AMC Theaters’ acceptance of Dogecoin follows viral community appeal

AMC Theaters' acceptance of Dogecoin follows viral community appeal



Following an overwhelming positive response to a Twitter poll on Sept. 21, CEO of AMC Theater, Adam Aron announced Wednesday that the chain would officially accept Dogecoin payments for digital gift cards via BitPay Wallet. 

The Dogecoin community — notoriously passionate for adoption initiatives — tweeted in droves to advocate for the asset’s integration within the theater’s payment options. Following the successful endeavor, users can now purchase up to $200 worth of digital gift cards per day. These cards can then be redeemed by theater goers in cinemas across the United States.

Aron was pleasantly surprised by the mass attention, reporting over 6 million views and 140,000 votes on his post, including distinguished Doge fanatics Elon Musk and Mark Cuban. He also claimed that the viral tweet was his “most retweeted, most replied, most liked tweet ever.”

Related: Crypto is impossible to destroy, says Tesla CEO Elon Musk

Phemex

AMC Entertainment have already expressed intent to accept four other cryptocurrency assets: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) by the end of 2021. According to the latest data from October 2020, the institution has 620 theaters across the United States, and a further 358 theatres across Europe.

As cryptocurrencies emerge into the mainstream consciousness, positioned to consumers as liberating alternatives to traditional fiat currencies, a new wave of public venues are transitioning their technological infrastructure to accomodate this demand.

Cointelegraph reported in March 2021 that Thailand’s largest movie theater operator Major Cineplex Group were piloting a nation-first inaugurate crypto project. This will enable movie-goers to purchase tickets and passes with established digital assets such as Bitcoin.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You have not selected any currency to display

Pin It on Pinterest

Ico-Investor
Coinmama
Ico-Investor
AMC Theaters' acceptance of Dogecoin follows viral community appeal
Phemex
Blockonomics
XRP price fails to respond to two extremely bullish developments — Here is why
VanEck to launch Avalanche ecosystem fund
Binance Delisting Announcement Causes Free Fall For 3 Altcoins
Quantum Biopharma adds to crypto holdings
Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE
Filecoin, Lockheed Martin test IPFS in space
BTCC
Bybit
Technical Indicators Point to $2,100 Target in Near-Term
Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures
US big banks hold early talks on joint crypto stablecoin: WSJ
Solana price fractal targets rally to $260, but one thing must happen first — Analysts
Crypto awareness in Singapore hits record 94%, but ownership falls
Technical Indicators Point to $2,100 Target in Near-Term
Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures
US big banks hold early talks on joint crypto stablecoin: WSJ
Solana price fractal targets rally to $260, but one thing must happen first — Analysts