“If you find a squirter, marry her.”
(Photo: PAUL J. RICHARDS/AFP via Getty Images)
People walk past the Radio Shack in downtown Washington, DC on March 16, 2017, one of 365 locations Radio Shack intends to close in early April due to their second case of Chapter 11 bankruptcy In two years.
Gone are the days when RadioShack is where your dad and even your grandparents buy their stuff. Radioshack has changed – it is now a blockchain company who launched his own crypto exchange, the Radio Shack Swap. The company also has its own token called $RADIO, which is currently trading at around a penny.
RadioShack still sells electronics, but if you visit their website, it is now a cryptocurrency platform. And it is for this reason that the company has started tweeting more trendy content.
This isn’t the first time RadioShack has gone viral either. On June 16, he tweeted, “who else in high af rn.”
Then, on June 28, he tweeted “Taking the second half of a food after feeling nothing from the first half is always a bad idea. This chocolate bar got me out here to fight for my life .”
Taking the second half of an edible after feeling nothing from the first half is always a bad idea. This chocolate bar made me fight for my life.
— RadioShack (@RadioShack) June 28, 2022
Read also : Cryptocurrency is like a Ponzi scheme, Indian Reserve Bank official says
RadioShack was acquired by Retail Commerce Ventures (REV) in 2020, saving the company after a tumultuous time. When REV got the business, it had only 400 physical outlets compared to its peak of 7,300.
REV is owned by Tai Lopez and this is not his first take on the crypto space. It launched its own line of NFTs earlier this year, which landed it in some controversy.
Still, if REV is successful in its crypto vision for RadioShack, it’s likely other companies will follow in its footsteps. Lopez has acquired a number of legacy brands over the years such as Dressbarn, Modell’s Sporting Goods, Pier1, etc.
In a world where everything is moving towards blockchain and cryptocurrency, it’s nice to see that even big companies are taking the initiative to take advantage of it. It’s still surprising that a company like Radioshack is on this bandwagon, but hey, why not?
RadioShack is also one of many legacy brands moving to blockchain. If you follow the space, you might have heard that Kodak is doing something similar leveraging the power of blockchain technology. Maybe these established brands are taking this new direction to revitalize their brand. Admittedly, this is a new way to breathe life into a company that has been struggling for years.
The increased adoption of blockchain technology and cryptocurrency is just the beginning. People are actively buying, selling, and trading cryptocurrencies, which is encouraging. And it won’t stop there. Businesses will continue to adopt cryptocurrency and blockchain technology in their businesses. As with any new technology, it’s only a matter of time.
Related article: RadioShack’s Cryptocurrency Project Targets “Old School” Customers – Making It Mainstream?
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Written by April Fowell
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