Australian baseball club Perth Heat has announced a partnership with Bitcoin payment processor OpenNode to accept and make payments in Bitcoin (BTC). The partnership allows Perth Heat to pay professional players and staff in Bitcoin.
According to the announcement, the professional sports club will send and receive payments in Bitcoin over the Lightning Network. In addition, the partnership with OpenNode allows the Perth Heat organization to accept Bitcoin payments for sponsorships, merchandise and other revenue streams.
Taking things a step further, Perth Heat has also rebranded itself as “the Bitcoin baseball team.”
The club has listed Bitcoin-branded merchandise on its official website. Showing a long-term commitment to mainstream Bitcoin adoption, the announcement stated:
Steven Nelkovski, the CEO of Perth Heat, believes that embracing the underlying values of the Bitcoin protocol “will inspire others to embrace a monetary system that demands value creation to thrive.” According to the club’s “chief Bitcoin officer,” Patrick O’Sullivan:
Related: Australian Senators pushing for country to become the next crypto hub
The Land Down Under has ramped up efforts to allow regulated crypto adoption this year. On Oct. 20, an Australian Senate committee called for a complete overhaul of crypto legislation and licensing.
As Cointelegraph reported a few days later, the Australian Securities and Investments Commission also released a guideline that greenlit Bitcoin- and Ether (ETH)-based exchange-traded products (ETPs):
A recent survey conducted by Crypto.com found that Australian citizens are equally keen to explore crypto investments. Out of the polled 2,020 Australians between 18 and 59 years of age, 26% responded that they would consider giving crypto for Christmas or buying crypto-related gifts.
According to Crypto.com general manager Karl Mohan, “Australians are clearly very keen to adopt cryptocurrencies and integrate their use into day-to-day spending.”