Sui has reached a cooperation with MoviePass, supporting USDC payment function and will hold part of its equity
On September 18th, Sui announced a collaboration with MoviePass to offer users the ability to pay for this movie subscription platform using USDC. As part of the agreement, the Sui Foundation will also hold a stake in MoviePass, though transaction terms have not been disclosed. In addition to stablecoin payment functionality, Sui and MoviePass plan to provide "on-chain rewards" for user participation as well as features for purchasing "unique digital collectibles" and "fan pledges". According to the press release, users can also help fund movies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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