AMC Theatres, the largest cinema chain, distributed free NFTs to shareholders

The American cinema chain AMC Theatres distributed exclusive non-fungible tokens (NFTs) to more than 580,000 shareholders. Decrypt reports this.

Emails detailing how to claim your AMC Investor Connect “I Own AMC” NFT will be sent next week on Jan 18, to all in the U.S. and globally who enrolled by 12/31/21. The NFT and a WAX wallet for up to a year are free to you. TY to our passionate shareholders. Own this NFT proudly! pic.twitter.com/veo5hSYCkr

— Adam Aron (@CEOAdam) January 13, 2022

Shareholders who registered through the AMC Investor Connect portal by December 31, 2021, received free NFTs on the WAX blockchain.

According to the publication, the company promised NFT holders discounts and other benefits at the chain’s cinemas. Token holders can also sell them.

AMC Theatres CEO Adam Aron thanked shareholders for their loyalty and urged them to “own NFTs with pride”.

AMC Theatres is one of the largest cinema chains in the United States and Europe. It owns more than 950 cinemas and 10,500 screens worldwide. It also operates its own online cinema. 

In September 2021, the head of the cinema chain launched a poll on adding Dogecoin support. Twitter users backed the idea — in October the company integrated the payment of gift cards with meme cryptocurrency.

In the same month, Aron launched a similar poll to add support for Shiba Inu — a clone of Dogecoin. More than 153,000 people participated — more than 81% of respondents supported the idea.

In November, AMC Theatres began accepting Bitcoin, Ethereum, Bitcoin Cash and Litecoin as online payment methods. According to Aron, the company will add Dogecoin support in the future.

In October, the AMC Theatres CEO said the network would consider creating its own token.

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