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| AMC Studying How to Accept Chiba Cryptocurrency |
American movie chain AMC said it is investigating how Shiba and other cryptocurrencies such as Bitcoin and Dogecoin are accepted.
In addition, it is clear that AMC is looking for its own cryptocurrency. AMC's stance on comical cryptocurrencies and their acceptance of real goods and services in exchange for real goods and services does not seem surprising.
During the pandemic, Reddit merchants saved AMC. Since then, the head of the company has been highly dependent on the company's relationship with these shareholders.
The company’s head posted a survey on Twitter last month asking followers whether the company should expand an acceptable cryptocurrency that can be used to purchase AMC gift cards through BitPay.
Adam Aaron wrote at the time that the company’s IT team wrote a code to enable us to quickly make online payments in Bitcoin, Ethereum, Litecoin, Dogecoin, etc.
He asked whether the list of accepted currencies should be extended to the Shaybah. Given the company's participation, the respondent's answer is yes, which is not surprising.
The company had previously announced that it would accept Bitcoin as a feature or something before the end of the year. Aron said at the company's shareholder meeting this week that AMC should achieve that goal.
Aaron also noted that the AMC is currently looking at how to improve crypto adoption. Including the ability to launch its own currency and partnering with movie theaters to bring NFT to the premiere of blockbuster movies.
Dogecoin accepts digital gift cards
“I can confirm that over the past few months we have had discussions with third parties about how we accept cryptocurrency and whether AMC might consider offering our crypto,” Aaron said. I can also assure you that we are currently in discussions with several major Hollywood studios about the concept of a joint NFT memorial project in relation to the major films shown in our cinemas.
Currently, the company is expected to accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash before the end of the year. Aaron said the company expects to be able to accept Dogecoin in the first quarter of next year. Meanwhile, Shiba is the next cryptocurrency in our plan.