According to Foresight News, a spokesperson for the Dogwifhat on Vegas Sphere team recently stated that after hearing about the "sphere wif hat" plan, Sphere representatives have formulated new "cryptocurrency-specific" terms and held internal meetings to formulate cryptocurrency-related policies in response to this initiative. The team is still working with them to meet their standards and requirements. In addition, it stated that if the negotiations fail for any reason, all funds will be returned to the donors.
Foresight News previously reported that the "sphere wif hat" project of the dogwifhat (WIF) community successfully raised $650,000 in March. The raised funds will be used to display advertisements in the MSG Sphere (a huge spherical LED venue), a new landmark building in Las Vegas, USA.