PizzaDAO celebrates Bitcoin Pizza Day with 100 parties worldwide

Pizza DAO, the decentralized blockchain project aiming to unite the global community of pizza fanatics with the technological potential of Web3, celebrates Sunday Bitcoin Pizza Day in authentic style.

On Sunday, the project will host commemorations at 100 pizzerias in over 75 countries around the world, including the United States, Argentina, South Korea, Ethiopia, Australia, Canada, the United Kingdom and more.

Alongside a Nonfungible Token (NFT) drop and charity campaign, the events will attract a range of supporters including 13-time Pizza World Champion Tony Gemignani, Seth Green, Steve Aoki, the Dogecoin team and comedians Cheech and Chong, among others.

Bitcoin Pizza Day has become a staple and cultural highlight on the crypto calendar since the 2017 bull market resurged and glorified the tragedy from the blockchain archives.

On May 22, 2010, Laszlo Hanyecz’s made a 153-word post on the Bitcoin Talk message board, urging someone to either cook at home and deliver or simply pick up two large pizzas from a nearby takeaway, and explained :

“I’ll pay 10,000 bitcoins for some pizzas… maybe two big ones so I have something left for the next day […] If you are interested please let me know and we can work out a deal.”

The Jacksonville, Fla. native was very specific about his topping requirements, writing, “I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc., just standard stuff, no weird fish topping or anything.” something. I also like regular cheese pizzas, which may be cheaper to make or purchase elsewhere.”

User ender_x tried to convince Hanyecz that his money could be better spent elsewhere, saying “10,000… That’s quite a lot… You could resell those for $41 now…”

But Hanyecz was persistent in his effort and eventually — seven hours later — successfully traded 10,000 bitcoin (BTC) for the pizzas. A “major milestone reached,” replied one user.

At the time of writing, almost 12 years to the day, this pizza deal is worth $298 million.

Related: We’ve All Had a ‘Pizza Day Moment’ — What’s Yours?

The Hanyecz story financially embodies the parabolic growth of Bitcoin and the entire sector over the past decade, but aside from its entertainment and comedy value, it represents for many market participants the need for humility and appreciation, as well as belief in early adoption.

Cointelegraph spoke to Snax, the founder of PizzaDAO, to get a fuller look at their intentions and ambitions in celebrating the monumental day:

“Web3 is an opportunity to reinvent our financial realities on planet earth, find consensus and dream big. What better way to practice global teamwork than throwing together a global pizza party?”

PizzaDAO will seek to bring “local independent businesses into the chain” using its open-source crowdfunding model, Pizzanomics. A generation non-fungible token (NFT) collection denoting different variations of pizza boxes issued by Rare Pizzas will fund the events.

The project was recently featured in Cointelegraph’s market report by Benton Yaun, creative lead at CT Studio, as one of the five most prominent decentralized autonomous organizations (DAOs) in the space.

American actor Seth Green, known for starring in films such as Austin Powers and The Italian Job and as the voice of Chris Griffin in Family Guy, among other roles as a producer and writer, is a supporter of PizzaDAO and will be one of the event’s advocates most influential supporters.

Speaking to Cointelegraph, Green excitedly explained, “I’m all about things that bring people together, and pizza is one of those things. Will you help throw a global pizza party for everyone to share? Thats why I’m here!”