Blockchain

McDonald’s China Celebrates 31st Anniversary with 188 “Big Mac Rubik’s Cube” NFTs

China’s fast food giant McDonald’s released a set of 188 non-corrosive tokens (NFT) on October 8th to mark its 31st. Under the brand name “Big Mac Rubik’s Cube”, the NFTs will be given out to employees and consumers as part of the giveaway.

The NFT Big Mac Rubik’s Cube is based on the three-dimensional structure of the new McDonald’s China office headquarters, which was inaugurated with the introduction of the NFT.

The NFTs are based on Confluux’s public blockchain and were created in collaboration with Cocafe, a digital asset creation agency – to ensure that “every work is unique, indivisible, and indivisible. Forgery ”.

https://twitter.com/Conflux_Network/status/1446458267459207176?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

It should also be noted that the majority of the shares in McDonald’s China are owned by the CITIC Group, a state-owned investment company of the People’s Republic of China.

McDonald’s China did not immediately respond to Cointelegraph’s request for comment.

Related: Bitmain stops shipping Antminer crypto mining rig to China

McDonald’s China’s move to introduce NFT appears to contradict the authorities’ intention to ban all crypto activities entirely. More recently, the ban forced Bitmain, a manufacturer of cryptocurrency mining equipment, to stop shipping Antminer mining equipment to China.

Huobi, a cryptocurrency exchange from China, has stopped registering new customers after the Chinese ban and will close all stores until the end of the year. Despite China’s opposition, the global crypto ecosystem continues to grow steadily. A report from Cointelegraph shows that Bitcoin (BTC) mining difficulties have fully recovered after Chinese miners moved to safer jurisdictions.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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