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Investor and Entrepreneur Anthony Pompliano launches world's first decentralized pizza brand - Bitcoin Pizza
May, 19 2021
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Anthony Pompliano announced yesterday that he
has launched the world's first decentralized pizza brand - Bitcoin Pizza and the
profits will be donated to Human Rights Foundation's Bitcoin Development Fund.
According to Bitcoin pizza's website, Big
Pizza brands like Domino's and Pizza Hut has ruled the pizza industry and is
displacing beloved mom-and-pop shops with their corporate mumbo jumbo. Bitcoin Pizza is the first decentralized pizza brand uniting neighbourhood pizzerias
under one roof to take on Big Pizza. This was the idea behind creating a new
pizza brand by Pompliano
Once the pizza is ordered, Local pizzeria will make the pizza and it will be delivered in Bitcoin Pizza box and profits from it will be given to Human Rights Foundation's Bitcoin Development Fund.Pompliano clarified in a tweet how the profit will be going to bitcoin development fund and how Bitcoin Pizza will support Local businesses. 'If the pizza shop normally charges $10 for the pie, they get $10. The consumer may pay $12-15. The difference is donated' 'tweeted Pompliano.
Regarding Human Rights Foundation's Bitcoin
Development Fund, Pompliano said “ it
was a no brainer partner for us on this.They are doing amazing work to
help support the people who work tirelessly every day to make sure that bitcoin
continues global ascension to mass adoption”
One of his tweets is as- “Today I am announcing
Bitcoin Pizza - a new national pizza brand that is launching in 10 cities. The
first pizzas will be delivered this Saturday, which is the 11th anniversary of
the infamous bitcoin pizza transaction.”
And with an upturn, they are getting responses from
their bitcoin lovers. At the time he announced this news on social media.
Immediately, the response has begun to come. Hurry, for the achievers for this
superb idea.
The Bitcoin Pizza idea was to
help fund the research and development of the renowned cryptocurrency - Bitcoin.
The disreputable transaction he refers to was when Laszlo Hanyecz bought two
Papa John’s pizzas for 10,000 bitcoin in 2010. It marked the first time a
commercial transaction was completed through the currency.
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Shivangi Mujumdar
CBW - External Analyst
INDIA
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