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Cryptocurrency

Litecoin is Now Miami Dolphins’ Official Digital Currency

According to the latest reports, Litecoin or LTC has now become an official digital currency of the renowned football team of America called the Miami Dolphins. The official announcement was done through Litecoin Foundation’s press release dated 12th July 2019. As noted in the press release, this unique collaboration builds a strong alignment between one of the most known sports brands across the world and Litecoin.

That’s not all. Litecoin and the prestigious football team have partnered with the cryptocurrency merchant services as well as payments processing company named Aliant Payments. This partnership will enable people to purchase Miami Dolphins’ forthcoming 50/50 raffle tickets through both LTC and BTC (Bitcoin). It was also revealed that 50 percent of the proceeds would be beneficial to the team’s Foundation and their charitable causes.

Anyone wanting buy these tickets can purchase it online or at the 14 kiosk and raffle sellers all over the Hard Rock Stadium.

The collaboration will also provide Litecoin with the opportunity to carry out in-game advertising and branding activities at the Stadium. In addition to that, Litecoin will be included in the online or digital content of the team, appealing to an even wider audience across the world. It will allow the cryptocurrency to reach out to one of the biggest fan bases of the National Football League, notes the press release.

Litecoin’s creator and the Litecoin Foundation’s managing director Charlie Lee stated that this partnership would place Litecoin in front of a global audience that accounts millions of people in times when crypto adoption is gaining momentum steadily while the ecosystem, too, is extending a support in ways which was not possible earlier in terms of real-world use cases. Lee also said that they see it as a solid opportunity to educate and make more and more people aware of LTC and digital currencies as a whole on a bigger scale.

On the other hand, Chief Information Officer and Vice President of Miami Dolphins Kim Rometo said that they always look forward to enhancing the experience of the fans. This partnership would not only let the guests enjoy 50/50 raffle but would also enable them to contribute to a significant cause.

It must be noted that Litecoin is becoming a widely utilized digital currency on a consistent basis around the world. Plenty of businesses from across the globe let their consumers pay with Litecoin thanks to its swift and secure nature. At the time of writing, LTC, which is a 4th leading cryptocurrency, was being traded at $105.78, as per CoinMarketCap.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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