The popular social media accounts of Conagra Brands are getting into the crypto game. On Feb. 19, the consumer products giant tweeted out a picture of a dog wearing sunglasses and holding up a red flag with the caption “I’m so #crypto!”
Conagra later clarified that the tweet was meant to promote the launch of the new doggone coin app, CoinMarketCap.com, which features information on cryptocurrencies like Bitcoin and Ethereum.
But why does Conagra care about cryptocurrencies? Well, the company owns brands like Slim Jim, Reddi-Wip and Nature Valley granola bars.
In addition to expanding into the fast-growing frozen foods category, the acquisition gives Conagra access to emerging markets like Latin America and Asia.
Why did Slim Jim tweet about Dogecoin?
The Dallas Mavericks owner Mark Cuban doesn’t understand why people are tweeting about his favorite cryptocurrency, Dogecoin. “I don’t even know what it is,” he told Ellen DeGeneres during her daytime talk show appearance. He added that he uses it for online purchases because it is easier than paying with traditional forms of money.
Cuban has been using Dogecoinsince 2016, when the Dallas Mavericks team shop accepted the form of currency for payments. In fact, he says he bought a car with Dogecoin. “It’s just something you can buy things with,” he told DeGeneres. “You can’t spend it anywhere else.”
Slim Jim focuses doing only good everyday philosophy
Slim Jim knows that it takes a lot of work to keep a brand relevant. And while people might remember the catch phrase, Snap Into A Slim Jim, the iconic snacks brand appreciates that people are capable of doing much more.
While those moments of clarity might happen during times of indulgence, the idea behind doing only good every day has merit. Sometimes the commitment to doing good every day needs its moments to shine.
On April 20, Slim Jim plans to auction off its first ever ‘A Galactic-Themed NFT Artwork Featuring The Iconic Shiba Inu DogE.’ While many people will be clambering for that piece of art – and rightfully so – there is a bigger picture being painted here.
This auction could help fund the creation of a special education program for children living in poverty. This program, called ‘Rocket Stick Special Edition’, is aimed at teaching kids about STEM subjects like science, technology, engineering, and math.
So what does this mean for you? Well, you can bid on one of three different versions of the Rocket Stick Special Edition. Each version represents a different color scheme, meaning you can choose the color of your dreams. You can also customize your Rocket Stick Special Edition by adding a name tag, and/or choosing a custom image.
There will be no limit on how high you can bid on your favorite Rocket Stick Special Edition. So whether you want to make a statement about your love of space exploration or just support a great cause, now is the time to act.
Why should people bid on this Slim Jim NFT?
In recent months, there has been a lot of talk about blockchain technology and how it could change the world. One company that seems particularly excited about the potential of blockchain is Conagra Brands. In fact, the company recently launched a limited edition collectible called the “Blockchain Slim Jim.”
The slim jim itself is a classic product, but what makes this particular version unique is that it contains a digital token. When you purchase the NFT, you become part of the ConAgra Blockchain Food Innovation Challenge. If you win, you receive 10,000 tokens.
If you want to learn more about the Slim Jim NFT, check out the video above.
What’s behind dogecoin’s price spike? Elon Musk and an army of posters
The dogecoin, known as DOGE, is one of several cryptocurrencies that are often referred to as “altcoins.” Altcoins are alternative currencies to bitcoin, the most well-known cryptocurrency. They differ from bitcoin because altcoins use different algorithms, and some don’t even use blockchain technology. There are hundreds of altcoins out there, many of which aren’t worth much money. But dogecoin is different. In fact, it’s the most successful altcoin ever.
In January 2018, Dogecoin became the 11th largest cryptocurrency in terms of market capitalization. By May, it had risen above $0.01 per coin, making it the third highest valued cryptocurrency. At the end of June, the value of each dogecoin was around $0.03, making it the second most valuable cryptocurrency. Today, a single dogecoin is worth almost $0.05.
So why does dogecoin matter? Well, it matters because it’s the biggest success story among altcoins. It’s proof that sometimes, the simplest ideas really work.
Dogecoin slim jim to the moon
The world of cryptocurrency has been a wild ride since Bitcoin came along in 2009. Now there are dozens of different cryptocurrencies, each trying to carve out a piece of the pie. One of the newest entrants into the market is Dogecoin, a cryptocurrency named after Shiba Inu, a dog breed known for its friendly demeanor.
Dogecoin slim jim is based on Litecoin, which itself is based on Bitcoin. Dogecoin shares many similarities with Litecoin, including having a similar mining process. However, unlike Litecoin, Dogecoin doesn’t use proof-of-work consensus algorithms like Proof of Work (PoW), Proof of Stake (PoS), or Delegated Proof of Stake (DPoS). Instead, Dogecoin uses Proof of Service (PoS), where every block miner must perform a small task, such as adding transactions to the blockchain. This makes Dogecoin much faster than Litecoin, and allows for more transactions per second.