Skip to main content

NBA team Houston Rockets wants to bring Bitcoin to the people



Billionaire Tilman Fertitta, owner of the Houston Rockets in the NBA, has jumped on the cryptocurrency bandwagon. His team - Houston Rockets - has partnered with NYDIG (a bitcoin platform) to bring the coins to the masses.

NYDIG is committed to bringing digital assets like Bitcoin to every village, city and town in the world. It does this by merging high technology and institutional funding to usher in a new era of financial products.

In a recent tweet, Fertitta is pushing the masses (albeit in a subtle way) to embrace change and embrace cryptocurrencies. He talks about Bitcoin and NYDIG and has a clear message:

NYDIG recently partnered with Post Oak Motor Cars to "Safely Unlock the Power of Bitcoin". The partnership gives customers the opportunity to buy luxury cars in BTC. The employees of the car company should also be able to automatically convert their payroll into Bitcoin.

Crypto is no stranger to the NBA league

The Dallas Mavericks are owned by Mark Cuban. The team has been accepting payments in Dogecoin and Bitcoin for a while.

The NBA league has stepped knee-deep into the NFTs (or non-fungible tokens) market and even has a package of licensed digital collectibles known as the NBA Top Shot.

The Houston Rockets are paid in Bitcoin for partnering with NYDIG, and the proceeds are held on the NYDIG platform.

Holding bitcoin - on the NYDIG platform - is a great example for the NBA league and beyond, as the gesture suggests that converting digital assets into fiat money is neither necessary nor an emergency.

The collaboration will fuel the growth of Bitcoin

According to Gretchen Sheirr, President of Business Operations at the Houston Rockets, the partnership will take Bitcoin's growth to new levels.

Partnering with NYDIG enables the Rockets to capitalize on Bitcoin's growth to provide creative rewards and payment options to our fan base and employees.

This partnership will bring Bitcoin to the fore in the city of Houston and help Rockets fans learn more about digital assets.

The Houston Rockets' arena currently holds nearly 18,000 concurrent visitors. The team's Twitter account has more than three million followers and the number is growing.

We can only hope that the Houston Rockets can handle the volatile nature of Bitcoin well. Because only recently the Bitcoin price fell to a new low of 60,000 US dollars. Before that, it hit an all-time high of over $ 68,000.

There is no doubt that the popular digital coin will resume its upward trend shortly. However, crypto analysts believe the new Bitcoin price is the proverbial sign of the calm before the storm.

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
Upland - Collect Digital Properties & Test Your Skills
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Post a Comment

Popular posts from this blog

The 5 largest platforms for non-fungible token (NFT) collectibles

  Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day.  More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream.  But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token.  Any asset that is tokenizable can be an NFT.  This includes, for example, (digital) works of art, trading cards, game items and crypto domains.  Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain.  This allows them to store value just like real objects, even if additional copies are easy to make.  For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...
11 comments
Read more

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

  Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...
Post a Comment
Read more

Cardano: This is the vision that founder Charles Hoskinson has

  The Altcoin Cardano has tended to decline in recent weeks.  The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment.  Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency  Cardano  has had a difficult few months.  While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months.  Cardano is faced with some difficulties.  The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment.  The upgrade should make it possible to use smart contracts on the cryptocurrency as well.  It soon turned out, however, that although these were entered into Cardano,...
Post a Comment
Read more