Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
U.Today | Alex Dovbnya | Jan 26, 2022
As reported by U.Today, the centibillionaire asked the Chicago-headquartered corporation to accept Dogecoin. In return, he promised to eat its Happy Meal on television.
McDonald’s has seemingly backed away from the offer by tweeting that it will accept Dogecoin if Tesla accepts “Grimacecoin.”
The name of the made-up cryptocurrency was inspired by Grimace, a purple anthropomorphic creature that started appearing in McDonald’s commercials in the early 1970s. It was originally supposed to be a mean-looking character with four arms that would steal kids’ milkshakes. However, Roy Bergold, McDonald's creative officer, told QSR Magazine that “Evil Grimace” had turned out to be a failure because it was too scary for kids.
Just minutes after the McDonald’s tweet, someone created an actual token called “Grimacecoin” on Binance Smart Chain that pumped more than 261,000% within hours before erasing the lion’s share of its gains.
The Dogecoin community was largely dissatisfied with the response. Many pointed to the fact that it took the company’s marketing team over 10 hours to come up with such an offer.
Dogecoin co-founder Billy Markus commented that:
The Grimacecoin tweet was a textbook example of how to make something fun unfunny.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
![]() | ![]() | ![]() |
Support NCFA by Following us on Twitter!Follow @NCFACanada ![]() |
January 25th, 2023
June 1st, 2021
September 9th, 2020
July 17th, 2020
August 22nd, 2019
September 26th, 2018
July 9th, 2018
March 19th, 2018
January 3rd, 2018
September 25th, 2017
July 31st, 2017
June 20th, 2017
May 10th, 2017
May 9th, 2017
December 14th, 2016
September 13th, 2016
NCFA Canada
Craig Asano
CEO and Executive Director
casano@ncfacanada.org
ncfacanada.org
Leave a Reply