An event centre in Vancouver is set to become the first venue in Canada to accept cryptocurrency for table services when it does so this coming Victoria Day long weekend.
Ensō is on a “mission of innovation,” according to the Daily Hive, who spoke with CEO Stanley Ho about his company’s announcement.
“Our team has been observing cryptocurrency for a while, and we will be one of the first innovators in the world,” Ho told Hive.
Ensō, which translates to “circular form,” is located in the former Harbour Event Centre near BC Place.
“Ensō will look into ticket payment and merchandise sales in the future when there is further mass adoption for cryptocurrency in the world,” Ho added.
The Daily Hive also spoke with local crypto influencer Mason Versluis, who advised Ho during the process of adopting alternative payment options.
“Being the first event space in Canada to accept crypto as a form of payment is very cool and also a very smart move,” Versluis told the Hive, saying he believes Ensō is “ahead of the curve” and proving that cryptocurrencies can be used as a viable form of payment.
Ensō launched last year following significant renovations and upgrades to the space. For Ho, accepting crypto as payment is another upgrade to the experience.
“It is a big deal because other event centres may see this and also start accepting crypto, which in turn helps the overall adoption of cryptocurrencies in Canada,” Versluis noted.