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No doubt that cryptocurrency adoption is on the increase. Today, Crypto Emporium announced that it has partnered with Etihad Airways, and give s 1.8 Million monthly users of the airline the opportunity to use pay with Verge (XVG).
Crypto Emporium, which regards itself as the world’s first Crypto-Only luxury emporium, said a few days ago that it sealed a collaboration with a worldwide company having multi-billion dollar revenue. However, it failed to state the name of the firm until today.
Stating the partnership, cryptocurrency enthusiasts were bemused, chanting that this is the beginning of massive adoption.
Meanwhile, the offer is also available to Ethereum, Litecoin, and Bitcoin.
About Etihad Airway
Although Etihad Airways is known all over the world, it belongs to the United Arab Emirate. It became operational in 2013 by the Royal (Emiri) Decree with the vision to operate for profit safely. The firm has over 120 aircraft and tours the nooks and crannies of the world.
In 2017, Etihad Airways had a loss of $1.52 billion signifying the second year the firm reported a loss. Although it had a loss of $1.95 billion in 2016, there seems to be a reduction in the losses in 20017 with around 20 per cent.
About Crypto Emporium
Crypto Emporium is a platform where different luxury goods can be purchased using Verge XVG, Ethereum, Litecoin, and Bitcoin. The platform sells yachts, cars among other luxury goods. The platform is more concerned about the affluent, so, making them accept cryptocurrencies by using it as a means of buying goods.
Verge and Partnerships
Today’s Gazette recently announced that Boatsters, an International peer-to-peer boat Rental Platform accepted Verge as a means of payment. In the same line, an international umbrella company, Blunt announced it partnered with Verge not long ago.
Verge has been announcing myriads of partnerships in recent time, there is hope that this partnerships will translates into increased price as soon as possible.
Image Credit: Use The Bitcoin