Pizza DAO, the distributed blockchain project that seeks to unite the global community of pizza extremists with the technical capabilities of Web3, celebrates Bitcoin Pizza Day on Sunday in true style.
On Sunday, the project will host commemorative events at 100 pizza places in over 75 countries around the world, including the United States, Argentina, South Korea, Ethiopia, Australia, Canada and the United Kingdom and more.
Along with a nonfungible token (NFT) drop and a charity campaign, the events will attract a large number of fans, including 13-time world pizza master Tony Gemignani, Seth Green, Steve Aoki, the Dogecoin team and comedians Cheech and Chong, among others.
Bitcoin Pizza Day has become a staple and cultural highlight in the cryptocurrency calendar since the 2017 beef market rose, glorifying the story of the blockchain archive disaster.
On May 22, 2010, Laszlo Hanyecz’s posted a 153-word entry on the Bitcoin Talk message board asking someone to either cook at home and deliver, or simply pick up two large pizzas from a nearby counter, stating:
“I will pay 10,000 bitcoins for some pizzas … like maybe 2 big ones so I have a surplus for the next day […] If you are interested, please let me know and we can make a deal. “
A native of Jacksonville, Florida, he was very specific about his topping requirements and wrote, “I like onions, peppers, hot dogs, mushrooms, tomatoes, peppers, etc., just plain stuff no weird fish topping or anything like that. I also like regular cheese pizzas that can be cheaper to make or acquire in other ways. “
User ender_x tried to convince Hanyecz that his money could be better spent elsewhere, saying: “10,000 … That’s a lot .. you could sell it at https://www.bitcoinmarket.com/ for $ 41USD now. “
But Hanyecz persevered in his efforts and finally – seven hours later – successfully traded 10,000 Bitcoin (BTC) for the pizzas. “A big milestone has been reached” replied one user.
At the time of writing, almost twelve years today, this pizza business is worth $ 298 million.
Related: We’ve all had “pizza day” – what’s yours?
Hanyecz’s story reflects the economic growth of Bitcoin and the entire sector over the past decade, but apart from its entertainment and fun value, for many market participants, it represents the need for humility and gratitude as well as conviction for early adoption.
Cointelegraph spoke to Snax, founder of PizzaDAO, to gain a broader insight into their intentions and ambitions to celebrate the milestone:
“Web3 is an opportunity to recreate our financial reality on planet earth, to create solidarity and dream big. What better way to practice teamwork around the world than to hold an international pizza party together?”
PizzaDAO will seek to chain “local independent businesses” using the open source Pizzanomics group funding model. An NFT collection showing different types of pizza boxes published by Rare Pizzas will fund the events.
The project was recently featured in the Cointelegraph’s marketing report by Benton Yaun, creative director of CT Studio, as one of the five most prominent distributed independent organizations (DAOs) in the space.
American actor Seth Green, known for starring in films such as Austin Powers and The Italian Job as well as being Chris Griffin’s voice in Family Guy, among other producers and role writers, is a spokesman for PizzaDAO and will be one of the events. most influential supporters.
In an interview with the Cointelegraph, Green said excitedly: “I really like things that unite people and pizza is one of those things. Help hold an international pizza party that everyone can share? I’m here for that! ”
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