Fungible Whooper?

Read the Orignal Article by: Jeff John Roberts Here

As a child, did you ever look at the toy you got inside of a happy meal and say I wish this was fungible? If yes then you are in luck because Burger King and Robinhood are doing the world’s first crypto sweepstakes. 

One Bitcoin, Etherum, and DogeCoin are up for grabs, with those wishing to enter having to sign up for the Burger King rewards program. Robinhood the popular stock and crypto trading app is facilitating the prizes.

Winning a Doge isn’t anything to be hyped over with it currently trading at 30 cents, but a Bitcoin and Etherum now that’s a prize. Bitcoin is worth over $60k currently and Etherum is $4k but the odds of winning are pretty low. 

20 Bitcoin are being given away, and the rules state that that the odds are 1 in 100,000, with Etherum odds at 1 in 10,000 with 200 coins given away. With anyone else more than likely getting a Doge with 2 million available.

Coinbase ran a similar program last summer, promoting the exchange with a 1.2 million dollar Doge sweepstakes.

Robinhood Crypto COO Christine Brown commented on the collaboration citing the fast-food giant’s "fun and playful" attitude as well as how like Robinhood, the company "leans into meme culture."

In the Interview with Decrypt, Brown added that Robinhood sees this as an opportunity to reach out to the masses and get a broader segment of society to interact with crypto, most specifically the ones who would regularly be initiated or unfamiliar. 

Crypto giveaways fall under sweepstakes law, which enables people to enter without a purchase, a rule currently causing Coinbase a mountain of headaches. With the crypto giant failing to disclose the non-purchase option and promptly being hit with a class-action lawsuit. 

Those who would like to enter this giveaway only have to mail Burger King a letter, be over 18 and live anywhere within the United States except Hawaii, Nevada, and Arkansas.