For those of us who thought (and still may think) cryptocurrencies were a bubble, the alternative blockchain-based payment method is becoming more and more mainstream
For those of us who thought (and allay may think) cryptocurrencies were a bubble, the alternative blockchain-based defrayment method is comme il faut to a greater extent and to a greater extent mainstream.
On the due south coast of England, Southampton Football Club and crypto-based sports betting operator Sportsbet.io hold demonstrated a farther example.
Indeed, Sportsbet.io has proclaimed the launch of the 'Crypto Fan Fund,' donating 2 Bitcoin (BTC) to its partner Southampton.
The monetary fund testament be used to pitch fan-led initiatives, starting with the 2021-22 season. Two BTC, according to electric current market place price, is equivalent to $133,754.20.
All decisions on how and where the monetary fund is used will be made by Saints Voice, Southampton's long-standing admirer panel.
Southampton legend Matt Le Tissier commented on the initiative: "The people that testament live deciding where this money goes testament follow the Saints Voice, which is the buff grouping that was set upward to build a nexus between them and the club, which is improbably of import for football game clubs to operate with their fans.
"And so this aggroup has got the donation in their custody and they are the kings, they are the determination makers; and I'm trusted they will make water some terrific decisions as to where this donation testament go."
Sporsbet.io is a sports betting manipulator that only if accepts defrayment inwards cryptocurrencies. It is owned by Yolo Group, which lately rebranded from Coingaming Group, and previously sponsored Watford Football Club – another Premier League outfit.
Southampton, meanwhile, has enjoyed a salubrious running play of make on the pitch, currently posing 13th in the Premier League table.