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Oxford City Football Club accepts bitcoin for matchday tickets

Published on

February 3, 2023
Read Time:2 Minute, 47 Second

The introduction of Bitcoin (BTC) funds within the UK has simply recruited a brand new participant. Oxford Metropolis Soccer Membership goals to turn out to be the primary Nationwide League soccer membership to simply accept matchday funds in BTC when the season begins on August 6.

Followers should buy tickets, meals and drinks at Oxford Metropolis's RAW Charging Stadium utilizing Bitcoin through the Lightning Community. Conventional cost strategies akin to money and card are nonetheless accepted.

Oxford Metropolis Soccer Membership (OCFC) presently performs within the sixth tier of English soccer, the Nationwide League South. The membership entered right into a multi-year partnership with CoinCorner, a Bitcoin firm primarily based within the Isle of Man. CoinCorner will likely be a membership again sponsor and can launch a restricted version Oxford Metropolis FC Bolt Card to mark the event.

The Bitcoin brand on the again of the OCFC shirt. Supply: CoinCorner

The hoops, as they're recognized domestically, will characteristic a BTC brand on the again of their jerseys as a part of the partnership between CoinCorner and the staff. CoinCorner can also be the official match sponsor for the Oxford Metropolis FC (OCFC) opening recreation on August sixth.

On the identical day, Peter McCormack's pro-bitcoin soccer membership, Actual Bedford, will settle for bitcoin for matchday tickets. Nonetheless, the Bedford staff play in a decrease, native league, the Spartan South Midlands League.

CoinCorner CEO Danny Scott said that OCFC was the “first adopter of bitcoin funds within the Nationwide League.” Scott continued:

"We consider this transfer will set a pattern within the Non-League and Soccer League divisions as digital forex establishes itself as the brand new regular for sports activities followers and event-goers throughout the UK."

Coach Carbon, bitcoin proponent and founding father of OxBit, the bitcoin gathering in Oxford, defined to Cointelegraph how the deal took place. In December 2022, OCFC hosted the Bitcoin Ballers Winter Cup Pageant - a Bitcoin-centric soccer day.

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OxBit has since hosted varied conferences on the membership's premises and Carbon continues to advocate for Bitcoin adoption throughout the town. Carbon maintained a relationship with the soccer membership's new industrial director and had "quite a few casual discussions about group engagement and help by way of occasions and schooling".

“A 3-way assembly was organized and issues moved from there as soon as the soccer membership understood and will see the affect CoinCorner may have when it comes to bitcoin schooling and adoption.”

Talking on the membership, Justin Merritt, director of soccer at Oxford Metropolis FC, said: “Greater than 3.3 million individuals dwelling within the UK now maintain bitcoin – a rise of round 1,000,000 individuals within the final yr alone.”

Cointelegraph reported in June 2021 that as much as 2.3 million Brits personal BTC, based on an FCA report, whereas a Coinbase report extends that determine to incorporate as much as a 3rd of Brits who're crypto-curious. Merritt continued:

"It is not obligatory for individuals to have interaction with our new expertise, however we consider that over time, cost through bitcoin will turn out to be the brand new regular in English soccer."

Throughout the UK, grassroots adoption of bitcoin is rising, whereas Edinburgh seems to be ahead to internet hosting a bitcoin convention this October.

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Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : February 3, 2023
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