food

Chipotle takes ‘buy the dip’ literally with new $200K crypto giveaway

United States-based fast casual restaurant chain Chipotle has started an online game which will give customers the chance to win more than $200,000 in crypto. In a Monday announcement, Chipotle said that, through July 31, fans would be able to play its “Buy The Dip” game using their rewards accounts. The company will give away $45,000 in Bitcoin (BTC), $10,000 in Ether (ETH), $13,750 in Solana (SOL), $14,250 in Avalanche (AVAX) and $14,250 in Dogecoin (DOGE) via the game. “We want to build the next generation of Chipotle fandom by connecting with the Web3 community,” said Chipotle chief marketing officer Chris Brandt. Free crypto giveaway? — Chipotle (@ChipotleTweets) July 25, 2022 The restaurant chain gave away $100,000 in BTC in April 2021 as part of a promotion for National Burrito Day....

It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto

The Los Angeles Times reported Friday that recently opened NFT-themed burger joint Bored & Hungry no longer accepts cryptocurrency as a form of payment for its food. When questioned, one Bored & Hungry employee told the Los Angeles Times “Not today — I don’t know.” The individual didn’t give any indication of when the decision was made to cut crypto from the menu of payment options, nor did they know if crypto payments would be making a return. Bored & Hungry initially launched back in April of this year. At the time, one worker told the Los Angeles Times that the majority of its customers didn’t seem to care about crypto payment options, also noting that customers were generally indifferent to “the restaurant’s fidelity to the crypto cause.” Another Bored & Hungry restaura...

The business of a Bitcoin standard: Profit, people and passion for good food

The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with a Bitcoin-inspired twist.  Since August 2020, when the price of Bitcoin (BTC) was under $20,000, the group has operated on a Bitcoin standard, with any profits it makes swept into BTC. The Tahini’s Twitter account has since argued that Bitcoin is the “most Islamic” thing Muslims can do with their wealth, and the group educates its customers on sound money. It has even become a niche bear market meme, with Michael Saylor famously saying he might apply to work night shifts at Tahini’s during January’s price correction: May apply for night shift at @TheRealTahinis to stack more sats. #NewProfilePic pic.twitter.com/ZrirLojvrq — Michael Saylor⚡️ (@saylor) January 23, 2022 Coin...

FriesDAO scoops up fast food franchises as part of its crypto governance experiment

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 Quick Service Restaurants, or QSR. Starting with Subway franchise owners, the FriesDAO team hopes to guide their partners about the blockchain space. What “started as a joke” turned into a serious proposition when they realized there “was a hole for people that were ready to run...

NBA merch designer turned to blockchain to help end world hunger

When he’s not designing merch for the NBA or supplying coffee for big retailers, Shawn Kurz is fighting world hunger with the help of blockchain technology.  Motivated to mend the shortcomings of traditional charity systems, Kurz founded FoodChain Global (FCG), an organization that uses a blockchain-based ecosystem to support charitable initiatives targeting global hunger.  Enlisting the help of Cody Boyd, a former military systems engineer, to lead a blockchain development team, FCG has launched digital asset products such as FoodChain Global token (FOOD) and nonfungible tokens (NFT) and uses the profits to supply food to food banks.  Kurz told Cointelegraph that the project aims to bring the fight against global hunger to younger generations. The team aims to continuously ...

McDonald’s jumps on Bitcoin memewagon, Crypto Twitter responds

Prominent crypto entrepreneurs and supporters, who shared memes on Twitter about doing odd jobs amid an ongoing market crash, were joined by global fast-food giant McDonalds — the brand infamously linked with temporary Bitcoin (BTC) market crashes.  BTC’s price has seen a steady downfall ever since breaching an all-time high of $69,000 back in November 2022. Eventually, as Bitcoin started trading below the $40,000 mark, crypto millionaires and investors on Twitter started sharing memes about getting jobs at fast-food restaurants. Source: Twitter/PlanB Salvadoran President Nayib Bukele, too, embraced the meme culture and uploaded a new profile picture that shows him at one of his speeches sporting a badly photoshopped McDonald’s branded cap and T-shirt. #NewProfilePic pic.twitter....

Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic

More than a year after a Canada-based Middle Eastern restaurant chain converted its fiat cash reserves into Bitcoin, the owner reported the move helped save the business during the pandemic. According to a Tuesday report from Canadian news outlet Toronto Star, when Tahini’s restaurant owners Aly and Omar Hamam and their cousin Ahmed decided to convert the company’s savings into Bitcoin (BTC) in August 2020 because it offered “a much better alternative to saving cash,” the price of the crypto asset was roughly $12,000. Aly Hamam reported the business had benefited from the initial crypto investment. “We made the move to the corporate balance sheet on a Bitcoin-standard back in August of 2020, and since then, we’re up more than 300 percent on our initial investment,” said Hamam. “It’s really...

Bobby Flay Lands New Three-Year Contract With Food Network

It turns out the Food Network can’t beat Bobby Flay. After stalled negotiations last month prompted reports that the longtime host would leave the channel after nearly three decades, Flay and Food Network have reached an agreement on a new three-year contract, according to Variety. This pact will keep the Beat Bobby Flay namesake on Food Network until the middle of the decade, and right up to his 30th anniversary on the channel. The new contract also expands the scope of content opportunities available to Flay’s production company, Rock Shrimp, which handles most of his Food Network shows. This news arrives right as Discovery is expected to make some exponential growth thanks to its pending merger with WarnerMedia. “I have an amazing family at Food Network and a great foundation,...

Bobby Flay Leaving Food Network After 27 Years

Longtime Food Network personality Bobby Flay is reportedly leaving the channel after 27 years. Variety reports that talks between Flay and Food Network on a new contract are at an impasse. Flay’s current deal expires at the end of the year, and Food Network has reportedly chose to end further negotiations. Flay has been with Food Network since its launch in 1994, appearing on tentpole series including Chopped, Next Food Network Star, and Iron Chef America. While Flay may be exiting, Food Network was able to retain another one of its stars: Guy Fieri recently signed a new three year deal said to be worth up to $80 million. Advertisement Related Video Share this: You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giv...

Eminem Works Takeout Window at Mom’s Spaghetti’s Grand Opening

Eminem’s Mom’s Spaghetti restaurant opened in Detroit on Wednesday, and a familiar face manned the takeout window: Slim Shady himself. With a sweater clean of vomit, the rapper worked the walk-up window at the alley-set eatery when it first began serving customers on September 29th. As Complex reports, Em served the first 10 customers their takeout containers of spaghetti and meatballs (with a vegan option available!), snapping pictures with fans at the counter. According to the Detroit Free Press, the line for the opening day celebration stretched for blocks around Detroit’s Foxtown neighborhood. Some were camping out since the early morning awaiting the 5:00 p.m. opening. While they waited, they were treated to a rendition of “Lose Yourself” (the lyrics of which inspired the restaur...

Eminem Is Opening a Restaurant Called Mom’s Spaghetti

Slim Shady is officially a restauranteur. On September 29th, Eminem is planning on opening up a restaurant that’s aptly named Mom’s Spaghetti, the Detroit News reports. Its title, of course, is a reference to the rapper’s 2002 smash “Lose Yourself,” pulled from the slightly-unappetizing lyrics: “His palms are sweaty, knees weak, arms are heavy /There’s vomit on his sweater already, mom’s spaghetti.” Yum! Eminem previewed his latest business endeavor in a brief commercial that aired on local television this week. The new diner, set to open in downtown Detroit, will offer noodle- and marinara-focused cuisine such as spaghetti sandwiches and the classic spaghetti and meatballs. Additionally, customers can also shop at the attached retail spot called the Trailer, which will be stocked with Emi...

Cuba blames unrest on U.S. interference as Joe Biden backs protests

Cuba blamed historic protests that took place over the weekend on U.S. “economic asphyxiation” and social media campaigns by a minority of U.S.-financed counter-revolutionaries, while U.S. President Joe Biden said he stood with the Cuban people. The streets of Havana were quiet on Monday, although there was a heavy police presence. Outages in mobile internet – the only way many Cubans have of accessing the web – were frequent. Chanting “freedom” and calling for President Miguel Diaz-Canel to step down, thousands of Cubans joined street protests here from Havana to Santiago on Sunday in the biggest anti-government demonstrations on the Communist-run island in decades. At least 80 protesters, activists, and independent journalists had been detained nationwide since Sunday, according to exile...

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