- Bored & Hungry became the first restaurant in the world to accept ApeCoin alongside Ethereum.
- BAYC and MAYC NFT holders received free treats during the restaurant’s opening.
- Meanwhile, people questioned the practicality of the payment method due to expensive ETH gas fees.
Newly-opened Bored & Hungry restaurant has become the first in the world to accept ApeCoin as payment. Located in Long Beach, CA, Bored & Hungry is dubbing itself the first ‘Bored Ape’ restaurant as well.
Aside from ApeCoin, Bored & Hungry will also accept Ethereum as a means of payment for its food. In addition, the restaurant has provided special treats and deals to verified Bored Ape Yacht Club (BAYC) members.
Specifically, BAYC NFT holders received a free burger combo each, while Mutant Ape Yacht Club (MAYC) NFT owners munched on a free burger as well. What is more, the first 50 guests to the restaurant received a free gift.
Bored & Hungry is a restaurant opened by foodpreneur Andy Nguyen, who also owns a BAYC NFT himself.
Meanwhile, people expressed misgivings regarding the potential profit of Bored & Hungry. Specifically, people on Twitter commented on the issue of potentially-expensive Ethereum gas fees when paying for food using cryptocurrency.
ApeCoin price also skyrocketed in the last 24 hours. From a low of $10.64, APE is currently trading at $12.23, which is a surge of 13.5%. On the other hand, Ethereum price is still attempting to recover back to $3,500, although it seems stuck at $3,300.
Recommended News :
Crypto News Land (cryptonewsland.com), also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.