On Tuesday morn, Regal, a pic operator of more than than 500 locations and 7,000 screens in 42 states plus D.C., announced it would exist partnering with digital payment network Flexa to enable its customers to pay for moving-picture show tickets, food and beverages in crypto. Regal will accept a broad diverseness of coins and tokens, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Doge (DOGE), USD Money (USDC), DAI (DAI), Gemini Dollar (GUSD), Chainlink (LINK), Cosmos (Cantlet), Bones Attention Token (BAT) and more.

Flexa is known for its ability to guarantee payments for real-world applications. In times of peak activeness on blockchains such as BTC or ETH, it tin have hours or days for transactions to exist verified. By leveraging the market value of its underlying ERC-20 token Amp equally collateral, Flexa says it can ensure that the transactions information technology handles will always go through. Meanwhile, Amp token holders earn a reward for putting their capital letter at risk.

Ken Thewes, main marketing officer at Regal, said the following in regards to the development:

This exciting partnership enables us to hands and seamlessly take digital currencies [...] across our theatre footprint in a uncomplicated and completely contactless way, providing our guests with the flexibility and prophylactic they deserve equally nosotros embark on a new era.

Trevor Filter, co-founder of Flexa, added:

Nosotros're very pleased to partner with Imperial equally we work to enable universal digital currency payment options for movies and more than, and help bring the futurity of payments to cinema.

Majestic isn't the only theatre chain in the land that's adopting cryptocurrency. Before this month, AMC began accepting BTC for online movie ticket purchases. AMC's CEO likewise received overwhelmingly positive feedback asking if customers wanted the company to have Shiba Inu as payment in a Twitter poll.