en
Back to the list

Dogecoin (DOGE) finds its way into Major League Baseball | Invezz

source-logo  invezz.com 04 May 2021 11:04, UTC

Dogecoin’s popularity has continued to grow, as it has attracted the attention of a Major League Baseball team. Oakland Athletics announced on Twitter that it will start selling pairs of tickets for 100 units of Dogecoin (DOGE).

Join us at the ballpark as the Blue Jays roll into town! 

Two-seat pods in the Plaza Infield are available for 100 Dogecoin for the series. 

🔗: https://t.co/RizI8lp46i pic.twitter.com/wdDROnpLJc

— Oakland A's (@Athletics) May 3, 2021

President of the baseball team, Dave Kaval, stated that the team has already processed transactions using the meme-based coin. According to him, it’s the first time a Major League Baseball team is accepting Dogecoin as a means of buying match tickets.

Dogecoin’s increased use for transactions

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

The increased use of Dogecoin for transactions has been somewhat remarkable, to say the least. The token was launched as a joke, bearing the image of the Shiba Ino dog, generally known as Doge online.

But it has become one of the most widely used tokens, especially when it comes to transactions. It also has a long list of supporters, including rapper Snoop Dog and Tesla co-founder Elon Musk. The token surged by 25% on Tuesday, hitting a new all-time high of $0.48302.

Oakland A stated that it wants to sell two-seat pods in the plaza Infield for 100 Dogecoin for upcoming games on May 6.

Based on the current price of Dogecoin, the ticket would be worth about $48 if the price stays that way. This means fans who pay with Dogecoin will be paying lesser than those who pay with fiat currency for the ticket.

Bitcoin payments already used at Oakland A

Fans have been asked to fill out a form so they could be reached by the ticketing representatives on the payment process through BitPay.

Although this is the first time Oakland A will be allowing ticket payments through with Dogecoin, it’s not the first time it has welcomed crypto payments into its platform. Earlier in March, the team opened its balance sheet to receive ticket payments in Bitcoin.

invezz.com