Fast food chain Taco Bell has released NFT. Collectible tacos sold out quickly

Fast food chain Taco Bell has released collectible digital tacos in the form of non-fungible tokens (NFT) on the Rarible platform. They are sold out at the time of writing.

Our Spicy Potato Soft Tacos can now live in your hearts, stomachs and digital wallets. https://t.co/IC8b45lmd9 pic.twitter.com/FJUcuwCuyy

– Taco Bell (@tacobell) March 8, 2021


“Our spicy potato tacos can now live in your hearts, stomachs and digital wallets,” Taco Bell said in a statement.

The company has released five different tokens in the form of images, animations and short videos. They sold in batches of five for 0.001 ETH (about $ 1.82 at the exchange rate at the time of writing).

A few hours later, the bet on one of Taco Bell’s NFTs reached 0.7 WETH (about $ 1280 at the exchange rate at the time of writing).

The company added a clause to the smart contract, according to which 0.01% of the amount of each resale of tokens will go to the account of the Taco Bell Foundation. The organization helps young people find work and start a career.

In early February, actress Lindsay Lohan sold the non-fungible Lightning token for $ 70,000 . The popular Nyan Cat meme gif went under the hammer for 300 ETH. In early March, the singer Grimes raised about $ 6 million for the NFT collection.

Litecoin creator Charlie Lee compared the popularity of non-fungible tokens with the 2017 ICO boom and the 2013 altcoin craze. Previously, he predicted the collapse of the NFTs due to “zero cost to create them.”

On March 6, Twitter creator Jack Dorsey put up his first NFT tweet for sale. During the day, rates rose to $ 2 million.

An NFT copy of Banksy’s burnt painting, Morons, was auctioned off on the OpenSea platform for 228.69 ETH.

Recall that former DC Comics artist Jose Delbo, together with Hackatao, earned $ 1.85 million from the sale of non-fungible tokens with Wonder Woman.

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