Litecoin (LTC) has helped the Miami Dolphins increase their earnings from an average of $72,000 per game to $86,000. This represents an increase of almost 20% in just a few months.
According to data provided by Aliant, there were 46 transactions at the last home game and most of them were made in Litecoin.
Litecoin Helps Miami Dolphins
According to Aliant, one of the most recognized payment processors in the market, they have helped the Miami Dolphins increase their earnings by allowing users to spend cryptocurrencies on tickets.
Most of the transactions were processed using Litecoin, one of the most popular cryptocurrencies in the market.
However, Aliant allowed the Dolphins to accept also Bitcoin (BTC). In this way, users were able to purchase tickets for the team’s 50/50 raffle. It is worth mentioning that half of these proceeds benefit the Miami Dolphins Foundation that is working on different charitable causes.
Users that pay for these tickets using Bitcoin and Litecoin will be also funding the Miami Dolphins Foundation.
About the recent achievement, Aliant informed:
“Since we partnered with the Miami Dolphins to offer crypto payments on their 50/50 raffle, the proceeds raised from an average of $72,000 per game up to $86,000! There were 46 crypto transactions at the last home game- mostly paid in Litecoin!”
These tickets can be purchased both online and at 14 kiosks and raffle seller locations throughout Hard Rock Stadium.
In addition to it, Aliant informed other professional sports teams are interested in adopting cryptocurrency payments. One of these teams could be ‘America’s Team,’ which is the nickname given to the NFL’s Dallas Cowboys.
During the Litecoin Summit, Aliant Paynment’s CEO Eric Brown said that they are also talking with different football and basketball teams to start accepting cryptocurrencies.
The team behind Aliant Payments considered that if they were able to attract the attention of one team, others would certainly follow.
At the time of writing this article, Litecoin is the 6th largest cryptocurrency with a market capitalization of $3.75 billion and a price per coin of almost $59.
Cryptocurrency payments are expanding all over the world and in many different industries.
According to data provided by Grayscale, there are more than 100,000 organizations worldwide accepting Bitcoin (BTC) as a means of payments.
At the same time, UseTheBitcoin reported a few weeks ago that Decathlon, Sephora and many other retailers in France were going to make Bitcoin payments available for users.