Crypto Hunt may be the Pokémon Go of cryptocurrency, mixing augmented reality and blockchain technology to expose people to digital coins through a game.
“We’re going to have our own token,” Joe Blackburn, head advisor at Crypto Hunt, told Cheddar. “That’s going to allow the user to be able to take that token and exchange it on an exchange. And on the roadmap, we’re also going to have debit cards available.”
Pokémon Go, which was developed by Niantic in partnership with Nintendo, became a hit mobile game in 2016. Crypto Hunt hasn’t been released yet, but Blackburn hopes to strike similar gold when it is.
“I anticipate that we’re going to have a lot of interest, and not just from crypto,” he said. “Let’s say you’re a coffee shop in New York City, and you want to host a Crypto Hunt tournament. We place one of the chests right in front of the coffee shop...The owners of these shops want us there because it’s going to bring people in.”
Crypto Hunt will raise funds for its launch in an ICO on March 1.
For the full interview, [click here](https://cheddar.com/videos/the-pokemon-go-of-crypto).
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
