The Litecoin Foundation announced today (July 11) a partnership between Litecoin and the Miami Dolphins. The news comes ahead of the 2019 NFL season and weeks before Litecoin’s anticipated ‘halving’ process.
The partnership means that Litecoin has now become the official cryptocurrency of the Miami Dolphins where fans will be able to pay for their favourite team’s tickets with both Litecoin and Bitcoin.
As noted through the foundations press release :
the collaboration with the Miami Dolphins gives Litecoin the ability to tap into one of the NFL’s largest and most passionate fan bases through in-game branding and advertising opportunities at Hard Rock Stadium, as well as inclusion across the team’s various online properties and digital content.
The partnership has been made between Litecoin, the Miami Dolphins and Aliant Payments. When fans purchase tickets using LTC and BTC for the 50/50 raffle, half of the funds will go to the Miami Dolphins Foundation and the rest to charitable causes. These tickets can now be purchased through the 14 kiosk at the Dolphins Hard Rock stadium and online.
Charlie Lee the CEO of Litecoin has been quick to take the news to twitter and has expressed his delight in the recent news ‘This collaboration propels Litecoin in front of an audience of millions of people around the world at a time where adoption of cryptocurrencies continues to gain momentum and the ecosystem is able to support real world use cases in ways previously not possible. We see this as a powerful way to raise awareness and educate people about Litecoin and cryptocurrencies on a tremendous scale.’
Kim Rometo the Miami Dolphins Vice President & Chief Information Officer also expressed her excitement around the partnership in stating ‘this partnership with Litecoin provides the ability for guests to enjoy our 50/50 raffle while donating to a great cause.’
Created in 2011, Litecoin is certainly set to continue making waves through 2019. At time of writing Litecoin is currently trading at just over $102 dollars, down from $125 in the past week after demonstrating a recent bullish pattern on the lead up to the ‘halving’ expected August 6th.