Miami Dolphins and Litecoin also work with Aliant Payments, a cryptocurrency service and payment processing company, to provide cryptocurrency for the upcoming 50/50 lottery team, which is said to donate half of its income to charity.
Cryptocurrency users will reportedly be able to buy lottery tickets from LTC and Bitcoin (BTC), and can do this online or through kiosks at the Hard Rock Stadium.
LTC and BTC are cryptocurrencies with similar technical characteristics. Bitcoin remains the number one cryptocurrency in terms of market capitalization, with a total MC of more than $ 201 billion in the press, while Litecoin ranks fourth with a capital of more than 6.37 billion dollars, according to Coin360.
In addition to participating in the aforementioned lottery, Litecoin is reported to appear in the Dolphins gaming branding and in a variety of advertising opportunities.
Charlie Lee, the creator of Litecoin and managing director of the Litecoin Foundation, hopes to use this partnership as a way to inform the public about LTC and cryptocurrency in general:
This cooperation promotes Litecoin to an audience of millions of people around the world, while the introduction of cryptocurrency continues to gain momentum, and the ecosystem is able to support real cases of use in ways that were previously impossible. We see this as a powerful way to raise awareness and tell people about Litecoin and cryptocurrency on a massive scale.
As previously reported, the Portuguese sports club SL Benfica opened cryptocurrency payments for tickets and merchandise in June. The club cooperates with the Utrust cryptocurrency service to simplify this new payment method. SL Benfica now accepts Utrust’s own tokens (UTK), as well as BTC and Ether (ETH) as payment options.