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Oakland A’s Becomes The First MLB Team To Sell Tickets With Dogecoin

source-logo  cryptoknowmics.com 05 May 2021 13:43, UTC

As marked for the first time in the history of MLB, the Oakland A’s sold a group of tickets for 100 Dogecoin. The meme currency has definitely made a splash in Major League Baseball as the Oakland A’s took a decision to sell tickets for the meme cryptocurrency.

Oakland A’s Sells Tickets for Dogecoin

In a recent announcement, it has been revealed that they have sold a pod of tickets for 100 dogecoins. At the time of selling the tickets, the price of dogecoin was about $0.48, which would mean the pod cost about $48, according to the leading business analysts.

Dave Kaval, the President of Oakland A’s said that the team processed the payments using Dogecoin, which makes A’s the first Major League Baseball team to do so. 

He said:

“We just processed the first Dogecoin transaction in @mlb history! #DogecoinToTheMoon @Athletics.”

As reported by Bloomberg, Dogecoin has been utilized for marketing gimmicks in recent times, including the Oakland A’s decision to offer the seats for 100 Dogecoin.

In addition to this, we also witnessed Slim Jim reference Dogecoin in a tweet, it is still unclear why the beef jerky sticks company mentioned the cryptocurrency, but it could potentially be a sign that it is planning to sell its snack for Doge in the future.

First MLB Teams to Sell Tickets With Cryptocurrency

Mark Cuban, the owner of Dallas Mavericks revealed that Dogecoin has the potential to become a useful form of currency if more firms allow people to use the digital asset while making purchases for items. 

As mentioned in the tweet shared by Cuban, the usefulness of Doge can be proved as he said:

“Meme coins like Doge only work if they gain utility and users use them for that utility, as long as more companies take doge for products/services, then Doge can be a usable currency,”

cryptoknowmics.com