FriesDAO is buying up fast-food franchises
FriesDAO wants to democratize access to the fast-food industry. FriesDAO consultants Brett Beller and Bill Lee talked about their mission to be "part of something that connects cryptocurrency and virtual property with real assets."
FriesDAO aims to acquire and scale fast-food restaurant franchises such as Popeye's, Burger King and Taco Bell by inviting FRIES token owners to operate a decentralized fast-food restaurant chain or QSR. Starting with Subway franchise owners, the FriesDAO team hopes to guide its partners in the blockchain space. What "started out as a joke" turned into a serious proposition when they realized that "there was an opportunity for people who were willing to run DAO more like a business."
At the time of publication, DAO had raised $5.4 million, according to its website, which already exceeds their minimum goal of $5 million.
