Shiba Inu and Dogecoin now accepted by AMC Theaters
AMC has finally added support for Dogecoin and Shiba Inu after months of anticipation
AMC Theatres, the largest movie theater chain in the world, has finally started accepting Dogecoin and Shiba Inu after months of teasing the communities behind the two leading meme coins.
The announcement was made earlier this Thursday by CEO Adam Aron on Twitter.
Image by twitter.com
Aron gave a “special” shout-out to cryptocurrency payment processor BitPay, making it possible to accept Dogecoin and Shiba Inu.
As reported by U.Today, AMC was originally supposed to add support for the two dog coins to its website and mobile app on March 19, but the addition happened more than a week earlier.
The cinema chain conducted Twitter polls to find out whether it should go further with the integration of Dogecoin and Shiba Inu. After hearing a resounding yes from the communities, Aron said his company had started enabling payments in those two cryptocurrencies.
AMC allowed its customers to pay for tickets and concessions using Bitcoin, Ethereum, and several other cryptocurrencies in November.
For now, Aron isn’t sure if the cryptocurrency will play a big role in his business. As reported by U.Today, the 67-year-old executive recently told Fox News to “wait and see” if this would be the case.
More conventional payment methods, such as Google Pay and Apple Pay, currently account for more than half of the company’s ticket purchases.
Aron came up with the idea of issuing AMC’s own cryptocurrency in November, but the plan is still in the air.
The company has also dipped its toes into the non-fungible token space. In January, it gave away more than half a million “I Own AMC” NFTs to its shareholders.