Sports and cryptocurrency appear to collide increasingly with each passing day. This is evident by the number of marquee names in the sports world that have recently started to invest in cryptocurrency and blockchain technology.
While some may see this as a fad, there are several very real advantages that sports teams and athletes can gain by investing in cryptocurrency through avenues such as NFL picks.
In this post, we will look at different sports that have already started to invest in cryptocurrency in a big way.
Soccer
One of the most widely known sports in the world, soccer has also been one of the quickest to embrace cryptocurrency. This is evident by the number of high-profile soccer players already invested in cryptocurrency, including Lionel Messi, Cristiano Ronaldo, and Neymar.
Not to be outdone, many soccer clubs have also started to invest in cryptocurrency. One of the most notable examples is Juventus, the Italian soccer club currently worth over $1 billion. Juventus has partnered with Sirin Labs to create its cryptocurrency, the Juventus Official Fan Token.
Basketball
While cryptocurrency has made inroads in many different sports, it has been particularly popular in basketball. This is evident by the number of currents and former NBA players already invested in cryptocurrency, including Carmelo Anthony, Matt Barnes, and Andre Iguodala.
Not just are players getting involved in the world of cryptocurrency, but many NBA teams have also started to invest in blockchain technology.
The Sacramento Kings are the most notable example, as they became the first professional sports team to accept Bitcoin payments back in 2014.
Football
While basketball may have been one of the first sports to start embracing cryptocurrency, it has since been joined by its close cousin, football. This is evident by the number of NFL players already invested in cryptocurrency, including Tom Brady, Russell Wilson, and Matthew Stafford.
Like basketball, many NFL teams have also started investing in cryptocurrency and blockchain technology, with NFL predictions now about crypto and how to use it.
The Dallas Cowboys are the most notable example, as they partnered with Ethereum to provide fans with a blockchain-based platform to buy tickets and merchandise.
Hockey
Hockey is another sport that has started to invest in cryptocurrency in a big way. This is evident because many current and former NHL players have already invested in Bitcoin, including Tyler Seguin, Mats Zuccarello, and Alex Ovechkin.
Additionally, several NHL teams have also started investing in cryptocurrency. The most notable example is the Tampa Bay Lightning, which partnered with Blockstream to create its cryptocurrency, Lightning Bitcoin.
Baseball
baseball has also started to invest in cryptocurrency in a big way. This is evident because many current and former MLB players have already invested in Bitcoin, including Bryce Harper, Alex Rodriguez, and Derek Jeter.
Similarly, several MLB teams have also started investing in cryptocurrency. The most notable example is the San Francisco Giants, who became the first professional sports team to accept Bitcoin payments back in 2014.
Golf
golf has also started to invest in cryptocurrency in a big way. This is evident because many high-profile golfers have already invested in Bitcoin, including Tiger Woods, Phil Mickelson, and Rory McIlroy.
Additionally, many golf courses have also started accepting Bitcoin payments. The most notable example is the World Golf Foundation, which partnered with a company called BitPay to enable Bitcoin payments at some of its affiliated golf courses.
Racing
Racing has also started to invest in cryptocurrency in a big way. This is evident because many high-profile racing teams have already begun investing in Bitcoin, including Red Bull, McLaren, and Ferrari.
Additionally, many racing tracks have also started to accept Bitcoin payments. The most notable example is the Circuit of the Americas, the first Formula 1 racetrack to accept Bitcoin payments.
Mixed Martial Arts
Mixed martial arts has also started to invest in cryptocurrency in a big way. This is evident because many high-profile mixed martial arts fighters have already begun investing in Bitcoin, including Conor McGregor, Ronda Rousey, and Brock Lesnar.
In addition, many mixed martial arts organizations have also started investing in cryptocurrency. The most notable example is the Ultimate Fighting Championship, which partnered with a company called Block. one to launch its cryptocurrency, UFC Coin.
Verdict
The world of sports and cryptocurrency is becoming more and more intertwined. Sports teams and athletes are beginning to see the benefits of investing in cryptocurrency and blockchain technology as they explore NFL expert picks. This trend is likely to go on as the benefits of cryptocurrency become more widely known and accepted.
