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The world of sports has made a significant entry into the cryptocurrency space and is using it to attract sponsors, engage global markets, and monetize fan engagement in ways that were unimaginable a few decades ago. Bitcoin and other cryptocurrencies have been incorporated and accepted as payment options on a plethora of sporting platforms. The utility of cryptocurrencies has attracted notable stars, big clubs, and now cuts across virtually every sporting industry. Some clubs such as Sacramento Kings have taken it a step further by offering to pay players’ salaries and transfer fees in cryptocurrencies.