Burger King in Russia Issues its own Cryptocurrency based on Waves

[thompshma]

I love how the minute there is news about omisego and mcdonalds the price explodes.

But not with waves and burgerking 

[Moneroman88]

very interesting. this way anyone in Russia can now pretty much do manual token mining by proof of burger eating

[itsonlikedonkeykong]

Do you believe that eventually all businesses will have their own cryptocurrencies?

[Seansky]

Do you believe that eventually all businesses will have their own cryptocurrencies?

It's possible but most probably only big companies will have their own cryptocurrency. Not all company affords to create a new cryptocurrency of their own or not all company can hire one to create a coin. I really hope those who wont create their own crypto will use other coins present in the market today so that many of the cryptocurrency coins who are not used in real life today will be used in the future.

[Geleve]

It is really good to hear that kind of news about waves platform. Waves platform is getting more popular day by day and even big companies aware about waves. I am sure after a few months many big companies will use tokens based on waves platform. And there will be so many of them so we will not be able to open new topics for each one  

[zokora]

I understand that waves is very popular in Russia. But it needs a popularity in other countries as well. Asians and Europeans have more money than Russians to pump the coin

[oxonhu]

it seems a really good news. next big news will be if Burger King use this for other countries too than waves will rise like litecoin. i guess this will pump waves to 10$.

[Immakillya]

Hmmm... Interesting idea. This must be good since burger king is one of the most popular fast food chain in the world. This is the sign that Waves market is alive competing with bigger markets like Bitcoin and Ethereum and i know this is just the beginning. I know Waves has the potential to compete with huge markets because the platform is very interesting to investors.

[robeth]

Companies of this size take part in the world of coin is very interesting for parties waves ,,
Payments using good idea tokens, and many investors will invest.

[Butchick]

Associating crypto in fastfood chains is really a good idea and convenient as well especially for people you are capable of paying them thru coins. If this will truly push, and this news really holds some Truth, then it's a good way to introduce crypto world to a lot of people since burger king is a known fastfood chain. And this news will truly pump some waves.

[Prodigan786]

Waves it's pretty good and awesome platform I seen in cryptoworld it's quit easy to create token inside waves platform even it charges some waves to create token if venture like Burger King create coins inside waves it will surely increase waves value based on transaction.

[Vladdirescu87]

Representatives of Burger King fast food restaurants, who have recently announced the launch of a new cryptocurrency “Whoppercoin”, have been called in to the prosecutor's office in Moscow to explain the nature of their digital currency and how it works.

According to a representative of Burger King, prosecutors reminded that only operations in rubles are legal in Russia, and asked them to write an official statement that the company did not conduct a mass issue of "Whoppercoins."

Burger King has announced that it is now offering its own cryptocurrency, launched on the Waves blockchain platform, in August 2017.

https://coinidol.com/prosecutors-vs-burger-king-in-russia/

[fisheater]

interesting move, this will promote the use of cryptocoins. the crypto coins provides a lot flexibility in the usage as compared to the cash.

[chesegrinder]

as my understanding it is like a reward points system that every time you buy whopper you will receive whoppercoin that you can suddenly exchange into their item. I cant say that this will be a currency, it is like in 7 eleven that they have they so called reward card that everytime you buy you will received a points and you can redeem item using it. Burger king Gen. Director say that they will just test the system first so it have a 50-50 that they will release some of this son. BUT for me it is a good news as the growing adoption of crypto are being test in some physical store. Thanks for sharing!

[BitcoinPanther]

It is not a surprise when everyone is jumping on the cryptocurrency trend.  Besides creating a token inside a wave platform is kinda easy .   What I like on these concept is that this coins serves as points whenever they bought whooper burger.  Kinda loyalty reward .  Well, unlike several token, at least this kind of token is backed by actual goods The Whooper Burger!

[JasonXG]

Lol. The blockchain runs on whopper burger sales. One burger every ten seconds so one coin every ten seconds. So how long to make 1 billion burgers ? xP

In the article there are people posting from face book. One said he bough 100k tokens. Where would he have bought them ?

as my understanding it is like a reward points system that every time you buy whopper you will receive whoppercoin that you can suddenly exchange into their item. I cant say that this will be a currency, it is like in 7 eleven that they have they so called reward card that everytime you buy you will received a points and you can redeem item using it. Burger king Gen. Director say that they will just test the system first so it have a 50-50 that they will release some of this son. BUT for me it is a good news as the growing adoption of crypto are being test in some physical store. Thanks for sharing!

Yep it is like a reward system. This is one of the very many ways bitcoin can be implemented.

[cryptotal]

This is interesting. Sooner more stores will open its doors to crypto payments