Michele Franzese Moda To Accept Crypto Payments For His Fashion Brand
Michele Franzese Moda, an Italian luxury company, has announced that it would accept crypto assets as payment. The decision was announced by the firm in an article titled “It’s Time for Crypto” published in Michele Franzese Moda’s online magazine.
‘It’s Time for Crypto’
As per the company’s fashion news site, Michele Franzese Moda will take bitcoin (BTC) and a variety of other cryptocurrencies for premium catalog products. According to the news post, it is now time for the premium brand to take cryptocurrency, and from now on, e-commerce and Android buyers will be able to pay with digital currencies.
Michele Franzese Moda now accepts Bitcoin (BTC), Ethereum (ETH), Bitcoin cash (BCH), Bitcoinsv (BSV), Cardano (ADA), Dogecoin (DOGE), voyager token (VGX), Solana (SOL), Polkadot (DOT), Litecoin (LTC), and a variety of other crypto tokens.
According to the press release “Michele Franzese Moda is the first major Italian luxury multi-brand boutique to accept cryptocurrencies.”
Michele Franzese Moda is a South Italian fashion boutique based in Domenico Morelli, Napoli. According to the firm, the retailer’s app provides clients with a “premium library with over 8000 goods” to pick from, as well as several new product options. The premium clothes company will use Voyager Digital’s Coinify payment system, according to a blog post announcing bitcoin acceptance. On March 15, the company’s official Facebook page made the announcement.
The Crypto Acceptance
According to Michele Franzese Moda’s Facebook announcement: “You can pay in cryptocurrency. Visit our online store or download our MFModa Android app to pick between Bitcoin, Ethereum, Dogecoin, Cardano, and other cryptocurrencies.”
Although Michele Franzese Moda’s crypto acceptance is a unique kind of support, many luxury fashion companies are incorporating blockchain technology into their operations through the metaverse and non-fungible token collectibles. For example, a number of well-known fashion labels will be present during Decentraland’s Metaverse Fashion Week, which will take place from March 24 to 27, 2022. Vogue Arabia, Jacob & Co, Dolce & Gabbana, Franck Muller, Tommy Hilfiger, and Selfridges are just a few of the well-known names on the guest list.
Also Read: Meta Has Filed For 8 Trademarks Including Metaverse And Crypto Services