The company, famous for its low-cost movie theater subscription, is partnering with Sui.
MoviePass Embraces Crypto with USDC Integration
The platform was originally launched in 2011 and 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. But the company’s latest plan brings more than just movie tickets—it brings crypto!
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.
Sui 🤝 @MoviePass
We’re partnering with MoviePass to help decentralize the film industry—empowering movie producers with innovative tools and enabling fans to influence how their favorite films come to life.
🎬 And that’s just the start! MoviePass will soon accept native USDC… pic.twitter.com/jshPXkBu0H
— Sui (@SuiNetwork) September 17, 2024
One of the most exciting new features MoviePass is working on is called “fan staking.” It’s still in the works, but 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 is aiming to create a system that blends traditional movie subscriptions with cutting-edge crypto technology. By using USDC on Sui, users can enjoy a smoother experience while still getting all the perks they’ve come to expect from MoviePass.
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