The team at the middle of the box office hit movie ‘ Money ball’ , The Oakland A’s is accepting as payment a single bitcoin to have a six suite throughout the home season in 2021.
At the heart of the Academy award-nominated 2011 move Money Ball, the Oakland A’s, the Sanfrancisco East Bay Ballclub is offering their fans a bitcoin friendly offer for the new season.
Six person suite for the home season at the price of one bitcoin is what the club is offering for full season for until April 1. $57,653 is the current value of Bictoin and it works out for the time that $64, 8000 is the fixed currency price fia, which is given at a slight discount.
Since December 2020, the unprecedented rise in Bictoin has risen and the rise of Bitcoin has created an opportunity for the A’s to create offer that is economically sound for their sound and fans.
The President of the Club, Dave Kaval opined that the rationale behind their action is because the price of Bictoin is favourable and the worth of Bitcoin is same as season suite and of which our fans are given various choices and also depending on the type of test, is something that they will like to do in other facets of their business.
The rising popularity of Crypto in California, is also one of the reasons Dave Kaval decided to engage. Also, Bitcoin is transacted more in the Bay Area , were more people are either discussing or trasancting bitcoin.
Aside from the A’s adoption of cryptocurrency payments, the increasingly popular market for non-fungible tokens has also been making inroads at the intersection of the art world and the Major League sports community. This February, bidders forked out millions of dollars for tokenized art from former second baseman Micah Johnson.
Meanwhile, blockchain sports firms like Chiliz have been attempting to get a foothold in the MLB fan base, recognizing the game as a potentially lucrative route to mass adoption of the technology.