Exciting news for crypto enthusiasts and devoted Taylor Swift fans (or more commonly known as Swifties) alike!
There is now the option to purchase tickets for the highly anticipated “Taylor Swift: The Eras Tour” using a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB).
The movie has just hit screens in North America, and many other international territories.
Unfortunately, the film is only slated to hit some countries like Malaysia, Singapore, and others, on 3 November.
The movie, even before its official premiere, has already amassed an impressive $100 million in presales.
It offers an intimate look into Taylor Swift‘s unparalleled worldwide concert tour, renowned for consistently shattering records and poised to stimulate over $5 billion worth of economic activity in North America alone.
The integration of cryptocurrencies into this cinematic experience is made possible by BitPay, a crypto payment service provider.
BitPay established a partnership with AMC, the esteemed theatre chain, early last year, allowing moviegoers to conveniently utilise cryptocurrencies for their ticket purchases.
To do so, all one needs to do is access AMC’s website or mobile app, selecting BitPay as the preferred payment method during the checkout process.
Beyond the initial digital assets of BTC, ETH, DOGE, and SHIB, users can avail themselves of additional cryptocurrencies, such as Bitcoin Cash, Litecoin, and XRP.
AMC’s role in the “Eras” film’s journey is underscored by its groundbreaking negotiations with Taylor Swift to secure the movie’s release in its theatres, bypassing the traditional Hollywood studio distribution channels.
This arrangement ensures that Taylor receives a 57% share of all ticket sale revenue, a feat uncommon in the creative industry.
The film’s release is anticipated to invigorate a movie industry that has faced challenges, particularly during the concurrent strikes by Hollywood’s writers’ and actors’ guilds this past summer.
In the wake of blockbuster studio releases like “Barbie” and “Oppenheimer,” the box office has struggled to draw filmgoers.
With a substantial number of “Eras” ticket buyers potentially opting for cryptocurrency payments, an intriguing and potentially unparalleled scenario emerges due to its distinctive distribution model.
Taylor Swift‘s share of ticket sales directly connects her fortunes with the ever-shifting crypto market, opening the door to potential gains or losses.
If your country has not shown the film yet, you can only wait begrudgingly or shell out quite a sum to jet over to one of the countries that is already showing the film. Best of luck!