Mark Cuban is a trendsetter and trailblazer, that likes to make main strikes first. Cuban introduced this week that his Dallas Mavericks will start to just accept the favored cryptocurrency dogecoin for purchases of tickets and merchandise.
Cuban was requested why they’re making the transfer and gave a easy response.
“Because we can!” mentioned Cuban, per Isabelle Lee of Markets Insider. “Sometimes in business, you have to do things that are fun.”
Cuban informed Mavericks followers who do not perceive Dogecoin or cryptocurrency to ask their teenage kids who use the video app TikTok: “They will be able to explain it all to you,” he mentioned.
Dogecoin, which is at the moment buying and selling round $ 0.05 per coin, started in 2013 as a joke primarily based across the well-known Doge meme. It has since gained legitimacy although after boosts from movie star backers comparable to Tesla CEO Elon Musk and is up practically 2,000 p.c in simply the final yr alone.
Will different NBA house owners observe Cuban’s lead? Solely time will inform.