Summary List Placement
In another sign that dogecoin may be moving beyond its roots as a meme token, the Dallas Mavericks are set to begin accepting the cryptocurrency as payment for tickets and merchandise.
Owner Mark Cuban told DealBook Thursday that he and his basketball team decided on this, “because we can!” The billionaire entrepreneur added: “Sometimes in business, you have to do things that are fun.”
This isn’t the first time the team is accepting cryptocurrency as payment. In May 2019, the team began accepting bitcoin “to offer the Dallas Mavs’ global fans a seamless experience to purchase merchandise.” Like bitcoin, dogecoin transactions will be done through BitPay, a cryptocurrency payment processor.
The legendary investor and Shark Tank host has taken an interest in dogecoin, often making his sentiments public through Twitter. Most recently, he tweeted about buying dogecoin to teach his son about investing.
Dogecoin, featuring a Shiba Inu as its mascot, was…