News is currently circulating that the Bored Ape Yacht Club (BAYC)-themed restaurant, Bored and Hungry, would no longer accept cryptocurrency payments. Well, it appears that this is fake news.
Summary
ApeCoin and Ethereum are still accepted at Bored and Hungry
Last week, the LA Times newspaper had reported that the Long Beach fast food restaurant had stopped accepting ApeCoin and Ethereum as payment methods because of the Bear Phase market.
Yet, what seems actually obvious is that this was fake news. In fact, Andy Nguyen, an entrepreneur who founded Bored and Hungry, explained on Twitter that the restaurant has always continued and will continue to accept the two cryptocurrencies:
Lmao! Fake news! Why on earth would we stop accepting crypto at @BoredNHngry ? We would just adjust the crypto pricing to match usd. We still and always will accept ETH & ApeCoin at our store https://t.co/71qZaNm6YP
— Andy Nguyen Bored & Hungry (@AndyTheNguyen) June 27, 2022
And not only that, Andy explained that he also accepted cryptocurrencies at the booth they had during the NFT.NYC conference held a few days ago in New York.
And we were accepting crypto during ApeFest for 3 of our brands.. with our new upgraded system… chill on the click bait media pic.twitter.com/StHnRS5wyH
— Andy Nguyen Bored & Hungry (@AndyTheNguyen) June 27, 2022
Here’s also a video evidence of crypto payments still active:
From day 1, Bored & Hungry has been committed to bridging IRL to web3. Our team of developers are constantly working to optimize our systems to better serve our community. In our fast-paced industry, we're always moving, shifting and changing to fit the needs of the future. pic.twitter.com/gpOsL9QG8Z
— Bored & Hungry | Home of America's Best Burger (@BorednHungry) June 27, 2022
Anyway, the fake news regarding Bored and Hungry would stem from the fact that during a visit of the LA Times reporter to the restaurant, crypto payments had been temporarily suspended due to a technical problem. This version of events was confirmed by co-founder Kevin Seo.
Bored Apes and the latest news about the NFT project
Just a couple of days ago the single by rappers Snoop Dogg and Eminem had been released with a tribute to the famous NFT collection.Â
Last December, Eminem had spent $425,000 to obtain a Non-Fungible Token from the Bored Apes series, now dubbed the “Eminem Ape.”Â
And Snoop Dogg, who already has several Bored Apes, is also reportedly planning to launch his own themed restaurant in Los Angeles, as tweeted by Andy The Nguyen.
Never in my life would I imagine having @SnoopDogg as our business partner. As we've got a lot of ideas in the tank, that we're working to bring to life. And just so you know, he's very involved in the entire process of what we're developing. pic.twitter.com/iFDqVIH7Jf
— Andy Nguyen Bored & Hungry (@AndyTheNguyen) June 6, 2022