Fun

Retail Giant Newegg Unveils Shiba Inu Support on Massive Billboard: SHIB to Be Accepted for Payments in December

News Feed - 2021-12-01 10:12:25

Retail Giant Newegg Unveils Shiba Inu Support on Massive Billboard: SHIB to Be Accepted for Payments in December


A leading tech-focused retailer, Newegg, has announced its support for the meme cryptocurrency shiba inu (SHIB) with the launch of a massive billboard ad campaign. Newegg says it is set to accept shiba inu for payments in early December, which would be sooner than when AMC Theatres plans to add SHIB. Newegg Launches Massive Ad Campaign for Shiba Inu


Major online retailer Newegg (Nasdaq: NEGG) announced its plan to accept the meme cryptocurrency shiba inu (SHIB) for payments Tuesday.


Newegg is one of the leading tech-focused online retailers in North America, with a global reach in Europe, Asia Pacific, Latin America, and the Middle East. Its platform focuses on computer parts, PC components, laptops, gaming systems, automotive parts, and office supplies.


The announcement explains: Newegg will begin accepting SHIB in early December, further cementing Newegg.com as a preferred destination for online shoppers who want to pay with cryptocurrency.


SHIB will be accepted “as a form of payment on its platform in time for the holidays,” Newegg emphasized. Tuesday’s announcement follows a tweet the company made on Friday stating that SHIB is “coming soon” to Newegg.


The SHIB acceptance announcement was made “on a grand scale with a massive digital out-of-home (DOOH) campaign displayed on The Reef, North America’s largest DOOH billboard,” the e-commerce giant explained.


Located in downtown Los Angeles, California, the Reef “wraps around three sides of a large office building spanning an entire Los Angeles city block,” Newegg noted. “At 55 feet tall and 736 feet wide, the 40,000+ square foot DOOH billboard is one of the most impressive billboards in the world,” the company described.


Newegg currently accepts a number of cryptocurrencies via Bitpay. According to the CEO of AMC Theatres, Adam Aron, the crypto payment service provider decided to add SHIB to its list of supported cryptocurrencies at his request.


Aron said in early November that he expects AMC to be the first company to accept SHIB via Bitpay. However, the theater chain is currently not using Bitpay and Aron said the meme coin shiba inu will be accepted in 60 to 120 days from the date of his announcement. This plan would put AMC behind Newegg in accepting SHIB.


Andrew Choi, Newegg’s director of brand marketing, commented: We are always looking for ways to innovate the shopping experience on Newegg.com, and something our customers want is greater flexibility and options, including the ability to pay with a wide range of cryptocurrencies.


“Through our partnership with Bitpay, we have the ability to move quickly and lead the market with flexible cryptocurrency payment options. To that end, we’re excited to offer SHIB as a payment option on Newegg.com,” the director opined. Tags in this story Newegg, newegg accepts shib, newegg bitpay, newegg shib, newegg shib payments, newegg shiba inu, shib, shib crypto, shiba inu, shiba inu cryptocurrency


What do you think about Newegg’s SHIB billboard ad and its plan to accept shiba inu for payments? Let us know in the comments section below. Study: 8.3% of Polled South Africans Own NFTs, a Further 9.4% Plan to Buy ALTCOINS | 2 days ago Nigerian Artist Davido Launches Fan Token That Gives "Power Back to the Fans" ALTCOINS | 4 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleGrayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds Next articleCrypto Exchange Binance Explains Its ‘Rare’ Dogecoin Issue — Resumes DOGE Withdrawals Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItNigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round


A Nigerian crypto exchange, Busha, recently raised over $4 million in a funding round led by Jump Capital. Busha, a Nigerian cryptocurrency exchange, is reported to have raised a $4.2 million seed funding round recently. These funds, according to the ... read more.‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom Tanzanian Central Bank Preparing for CBDC to Ensure Country Is Not Left Behind Sneaker Giant Adidas Says the Metaverse Is "Exciting," Reveals Partnership With Coinbase El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Variant Scare

News Feed

Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs
Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungi
Bitcoin, Ethereum Technical Analysis: BTC, ETH Drop as Key Resistance Levels Hold
Bitcoin, Ethereum Technical Analysis: BTC, ETH Drop as Key Resistance Levels Hold Bitcoin fell lower on Friday, as the token slipped below a key resistance level during todayȁ
Can Sony and Microsoft bring blockchain to gaming consoles?
Olga Vorobyeva34 minutes agoCan Sony and Microsoft bring blockchain to gaming consoles?Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?99 To
Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’
Microstrategy CEO on Mainstream Bitcoin Adoption: "I See Evidence of a Lot More Institutional Adoption" The Nasdaq-listed company Microstrategy sees “evidence of a lot more
Dogecoin Network Activity Surges 47% In A Month – What’s Next for DOGE?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Crypto Conference DeFiCon 2021 to Be Hosted on December 18-19 in Brooklyn, NYC
Crypto Conference DeFiCon 2021 to Be Hosted on December 18-19 in Brooklyn, NYC press release PRESS RELEASE. The next crypto conference lighting up the season is DeFiCon 2021, hosted
Solana ‘Must Break Descending Resistance’ To Regain Bullish Momentum – Analyst
Este artículo también está disponible en español. Solana is trading above a critical demand level of around $157, showing signs of a potential bounce after a recent pullb
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-p
David Attlee3 hours agoCrypto futures and ETFs are knocking at the door: Law Decoded, Aug. 13–20.SEC is likely to approve multiple applications for Ether futures exchange-traded funds simultaneously.563 Total views6 To
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exch
Aptos Labs, NBCUniversal partner for Web3 fan experiences, gaming
Derek Andersen2 hours agoAptos Labs, NBCUniversal partner for Web3 fan experiences, gamingMore fun is in store for filmgoers like Free Renfield The Game and the Excorcist 3: Believer premiums.288 Total viewsListen to art
Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%
Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50% AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffere