Sacramento Kings Will Pay Their Employees With Bitcoins
The famous NBA team Sacramento Kings are about to offer Bitcoins as a payment option for any of their employees. Their CEO Vivek Ranadivé announced this at a Clubhouse meeting related to Bitcoin.
A venture capitalist Tim Draper invited him as one of the speakers, and Ranadivé confessed that he is going to announce these news officially in a few days. He is eager to pay all his employees including the players as much of their salary they would want.
Another participant of the meeting shared this information on his Twitter. It didn’t come out as a complete surprise because Kings were engaged with cryptocurrencies before multiple times. They held the Ethereum-based auctions, attempted to mine cryptocurrency and accept payments in Bitcoin since 2014.They also have their own fan token to reward the most active fans.