Burger King Offers Bitcoin, Ethereum, Dogecoin Giveaway with Robinhood

Burger King Offers Crypto Giveaway With Robinhood

Starting from Nov. 1 to Nov. 21, members of Burger King’s Royal Perks loyalty program in the U.S who spend $5 or more will be rewarded with one coin from a pool of 20 bitcoin (worth $1.24 million), 200 ether ($870,400) and 2 million dogecoins ($540,000).

After making the purchase on the Burger King app, customers will receive a prize code via email which they can then check and claim the prize through the Robinhood app.

While the majority of the users will be rewarded with DOGE, roughly one in every 10,000 will receive ether and one in every 100,000 will receive a complete bitcoin. The odds of winning are 100,011-to-1 for bitcoin, 10,001-to-1 for ether, and 1-to-1 for dogecoin, per the announcement.

In a statement released, Burger King stated:

Fast Food Chains Serving Up Crypto and NFTs

This is not the first time Burger King has used cryptocurrencies to promote their restaurant. The food chain’s outlets in Germany and Venezuela have, at times, accepted cryptocurrency as payment. In 2017 the chain even launched its own cryptocurrency called the “Whoppercoin” in Russia. While it’s still tradable, the crypto remains largely forgotten by investors, with no recent sales.

Fast food giants such as McDonald’s and Taco Bell along with Burger King have taken to NFTs to enable gamified promotions and distribution of their products and services by launching their own NFT collections.

Earlier yesterday, McDonald’s announced on creating its first-ever non-fungible token in honor of the McRib’s 40th anniversary and will begin giving out the NFTs to fans on Twitter starting Nov. 1.