not they want to obtain their salaries in the type of bitcoin as an alternative of the greenback. The first-ever cryptocurrency has additionally made its manner into one other fashionable sport in the US — the NFL. The Dallas Mavericks, owned by the fashionable entrepreneur and crypto supporter since just lately Mark Cuban, has additionally displayed pro-crypto habits. After a rocky relationship and some critiques from Cuban, the workforce doubled down on its relationship with the cryptocurrency trade earlier this year. Mavericks and Dogecoin The Dallas Mavericks, owned by the fashionable entrepreneur and crypto supporter since just lately Mark Cuban, has additionally displayed pro-crypto habits.

Too many bitcoins and no place to spend them? Soon you will be able to splurge on all kinds of things, starting with tickets to see the Sacramento Kings play basketball. Bitcoin, the virtual currency, has been promoted as the payment method of the future, thanks to the fact that transactions are anonymous and don't subject retailers to the same fraud risks that credit cards do. Consumers, however, have little recourse if their bitcoins are stolen. Now multiple businesses are jumping on the bitcoin bandwagon. On Thursday, the organiztion announced that it would become the first professional sports team to accept bitcoins for tickets and team merchandise. That is right, Kings fans.

By Marco Cavicchioli - 6 Apr He reported this during a conversation on Clubhouse yesterday. He said:. Therefore, the Sacramento Kings are set to become the first major professional sports team to offer all of its employees, and players, the option to have their salaries paid in BTC.