The Sacramento startup, Food Token, adds another way in which local restaurants can accept payment – cryptocurrency. Brian Barton, founder of Food Token, shared his trip with Kcra 3, inspired by his frustrations with the traditional bank, leading to the idea of food token. “I want to do my bank with a restaurant. I don’t need a bank between the two,” he said. Brookfield, Fish Chocolate and Beach Hut Deli. Barton explained that the platform allows restaurants to accept the five main cryptocurrencies. Barton also responded to concerns about consumer safety. “From the point of view of the restaurant, the restaurant never sees cryptocurrency. The restaurant simply accepts it as they would do a digital gift card,” said Barton. Barton noted that convincing restaurants to do something new were a difficult battle, especially when it comes to a new area like cryptocurrency. Sacramento was chosen as the launch site of Food Token because of its status as “capital of the farm at the fork” and the personal connection of Barton to the region. “We first want to find a use case for restaurants in the Sacramento region and for consumers in the Sacramento region,” said Barton, stressing the importance of understanding local needs before developing. Restaurants. Cryptocurrency continues to gain popularity, Food Token aims to simplify the process for consumers and restaurants, paving the way for a new era of digital payments in the catering industry. See more coverage of the best California stories here | Download our application | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel
The Sacramento startup, Food Token, adds another way in which local restaurants can accept payment – cryptocurrency.
Brian Barton, founder of Food Token, shared his journey with Kcra 3, inspired by his frustrations with the traditional bank, leading to the idea of food token.
“I want to do my bank with a restaurant. I don’t need a bank between the two,” he said.
In 2024, about 17% American adults say they have invested or possessed cryptocurrencies.
Food Token is already operational in some Sacramento restaurants, including Jim Boys, Brookfield, Chocolate Fish and Beach Hut Deli. Barton explained that the platform allows restaurants to accept the five main cryptocurrencies.
Barton also responded to concerns about consumer safety.
“From the point of view of the restaurant, the restaurant never sees cryptocurrency. The restaurant simply accepts it as they would do a digital gift card,” said Barton.
Barton noted that convincing restaurants to do something new were a difficult battle, especially when it comes to a new area like cryptocurrency.
Sacramento was chosen as the launch site of Food Token because of its status as “capital of the farm at the fork” and the personal connection of Barton to the region.
“We first want to find a use case for restaurants in the Sacramento region and for consumers in the Sacramento region,” said Barton, stressing the importance of understanding local needs before developing.
For those who wish to use food tokens, Barton encouraged restaurants to contact each other via their website, offering a simple way to start accepting cryptocurrency.
“We only invoic $ 0.10 per transaction, unlike Visa and Mastercard,” he said, highlighting the financial advantages of restaurants.
While cryptocurrency continues to gain popularity, Food Token aims to simplify the process for consumers and restaurants, opening the way to a new era of digital payments in the catering industry.
See more coverage of the best stories from California here | Download our application | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel
