NBA Sacramento Kings Partners With Ankr To Support Growth Of Blockchain Industry

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The professional NBA team – the Sacramento Kings – and the blockchain company that offers cloud computing services – Ankr – shook hands in a multi-year collaboration. Throughout the engagement, both entities will produce educational content on the cryptocurrency space and blockchain technology.

The new crypto business of kings

The National Basketball Association announcement news on its website. In addition to educating sports fans on the merits of the digital asset industry by hosting events and creating various projects, the Sacramento Kings and Ankr will also host an annual event at the Golden 1 Center (the home of the sports club ). There, he will invite students and developers to learn about developments in the crypto space.

Golden 1 Center, Source: NBA

Vivek Ranadivé – President and Owner of the Sacramento Kings – shared his thoughts on the collaboration:

“Sport can be a powerful platform for educating and embracing innovation. We are proud to partner with Ankr to further align our synergies around forward-thinking initiatives and provide fans with educational opportunities on the crypto economy.

In turn, Chandler Song praised the NBA team’s desire to look forward to new technology, with hopes that the initiative “would open a lot of new doors for sports fans and the crypto community:”

“We have visited the Kings data center for crypto mining inside their facilities on several occasions, and I admire the openness of the owner, Vivek, to embrace new technology. We are aligned in this mission to promote the applications of Web 3 technologies. ”

Speaking of Ankr, it is a decentralized software platform and infrastructure provider. Founded in 2017, it focuses on the growth of Web3 – the third generation of Internet services for websites and applications. The Ankr protocol also supports more than 50 proof of work chains.

Crypto salaries for players

The Sacramento Kings – one of the basketball teams that have won the NBA – have displayed a pro-crypto stance for years. In 2014, it allowed fans to buy banknotes and derivatives with bitcoin.

In April of this year, President Ranadivé announced a new step towards greater adoption of digital assets. He said all employees in the organization could choose whether they wanted to receive their salary in the form of bitcoin instead of dollars:

“I’m going to offer everyone in the Kings organization; they can receive as much of their salary in bitcoins as they want, including players.

The Dallas Mavericks are another NBA team that accepts digital asset payments. In addition to Bitcoin, however, Mark Cuban’s club also allows settlements with Bitcoin Cash, Ethereum, Dogecoin, etc.

Featured Image Courtesy of Bleacher Report

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