Burger King launched its own Cryptocurrrency in Russia, which is called Whopper Coin. So now in Russia you can earn Crypro Coins by eating fast food. BurgerKing emulated about 1 Billion Whoppercoins, for Eating a Burger you will recive about 1700 Whoppercoins. The Whoppercoin is more like a Funcoin than it is a real investment thing. Anyway for Burger King it is some good Promo and attention, all in all they did some good Marketing. Interessting is, that the Coin is based on the Waves Currency, which is made for Creating tokens. Burger King used now it's technologie for creating it's own Token. Waves offers a possibility to create own Tokens at a very easy way!
WhopperCoin transactions will be powered by Ethereum rival Waves' distributed ledger network. The blockchain platform allows users to issue and transfer custom blockchain tokens, and to trade them on an integrated peer-to-peer exchange.A blockchain is essentially a ledger of transactions that cannot be tampered with or changed. Such technology has been promised to revolutionize processes from financial trades to legal "smart" contracts.
Burger King has waded into the cryptocurrency market with the launch of its own virtual coin called "WhopperCoin" in Russia.With each purchase of the burger chain's signature Whopper sandwich, customers can receive WhopperCoin tokens via a digital wallet.Bitcoin traders have previously gotten a lot of flak in Russia, with reports last year suggesting users could even face jail time under proposed legislation.However Russia's First Deputy Prime Minister Igor Shuvalov has since shown support for cryptocurrencies. In an interview with Russian media organization RBC, he said: "I am a supporter, a cryptoround (sic) must exist."
How WhopperCoin would work
WhopperCoin transactions will be powered by Ethereum rival Waves' distributed ledger network. The blockchain platform allows users to issue and transfer custom blockchain tokens, and to trade them on an integrated peer-to-peer exchange.A blockchain is essentially a ledger of transactions that cannot be tampered with or changed. Such technology has been promised to revolutionize processes from financial trades to legal "smart" contracts.In a press announcement Friday, Waves said the tokens would be used to reward customers for each purchase of the Whopper, and eventually to buy burgers in exchange for the tokens once a customer has collected enough.
The coins can also be transferred and traded online, allowing customers to either save their rewards or sell them to new buyers."Now Whopper is not only burger that people in 90 different countries love – it's an investment tool as well," Ivan Shestov, head of external communications at Burger King Russia said, quoted by Waves."According to the forecasts, cryptocurrency will increase exponentially in value. Eating Whoppers now is a strategy for financial prosperity tomorrow."The restaurant chain is set to release an app for the digital tokens in both the Apple Store and Google Play next month.
Various investors, firms and even governments have been showing an increased interest in digital currencies. Last week Estonia announced its own aim to launch a state-backed cryptocurrency, called "Estcoin".Separately in Venezuala, citizens have reportedly been turning to bitcoin to afford basic necessities.And this month bitcoin hit a fresh record high of more than $4,300 – although the original cryptocoin's blockchain was forced to split in two earlier this month, contributing to concern from some investors.Ethereum meanwhile reached a near two-month high last Monday, trading at nearly $330.
In view of Waves delivering a very interessting technologie and its growth in past was all in all good waves is a very interessting currency for investors. The Whoppercoin could also bring a little boost to the waves currency as its announcet at many plattforms right now. Apart from this I thing that waves could make it's way on the market.
Im no advisor, this article is based on my own opinion as a private person.
