Applebee’s Sells Its First NFT, Awards Buyer with $1,300 Gift Card

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Applebee's Store - Source: Wikipedia
Applebee's Store - Source: Wikipedia

Applebee’s sold its first non-fungible token Monday — an image of a burger made by New York artist Amber Vittoria — as part of a new campaign called “Metaverse Monday.”

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The buyer made the purchase for $25 and also received a $1,300 Applebee’s gift card, or roughly a year’s worth of burgers. 

“As a leader in casual dining, we’re always looking for ways to interact with our guests and meet them in places where they’re connecting,” said Chief Marketing Officer Joel Yashinsky in a statement. 

Applebee’s said in a Tweet that it will feature a new NFT every Monday during December. This makes Applebee’s one of the early major joiners of the blockchain space.

Last week, White Castle announced its foray into NFTs, and earlier this year Taco Bell also put its name in the mix.

Jefferies has already predicted the metaverse will be the biggest-ever disruption to how we live, and companies across sectors are looking to capitalize.