STOCK TITAN

Cordia Announces Crypto Food Hall NFT Collection

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Cordia Corporation (OTC PINK:CORG) has launched the Crypto Food Hall NFT collection aimed at independent restaurants. The first drop will feature 1,000 chefs, comprising 500 male and 500 female chefs with varying levels of scarcity. Restaurants participating will receive a 12-month fee waiver for carrying the virtual menus associated with the NFT chefs. Additionally, Cordia will allocate 20% of secondary market royalties to purchase digital gift cards for supporting independent eateries. The mint price for each chef is set at $150 plus gas fees.

Positive
  • Launch of the Crypto Food Hall NFT collection, providing a low-cost entry for independent restaurants into the NFT space.
  • 12-month subscription fee waiver for restaurants that carry Cordia's virtual menus.
  • Allocation of 20% of secondary market royalties to support independent restaurants through digital gift card purchases.
Negative
  • None.

Numerous Benefits for Independent Restaurants

LOS ANGELES, CA / ACCESSWIRE / February 1, 2022 / Cordia Corporation (OTC PINK:CORG) today announced the launch of the Crypto Food Hall (www.cryptofoodhall.com) NFT collection.

The Crypto Food Hall is a collection of chefs, menu items, and locations inside a metaverse food experience. The first collection of 1000 chefs will be released this month. Whitelist and presale sign ups are now open.

The Crypto Food Hall's mission is to allow independent restaurants to participate in the NFT revolution without incurring the costs of building their own collection or having to develop technical expertise to support an NFT community.

The Chef Collection consists of 500 male and 500 female chefs with various elements and various levels of scarcity. The team consists of Chef Tasty, Chef Yummy, Chef Delivered, Chef Nasty and Chef ETH representing various cuisines, culinary styles, and personalities.

Behind the crypto chefs are real world menus that will be rolled out as part of Corida's existing virtual restaurant program. Restaurants that own a crypto chef and want to carry Corida's virtual menus will not be charged subscription fees for the first 12 months. The virtual restaurants are part of Cordia's celebrity virtual restaurant service.

"Based on our past experience of operating restaurants and developing virtual menus, we recognize there is a growing need for demand generation by today's independent restaurant operators. We have always believed that crypto and now NFTs can help bring new customers to local restaurants. Our Crypto Food Hall provides a very cost effective and inexpensive solution for restaurants to embrace NFTs without any difficulties associated with building and maintaining a collection," said Peter Klamka, President of Cordia Corporation.

Cordia has also pledged to use 20% of its secondary market royalties to purchase digital gift cards from any independent restaurant that owns a chef. The gift cards will be distributed to members of the Crypto Food Hall community from time to time via drop.

The mint price per chef is expected to be $150.00 plus gas fees and will be on sale later this month.

Contact:
Kate Ellis
contact@cordiakitchens.com
213-915-6673

SOURCE: Cordia Corp



View source version on accesswire.com:
https://www.accesswire.com/686516/Cordia-Announces-Crypto-Food-Hall-NFT-Collection

FAQ

What is the Crypto Food Hall NFT collection by Cordia Corporation?

The Crypto Food Hall NFT collection is a series of 1,000 unique chefs launched to assist independent restaurants in participating in the NFT market.

How much does it cost to mint a chef NFT in the Crypto Food Hall?

The mint price for each chef NFT is set at $150, excluding gas fees.

Are there any fees for restaurants carrying Cordia's virtual menus?

Restaurants will not incur subscription fees for the first 12 months after carrying Cordia's virtual menus.

What percentage of royalties will Cordia use to support independent restaurants?

Cordia will use 20% of its secondary market royalties to purchase digital gift cards from independent restaurants.

When will the first collection of Crypto Food Hall chefs be released?

The first collection is set to be released later this month.

CORDIA CORP

OTC:CORG

CORG Rankings

CORG Latest News

CORG Stock Data

2.72k
8.65M
38.25%
Restaurants
Consumer Cyclical
Link
United States of America
Reno