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Oscar Mayer Launches Bacoin, the First-Ever Cryptocurrency Backed by the Gold Standard of Oscar Mayer Bacon

Oscar Mayer Launches Bacoin, the First-Ever Cryptocurrency Backed by the Gold Standard of Oscar Mayer Bacon

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Apr 30, 2018--For nearly 100 years, Oscar Mayer has set the gold standard of bacon by providing a superior quality, great-tasting product that cooks up perfectly every time. Now Oscar Mayer is paving the way in the burgeoning cryptocurrency landscape by introducing Bacoin, the first-ever cryptocurrency backed by the gold standard of Oscar Mayer Bacon.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180430005721/en/

Bacoin explained in three easy steps. (Graphic: Business Wire)

Starting today, Oscar Mayer is giving away a limited amount of Bacoin that fans can mine, track the value of and cash out for real packs of Oscar Mayer Bacon at OscarMayerBacoin.com.

Similar to other cryptocurrencies, the value of Bacoin can be volatile. However, Bacoin stands out by the fact that Bacon lovers can boost value by spreading the news via Twitter and email on OscarMayerBacoin.com. The more they share, the greater Bacoin is worth. When ready, Bacoin owners can select the best time to cash out and receive real packs of Oscar Mayer Bacon. For more details on how Bacoin works, check out this video from the architect of Bacoin, Keith Sizzle.

“ Oscar Mayer is the gold standard of bacon because of our dedication to hand-selecting the best cuts and then naturally sugar curing and naturally hardwood smoking our bacon,” said Matt Riezman, brand manager for Oscar Mayer. “Add to that our proven expertise in the bacon-tech space, Bacoin is poised to deliciously revolutionize the cryptocurrency market.”

Bacoin is Oscar Mayer ’s latest disruptive innovation, following past campaigns including Sizzl, the dating app for bacon lovers, and Wake Up & Smell the Bacon, an Oscar Mayer bacon-scented alarm clock.

To learn more about Oscar Mayer Bacoin and the mining process, visit the official website ( OscarMayerBacoin.com ). For more information on Oscar Mayer Bacon, visit www.OscarMayer.com.

About The Kraft Heinz Company

The Kraft Heinz Company (NASDAQ: KHC) is the fifth-largest food and beverage company in the world. A globally trusted producer of delicious foods, The Kraft Heinz Company provides high quality, great taste and nutrition for all eating occasions whether at home, in restaurants or on the go. The Company’s iconic brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, MaxwellHouse, Ore-Ida, OscarMayer, Philadelphia, Planters, Plasmon, Quero,Smart Ones and Velveeta. The Kraft Heinz Company is dedicated to the sustainable health of our people, our planet and our Company. For more information, visit www.kraftheinzcompany.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180430005721/en/

CONTACT: The Kraft Heinz Company

Lynne Galia, 847-646-4396

Lynne.Galia@KraftHeinzCompany.com

orLainie McKeague, 312-377-4133

Lainie.McKeague@olson.com

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS PENNSYLVANIA

INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE SUPERMARKET

SOURCE: The Kraft Heinz Company

Copyright Business Wire 2018.

PUB: 04/30/2018 09:05 AM/DISC: 04/30/2018 09:05 AM

http://www.businesswire.com/news/home/20180430005721/en


Updated : 2021-05-08 09:24 GMT+08:00