NBA’s Dallas Mavericks Tickets to be Sold via Bitcoin

The owner of Dallas Mavericks basketball team tweeted that tickets to NBA games of the team will start selling for Bitcoin from the next season
17 January 2018   1055

The tickets to Dallas Mavericks, an American professional basketball team based in Texas, and a member of the National Basketball Association (NBA), are reportely going to be sold for Bitcoin starting from the next season.

Mark Cuban, an American businessman, investor and the owner of the National Basketball Association's Dallas Mavericks team, has been asked about accepting cryptocurrency for games tickets by multiple users, and on January 16 he tweeted that the fans will soon be able to purchase Mavericks tickets with Bitcoin.

Mark Cuban tweet towards bitcoin paymentsMark Cuban tweet regarding BTC payments

The Dallas Mavericks will not be the first basketball team to accept BTC as means of payment for the tickets, as Sacramento Kings team has been accepting BTC cryptocurrency from 2014, letting users buy tickets along with promotional goods with BTC.

At the moment of press, these are main market parameters of Bitcoin:

  • Average price: $10 412,70
  • Marketcap: $175 020 045 728
  • 24h volume: $16 320 200 000

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   125

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.