Bored & Hungry LA closes its doors after serving its last NFT-inspired burger
A popular burger restaurant in Los Angeles, known for incorporating a Bored Ape Yacht Club (BAYC) nonfungible token (NFT) into its branding, has announced that it will be shutting down after two years in business. The restaurant has been sold to a decentralized autonomous organization (DAO) called Hungry DAO.
In an April 8 post, co-founder Andy Nguyen bid farewell to the original Bored & Hungry location in Long Beach, CA. He revealed that the Hungry DAO has acquired the Bored & Hungry brand, which currently has three locations in the Philippines and one in Seoul, South Korea. The brand is also planning to open pop-up locations in Hong Kong, Singapore, and Dubai later this year.
Nguyen mentioned that the founding team of the restaurant will join the DAO as shareholders, and they will soon announce the brand’s new home in the United States.
Bored & Hungry first opened its doors in April 2022, and it has since inspired other Bored Ape NFT holders to start their own businesses. For example, a Cuban restaurant in Miami has also used its NFT as part of its branding.
Nguyen expressed gratitude to the BAYC and Web3 community for their support in utilizing the ownership of digital IP assets to create a unique restaurant brand. He stated that they are proud of their accomplishments and excited to see how the community will continue to innovate in the future.
BitBoy One: A Bitcoin NFT gaming console and wallet
Ordz Games, a gaming platform based on the Bitcoin Ordinals, has unveiled its latest creation at the Web3 Gaming Expo in Hong Kong. The company showcased the BitBoy One, a gaming console and crypto wallet that resembles a Game Boy. The device is expected to be priced at around $500, with preorders set to begin in mid-April.
Compared to other handheld retro game consoles like Anbernic, which start at around $50, the BitBoy One comes with a higher price tag. However, it offers unique features that set it apart. The console is capable of playing retro-style play-to-earn games powered by Bitcoin using the NFT-emulating Ordinals protocol. Additionally, it serves as a wallet for storing any earned Bitcoin (BTC), providing users with an all-in-one gaming and crypto experience.
The BitBoy One also has the ability to power a Decentralized Physical Infrastructure Network (DePIN), allowing users to farm airdrops by simply leaving the console running.
Doodles announces animated film featuring Lil Wayne and Coi Leray
The NFT collection known as Doodles has revealed its plans for an upcoming animated film called “Dullsville and The Doodleverse.” The film will feature popular rappers Lil Wayne and Coi Leray as voice actors for two of the characters.
In a recent post, Doodles stated that it will gradually unveil the film’s storytelling experience throughout the summer. This will be done through various mediums such as music, live events, partnerships, merchandise, and NFTs, which they have branded as “digital collecting experiences.” The film is set to premiere at the Toronto International Film Festival in September.
While specific details about the film are still scarce, Doodles did mention that Lil Wayne will voice the character “Captain Stoke,” a skeleton, while Coi Leray will voice “Deysi,” a seemingly anthropomorphic flower. The film’s original soundtrack will be composed by singer-songwriter and Doodles’ chief brand officer, Pharrell Williams, and will include three music videos.
NFT sales continue to decline for the fifth consecutive week
The sales volume of nonfungible tokens (NFTs) across all blockchains has been on a downward trend for the past five weeks, following a peak in early March. Ethereum NFT sales have seen a significant drop, contributing to the overall decline.
Data from CryptoSlam! shows that the daily total NFT sales volume reached its highest point this year on March 4, surpassing $80.4 million. However, as of April 8, the sales volume has decreased by over 50% to nearly $39.4 million.
Ethereum NFT sales have experienced a substantial downturn, with a nearly 48% decrease in the 30-day figures, amounting to $363.3 million. This drop is greater than the declines seen in other leading blockchains such as Bitcoin (13.5%), Solana (over 15%), and Polygon (nearly 34%).
On the other hand, Bitcoin-based NFTs have witnessed a 24% increase in sales volume over the past week, reaching $97.7 million. This makes Bitcoin the only blockchain among the top five to see a weekly gain.
In terms of trading, the most popular NFTs over the past week and month have been the “Uncategorized Ordinals,” which include any Bitcoin Ordinal not belonging to a recognized collection. These Ordinals have seen a trading volume of $156 million over the past 30 days, a 54% increase compared to the previous period.
Other news:
– Dogecoiners have organized their own “Runestone” airdrop, replicating the highly anticipated giveaway conducted by Bitcoin Ordinals last month.
– Crypto exchange Binance has decided to stop supporting Bitcoin Ordinals on its NFT marketplace, citing the need to streamline its product offerings.
– Web3 Gamer has released an updated version of the Gods Unchained app, which no longer includes crypto features. Additionally, a review of the Kings of Fighters Arena game has been published.
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