This McDonald’s-themed metaverse eatery offers NFTs without license

This_McDonald's_themed_metaverse_eatery_offers_NFTs_without_license

This unlicensed spoof of McDonald’s in the metaverse sells NFTs for virtual food. There are different stories about whether or not there will be a McDonald’s in the metaverse.

McRTFKT’s says on its website that it is “the metaverse’s first QSR virtual franchise,” but the name is actually pronounced “McArtifact’s.” Some of the non-food items (NFTs) that will be sold at the restaurant, which is based on McDonald’s fast food, include a “Double McMurakami” burger and a “10-piece Pigeon McNuggets” meal. OpenSea is an NFT marketplace where you can buy one of these tokens for just the cost of the gas needed.

In the past year, Chipotle and Wendy’s have shown that running a restaurant in virtual space is not a new idea. The main difference is that the real McDonald’s has nothing to do with McRTFKT’s. Nike’s NFT subsidiary RTFKT, whose initials make up the name of the company, has nothing to do with the NFT brand.

This may come as a surprise, since McRTFKT’s logo, which is a mix of the Golden Arches and RTFKT’s swoosh-like symbol, makes a lot of assumptions.
Tyler Cohen, who is the creative director of the virtual space, thought it was important to help businesses have a stronger presence in Web3 by giving them a model for how to do this in the virtual world.

Cohen told Ad Age, There are so few activations in this “metaverse” that are so horribly bad that it’s hard to believe. This is how McRTFKT plans to get into these well-known companies.

Latest NFT News, Trendings and Tutorials, right at your inbox, every Monday

The post This McDonald’s-themed metaverse eatery offers NFTs without license appeared first on NFT News Pro.



from NFT News Pro https://ift.tt/chSn2Bs

Comments

Post a Comment

Popular posts from this blog

How to make money with NFTs?

Image
In the following, we will learn about NFTs and the best ways to make a profit with NFTs in 2022.  Non-fungible tokens or NFTs are attracted lots of attention among investors since 2021. They have been one of the most profitable blockchain-based assets. NFTs such as The Merge, sold for $91.8 million, and Everyday: The First 5000 Days by Beeple , sold for $69.3 million, even caused more changes in how the world estimated the profit of the digital collectibles. But, do you need to spend so much money to gain profit from NFTs? The answer is a big no! Although lots of NFT artists and investors have made lots of fortune through creating NFTs, there are also other ways to take advantage of the market. Before knowing how to get rich through NFTs, first, you have to know what exactly NFTs are. If you already know about NFTs so go to the next section. What is an NFT? Non-fungible tokens or NFTs are digital assets that cannot be changed or duplicated. Each NFT, therefore, is one-of-a-kind
Read more

NFT Legal Issues and Risks

Image
Several factors influence the interest in NFTs, including the popularity of blockchain technology, growing interest in cryptocurrencies, and interest in digital art and collectibles. However, the growth of the NFT market brings about legal risks and issues associated with non-fungible tokens as digital assets. The NFT market is crowded with lots of NFT projects which makes investors think carefully before buying a digital asset due to the high risk of fraud. Most NFT investors are not fully aware of the legal risks and issues associated with NFTs, though there is currently little legal protection for investors in the NFT market. In the following, we aim to inform our readers about legal issues and risks associated with NFTs and the market they may face in 2023. Copyright Infringement One of the most important issues for an NFT creator is to know the rights they acquire by creating a non-fungible token. If an NFT is produced based on someone else’s work or idea without their conse
Read more

How to Add Utility to an NFT?

Image
There are several factors that determine the success of an NFT project. In the long term, though, a few factors make an NFT valuable in the market. NFT utility is a key to NFT investors and collectors which convince them to invest in a project and become a member of the community. Adding utility to an NFT project can create real-world value for the project and take it to new heights. In fact, NFT utility allows an NFT to transform from a simple digital token to a highly desirable and valuable asset. If you are also thinking about adding utility to your NFTs, here is all you need to know. In this article, we provide a complete guide about NFT utility, its types, NFT utility apps, and examples of successful utility NFTs. What is NFT Utility? In simple terms, utility refers to the additional benefits or services that add to the value of an asset. Utility NFTs refer to digital tokens that have a practical application and, therefore, higher values. Such utilities can be the key to t
Read more