Tickets for the record-breaking Taylor Swift concert movie will also be available for purchase with ETH, XRP and more through AMC and BitPay.
The film, which achieved a stunning $100 million in pre-sales before it even premiered, documents Swift's ongoing, record-breaking worldwide concert tour that is expected to generate more than $5 billion in economic activity in North America alone.
The film's crypto connection comes courtesy of crypto payment service provider BitPay, which launched a partnership with cinema chain AMC early last year. Moviegoers now just need to access AMC through the chain's website or mobile app and select BitPay as the payment method at checkout. Users can purchase tickets with BTC, ETH, DOGE and SHIB, as well as other cryptocurrencies such as Bitcoin Cash, Litecoin and XRP.
Swift is now set to earn 57% of all ticket sales revenue from the film
If a significant number of ticket buyers opt for crypto payments, the film could create an interesting and potentially unprecedented scenario given its unique distribution pattern. Since Swift will directly earn such a significant portion of ticket sales, the star singer now has the potential to make or lose any amount of profit depending on the ever-changing whims of the crypto market.