Kronos Advanced Technologies Inc., a company specializing in cutting-edge air purification technology, has become the first public company in the United States to accept Shiba Inu (SHIB) cryptocurrency as payment for its products. This groundbreaking announcement was made in a recent filing with the U.S. Securities and Exchange Commission (SEC).
By embracing SHIB as a payment method, Kronos is demonstrating its commitment to innovation and positioning itself at the forefront of the e-commerce sector. With approximately 1.38 million SHIB wallet holders worldwide, this move has the potential to greatly benefit both Kronos and the growing community of crypto users.
Greg Rubin, the CEO of Kronos Advanced Technologies Inc., expressed his excitement about this new payment option, stating, “We are thrilled to be the first public company to accept SHIB for our air purification products.” He emphasized that this decision reflects their dedication to meeting the increasing demand for alternative payment methods.
To celebrate this milestone, Kronos is offering a special promotion: customers who use SHIB to purchase an air purifier will receive a generous 10% discount on their order. To take advantage of this opportunity, customers can enter the discount code SHIBArmy10 at checkout.
Kronos’ acceptance of SHIB is part of a larger strategy to incorporate various cryptocurrencies as payment options. In fact, Kronos previously made history by becoming the first publicly traded company to accept Dogecoin (DOGE) and other cryptocurrencies for its products.
The adoption of Shiba Inu as a payment method is not limited to Kronos alone. Other companies are also recognizing the value of this token. For instance, the xPortal app, which operates on the MultiversX blockchain, has recently added Shiba Inu to its list of supported crypto assets for its card service. This means that users can now instantly top up their cards with various cryptocurrencies, including Shiba Inu, and utilize them for transactions.
Furthermore, Amoré Orthodontic Aligners, a dental firm based in the United States, has recently announced its acceptance of Shiba Inu as a payment method for its services. Patients can now conveniently use Shiba Inu to pay for orthodontic treatments such as braces and retainers.
In May, BlockDAG, a blockchain technology company, expanded its payment options to include a wide range of digital assets, including Shiba Inu, Bitcoin, XRP, and Cardano. This move highlights the growing acceptance and integration of Shiba Inu as a legitimate payment option across diverse industries.
It is important to note that this article is for informational purposes only and should not be considered financial advice. The opinions expressed are solely those of the author and do not reflect the views of The Crypto Basic. Readers are strongly advised to conduct their own research before making any investment decisions, and The Crypto Basic assumes no responsibility for any financial losses incurred.