A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants
The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing fast-food restaurants called Fries DAO has raised more than $5.4 million to achieve the goal. Fries DAO Creators Dream of a ‘DAO-Governed Fast-Food Franchise Empire’ Last week, Bitcoin.com News reported on a newly launched DAO that is attempting to purchase the NFL’s Denver Broncos football franchise for $4 billion. Ever since 2016’s Genesis DAO and the subsequent hack....
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DAO reps said they want to build on-chain and membership utility around Subway, Domino’s and more. A new proof of concept decentralized autonomous organization, or DAO, called FriesDAO wants to democratize access to the fast food industry. Cointelegraph spoke to FriesDAO advisors Brett Beller and Bill Lee about their mission to be a "part of something that will connect crypto and virtual ownership to real-world assets.”FriesDAO aims to acquire and scale fast food restaurant franchises like Popeye's, Burger King and Taco Bell by inviting FRIES token holders to run a decentralized network of....
Fast-food restaurants across the globe are jumping on the NFT bandwagon with their own digital tokens. The past few months have seen an explosive uptake of nonfungible tokens (NFT) as crypto artists, gaming enthusiasts, musicians, celebrities and now fast food chains deploy the technology in various ways.Fast food giants such as McDonald’s, Burger King and Taco Bell are taking to NFTs because of their capacity to enable gamified promotions and distribution of their products and services. Here is a quick look at emerging NFT adoption in the fast-food sector. Taco BellTaco Bell is a popular....
Menufy, a service that allows restaurants to offer customers online ordering, announced rather informally today that they have completed an integration with Coinbase that will allow customers to purchase food at nearly 400 restaurants using bitcoin. The Kansas City-based service, available in about 28 states, will build and host a restaurant's page (for free) to offer a streamlined and functional way to order food online. The benefit for businesses is that they need not build a proprietary system or invest in other hefty-priced ordering platforms. And while the selection isn't that broad....
Two weeks ago the giant online food ordering and home delivery site 'Takeaway.com' started accepting Bitcoins as payment. This is a big step forward into the world of Bitcoins: it gives access to almost 20,000 restaurants to pay with Bitcoin now. Takeaway.com is a Dutch dot-com company specialising in online food ordering and home delivery. Working as an intermediary online portal between the customer and the restaurants, customers can order food online from restaurants' menus, and have it delivered by the restaurants directly to their homes. The company was founded in the Netherlands by....
Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other digital-based products.
10 McDonald’s Trademark Filings Discovered Mention Digital-Based Products Like Food and Beverages, Operable Virtual Restaurants
McDonald’s, home of the Happy Meal and the world’s largest restaurant chain by revenue, has filed for ten trademark applications, according to....