November 28, 2022
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A-list celebs take away NFT avatars amid crypto winter

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Most celebrities who purchased and displayed NFTs as social media avatars are actually eradicating them amid the cruel crypto winter, which has led to a downturn in NFTs as effectively.
The publish A-list celebs take away NFT avatars amid crypto winter appeared first on Cryptonomie…

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The Los Angeles Times reported Friday that just lately opened NFT-themed burger joint Bored & Hungry not accepts cryptocurrency as a type of fee for its meals.When questioned, one Bored & Hungry worker informed the Los Angeles Times “Not today — I don’t know.” The particular person didn’t give any indication of when the choice was made to chop crypto from the menu of fee choices, nor did they know if crypto funds could be making a return.Bored & Hungry initially launched again in April of this yr. At the time, one employee informed the Los Angeles Times that almost all of its prospects didn’t appear to care about crypto fee choices, additionally noting that prospects have been usually detached to “the restaurant’s fidelity to the crypto cause.”Another Bored & Hungry restaurant patron informed the Los Angeles Times “People want to hold onto their ethereum. They’re not gonna want to use it.” Customer Richard Rubalcaba mentioned, “I don’t know how [crypto purchases] would work, with the crash.”Many of the restaurant’s patrons acknowledged that they aren’t hardcore crypto lovers, and easily frequent the institution for the meals. Customer Jessica Perez mentioned, “We rate this up there with In-N-Out, maybe even better.”Changes to venue’s fee insurance policies appear to fall in step with the overarching crypto and macro economical meltdown transpiring throughout the globe. But by no means worry, hungry crypto customers! You can nonetheless go to Chipotle, which started accepting crypto funds earlier in June by way of Flexa. Several nations are going through relentless laws and scrutiny and there are problems with contagion within the crypto market.Cointelegraph reached out to Bored and Hungry proprietor Andy Nguyen for clarification on the restaurant’s crypto acceptance, however didn’t obtain a response previous to publication.
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