Blackbird Introduces Crypto Payments at NYC’s Hottest Restaurants - Decrypt
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Blackbird Introduces Crypto Payments at NYC’s Hottest Restaurants
The app, which is built on Base, has rolled out a new house account system for restaurants that runs on a native cryptocurrency and a new blockchain. Semma, a South Indian Michelin-starred restaurant in the West Village, is currently
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Summary
- 🍽️ **Crypto Dining Revolution**: Blackbird has launched a new app feature allowing users to pay for meals with cryptocurrency at top NYC restaurants, including the Michelin-starred Semma.
- 💳 **House Accounts**: Users can open house accounts and settle bills in-app using earned crypto rewards, enhancing the dining experience for crypto enthusiasts.
- 🌐 **Built on Base**: The app operates on the Ethereum layer-2 network, Base, and utilizes a new layer-3 blockchain called Blackbird Flynet for transactions.
- 🥂 **Wide Adoption**: Over 60 restaurants and bars across the U.S. are part of the Blackbird network, making crypto payments more accessible to diners.
- 💸 **Cost Savings**: The system allows restaurants to avoid high credit card fees by enabling direct on-chain payments with Blackbird's native cryptocurrency, FLY.
Top Highlights
- Blackbird Introduces Crypto Payments at NYC’s Hottest Restaurants The app, which is built on Base, has rolled out a new house account system for restaurants that runs on a native cryptocurrency and a new blockchain.
- Semma, a South Indian Michelin-starred restaurant in the West Village, is currently one of the hottest restaurants in New York—and thus, the world. Booking a table at Semma is such a feat that The New York Times recently dedicated an entire feature to the subject; celebrities who turn up looking for special treatment at the 65-seat spot are routine...
- Central to this system is Blackbird Pay, a restaurant payment system built on the company’s new layer-3 blockchain, the Blackbird Flynet. Diners will be able to settle checks directly with some of New York’s top restaurants via on-chain payments made with FLY, Blackbird’s native cryptocurrency, in a novel system that will allow these institutions t...
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