Kory Spiroff, a former vice president of Domino’s Pizza has joined FriesDAO, a decentralized autonomous organization (DAO) that aims to democratize access to the fast-food industry. In his new advisory role at FriesDAO, Spiroff will be helping the DAO bridge real-world operations with blockchain-based governance. FriesDAO believes Spiroff will bring his valuable experience in the day-to-day operations of restaurants as well as expertise in mentoring small businesses. The DAO will also lean upon Spiroff’s expertise and network to potentially acquire franchises of well-known restaurant brands. At the moment, FriesDAO has its eyes on Subway, Burger King, Popeye’s including Domino’s Pizza. “I believe we have only scratched the surface, and I’m excited to join this cutting edge experiment with friesDAO. We’re seeing, and indeed creating thenext frontier for QSR, leveraging blockchain-based governance, and the integration of DeFi and on-chain data,” Spiroff added. Launched in December 2021 by Launch Code Capital partner Bill ‘Swo’ Lee and Brett Beller, the co-founder of online retailer Drizly, FriesDAO aims to give the crypto community the chance to participate in community-governed restaurant franchises. For governance, the DAO is using its Ethereum-based FRIES token. The funds raised by the community treasury will be used to acquire and operate fast food restaurant brands in addition to improving them or expanding to further locat...
