- McDonald’s is running an NFT competition on Twitter.
- Ten lucky participants stand to win an exclusive McRibNFT.
- Also, for eligibility participant must have an Ethereum compatible crypto wallet
Fast-food giant McDonald’s is the latest global brand to join the non-fungible token (NFT) frenzy. The Big Mac Cube NFT owner has launched a new NFT series dubbed the McRibNFT.
In addition, McDonald’s is giving ten lucky fans the chance to win an NFT through a competition on Twitter. To participate, the food giant is asking Twitter users to reshare its #McRibNFT tweet.
To participate, users must have a valid Ethereum compatible cryptocurrency wallet. Participants should also be over 18 years old and live in a country or region where cryptocurrency is legal.
Specifically, only residents in the 50 United States of America and Columbia are eligible to participate. Also, the competition will run from November 1, 2021, to November 7, 2021. Other terms and conditions also apply.
At the time of writing, Twitter users had retweeted the tweet over 21,000 times. The tweet was also quoted 2,797 times and liked it about 13,500 times. In addition, several comments applauded the pro-crypto move by McDonald’s. Some commenters predict that the food giant will help accelerate mainstream crypto adoption.
Meanwhile, top McDonald’s rival Wendy’s shared an NFT inspired post on September 24, 2021. Wendy’s post could be related to the viral Fast Food Punks NFT series. Fast Food Punks includes 1,000 curated fast food-themed NFTs.
The NFTs launched on OpenSea priced at 0.01ETH in an attempt to make NFTs more accessible to the general public. Similarly, Crypto Punks initially launched free of charge for anyone on the Ethereum network. Now, CryptoPunk NFTs regularly set and break price limits records, for instance, a Crypto Punk rock NFT recently sold for about $100,000.
However, despite similarities between Crypto Punks and Fast Food Punks, the latter claims no affiliation to Larva Labs. Larva Labs is the group behind for Crypto Punks.
