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Bored Ape Yacht Club Owner Uses IP Ownership Rights to Open Restaurant

Robert Cunningham by Robert Cunningham
May 11, 2022
in Business, Crypto, Featured, NFT
0
Bored Ape Yacht Club Owner Uses IP Ownership Rights to Open Restaurant

It was reported, Los Angeles restaurateur Andy Nguyen will open the very first restaurant based on the Bored Ape Yacht Club. Nguyen hopes to show how the BAYC and NFTs can translate into the real world with his venture.

Andy Nguyen is a co-founder of Afters Ice Cream, Matte Black Coffee, Pig Pen Delicacy, Portside Fish Co., Dough & Arrow, Banh Xeo Boys, and more. Nguyen spent $267,000 USD earlier this month to purchase Bored Ape #6184 and two more Mutant Apes after to receive access to the IP ownership rights and community granted to holders of the NFT.

Named “Bored & Hungry,” the BAYC restaurant will launch as a pop-up on April 9 in Long Beach, California. The smash burger concept will feature packaging and employee uniforms emblazoned with Bored Ape Yacht Club imagery. The menu at Bored & Hungry will be based around the Trill Burger, a smash burger with caramelized onions and special sauce.

Nguyen said, “The reason I did this was to make a statement to the public, letting them know that this jpeg … could be utilized to turn into a brand and ecosystem for the restaurant world.” Bored Ape holders are invited to the opening of Bored & Hungry with a variety of merch, Web3, and NFT-related surprises planned. Nguyen hopes to have a Bitcoin ATM machine at the restaurant and is looking into accepting cryptocurrency as a form of payment.

Take a look at a rendering for the packaging set to be used at Bored & Hungry opening in Long Beach, California April 9 above.

The concept is a good one and the packaging looks really good and he can sell shirts and merchandise he owns the rights here we go. This is a way to make this work.

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