Sussex attraction becomes first in UK to accept cryptocurrency - and they have already had more than 100 transactions
One of Sussex's top venues has become the first UK toursist attraction to accept cryptocirrency.
Tulleys Entertainment group, in Turners Hill Road, Crawley, is home to the world famous Tulleys Shocktober Fest. The farm is owned by fourth generation family farmer Stuart Beare.
And the move to cryptocurrency has already proved popular with punters - with more than 100 transactions since it came live on Friday (April 16). Tulleys uses a system called Coinbase Commerce for customers to make payments, and currently takes six types of cryptocurrency - Bitcoin, Litecoin, Ethereum, USDcoin, Bitcoin cash and Dai.
Stuart is known as a pioneer in the farm attraction industry opening the first Drive through farm shop in the midst of the 2020 lockdown.
The farm attracts visitors in excess of 200,000 every year with a turn over of £7 million+.
A spokesman for Tulleys Entertainment group said: "Stuart has been following and investing in the crypto currency since 2017, the farm began accepting crypto currency from Friday 16th April with over 100 hundred transactions."
You can purchase tickets for Tulleys Farm's world-famous Shocktober Fest Scream Park by cryptocurrency hereThe government is exploring the possibility of creating a new digital currency that chancellor Rishi Sunak touted as ‘Britcoin.’
The Bank of England and the Treasury announced yesterday they will work together to assess the benefits of a central bank digital currency. It comes as cash payments are generally on the decline, partly as a result of the Covid pandemic