Is the crowd still wild for AMC? The CEO had a lot to talk about regarding crypto and blockchain.
Aron also shared his praise for the blockchain industry:"We continue to explore how else AMC can participate in the burgeoning crypto universe, and we remain quite intrigued by the potential business opportunity." Aron then added:
"AMC also picked up the capability to accept Apple Pay, Google Pay and PayPal online. Incredibly, in just a few months, these latter three forms of payment, along with cryptocurrency, already constitute more than 15% of our online ticketing activity, as was seen in the fourth quarter of 2021." But AMC has also been making grounds in the nonfungible tokens, or NFTs, space. Since last November, the company has completed four NFT campaigns, with more than 800,000 NFTs made available to consumers. These include NFTs offered as part of ticket sales formovies, and those given to shareholders as part of AMC investor connect. The company plans to roll out more NFT projects this year, both jointly with studios and on its own, citing its potential to increase attendance at AMC theatres.
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