The NFL is set to officially open its first virtual currency trading platform for 2018, the league announced today.
The NFLPA announced today that the league’s Virtual Currency Exchange will allow players and owners to trade in virtual currencies for real-world money, which is currently not available on the league website.NFL Commissioner Roger Goodell, who joined the league in January, said the exchange will allow the league to further diversify its revenues.
In addition to allowing players and teams to trade real-time money, the NFL will also be able to offer players and team owners access to trading virtual currencies.
Players and team owner access to virtual currencies via the NFL Virtual Currency exchange will be available starting with the 2019 season.
The NFLPA said the exchanges will be accessible to any player or team who wants to use the service.
While some virtual currency enthusiasts believe that a virtual currency is a new type of money, others have long argued that it is just a “paper money” used by governments to fund the nation’s infrastructure.
According to the U.S. Department of Treasury, “virtual currencies” are currency that are created or created by a computer program, usually using a computer’s “central bank” to manage them.
The Department of the Treasury has determined that the virtual currencies that exist today are not “real” money, and that they are “not backed by anything tangible.”
The Department’s statement, which was released as part of a public-private partnership between the U, U.K. and the U (US) governments, also said virtual currencies are not backed by “any kind of government, economic, legal, social, political, or other authority.”
The NFL is the first NFL franchise to accept virtual currency as a payment option.
The league’s new virtual currency exchange, which will allow virtual currency exchanges, will allow owners and players to trade for virtual currencies on NFL.com, NFL Network and other NFL websites.NFL officials said the NFL is looking forward to continuing to expand the platform and continue to create opportunities for players and fans to engage in virtual currency.
“We believe this new platform is the most innovative way for the NFL to bring new revenue streams and opportunities to our fans and players,” NFLPA Executive Director DeMaurice Smith said in a statement.
“We look forward to working with the NFLPA to make this platform a reality.”