San Francisco Night Clubs now Accepting Crypto Currency
The folks at Monarch and Great Northern (where I’m hosting a trivia night on Wednesday) just sent me this really interesting press release. Apparently they are now accepting crypto currency as payment in their clubs. Right now it’s just for bottle service and they are only accepting Bitcoin, Bitcoin Cash, Litecoin, and Etherium, but I’m curious to see how this pans out and if this becomes a greater trend within other nightlife venues.
Read the press release below to learn more:
San Francisco, CA – Locally based nightlife management company Monarch Management Group announced today the company’s two venues “Monarch” and “The Great Northern” will begin accepting crypto currencies effective May 1st, 2018. The company has been working closely with crypto maven Jeremy Gardner (Founder of the Blockchain Education Network) to develop the program, which will utilize Coinbase (the popular iPhone/Android wallet) to accept payments in Bitcoin, Bitcoin Cash, Litecoin, and Etherium. Mr. Gardner is also an investor in the company’s forthcoming secret project The Pawn Shop (opening in SF July 2018 next to Monarch), which features crypto payments as a core component of its business plan.
“Most of us at the company are big crypto evangelists” says Monarch’s managing partner Micah Byrnes. “With Jeremy’s help we’re building practical uses for crypto into our business model.”
Initially the venues will accept Bitcoin, Bitcoin Cash, Litecoin, and Etherium, for table service reservations only. Reservations can be made using the following links: