CEBL just became the first pro sports league to accept Bitcoin (BTC) salaries

CEBL just became the first pro sports league to accept Bitcoin (BTC) salaries
фото показано с : invezz.com

2021-6-21 12:14

The sports industry has always been one of the more accepting industries when it comes to digital currencies. So far, there have been many professional athletes to support various cryptos publicly, and even launch their own coins. Multiple brands and clubs have teamed up with various crypto projects and companies, and now, the relationship between sports and crypto seems to be further deepening.

The latest move indicating this is the CEBL (Canadian Elite Basketball League), which just became the first pro-sports league in the entirety of North America to adopt Bitcoin as a payment method for salaries.

According to what is known. CEBL made this possible through its recent partnership with a local crypto platform, Bitbuy. It appears that the league players will now start receiving a portion of their pay in Bitcoin (BTC/USD).

CEBL also posted an official announcement, in which it claims that Bitbuy will convert CAD salaries into BTC, and then transfer the coins to the players’ private wallets. The latest announcement came right after Carolina Panthers’ Russel Okung received half of his annual pay in Bitcoin. Okung, whose annual pay is $13 million, now has $6.5 million worth of Bitcoin. He is also the first NFL player to start receiving payments in BTC, ever since December 2020.

Professional players recognize opportunity in Bitcoin

Guelph Nighthawks’ guard, Kimbal Mackenzie, commented on the new development by stating that the opportunity to be paid in Bitcoin is very exciting. Mackenzie openly admitted to believing that cryptocurrency is the future and that this was a well thought-out decision, as the part of the salary will go directly into an investment that will be appreciated greatly over the next 10-30 years.

Mackenzie also noted that CEBL continues to provide its players with modern, forward-thinking opportunities, with the option to be paid in Bitcoin definitely being one of them, which is something that many seem to be quite excited about.

With this new move, the role of Bitcoin and altcoins in the global sports industry continues to evolve and improve, and quite rapidly, at that. The adoption of crypto in the sports industry has been advancing for years now, and while it is still far from being universal, every step counts, and many believe that it will get there eventually.

The post CEBL just became the first pro sports league to accept Bitcoin (BTC) salaries appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

All Sports (SOC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -0.02 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.003014 (-100%)

sports many digital professional currencies far athletes

Источник: invezz.com

sports many → Результатов: 36


Фото:

The first blockchain achievements in MMA — to all fans of hard sports

Cryptocurrencies have forced us to look at the world of business, technology, and entertainment from a different angle, transferring many traditional processes to the blockchain base. Experimenting with building networks and platforms using the blockchain can provide benefits in security, transaction costs, reduced intermediaries, and privacy, which in turn appeals to any business and government. […]

2021-6-8 17:35


Billionaire and Multi-Sports Team Owner Ted Leonsis Associates Bitcoin with Shady Gambling

In the United States alone, $10 billion has been spent on gambling since the decision of the Supreme Court just over a year ago, according to the Legal Sports Report. Now, billionaire Ted Leonsis has expressed interest in getting a piece of that action during the off-season of sports. Mr. Leonsis is known for many […]

2019-10-31 01:28


YOUnited ICO

YOUnited is the first truly fair, social and decentralized online betting and gaming platform with no house interactions. The primary objective is to eliminate the “house” (i. e. casino) involvement in this industry, in order to introduce real ‘player against players’ solutions with all winnings distributed among participated players.

2019-5-3 10:53


Фото:

Out of Testnet and Into Alpha: Lightning Labs’ Desktop Application Is Live

Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a third party to play custodian.

2019-4-24 01:38


Фото:

Live stream the Aussie Open with Cloudbet, it’s dead easy

With live streaming, Cloudbet offers the cheapest ticket to the Australian Open and many other sports events. Cloudbet’s live streaming Bet with BTC, stream for free How to watch live streaming Terms and conditions To coincide with the 2019 Australian Open, leading bitcoin sportsbook Cloudbet is launching live streaming of sports events on its platform, […] The post Live stream the Aussie Open with Cloudbet, it’s dead easy appeared first on ZyCrypto.

2019-1-15 21:19


AMOS ICO

AMOS is a fitness technology solution, integrating distributed AI computing analysis and blockchain to provide a new experience on sports and exercising. a . Smart Sport Watch: AMOS calculates the calories burned by the user with smart sport watch and motivates the user to exercise through token feedback.

2018-11-28 14:34


Joan Laporta, lawyer and former president of FC Barcelona, joins Blockchain Technology Company Urbit Data

Joan Laporta has joined the Advisory Board of the company Urbit Data. This way, the company consolidates its growth strategy with a solid project with an enormous global projection. Urbit’s new consultant has stood out for many years for his successful and relevant career, both in the field of senior sports management and in his […] The post Joan Laporta, lawyer and former president of FC Barcelona, joins Blockchain Technology Company Urbit Data appeared first on ZyCrypto.

2018-7-24 23:50


Press Release: BlitzPredict to Launch Main Blockchain Betting Platform Just in Time for the World Cup

The Supreme Court’s ruling to legalize sports betting back in May 2018 has been huge news for many betting companies. It has been particularly welcome news for BlitzPredict – the... The post Press Release: BlitzPredict to Launch Main Blockchain Betting Platform Just in Time for the World Cup appeared first on Trustnodes.

2018-6-19 20:02


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin ETFs see $45m in inflows

Spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded a net inflow of $45 million on May 28.   This extended their win rate to 11 straight days despite the Grayscale Bitcoin Trust ETF (GBTC) experiencing $105.