The first usage of bitcoin as a currency was when 10,000 bitcoins were given in exchange for two pizzas. The bitcoins involved in the transaction are now worth more than $100 million dollars today.Â To celebrate this historical sale, Dominoâs France is giving away â¬100,000 to one lucky customer in either fiat or in bitcoins.
Dominoâs Franceâs Bitcoin Giveaway
According to the rules , customers wanting to qualify for this generous giveaway must buy a pizza and then register themselves for a lucky draw.Â The competition began on the 4th of September and will run till October 6th and is being conducted to mark the pizza brandâs 30th birthday.
Hanyecz Bought 2 pizzas For 10k BTC
It all began in May 2010 when Laszlo Hanyecz paid 10,000 bitcoins, worth $41 at the time, for the delivery of two Papa Johnâs pizzas. The same bitcoin paid for two pizzas 2010 are now worth over $100 MM in todayâs price. Now, 22nd May is popularly celebrated as âbitcoin pizza dayâ in the crypto community.
Previous Blockchain Venture
Dominoâs has made an attempt to explore opportunities relating to blockchain before now but wasnât fortunate enough to be successful. Around May, the Singapore and Malaysia division of Dominoâs Pizza worked together with Netherlands-based blockchain firm SingularityNET in order to deploy its blockchain-enabled artificial intelligence (AI) technology. The partnership was created in order to improve Dominoâs supply chain across the two locations; Singapore and Malaysia.
However, the venture didnât attract my market demand and the early investors in SingularityNet were rewarded with a minus 71 percent return on their investment.
The post Bitcoin: Dominoâs France is Giving Away â¬100,000 Worth of BTC; Hereâs Why! appeared first on Coingape.