- Michele Franzese Moda claims that they’re the “first major Italian luxury multi-brand retailer” to accept cryptocurrencies.
- The Luxury Brand will be accepting major digital currencies like Bitcoin, Ethereum, and many more.
- The retailer app offers a luxury catalog with over 8000 items.
According to the company’s fashion news titled ‘It’s time for Crypto’, Michele Franzese Moda announced that they are the “first major Italian luxury multi-brand retailer” to accept crypto payments. Items from their luxury catalog are set to accept bitcoin (BTC) and a number of other crypto.
As of today, E-commerce and Android customers will be able to pay crypto assets using a new form of payment. According to the blog post regarding crypto payment acceptance, the luxury fashion retailer collaborated with the Voyager Digital group to use Coinify system, where customers are able to choose the crypto assets on the cart as a form of payment.
As of the moment, the permitted digital currencies are the following: Bitcoin (BTC), Bitcoin cash (BCH), Bitcoinsv (BSV), Cardano (ADA), Dogecoin (DOGE), Ethereum (ETH), Voyager Token (VGX), Litecoin, Nano, OmiseGo, Paxos Standard Token, Polkadot, Stellar, Solana, Qtum, Tron, TrueUSD, USD coin, Tether ERC-20, and USDTTRC20.
The company’s official Facebook page also shared a video introducing the release of their new form of payment on March 15.
“Pay in Crypto. Visit our online boutique or download our app MFModa Android and choose among bitcoin, ethereum, dogecoin, cardano, and even more.”
Michele Franzese Moda, founded in 1992, is a fashion retailer based in South Italy. The brand is currently based in Domenico Morelli, Napoli. The company also set foot in the digital world in 2015, where their international community and E-commerce started.
According to the fashion retailer, customers may shop from their luxury catalog with over 8000 items. There will be new arrivals in terms of product offerings. To learn how to pay in cryptocurrency, customers may visit their E-commerce website or download the android app.
Michele Franzese Moda’s crypto acceptance is not that surprising nowadays, as many luxury fashion companies are taking in blockchain technology through non-fungible token collectibles and metaverse.
Take, for example, the Decentraland’s Metaverse Fashion Week held on March 24-27, had several popular fashion brands attendees. Specifically, these included names like Tommy Hilfiger, Vogue Arabia, Jacob & Co, Franck Muller, Dolce & Gabbana, Selfridges, and more.
Recommended News :
Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.