The Oakland Athletics have continued their engagement with cryptocurrency by becoming the first Major League Baseball (MLB) team to sell tickets in exchange for Dogecoin.
The A’s announced on Monday that they would once again offer fans the chance to purchase game tickets at RingCentral Coliseum using cryptocurrency. Fans were offered a two-seat pod in the Plaza Infield for 100 Dogecoin for the May 3-6 series versus the Toronto Blue Jays.
Earlier this year, the A’s made full-season suites available for one Bitcoin, becoming the first MLB team to price a ticket offering in cryptocurrency. Following Monday’s announcement, A’s president Dave Kaval tweeted that the tickets on offer were soon snapped up, adding that the club had “just processed (the) first Dogecoin transaction” in MLB history.
Dogecoin was initially launched by its founders in 2013 to poke fun at the growth of altcoins through making the doge internet meme into a cryptocurrency, but has seen its value soar of late. One Dogecoin was priced at $0.668620 at 2pm GMT today (Wednesday), valuing the tickets sold by the A’s at around $67 (£48/€56).
In March, NBA basketball team the Dallas Mavericks said they had become the first US professional sports team to accept Dogecoin for online tickets and merchandise purchases.
The A’s last month revealed details of the financial offer they had made to the city council for a new ballpark at Howard Terminal, with the total costs set to reach at least $12bn when incorporating the nearby mixed-use development.
Image: Fastily/CC BY-SA 4.0/Edited for size