Web37 Roundup: Chipotle Accepts Crypto, Looney Tunes NFTs, Solana Down, and More

gm! Here's ONE37pm's Web3 Roundup for June 3rd, 2022:

Chipotle has partnered up with Flexa to offer cryptocurrency payment options within the United States. The restaurant chain is accepting 98 different cryptocurrencies including BTC, ETH, and SOL. An increasing amount of restaurants and food services companies will be offering crypto payments in the near future as demand among customers grows.

Official Looney Tunes NFTs are coming to the blockchain. Warner Brothers is working with Nifty's to create a 'story-driven' slate of releases titled "Looney Tunes: What's Up Block?". The first drop is a collection of 10,000 generative Tweety Bird collectibles, priced at $80 each. More characters are on the way.

The Solana network suffered a 4.5 hour outage on Wednesday which resulted in a temporary pause of the chain. This was certainly not the first time such a disruption has occurred, leaving many speculators worried if these issues will ever be permanently resolved. Despite an increase in Solana NFT volume, SOL is down roughly 85% from its all-time high.

19-year old sensation, FEWOCiOUS and Madhappy are collaborating on a two-piece clothing collection in celebration of Pride Month. The collection consists of a fleece crewneck sweatshirt and matching shorts. All proceeds from the sale are going towards Lady Gaga's Born This Way Foundation in support of LGBTQIA+ youth.

Binance, the largest crypto exchange by trading volume, has partnered with The Weeknd to sponsor his upcoming 'After Hours Til Dawn' world tour. The two entities are creating a tour-related collection while also allowing concert attendees to claim commemorative NFTs.