The Sacramento Kings of the NBA are starting their auctions equipment via the Blockchain

January 17, 2020 by Antoine

In an official statement, the Sacramento Kings, a professional basketball team in the us has announced the launch of a project sale of equipment by auction via a platform that Blockchain.

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Auction virtual and transparent

The choice of the Blockchain as a platform to bid for the equipment responds to a need for transparency for the Kings. In the press release, the team says that this technology allows fans to buy on any security ” of authentic products worn by the game in real time “.
Following the announcement, the Blockchain developed by Consensys will be used for the auction. In this perspective, it is the jersey of King Guard Buddy Hield, who will be the first product launched on the platform.

Sacramento Kings continuing its investment in the Blockchain

Aware of the opportunities that the technology Blockchain can bring in the world of sport and specifically in the big leagues-profile as the NBA, the team of Kings has begun to experiment with the area of crypto-currencies in 2014 by accepting payments in bitcoins for goods.
A few years later, other developments related to the Blockchain, such as the creation of crypto-objects of collection (based on the network Ethereum) have been brought closer to the fans of the team.
In 2016, the Kings have even been named “the team with the most innovative of the sport” for its ability to involve the new technologies in its ecosystem.
Moreover, the launch of this auction platform will be a campaign for the rest of the teams in the NBA trying to sell quickly, and above all with maximum safety, the sporting memories u.s., now accounting for not less than 5.4 billion dollars.
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