Crypto

Free pizza! Crypto platforms bring Bitcoin Pizza Day with offers and goodies

Cryptocurrency platforms are bringing Bitcoin Pizza Day by giving away free pizza, gift certificates and other goodies. Indian players Coinswitch, Mudrex, and Zebpay are running campaigns to promote and celebrate the day Bitcoin was first used to purchase real-world merchandise.

Bitcoin Pizza Day is widely celebrated by the crypto community around the world on May 22 every year. The symbolism of the event is to mark how open-source internet money, which had no significant value at the time, became the most valuable crypto token in the world and gained wide adoption.

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Cryptocurrency exchange CoinSwitch offers pizzas to crypto users who share their experiences of entering the world of cryptocurrencies. CEO Ashish Singhal wrote in a tweet: “Share your first crypto investing experience, and I’ll give away pizza for the most unique story. Let’s celebrate together with a pizza. He also noted that his introduction to crypto dates back to 2014, when he started playing around with Bitcoin nodes and codes.

Similarly, the Zebpay exchange offers a Bitcoin Pizza Day offer on the platform. Crypto users who trade on the platform today can earn gift certificates worth ₹1,000. “Trade from ₹1,000 to ₹1 lakh or more for a chance to win prizes including vouchers, flight tickets and more,” the platform said on Twitter.

Mudrex, a crypto investment platform, is also running a Bitcoin Pizza Day campaign and has distributed pizza to around 300 start-ups and businesses in and around Bangalore. It has also partnered with Via Milano in Bangalore, offering new signatories the chance to indulge in free pizza provided by Via Milano.

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Its CEO and co-founder, Edul Patel, said: “Bitcoin Pizza Day symbolizes the incredible journey of cryptocurrencies from a simple transaction to a global phenomenon. It reminds us of the immense growth potential and transformative power of digital assets to shape the future of finance.

Global crypto player Binance is teaming up with community members to create its own pizza, complete with its own “BTC” toppings logo. Entrants would win the crypto equivalent of a year’s supply of pizza.

What is Bitcoin Pizza Day

This day is celebrated to mark the first time Bitcoin was used for an actual transaction. On May 22, 2010, two pizzas were bought for 10,000 bitcoins, at a time when bitcoin was known and understood by very few people.

Laszlo Hanyecz, a programmer in Florida who was part of the early stages of Bitcoin, decided he needed to use his mined tokens. He then posted a message on the Bitcoin Talk forum saying, “I’ll pay 10,000 bitcoins for a few pizzas, like maybe two large ones, so I have leftovers for the next day.”

A few days later, on May 22, a forum man named Jeremy Sturdivant accepted the offer and had Hanyecz and two pizzas delivered from Papa John’s. A single Bitcoin is worth $26,830.5 today and was even worth $69,044 at its all-time high in 2021.

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