Lunchbox Created & Sold a Non-Fungible Token Restaurant on OpenSea
Laura McQuarrie — February 8, 2022 — Tech
References: lunchbox.io & prnewswire
Lunchbox, the operating system for managing a restaurant's entire digital experience, recently created and sold its first virtual NFT restaurant on the OpenSea marketplace. The sale of this first digital restaurant from Lunchbox aligns with its vision to expand into both traditional restaurants and ghost kitchens, and it is said that "This concept is the company's first phase into the metaverse."
Bareburger is the 35-unit restaurant group that purchased the virtual NFT restaurant and it will be able to fully retrofit it to suit its brand. Complete with digital kiosks, the NFT restaurant welcomes virtual guests into the future.
All of the proceeds from the sale of this non-fungible token restaurant will help to support a charity devoted to marginalized entrepreneurs in the culinary industry that provides business development resources and support.
Bareburger is the 35-unit restaurant group that purchased the virtual NFT restaurant and it will be able to fully retrofit it to suit its brand. Complete with digital kiosks, the NFT restaurant welcomes virtual guests into the future.
All of the proceeds from the sale of this non-fungible token restaurant will help to support a charity devoted to marginalized entrepreneurs in the culinary industry that provides business development resources and support.
Trend Themes
1. Virtual NFT Restaurants - The creation and sale of virtual NFT restaurants presents an opportunity to explore the use of blockchain technology in enhancing the digital dining experience.
2. Expansion of Lunchbox - Lunchbox's plans to expand into traditional restaurants and ghost kitchens could disrupt the foodservice industry by offering new ways to manage the digital experience of these establishments.
3. Metaverse Integration - The virtual NFT restaurant is an example of the expanding integration of the metaverse into various industries and presents opportunities for novel digital experiences and business models.
Industry Implications
1. Foodservice - The use of non-fungible tokens and blockchain technology in the culinary industry offers disruptive innovation opportunities for digital ordering, payment, and delivery systems.
2. Charity - The creation and sale of non-fungible token restaurants for charity presents an opportunity to explore new fundraising models and support marginalized entrepreneurs in various industries.
3. Blockchain - The use of blockchain technology in creating and selling non-fungible token restaurants represents a promising opportunity for disruption in the digital asset and finance industries.
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