Friday, July 5, 2024

Los Angeles Bored & Hungry Closes, Transfers Possession to DAO

After two years of operation, the Bored & Hungry restaurant in Lengthy Seashore, California, has formally closed its doorways.

The model, which utilized the Bored Ape Yacht Membership (BAYC) NFT as its branding, has been acquired by Hungry DAO.

Bored & Hungry opened its doorways in April 2022 and had gained recognition for its fusion of burger delicacies with the distinctive branding of the BAYC NFT.

Supply: Andy Nguyen

Bored & Hungry Shifts Focus to Asia and Center East

Andy Nguyen, co-founder of Bored and Hungry, confirmed the closure in a press release posted on X, stating, “In the present day we are saying goodbye to the unique Bored & Hungry location in Lengthy Seashore, CA.”

The branding and franchising firm Hungry DAO acquired the Bored & Hungry model and the restaurant’s founding workforce will retain a stake within the model, becoming a member of the DAO as shareholders. He additional added, “The supportive BAYC and web3 group helped us break floor, in turning into the primary to make the most of possession of the digital IP asset and create a restaurant model.”

Nguyen expressed pleasure within the restaurant’s achievements stating, “We’re proud to have made our mark, and excited to see the place the group takes it subsequent.”

Although the unique retailer has closed, Bored & Hungry will announce its new US location quickly. In the meantime, yow will discover Bored & Hungry at their everlasting places in Seoul and Manila.



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