Updated: Sep 7, 2021
The non-fungible token industry just can't stop getting any crazier than this. Every day, there is something in the NFT world. Two days ago, Gary Vaynerchuk announced he is launching the first-ever 'NFT restaurant.'
The Belarusian-American entrepreneur, author, speaker, and Internet personality announced he is launching the NFT restaurant in New York City in fall 2022. According to Gary Vaynerchuk, the restaurant would provide membership via NFTs that can be owned and transferred.
In an interview with CNBC, Gary Vaynerchuk also knows as Gary Vee said,
“The punchline is a very modern restaurant where the token is access to the membership and your table.”
In addition, Vaynerchuk stated that people who own the NFT might want to eat there 4 or 5 times and then sell the token for profits.
Moreover, Gary Vee is a co-founder of the restaurant reservation software company Resy and Empathy Wines. So, according to him, he wants to combine NFT with the restaurant to offer something unique.
Moreover, Gary Vee is first known as a wine critic who expanded his family's wine business. Also, Vaynerchuk is now more known for his work in digital marketing and social media as the chairman of New York-based communications company VaynerX. And as CEO of VaynerX subsidiary VaynerMedia.