AMC Theatres is on the rebound after the slump imposed by the corona virus shutdowns. The issue of NFT collections offered by AMC for select club members is one way they are bringing sales back online.
NFT Collections
But you can’t just go out and buy these. You have to be a qualifying guest and each release has it’s own set of parameters. This is a complete list of their NFT collections:
JURASSIC WORLD DOMINION, Releasing June 9, 2022
- AMC Exclusive
- Qualifying Guests: Guests who purchase and/or reserve tickets for and attend showtimes to JURASSIC WORLD DOMINION Double Feature on 6/9/2022
- Redemption Deadline: 7/16/22 (11:59pm PT)
- NFT Platform: VeVe
TOP GUN: MAVERICK, Releasing May 24, 2022
- AMC Exclusive
- Qualifying Guests: Guests who purchase and/or reserve tickets for and attend showtimes to TOP GUN: MAVERICK Early Access Event on 5/24/2022
- Redemption Deadline: 7/1/22 (11:59pm ET)
- NFT Platform: RECUR
THE BATMAN, Released March 4, 2022
- AMC Exclusive
- Qualifying Guests: Guests who purchased and/or reserved tickets for and attended showtimes to THE BATMAN between 3/1/2022 and 3/6/2022
- Redemption Deadline: 3/29/22 (11:59pm ET)
- NFT Platform: Palm
MOONFALL, Released February 4, 2022
- IMAX Exclusive
- Qualifying Guests: Guests who purchased and/or reserved tickets for and attended 02/03/22 IMAX showtimes to MOONFALL
- Redemption Deadline: 3/6/22 (11:59pm ET)
- NFT Platform: Autograph.io
I OWN AMC, Released January 18, 2022
- AMC Exclusive
- Qualifying Guests: Self-identified AMC shareholders who joined AMC Investor Connect before the end of 2021
- Redemption Deadline: 3/31/22 (11:59pm ET)
- NFT Platform: WAX
THE MATRIX: RESURRECTIONS, Released December 22, 2021
- AMC Exclusive
- Qualifying Guests: 20 Sweepstakes Winners who purchased and/or reserved tickets for THE MATRIX: RESURRECTIONS between 12/13/21 (12:00pm CT) and 12/22/21 (11:59pm CT)
- Redemption Deadline: 3/1/22
- NFT Platform: Nifty
SPIDER-MAN: NO WAY HOME
Released December 17, 2021
- AMC Exclusive
- Qualifying Guests: The first 86,000 AMC Stubs A-List, Premiere and Investor Connect members who purchased and/or reserved tickets for and attended 12/16/21 showtimes to SPIDER-MAN: NO WAY HOME
- Redemption Deadline: 3/1/22 (11:59pm ET)
- NFT Platform: WAX
AMC Gaining Traction
AMC Theatres CEO Adam Aron has revealed that cryptocurrency and digital payment options are picking up for the company.
AMC is one of the leading theatre chains in the United States and adopted cryptocurrencies a few months ago. The company’s CEO has revealed that the adoption rate has been impressive. He said;
“The same IT programming that was required for us to accept cryptocurrency also enabled us to accept other payment types, including Apple Pay, Google Pay, Paypal, Bitpay, and Venmo, among others. Taken together, these various new payment options impressively recently represented about 35% of our total online payments.”
He made this statement while speaking as part of the firm’s 2022 Q1 earnings call on Monday.
Cryptocurrencies
AMC has adopted various cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE) and Shiba Inu (SHIB). The CEO revealed that the company’s entry into the cryptocurrency space was met with a lot of fanfare, and the adoption rate has been impressive.
In addition to entering the cryptocurrency space, the theatre chain company is also into non-fungible tokens (NFTs).
Aron told investors that AMC currently has eight different programs that have either been launched or are in the works this year. He further added that the technology has helped the company stimulate the sale of movie tickets.
An example of this was the opening day release of Sony Pictures’ Spider-Man: No Way Home in November. The company issued 6,000 Spider-Man NFTs for members of its “AMC Stubs Premiere & A-List” and “AMC Investor Connect” subscriptions.
AMC’s business is slowly resuming back to normal after it was affected by the Coronavirus pandemic, which forced billions of people around the world to stay at home.
The cryptocurrency market has been underperforming, with Bitcoin now struggling above $31k per coin.
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