Food chain Burger King launches own Whoppercoin crypto-currency in Russian Federation

Burger King Whopper

Chris Ratcliffe | Bloomberg | Getty Images Burger King Whopper

If such speculative trades are not your cup of tea, perhaps you'd feel better acquiring "WhopperCoin", Burger King's very own virtual currency for customers in Russian Federation.

The company said it would release Apple and Android apps next month so people could save, share and trade their wallet full of whoppercoins. Eating Whoppers now is a strategy for financial prosperity tomorrow, ' comments Ivan Shestov, Head of External Communications at Burger King Russia.

The introduction of the Whoppercoin took place on August 22.

The franchise has partnered with cryptocurrency start-up Waves to host the program on its platform.

Goa CM Parrikar wins in Panaji, counting underway in Bawana, Nandyal & Valpoi
The AAP comfortably retained the Bawana Assembly constituency, while the BJP won both the Panaji and Valpoi seats in Goa. Jaganmohan Reddy had sparked a row by stating during the campaign that it would not be wrong if Chief Minister N.

Buy a burger, claim a virtual coin.

All WhopperCoin transactions are powered by Waves' distributed ledger network.

The coins can also be transferred and traded online, so customers can either save their rewards or sell them to new buyers. Customers will receive one Whoppercoin for every rouble they spend (1 United States dollars = 59 RUB), and a Whopper burger can be redeemed for 1,700 Whoppercoins.

So the way this will work is that customers will receive token as a reward for purchasing a Whopper burger.

Colts cornerback Vontae Davis 'week-to-week' with groin injury
Until Davis returns, the Colts' starting cornerbacks likely will be Rashaan Melvin and rookie Quincy Wilson . Davis sustained the injury in the first half of Saturday's preseason game against the Pittsburgh Steelers .

In a statement, Waves said that it had already generated 1bn Whoppercoins to use in the loyalty scheme.

The report carried a quote from Max Pertsovskiy, CBDO of Waves Platform.

"We are glad that Burger King Russia has chosen Waves as a platform for its loyalty program launch and Whoppercoin distribution".

Burger King adds it has created more than 50,000 new jobs globally in the past three years. He's reportedly bullish on cryptocurrencies and blockchain technology, too.

Did Lalu try to inflate rally turnout with doctored image?
Some even offered help to the leader who recently ended the alliance with Bihar Chief Minister Nitish Kumar . Leaders like Congress President Sonia Gandhi, her son Rahul and BSP chief Mayawati were absent at the rally.

Latest News