Gucci now accepts ApeCoin and 12 other crypto-assets

Gucci has started performing its Web-3 ideas, and now shops will begin accepting ApeCoin and 12 other payment alternatives as payment

Yes, yes, you didn't hear it; the geeks of the crypto world will now be able to get dressed up at Gucci while paying with tokens of everyone's famous monkeys.

The list of payment methods has also been updated with other items from the world of digital assets. So far, the luxury brand is the first in its niche to think of accepting payment with tokens from a yacht club.

If you recall recent news, Tiffany has also started accepting Web-3. Offering pendants based on the NFT CryptoPunks collection in gold and diamonds. The move was announced by Gucci on Monday, promoting the token to their audience.

Despite the severe bear market, many brands have dipped their toes into Web-3. Back in May, the company announced the addition of 12 payment methods, among them: Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Wrapped Bitcoin (WBTC), Litecoin (LTC), Shiba Inu (SHIB), Dogecoin (DOGE) and 5 US dollar stables.

Currently, ApeCoin is more than 70% below its all-time high. But in the last seven days, the token has risen 11% due to positive news and participation in the OtherSide meta-universe.