The Brooklyn Nets have only shared their intention of offering tickets via Bitcoin, which means the fans could buy the tickets while paying for them via Bitcoin. To make it happen, they have shown interest in pairing up with a cryptocurrency exchange. There has been a lot of collaboration between the legal entities and the cryptocurrency companies in the past, and this is where NBA seems to find its motivation.
John Abbamondi, who is the current CEO of the Brooklyn Nets, says that the company is ready to make some big announcement related to how fans will now be able to buy tickets to their favorite games with the help of cryptocurrency as a new payment system is already in the works.
Crypto Space is Interesting, According to Nets CEO
He also had to add that they are watching the space very closely and are in talks with a number of potential partners, and it is a very interesting and exciting space to be, according to John. This means that NBA Nets are actually astoundingly considering this opportunity and might get around it soon enough. And as for Bitcoin, John adds that it is the most fun element they have found in the crypto space and that it is here to stay as well.
Despite Elon Musk’s kind of backing out and quitting on Bitcoin, saying it is damaging the environment and the support will not continue until Bitcoin has got its act straight, other potential interested parties see Bitcoin as a fine investment vehicle.
As the world of cryptocurrencies continues to expand, the sports arena is taking the most visible interest in commercializing the concept after the banks and the financial enterprises. Many pro sports companies and players have been jumping on the Bitcoin boat or cryptocurrency boat in general as Mark Cuban has in the very early days of Dogecoin has integrated the cryptocurrency into the payment system in relation with his team, and people can buy tickets and merchandise with the help of the cryptocurrency.