Category: Crypto
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The last time we checked in with Rob Jennings of CattleProof, he was getting his cattle NFT platform off the ground. The idea was to create a permanent record of the life of a cow that followed it along the supply chain so that current and prospective owners all the way to a restaurant down…
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Late last month, FriesDAO, the organization that made a splash when it raised over $5 million via a token offering earlier this year, saw its treasury raided and drained by a hacker. According to a postmortem created by the DAO’s admins, hackers were able to access the DAO’s treasury and take all of the group’s…
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Ben Leventhal is at it again. The founder of Eater and Resy’s new startup is called Blackbird, which he describes as “a new loyalty, membership, and payments technology company.” The company will work on building software products “that establishes and enhances connectivity between individual restaurants and their guests.” The company says they will use “a…
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FriesDAO is closing in on its first restaurant purchase. The group, which managed to raise over $5 million via an initial token offering in the spring of 2022, has identified a boba tea/frozen yogurt store in New York City that it describes as an “absentee store (no daily owner operation needed).” The group says the…
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Over the past year, we’ve seen a rush of enthusiastic entrepreneurs and restaurant-adjacent operators announce initiatives to help onboard the world of dining into the world of web3. How’s it going so far? Let’s just say it may take some time. I decided to check in on some of the early efforts and see how…
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Last night I walked around a farmers market. I spent about an hour walking from stand to stand, having conversations, and learning about new CPG products. Someone even offered me free candy. It was a blast! And all of it happened in the metaverse. I attended a virtual pop-up farmers market put on by an…
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While it’s uncertain at this point just how profitable the food industry’s efforts to build out a presence in the metaverse will be, what we do know is those sure to make out in the near term around all these food web3 initiatives are trademark attorneys. All anyone has to do is make a casual…
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Earlier this month, SimulATE Spring convened the leaders pioneering in food & web3. Now you can watch all the sessions here! The second installment of the SimulATE event series, we explore how the world of web3 will impact restaurants, CPG, ag, community building, and more. Subscribers to Spoon Plus can get access to all of…
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Another burger joint has joined the NFT boom. This time it’s Fatburger, who has partnered up with Supper Club, a Web3 focused food club, to create the burger chain’s first NFT drop. Unlike some of the early moves by fast-food chains into NFTs, Fatburger is making it worth your while by adding some real-world utility…
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If you’ve ever taken home a souvenir menu or ashtray from your favorite restaurant, you will understand the role NFTs play in the hospitality industry. The same goes for attending a restaurant theme night or local pop-up of a new dining establishment. As Front of House (FOH) co-founder Phil Toronto eloquently puts it, a restaurant…
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Back when we first heard that Starbucks was heading into the NFT business, I suspected a company helping them get there was a startup called Brightloom. The reasons were pretty straightforward: Not only is Brightloom effectively a carveout of Starbucks former digital business AND Brightloom’s CEO Adam Brotman is the former of head Starbucks digital,…
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OneRare, the first dedicated food metaverse platform just announced a collaboration with LA-based Honeybee Burger to make plant-based food “more desirable, accessible and available everywhere.” The vegan burger, founded by former Wall Street execs, is considered a mini-chain in Southern California but has grown in popularity alongside the plant-based movement and is planning to open…
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