{"id":5926,"date":"2022-07-26T01:56:48","date_gmt":"2022-07-26T01:56:48","guid":{"rendered":"https:\/\/www.cryptoheretostay.com\/?p=5926"},"modified":"2022-07-26T01:56:48","modified_gmt":"2022-07-26T01:56:48","slug":"burrito-chain-chipotle-is-giving-away-over-200k-worth-of-crypto","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=5926","title":{"rendered":"Burrito chain Chipotle is giving away over $200K worth of crypto"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>In the spirit of the national avocado day, Mexican food chain Chipotle launched its new interactive game called \u201cBuy the Dip,\u201d which will give away more than $200,000 in Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), Solana (SOL) and Dogecoin (DOGE), in addition to promo codes to buy their guacamole, and queso blanco dips for one cent.<\/p>\n<p>The promotion launched on July 25 and will last until the end of July, and the game is accessible online from 10 am to 6 pm every day through Sunday.<\/p>\n<h2>Rewards breakdown<\/h2>\n<p>The game uses a randomized reward mechanism, where users can get free crypto or a promo code for the dips after clicking the \u201cBuy the Dip\u201d button.<\/p>\n<p>From July 25 to July 30, Chipotle will distribute $2,000 in BTC, $1,000 in ETH, $1,250 in SOL, $3,000 in AVAX and $3,000 in DOGE on a daily basis. Five participants will earn one-fifth of the total BTC, ETH, and SOL daily, while 20 fans will share the daily AVAX and DOGE rewards.<\/p>\n<p>On the last day of the game,\u00a0 July 31, Chipotle will prioritize crypto rewards and allow more than 500 players to win crypto. In one day, the game will give away $35,000 in BTC, $5,000 in ETH, $12,500 in SOL, $11,250 in AVAX and $11,250 in DOGE.<\/p>\n<p>BTC rewards will be distributed among six winners, giving $5,000 to five and $10,000 to one. ETH rewards will be equally distributed among five winners, SOL will be divided by 25, and AVAX and DOGE will be evenly split amongst 75 players each.<\/p>\n<h2>Chipotle and crypto<\/h2>\n<p>Chipotle announced its accepting crypto payments in June 2022. The restaurant chain accepts payments via 98 different cryptocurrencies, but not directly.<\/p>\n<p>Chipotle uses Flexa, a crypto exchange platform connected to the Gemini exchange. Customers who want to pay with crypto at Chipotle need to use the Flexa platform to generate a barcode, which works as a Chipotle gift card at the payment step. In the background, Flexa exchanges crypto for U.S. dollars and sends it to Chipotle\u2019s account.<\/p>\n<p>According to <em>Restaurant Business<\/em>, Chipotle\u2019s Chief Marketing Officer Chris Brandt said:<\/p>\n<p><strong>\u201cWe want to build the next generation of Chipotle fandom by connecting with the Web3 community,\u201d<\/strong><\/p>\n<p>The restaurant chain has over 3,000 branches in the U.S., the U.K., Canada, France, and Germany. Chipotle is listed among Fortune 500 companies and has more than 100,000 workers.<\/p>\n<p>Posted In: Adoption, Payments<\/p>\n<h2>Get an Edge on the Crypto Market \ud83d\udc47<\/h2>\n<p>Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/burrito-chain-chipotle-is-giving-away-over-200k-worth-of-crypto\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the spirit of the national avocado day, Mexican food chain Chipotle launched its new interactive game called \u201cBuy the Dip,\u201d which will give away more than $200,000 in Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), Solana (SOL) and Dogecoin (DOGE), in addition to promo codes to buy their guacamole, and queso blanco dips for one [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5927,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-5926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/5926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5926"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/5926\/revisions"}],"predecessor-version":[{"id":5928,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/5926\/revisions\/5928"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/5927"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}