The company, famous for its low-cost movie theater subscription, is partnering with Sui. They plan to integrate USDC, a popular stablecoin, as a way for users to pay for their subscriptions. This news was revealed at Token 2049, a crypto event in Singapore.
MoviePass Returns
MoviePass, originally launched in 2011, quickly became famous for its $9.99-per-month plan that lets people see unlimited movies in theaters. After some ups and downs, MoviePass came back with a new approach. Now, users get a credit-based system where they can watch a certain number of movies each month.
USDC Integration
With the new partnership, users will be able to use USDC to pay for their subscriptions, which makes it easier to pay with digital money. But that's not all. MoviePass also has plans for on-chain rewards that users can earn based on how often they use the service. These rewards could include digital collectibles, adding some extra fun to the movie-going experience.
New 'Fan Staking' Feature
One of the most exciting new features MoviePass is working on is called 'fan staking.' The idea is that fans can support their favorite movies and earn rewards at the same time. MoviePass says it wants to give its users a say in the future of entertainment, and staking could be one way to do that. For now, the plan is focused on U.S.-based users, but MoviePass aims to create a system that blends traditional movie subscriptions with cutting-edge crypto technology.
The partnership between MoviePass and Sui opens new opportunities for users, providing more convenient and interesting ways to utilize movie theater services along with crypto technology integration.
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