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Image: Crypto. After announcing a new multiyear renewal agreement with AEG US , the drink industry company Coca-Cola is expanding in the crypto industry. The drink industry company also manufactures, sells and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. A cryptocurrency is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a Government or bank, to uphold or maintain it. Los Angeles US -based the AEG Global Partnerships creates innovative experiences for brands to reach their desired audience at relevant moments, both in person and online. It is constantly working to deliver the best entertainment experience for millions of engaged sports and live music fans throughout the world. The 20,capacity Crypto. It was originally known as the Staples Center. Coca-Cola has been actively exploring the potential of blockchain technology, cryptocurrencies and non-fungible tokens NFTs. The company has shown interest in leveraging these technologies to enhance its brand presence and engage with its global audience in new and exciting ways. Coca-Cola has also tried to integrate blockchain technology into its supply chain management. Additionally, Coca-Cola has ventured into accepting cryptocurrencies as a form of payment. In collaboration with Centrapay New Zealand-based financial services provider , the company enabled Australian and New Zealand residents to purchase Coca-Cola products from vending machines using Bitcoin and other cryptocurrencies. The non-fungible tokens NFTs are digital assets that represent unique items. They are recorded on a blockchain and can be used to prove ownership of digital or physical items. The NFTs are a type of crypto asset. The Bitcoin is a decentralized digital currency. The Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in by an unknown entity under the name Satoshi Nakamoto. Each with a capacity of 12 occupants, the four new Tunnel Suites offer an ultra-private luxury experience hidden away from the court and the arena bowl with 12 of the best seats in the house to view the event from. By contrast, the Terrace Suites are easily visible to the bowl and offer 14 guests an elevated all-access experience just off the main concourse. Both the Tunnel and the Terrace Suites come with tickets to all sporting events including playoff games, concerts and shows with the Tunnel Suite owners also receiving exclusive parking under the arena for sporting events using the same ramp as the athletes — putting them just steps from their seats. Remarked Lee Zeidman, President , Crypto. Our team worked incredibly hard all Summer along with our contractors to get this phase done in time for the highly anticipated NBA and NHL seasons. I want to thank everyone associated with the project who worked diligently through a packed Summer schedule of events. We look forward to welcoming guests back to the Crypto. LIVE , a four million square foot sports and entertainment district. The theater has 7, seats and is one of the largest indoor stages in the United States. Set to soft open to the public this Fall, the fully immersive, custom-designed space is a remarkable addition that will provide visitors with an interactive opportunity to experience the brand up close and personal. The new Coke Studio will also feature exclusive branded merchandise and product offerings, along with music-focused activations, podcast recordings, live performances, artiste appearances, and more year-round. Continue to follow Coliseum for latest updates on venues business news. Coliseum is dedicated towards building the best global community of sports and entertainment venue executives and professionals creating better and more profitable venues. Become a member of the only Global Sports Venue Alliance and connect with stadiums, arenas and experts from around the world. Apply for membership at coliseum-online. Toggle navigation. Watch member-exclusive videos with valuable tips for your venue. Related News Ontario blue-ribbon multiuse sports complex. Pimlico revamp to revive Preakness peak period. Bears unveil Chicago lakefront venue plans.
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