Litecoin (LTC) Marks Another Important Achievement For Its Adoption
2019 has been said to be the year of crypto mass adoption, and the truth is that more projects have been making lots of moves towards this remarkable achievement.
Litecoin has been showing the crypto space strong efforts in this direction as well.
Litecoin makes more moves towards adoption
Litecoin has just become the official crypto of the Miami Dolphins football team.
The Litecoin Foundation has just revealed the partnership in a press release during the past week, and it said that they’d grant LTC in-game branding and advertising at the team’s stadium and across its online properties and digital content as well, reports the Daily Hodl.
Charlie Lee said the following about this latest achievement:
“This collaboration propels Litecoin in front of an audience of millions of people around the world at a time where adoption of cryptocurrencies continues to gain momentum, and the ecosystem is able to support real-world use cases in ways previously not possible.”
Home game attendees will be able to pay for tickets to the team’s 50/50 raffle with BTC and LTC.
Half the proceeds of the raffle will benefit the Miami Dolphins Foundation and the charitable causes.
The Daily Hodl reveals Litecoin’s high-profile pop culture and sports partners:
- Mixed martial arts promotion company UFC
- Pro sports league GLORY
- K-Pop concert production company, C&U Entertainment Global
- A crossover radio station, Young Country, from chart-topping producer Polow da Don
Litecoin price predictions
Litecoin’s creator, Lee believes that novice crypto investors should prepare themselves for risks.
During an interview on Crypto Love, Lee brought up the warnings that he gave to investors back in 2017 when LTC’s value was boosted to the moon.
Lee says he thinks Litecoin hopefully “bottomed out” already.
He also brought up the halving event and said: “the halvening should be priced in because everyone knows about it since the beginning. But the thing is people kind of expect the price to go up.”
Ex-Google engineer, Charlie Lee is the creator of Litecoin and MD of the Litecoin Foundation. Previously Director of Engineering at Coinbase, Lee now focuses full-time on Litecoin. To enhance fungibility and privacy of LTC, integration of MimbleWimble has begun, however Lee has recently announced a crowdfunding launch to fund the development.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.