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HomeNFTLos Angeles Bored & Hungry Closes, Transfers Possession to DAO

Los Angeles Bored & Hungry Closes, Transfers Possession to DAO

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After two years of operation, the Bored & Hungry restaurant in Lengthy Seaside, 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, “Today we say goodbye to the original Bored & Hungry location in Long Beach, CA.”

The branding and franchising firm Hungry DAO acquired the Bored & Hungry model and the restaurant’s founding staff will retain a stake within the model, becoming a member of the DAO as shareholders. He additional added, “The supportive BAYC and web3 community helped us break ground, in becoming the first to utilize ownership of the digital IP asset and create a restaurant brand.”

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

Although the unique retailer has closed, Bored & Hungry will announce its new US location quickly. In the meantime, you could find Bored & Hungry at their everlasting areas in Seoul and Manila.

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