Burger King in cryptocurrency

[pearlmen]

what do you about the new coin whoppercoin? it was launched by burger king in russia
source: http://amp.timeinc.net/fortune/2017/08/25/burger-king-russia-cryptocurrency-whoppercoin/?source=dam

I don't see anything wrong in this because its just a way to still spread the word of crypto currency but the limitation I see  here is on its usefulness to the general population of crypto because this will be limited to the Russians as other have said to be of a loyalty reward program for their client which is something that is not open to everybody.

[1714285529]

1714285529

[defined]

Great utilisation of the blockchain services to run a royalty program within a fast food giant. Wouldn't be surprised if more companies follow suite as it would improve their overall customer satisfaction. There would be no issues on the technical front either as it's like a local blockchain.

You are right - it is genius. According to the following article:

http://fortune.com/2017/08/25/burger-king-russia-cryptocurrency-whoppercoin/

The Whoppercoin launched in tandem with a new loyalty program. For each Whopper burger customers purchase, they'll receive one Whoppercoin in a special cryptocurrency wallet. While the coins’ wider use is unclear, some reports suggest that the Whoppercoin will be accepted as payment at Burger Kings across Russia.

That's a genius idea for distributing coins. I bet it starts getting used for all sorts of things - it just needs local merchants to agree to accept it, and away it goes.

A modern variation on stamps, stickers, loyalty cards and discount coupons.

Is this true, I mean, does Burger King actually own Whoopercoin? Or is it just an Hoax?

If true, it can reach people who never used cryptocurrency in their lives. Most people do anything to get a discount.

The token thing is being so popular that every enterprise are jumping to it. Even Facebook is rumored to be issuing it's own currency.
Don't know what the immediate result be but in the long run block-chain technology is coming to everyone home.

Facebook has to comply with regulation. Anyone anonymous can create some token with 2 mouse clicks. Facebook is a large company that uses official recognition of the currency.

Will it be called Proof Of Woppers ?

Pound of Woppers

[Retired]

I still think it's a hoax.

[V1saya]

I am not sure if this is hoax or a move just to make some hype but I have encountered this news several times including from twitter and facebook feed. This is also twitted by waves themselves. If this is true, I do not see any particular problem with it. Restaurants and fastfood chain should adapt to the client's comfort and convenience. This is even a great promotion for the entire crypto.

[Retired]

On the WAVES thread people say it's not a hoax.

[6Asmodeus6]

it sounds interesting but it is far from practical. it is too limited. you see a real cryptocurrency should be easily used everywhere, they might as well have given everyone coupons on a paper because both of them are going to do the same and a piece of paper is much easier to use than a cryptocurrency. and everyone can use it too.
in other words they have just complicated things for no reason!

when a shop or franchise starts accepting bitcoin, it is bitcoin, you can use it everywhere, you can get your change back in the same way. it is not limited only to that shop. so the hardness of using it is justifiable at least.

not to mention that with your own internal altcoin, you will have to explain to every single customer how it is going to work!

Yeah it's not practical to use on people that doesn't have any relation or information about cryptocurrencies but I don't think it will be the same as a paper coupon.If it's a altcoin , when this project gets international people will be able to send these whoppercoins to everywhere and it will gain value.You can get it and sell it for bitcoin.For now it's definitly doesn't make any sense.

[Keihatsu]

It's not a hoax, Whopper coin is a Waves token.

Waves has huge political and business support in Russia.

[sebastianpenguen]

what do you about the new coin whoppercoin? it was launched by burger king in russia
source: http://amp.timeinc.net/fortune/2017/08/25/burger-king-russia-cryptocurrency-whoppercoin/?source=dam

It's just a cheap advertisement trick. They saw the crpyptocurrencies are very popular anf pitched that idea. That brings no innovation or new things to the community. I simply neglect this news about burger king company.

If they want to do something, they can come up with a real project on blockchain.

[nodav]

Good idea. I want buy kingburger and use my bitcoin.

[BHTeam]

Well,

how do we mine those, or should I say bake them on the go?

[ioseta]

Im not sure if its correct news or hoax ..
Its not impossible, the countries like Russia where cryptocurrency start to getting more popular and known by people, are able to provide some services to the public in daily life. But i think this burger king idea does not work.

[jhonbravo]

so it was false News or Orignal News ? How to buy this coin if it is real one  ??

[pawanjain]

Thats really a good idea. I think a similar concept was once introduced for buying pizzas where one would pay in bitcoins to get a pizza delivered to his place.
whoppercoin might be actually be a success because Burger king is a huge platform and it is one of my favorite place to eat burgers. It would really be awesome if Burger king would accept crypto currency as mode of payment all around the world. May be they could develop an app where the order amount will generate a QR code and we should just scan and send the required amount . Cant wait if this happens.

[The_Dark_Knight]

PR stunt more than anything.  Considering WAVES is based in Russia it's completely unsurprising.

Even if that is what it is, I think this is good, crypto is slowly but surely gaining ground, I think we are going to see a lot more of this in the future where private companies start to use existing projects and services to create their own, I think this is the start of a trend.

[Bay_Harbour_Butcher]

good news, now burger king is interested in the world of crypto currency, and based on what I know, burger king uses waves as its platform, if this is true, it will be very crowded

[Shimeka30]

what do you about the new coin whoppercoin? it was launched by burger king in russia
source: http://amp.timeinc.net/fortune/2017/08/25/burger-king-russia-cryptocurrency-whoppercoin/?source=dam

Wow! successful achievements for bitcoin, where one of the fast food that are well known is now altcoin accepted which is Whoppercoin. But sounds new to me, but any way it is a good thing it this things will happen.

[shimbark123]

I've heard about burger king created a cryptocurrency to support their food offerings. First I had a good laugh when I heard that story but are they accepting that crpypto in their foods? What is the name of their new crptocurrency?

[rtinedal]

Is this true, I mean, does Burger King actually own Whoopercoin? Or is it just an Hoax?

I think it's just a big scam so they can market that whoppercoin. because if the owner of whoppercoin is burgerking all branches of burger king receives whoppercoin as of payment why in russia .. or maybe from russia the owner of whoppercoin that just uses the burgerking background. Most of the wavesplatform are shitcoin. but watch out for that whoppercoin that maybe there is a future.

[kryptqnick]

Will it be called Proof Of Woppers ?

Ye, ye, and new sight of PoW. Wait for PoS from McDonalds and master nodes from Starbacks. Why not? New economy model

Yeah, that's funny. I think it is actually not very good that more coins are created. I mean, I understand when Estonia plans to launch national cryptocurrency and there are talks about such things for Ukraine as well. And yet I think that in case of private business it would be easier and better to accept one of the established and famous coins. There are so many of them already! I'm sure these new ones don't offer anything new!

[N@p$t3r]

Oh man! this whoppercoin is for keeps. I have 5 whoppercoins in my wallet bought by my waves. Honestly, I do not care about its potential but all I care about is the free burgers.