E11EVEN, a high-end Miami nightclub, has announced the acceptance of Bitcoin and other cryptocurrencies as a payment mode. E11EVEN will become the first corporate club to dip their toes into the cryptocurrency world. Other nightclubs can be expected to follow the footsteps of E11EVEN and create a ripple effect.
The operating partner Gino Lopinto stated that the club has exclusive clientele from all over the world – most of whom are already into the cryptocurrency sphere. The club disregarded the press release as just that but rather expects payments to be made in Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies soon.
E11EVEN had been closed due to the pandemic since 2020. However, as things start to move back to normal, the club is scheduled to reopen on April 23 with a bang. The nightclub has declined to comment on which cryptocurrency payment processor will it be utilizing.
The bull run of 2021 has escalated cryptocurrency adoption throughout the world. From real estate firms accepting Bitcoin to major banks in the US making their debut into the cryptocurrency sphere, cryptocurrencies can be seen everywhere. The block chain technology has the potential to bridge many gaps that exists in processes throughout industries while cryptocurrencies provide a more efficient payment method. The adoption of cryptocurrencies can only be expected to increase in the coming days.