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Five Times Food and Web3 Converged

Funviralpark 1 year ago 0 5

NFT: You know and love them, but now… can you eat them? It is physically impossible to eat non-fungible tokens. Unless you transfer one to a hardware wallet and get the rest. Instead of striving for indigestion (or a trip to the emergency room), perhaps consider patronizing food, one of many NFT projects that bring new kinds of utility to their holders.

Yes, over the past few years, NFTs have spread outside blockchain, influencing and intertwining nearly every aspect of pop culture, but have finally landed in the culinary industry. While most creators have worked hard to use blockchain as a host for video games, TV shows, movies, music, and nearly every kind of intellectual property (IP), some Some are thinking outside the box and revolutionizing new market sectors. of the irreplaceable Nosh.

Bored and hungry flyer.Source: Bored & Hungry

Bored Ape NFT holders have consistently found creative and unique ways to monetize their IP. But one of the most interesting (and edible) ways members of the BAYC community have done it is via the Food Fighters universe. With a multifaceted NFT project at its core, Food Fighters first asserted its claim within the industry at Bored & Hungry, a fast food restaurant in Long Beach, California.

Since the launch of Bored & Hungry, Food Fighters have branched out into a variety of BAYC-inspired food initiatives. His two most notable BAYC-focused foods from this project are: Dr. Bombay’s Sweet Expedition — Collaboration sweets shop with snoop dog – When boring tacosa joint venture with Web3 Architects and founders of crypto funds Champ Medici.

Pizza and Blockchain — Try to name a more iconic duo. Born as a whimsical take on the iconic Bitcoin Pizza Day on May 23, 2010, Rare Pizzas is set to become the world’s largest pizza in 2021. It wasn’t until I tried to host a party that I started making waves. That year, the Rare Pizza team spent more than $300,000 of his $300,000 in over 300 pizzerias in over 60 countries, delivering freshly baked pies to cryptocurrency and his NFT enthusiasts around the world. .

To join the project, collectors simply purchase a Rare Pizza Box to support the project’s mission. Even better, unopened boxes can be redeemed on his website at Rare Pizza for 1/1 rendered art featuring random topping combinations from his 314 artists who helped build the collection. You can

NFT Wine & Spirits

hennessy bottle
Hennessy Paradis Golden Edition.Source: Brockbar

As you may already know, people at NFT love to party. Large suburban celebrations of conferences like NFT.NYC and Art Basel Miami almost always cross the road with some sort of Web3-themed cocktail. But the IRL meetup isn’t the only place where wines and spirits have formed in the NFT space.

Wine quickly found its way to blockchain through efforts like WokenWine, a company that hopes wineries will use NFTs to track their wines and put an end to counterfeiting. And beyond Web3 native projects, the industry’s exposure to non-fungible markets continues to grow, with many independent wineries offering their own NFTs for certification purposes.

But when it comes to spirits, NFT enthusiasts need look no further than BlockBar. BlockBar is a blockchain-based spirits platform that allows users to purchase whiskey, tequila, and other alcohol as his NFTs and redeem them for physical bottles. As the world’s first DTC NFT marketplace for fine wines and spirits, BlockBar operates with the goal of making fine spirits collection safer, seamless and more accessible.

For those who still can’t legally consume alcohol, or who don’t like wines and spirits, Ape Beverages offers alternatives. Ape Beverages is the first sustainable water beverage offered by Web3 and with Ape Water, the first product sourced from Mount Shasta, California, he aims to hydrate the NFT space.

Similar to its Food Fighters universe venture, Ape Beverage uses Bored Ape as the face of the brand, acting as a lightning rod to gain endorsement from BAYC holders. The brand is already starting to make headlines with its influential conference events and general presence. It also includes philanthropic activities that support communities in need of clean water resources.

https://www.youtube.com/watch?v=ps_qWlI6BFg

Contrary to Bored & Hungry, some NFT restaurants aren’t for everyone. Similar to BlockBar’s extravagant nature, there are some NFT culinary experiences that are truly available only to those who belong to certain tax brackets. Flyfish Club, an NFT gated restaurant still in development, is definitely one such experience.

Early 2022 Entrepreneur and Prominent NFT Creator/Collector Gary Vaynerchuk He and his hospitality company, VCR Group, beginning NFT Restaurant. Scheduled to open in 2023, Flyfish Club in New York City will be a private dining club exclusively for members who purchase their membership as an NFT.

Flyfish Club isn’t for everyone, but the idea of ​​a Token Gate member-only experience isn’t new in the NFT space. Given that many brands and projects, and even live events, have implemented token gating as a way to reward their loyal fans, it’s possible other of his NFT cooking efforts will do the same in due course. It is not unreasonable to think that there is a gender. It may be just restaurants and social clubs right now, but eventually NFT and food will continue to heat up.

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