Sacramento Kings NBA Franchise Launches Bitcoin-Only Online Store

The Sacramento Kings launched a bitcoin-only online store on 3rd April with the help of BitDazzle.

AccessTimeIconApr 3, 2014 at 7:25 p.m. UTC
Updated May 2, 2022 at 3:45 p.m. UTC

The Sacramento Kings NBA Franchise has officially launched a bitcoin-only marketplace on BitDazzle, a purchasing platform for online merchants that specializes in bitcoin.

The news follows the announcement that the Kings would become the first US professional sports team to accept bitcoin this past January, when the team inked a deal with Georgia-based merchant processing specialist BitPay.

The new website, KingsBitcoin.com, is a co-branded effort between the two organisations that will allow Kings fans to purchase gear, merchandise and tickets using bitcoin.

In an official statement, Kings President Chris Granger indicated that the Kings have been looking to provide more cashless transaction options to fans, and that as a result, the partnership was in line with the franchise's larger goals.

Said Granger:

"We're constantly looking for the next technological breakthrough that benefits the team and our fans."

All merchandise on the site can be paid for in bitcoin. Further, those who do not have a bitcoin wallet can sign up for one via the website.

Purchasing options

At press time, a number of purchasing options were available on KingsBitcoin.com, including T-shirts, jerseys and basketballs.

The most expensive item listed was a Kings MVP Experience, which includes a limousine trip to and from the game for four, four VIP passes complete with complementary food and beverage, and four Kings polo shirts.

This item was listed for $4,500 or 10.01 BTC.

Sacramento kings bitcoin store

The Kings All-Access Experience, which features a locker-room tour, autographed Kings jerseys, lower-level tickets and a chance to watch pregame warm-ups with coach Michael Malone is also available for $3,500 or 7.79 BTC.

Those who select items can then checkout by first providing their details such as their address, email address and phone number.

sacramento kings bitcoin website

About the partnership

Though notable for the Kings, the launch is also a first for BitDazzle.

Founded in October, BitDazzle is a partnership between San Francisco-based bitcoin wallet provider Coinbase and Cashie Commerce, an online platform that allows businesses to easily start websites or blogs.

The launch is the first on the BitDazzle enterprise platform, a new offering that lets major brands and charities quickly launch co-branded storefronts.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
Massachusetts Warns of Crypto Scams Targeting LGBTQIA+ Community

Scammers may be taking advantage of June being Pride Month to target this community.

CoinDesk - Unknown
2
CoinDesk - Unknown
Final Toncoin Mined Ahead of Transition to Proof-of-Stake

From now on, new toncoins will only enter circulation by PoS validation, resulting in a decrease of new TON entering the network by about 75% to 200,000 daily.

CoinDesk - Unknown
3
CoinDesk - Unknown
First Mover Asia: Chip Maker Nvidia Isn’t an Ether Proxy, Bitcoin Holds Near $21K

Crypto mining aided Nvidia's bottom line, but it hasn't been a major cause of the stock's steep decline. Ether falls but hovers around $1,200.

CoinDesk - Unknown
4
CoinDesk - Unknown
CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues

CoinFLEX said last week it was halting withdrawals amid market declines and counterparty uncertainty.

CoinDesk - Unknown