NBA Gamers Klay Thompson, Andre Iguodala to Obtain Wage Portion in Bitcoin, Give Donations in Crypto

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NBA stars Klay Thompson and Andre Iguodala have determined to obtain part of their subsequent salaries in Bitcoin crypto tokens. Each the gamers are a part of NBA’s Golden State Warriors staff primarily based out of San Francisco. The basketball gamers have additional determined to donate $1 million (roughly Rs. 7.38 crore) in Bitcoins amongst followers. That basically means, the gamers might be making a gift of 23.70 Bitcoin tokens with every priced round $42,000 (roughly Rs. 31.2 lakh). Thompson up to date his 1.6 million followers on Twitter.

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In a message to his followers, 31-year-old Thompson stated Bitcoin is the way forward for cash.

The NBA participant additionally revealed that he, together with Iguodala, has partnered Jack Dorsey’s Money App to facilitate the conversion of their salaries into Bitcoin and intermediate the donations.

Iguodala has additionally posted details about his Bitcoin giveaway on his Twitter deal with.

This isn’t the primary time nonetheless, that NBA gamers and different athletes have demanded funds in cryptocurrencies.

Billionaire investor Mark Cuban’s staff Dallas Mavericks has additionally been accepting funds utilizing digital property through BitPay since 2019.

In Could 2019, Russel Okung from the Nationwide Soccer League (NFL) had develop into one of many first sportspersons to have demanded cost in Bitcoin. His demand was met a yr later in 2020.

In 2021, American footballers Aaron Rodgers together with Odell Beckham Jr additionally determined to take their compensations in Bitcoin tokens.

In December final yr, Washington DC-based Monumental Sports activities and Leisure (MSE) partnered with crypto alternate FTX US to permit sports activities lovers to interact in crypto actions and buy official non-fungible tokens (NFTs) associated to their favorite sports activities.

Actually, NBA itself has additionally signed a multi-year cope with American alternate Coinbase for crypto-related initiatives.


Considering cryptocurrency? We talk about all issues crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Devices 360 podcast. Orbital is out there on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts. 

Catch the most recent from the Client Electronics Present on Devices 360, at our CES 2022 hub.

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