Posted on Mar 17th 2021

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Dogecoin is a blockchain-based cryptocurrency, just like Bitcoin and Ethereum. It is a decentralized money system that does not involve third parties like central banks and governments. Transactions are done of a blockchain system between two users, and no one can get access to those assets sent to a particular address.

For the past couple of months, Elon Musk has been supporting and tweeting about Dogecoin, which gave the coin a good shoutout, and the market cap also increased during this period.

BitPay, which has led the way in blockchain payment processing, offers shoppers a total complete digital asset management system that incorporates the BitPay Wallet and BitPay Prepaid Card, empowering them to transform cryptocurrencies into cash for spending at online businesses and purchases.

The Mavericks has been accepting Bitcoin as a payment method for game tickets and products for nearly two years. It will presently be the first to acknowledge Dogecoin, a decentralized, distributed digital currency with a $6bn market empowering users to send money online.

Stephen Pair, CEO of BitPay, said: "The Dallas Mavericks are a long-term fan of digital money, opening up new freedoms for the team to offer tickets and products to its worldwide Mavs Fans forever (MFFLs) fan base.

"BitPay accepts that with proceeded cryptocurrency adoption. The business is arriving at an expression point that will always change customer certainty, trust and prepare for blockchain payments to disturb how buyers and businesses receive and spend money."

The Mavericks utilizes BitPay to handle all digital currency purchases incorporating tickets and product with all major cryptocurrencies, including BTC, BCH, ETH, LTC, USDT, GUSD, PAX, and BUSD and now DOGE.

BitPay empowers organizations to acknowledge digital currency as a type of payment system without purchasing, claim or manage crypto. 

Dallas Mavericks proprietor, Mark Cuban, said: "The Mavericks have chosen to acknowledge Dogecoin as an instalment system for Mavs tickets and product for one vital, notable explanation since we can!

"Since we can, we have decided to do as such. We have decided to do so because occasionally, you need to do fun, connect with, and ideally create a ton of PR. So, we will take Dogecoin today, tomorrow, and conceivably forever. For those of you who might want to become familiar with Dogecoin, we unequivocally urge you to converse with your young people who are on TikTok and get some information about it. They will want to disclose everything to you."

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