On June 24, an article appeared in an American publication telling of “what happened to the cryptocurrency restaurant after the cryptocurrency crash.” Journalists from the Los Angeles Times visited the Bored & Hungry burger joint, speaking with the staff and owner.
Significant changes in the restaurant began in mid-June, when the price of most cryptocurrencies dropped significantly and the value of ApeCoin coins (part of the restaurant-themed NFT ecosystem) fell by 80%. After that, the prices indicated in Ethereum and ApeCoin were removed from the menu, it is not known when the restaurant will pay with cryptocurrency again.
The journalists asked the visitors how this decision affected them. Many diners at the burger joint paid for their food in dollars, so nothing has changed for them.
Burger Bored & Hungry is considered the first fast food restaurant in the world to accept payments in Ethereum and ApeCoin. The restaurant was originally opened to reflect the aesthetic of the Bored Ape Yacht Club (BAYC) project. The walls are adorned with NFT memes and images in the form of collectible token characters. The recognizable drawings are present even on the plates.
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Source: IXBT
