Miracle Whip a Mayonnaise Label hints at the crypto industry with a frisky tweet declaring it has planned an Initial Condiment Offering (ICO) to acquire a cryptocurrency called “Whipcoin”.
The tweet was received very well with most responses seeing the humorous side, and a few suggesting ideas for blockchain networks which “Whipcoin” may hypothetically utilize because of its infrastructure.
However, it was clearly an amusing tweet, the 46 billion dollar-organization behind Miracle Whip is suspected to approve a market sale in the future. The enthusiasm to interact with the online crypto groups is a marked departure from the situation only a few years ago when crypto on its whole was considered as a reputational threat by many established firms.
Miracle Whip, owned by American food processing hulk Kraft Heinz, is promoted as a food dressing substitute to mayonnaise with annual earnings more than 160 million dollars, it is one of America’s most famous food seasoning.
Nowadays, with established private companies like JPMorgan adopting crypto and communicating with the ICO market directly. Times have changed and retail firms at present find it safe to communicate with the crypto groups online, although only for marketing purpose for the time being.
On the other hand, Miracle Whip did not have all of the fun together with the crypto groups eager to engage in a place of well-earned self-parody at a rare moment in the midst of troubled market circumstances. Whereas some people created their own mining protocols some suggested blockchain ideas.
Andrew Wuestenfeld, founder and CEO of Kwikoin tweeted: “Should use Proof of Deliciousness. Decentralized mouths can use PoD to grow the network to the top condiment on the market through this PoD consensus system.”
According to a business insider report, 27-year-old IT employee Kirk Steele issued a “cease and desist” notice to American cold cut and hot dog maker Oscar Mayer for its “Bacoin” cryptocurrency stunt, which the IT employee said directly, defrauded his identical virtual currency that released with the same name in 2014.
Incidentally possessed by Kraft Heinz, Oscar Mayer launched a limited variety of “Bacoin” tokens redeemable.