Italian retailer Michele Franzese Moda started accepting cryptocurrency for payment

The retailer will use Voyager Digital’s Coinify payment system

26.03.2022 - 07:30

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What’s new? Michele Franzese Moda, an Italian company, has announced that it will accept cryptocurrency as a means of payment. The retailer has started accepting payments in Bitcoin, Bitcoin Cash, BitcoinSV, Cardano, Dogecoin, Ethereum, Voyager Token, Solana, Polkadot, and Litecoin. The company will use Voyager Digital’s Coinify payment system.

Information on the company’s blog

What had happened before? Many fashion companies are embracing blockchain technology through metaverses and NFTs. Several popular fashion brands appeared at Decentraland’s Metaverse Fashion Week on March 24-27, 2022. The list of participants includes well-known brands such as Vogue Arabia, Jacob & Co, Dolce & Gabbana, Franck Muller, Tommy Hilfiger, Selfridges, and others.

Information on the Mashable website

In September 2021, the Dolce & Gabbana brand held its first NFT auction “Collezione Genesi” and raised 1 885 Ethereum. The NFTs were developed personally by Domenico Dolce and Stefano Gabbana for the UNXD platform powered by Polygon.

What is known about the company? Michele Franzese Moda is an Italian fashion retailer headquartered in Domenico Morelli, Naples. The company offers collections of prestigious brands for men, women, and children.

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