Category: NFT
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Remember Flyfish Club, the Gary Vaynerchuck-affiliated dining club that made news when it announced it was planning to build the world’s first NFT restaurant? While you may not, the restaurant industry sure does. After the group raised an impressive $14 million in just weeks by selling tiered memberships via NFT, it seemed everyone started wondering,…
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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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Today Forum3, a Seattle-based startup that helps companies build Web3-enabled loyalty programs, has announced it has raised a $10 million seed funding round. The company, co-founded by former Starbucks loyalty lead Adam Brotman and Seattle-based VC and ex-Microsoft exec Andy Sack, raised funding from Decasonic and included participation by Bloccelerate, Liberty City Ventures, and Arca,…
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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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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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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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Our second virtual event looking at the intersection of food, restaurants, agriculture and all things Web3 starts today. SimulATE Spring Summit will tackle the impact of Web3 on the food, restaurant, agriculture and CPG industries and talk to experts and entrepreneurs in the space, including: Learn why NFTs and Web3 make sense for agriculture and…
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It’s still early days at the intersection of food and Web3 and that means there’s almost always something new happening and more to learn. Stay up to date with our coverage and these 3 things in this week’s Food Metaverse Minute: NFTs for Purpose-Driven Restaurant Chefs using NFTs to fund their next restaurant is becoming…
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Starbucks is getting into the NFT business. That’s according to company CEO Howard Schultz, who recently held a company town hall to discuss what the company’s plans are for the coming year. Schultz, who retook the reigns of the coffee giant this week, said the company would be in the NFT business before the end…
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So while it may not be surprising that a restaurant concept by alpha-adopter and Internet celebrity Gary Vaynerchuk can raise millions of dollars selling NFTs, what about that mom & pop place on the corner? In other words, how does a small restauranteur that doesn’t have the followers, fame and early adopter advantage of a…
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Chefs Tom Collichio and Spike Mendelson officially launched CHFTY Pizza NFT project this week. The official “mint” or release of its 2777 unique pizza designs began this week, with the pre-sale started yesterday Wednesday, March 23 and the public sale opening today. Each NFT is priced at .07 Ethereum (worth $204 as of this writing)…
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Back when Rob Jennings helped found the Wyoming Blockchain Coalition back in 2017, he knew he needed to find a use case that resonated with residents of the Cowboy State. It didn’t take him long before he settled on beef. “Back then, there was a lot of conversation around about how grass-fed, grain-finished Wyoming fat…
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