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AMC Cinemas Considers Accepting Shiba Inu as Payment Amid Growing Interest

AMC Theaters, the world’s largest cinema chain Considering adding Shiba Inu (SHIB) as a way to pay for tickets

On Friday, Adam Aron, CEO of the cinema chain A Twitter poll asked the crypto community if they would be interested in paying movie tickets with Shiba Inu.

Acquiring some theaters in 2016, AMC has become the world’s largest cinema network, with 2,866 theaters in 358 in Europe and 7,967 in 620 in the US.

Shiba Inu – Potential Payment Method

AMC Theaters is in the process of integrating payment options for movie tickets using Bitcoin, Litecoin, Ethereum, and Dogecoin, so this latest development should come as no surprise.

On Friday, Shiba Inu overtook Dogecoin to become the ninth largest cryptocurrency by market cap. with a market value $40,476,844,035 meme up 5.13% in the last 24 hours

Related reading | By the numbers: How much is $1,000 in SHIB worth?

Early on Friday, Aron took to his Twitter page asking users if the company should accept online payments on Shiba Inu, in addition to other cryptocurrencies. that the company is working on

Opinion polls already have a significant number of interactions. Although there are still four days left to vote. At the time of writing, 121,916 Twitter users have voted. So far, 87% support the cinema chain that recognizes SHIB, while 13% disagrees with the idea.

However, this is not Aron’s first Twitter poll of its kind, the first poll conducted in September. It is about whether AMC Theaters should accept competitor Dogecoin. The poll also received a lot of attention. And after the vote was over, Aron expressed his fascination with the number of interactions received.
Among those who liked his tweet was Tesla CEO and dogecoin contributor Elon Musk.

AMC and Crypto Theaters

The multinational entertainment giant has shown serious interest in blockchain technology recently.

Last week, during an interview with CNBC, CEO Adam Aron discussed AMC’s ambitions. He said, “In the past few months we’ve made a lot of noise about hyperactivity in cryptocurrencies.” He also said. Discussing the possibility of issuing crypto for specific companies

Related Reading | Using Crypto Boosts Travel: Travala Rises from the Ashes

in august The company has expressed its intention to include Bitcoin payment for movie tickets in its infrastructure by the end of the year.

In the following months, the theater giant expanded those crypto payment options to include Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). Their movies with crypto at AMC cinemas, these new payment methods will be available by the end of the year.

SHIB trading at $0.0000736 | Source: SHIBUSD on TradingView.com

Earlier this month, AMC added Dogecoin to its list of crypto payment options. However, this will be added in early 2022. The company also announced that users can purchase digital gift cards with Dogecoin and other cryptocurrencies. using BitPay wallet

So was the CEO of AMC Cinemas last month. specify Interest in making commemorative movie tickets as non-transferable tokens (NFTs) during a CNBC interview.

Featured image by Financial Times, Chart by TradingView.com