Dallas Mavericks Announces Rewards for Using Dogecoin to Buy Merchandise

Dallas Mavericks owner Mark Cuban continues to support Dogecoin (DOGE) by announcing rewards for those who spend the meme coin on merchandise.

team was the first in the league to accept Dogecoin payments for both merchandising and ticket sales. Now, Cuban wants to further increase the number of DOGE sales by adding incentives to the program.

Mavs Cryptomania program offers fans a refund for purchases made with Dogecoin at Maverick’s Official Online Merchandise Store. program will run from August 13 to September 20. Fans can win a $ 25 eGift card when they use Dogecoin to spend as little as $ 150 on a single transaction. gift card will be sent to the buyer within a week and can only be used at the Dallas Mavericks online store. Purchases may include in-store merchandise and lower-tier seating and suite tickets at any Mavericks home game.

Shortly after announcing the bounty program, Cubano tweeted that the Mavericks had completed more than 20,000 Dogecoin transactions to date. In response to the news, Dogecoin creator Shibtoshi Nakamoto tweeted that “if you want to support one of the first big-name sellers to evangelize DOGE for shopping, as @mcuban says, it’s ready for you.”

Despite the support, the Cuban has not invested much in DOGE

Cuban, who is a co-host of Shark Tank in addition to owning the Mavericks, has long been a staunch advocate for cryptocurrencies on social media. DOGE is one of the favorite topics for Cubans to discuss and has even been accused of influencing the market through its publications.

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This makes a recent Cuban announcement even more confusing for many. In discussing total merchandise sales at the Mavericks’ store through Doge, Cuban claimed to own less than $ 500 of the meme coin. He added that the Mavericks as a team had sold less than $ 15,000 worth of merchandise through DOGE sales, perhaps one reason for the new payback program.

news came when Cuban was asked if he owns more DOGE than BTC. His response was, “ Mavs have what we sold in merchandise. I personally own $ 494 worth of DOGE. “

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