Reports said that Pizza DAO, the decentralized blockchain project seeking to unite the global community of pizza fanatics with the technological potential of Web3, has celebrated Sunday's Bitcoin Pizza Day in an authentic style.
It has been reported that the project hosted commemorative events at 100 pizzerias in over 75 countries around the world, including the United States, Argentina, South Korea, Ethiopia, Australia, Canada and the United Kingdom, and more.
However, alongside a nonfungible token (NFT) drop and charitable campaign, the events will attract a number of supporters including 13-time World Pizza Champion Tony Gemignani, Seth Green, Steve Aoki, the Dogecoin team, and comedians Cheech and Chong, among others.
The report said that Bitcoin Pizza Day has become a permanent fixture and cultural highlight in the crypto calendar since the 2017 bull market resurrected and glorified the tale of misfortune from the blockchain archives. On May 22, 2010, Laszlo Hanyecz’s published a 153-word post on the Bitcoin Talk message board requesting for someone to either home cook and deliver, or simply pick up two large pizzas from a nearby takeout.
"I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day [...] If you're interested please let me know and we can work out a deal."
Likewise, the Jacksonville, Florida native was very particular about his topping requirements, writing: "I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc., just standard stuff no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire." But Hanyecz was persistent in his endeavor and finally, seven hours later, successfully traded 10,000 Bitcoin (BTC) for the pizzas. A "great milestone reached" one user replied.
As of May 19, almost twelve years to the day, that pizza transaction is worth $298 million. Hanyecz’s story financially epitomizes the parabolic growth of Bitcoin and the entire sector across the past decade, but aside from its entertainment and comedic value, for many market participants, it represents the necessity for humility and appreciation as well as conviction in early adoption.
Thus, Snax, the founder of PizzaDAO, said:
"Web3 is an opportunity to reinvent our financial realities on planet earth, to build consensus, and to dream big. What better way to practice worldwide teamwork than to throw a global pizza party together?"