August 9, 2022

NBA’s Sacramento Kings Partners with Ankr to Support The Growth of Blockchain Industry

2 min read

The professional NBA team – – the Sacramento – Kings – and the blockchain company that provides cloud computing services – – Ankr – shook hands on a multi-year cooperation. Throughout the engagement, the two entities will produce instructional material about the cryptocurrency space and blockchain innovation.

The Kings’ New Crypto Endeavor

The National Basketball Association announced the news on its site. Apart from educating sports fans about the benefits of the digital asset market by hosting events and creating various jobs, the Sacramento Kings and Ankr will likewise make an annual occasion at Golden 1 Center (the house of the sports club). There it will invite trainees and developers to find out about the developments in the crypto space.

Golden 1 Center
Golden 1 Center, Source: NBA Vivek Ranadivé – Chairman and Owner of the Sacramento Kings – aired his ideas on the cooperation:

“Sports can be a powerful platform to inform and embrace development. We are proud to partner with Ankr to further align our synergies around forward-thinking efforts and offer fans instructional opportunities about the crypto economy.”

In his turn, Chandler Song praised the desire of the NBA team to look forward to brand-new technologies raising hopes that the initiative would “open a lot of brand-new doors for both sports fans and the crypto neighborhood:”

“We have actually visited the Kings data center for crypto mining inside their centers sometimes, and I appreciate the openness of the owner, Vivek, to accept new innovations. We are lined up in this mission to promote applications of Web 3 innovations.”

Speaking of Ankr, it is a software application platform and decentralized infrastructure provider. Established in 2017, it concentrates on the development of Web3 – – the third generation of web services for sites and applications. Ankr’s protocol also supports over 50 proof-of-work chains.

Incomes in Crypto for The Players

The Sacramento Kings – – among the basketball teams that has actually won the NBA – – has shown a pro-crypto position for many years. In 2014, it enabled fans to acquire tickets and merchandise items with bitcoin.

In April this year, Chairman Ranadivé revealed another step towards additional digital property adoption. He stated that all workers in the company might choose whether they would like to get their wages in the kind of bitcoin instead of the dollar:

“I’m going to use everybody in the Kings company; they can earn money as much of their wage in bitcoin as they want, including the players.”

The Dallas Mavericks is another NBA team that accepts digital property payments. In addition to Bitcoin, however, Mark Cuban’s club likewise allows settlements with Bitcoin Cash, Ethereum, Dogecoin, and more.

Included Image Courtesy of Bleacher Report