Chipotle Mexican Grill ‘Proof of Steak’ Crypto Promo Sells Out Early
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Ray Al-Malt spent much of his Tuesday in Orlando, Florida, preparing for rain and high-speed winds.
Ray Al-Malt spent much of his Tuesday in Orlando, Florida, preparing for rain and high-speed winds soon to be swept in by Hurricane Ian. A post on Reddit brought a glimmer of hope. There, the 31-year-old saw an announcement about a 99.95% discount for Chipotle Mexican Grill Inc. The only catch: he had to pay the remaining 0.05% in Ether. Happily, he obliged. Chipotle dubbed the promotion “Proof of Steak.” The campaign was a nod to the Ethereum blockchain software upgrade completed earlier this month. The “Merge” transferred the crypto network from a proof-of-work to a proof-of-stake model, hence the promotion's name...