The Spoon Podcast
The Spoon Podcast
The Spoon
#120: Buying a Restaurant With friesDAO
46 minutes Posted Feb 8, 2022 at 1:28 pm.
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Show notes
When Bill Lee and Brett Beller started talking about the idea of using a DAO and an NFT to buy a McDonald's, they were mostly joking around. Before long, they had started a Discord server and friesDAO had raised over $4 million. Now they had to figure out how to make it happen.
In this episode we talk with Bill Lee, an advisor to friesDAO, about their plans to use a DAO to purchase a restaurant (and possibly multiple restaurants) and operate them through a decentralized autonomous organization. The conversation talks about the possibilities of crypto and a Web3 community as a new way to do business in the restaurant industry.