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Why the crypto crash was a good thing

Here’s why restaurants can benefit from the crash and why it’s weeded out the weak


Welcome to First Bite, a Nation’s Restaurant News podcast, your daily source of news from NRN hosted by Holly Petre.

Today, we’re examining the recent crypto crash and how it impacts restaurants and the new market of NFTS and the metaverse.

The recent crypto crash has impacted the burgeoning NFT market in the restaurant industry. Restaurants across the country have been picking up on the trend of NFTs, introducing food halls, exclusive clubs and membership programs – a new form of loyalty through this new token.

But the recent crash has had people questioning crypto’s long-term viability.

NRN’s own senior editor Joanna Fantozzi has more on the story.

Plus, catch up on all the top news of the day with our daily news recap at the beginning of each episode.

Be sure to subscribe to First Bite wherever you get your podcasts or on CastosSpotify, or Apple Podcasts.

TAGS: Technology
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