Crypto Is Closer to Adoption as NBA Team Launches First Blockchain-Based App, Crypto Coins News
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The Sacramento Kings launched a blockchain-powered app that allows fans to bid on game-worn gear.
NBA is at the forefront of crypto adoption in professional sports.
The Kings must start winning big games to help raise awareness of the potential of blockchain technology.
Many people think that cryptocurrencies only serve as an alternative payment option. While there are coins that fit this bill, there are other cryptocurrencies that can perform a host of other functions.
I laud the efforts of one NBA team to help raise awareness on the potential of blockchain technology. The Sacramento Kings, in partnership with Consensys and Treum, launched a blockchain-powered platform that enables fans to purchase authentic in-game gear.
Kings Fans Can Now Bid on Game-Worn Sports Gear
During home games, Kings fans can participate in a live auction of game-worn gear through the award-winning Golden 1 Centerapp. On Tuesday, the game-worn jersey of Kings guard Buddy Hield was auctioned off.
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