CurrencyWorks Inc. announced a memorandum of understanding with Restaurant.com Inc. pursuant to which the parties have agreed to work together to develop and build a NFT platform for celebrity chefs, brands, restaurants, and personalities unique to the restaurant/hospitality industry and Restaurant.com. Pursuant to the terms of the MOU, CurrencyWorks has agreed to build the customized, white labelled “Restaurant.com” platform through the community, subject to regulatory compliance, for a minimum cost of USD 250,000 to be paid upon the achievement by CurrencyWorks of certain milestones in cash and/or equity considerations at a ratio to be determined and mutually agreed upon by the parties. CurrencyWorks and Restaurant.com have also agreed to a revenue share arrangement as well as a joint marketing and advertising budget. The MOU is for a term of 60 days after which the parties plan on entering into a definitive agreement with respect to the project. Founded in 1999, Restaurant.com is a pioneer in the restaurant deal space, and the United States’ large restaurant-focused digital deals brand, delivering an ultra-fast, relevant, accurate, and user-friendly restaurant metasearch engine delivering a unique cross-platform experience. The initial focus of the Restaurant.com platform is expected to be on celebrity chef related NFTs, inclusive of unique cards, videos, experiences, exclusive recipes, and more and is anticipated to include the participation of restaurants, vendors, suppliers, and hospitality brands utilizing NFT promotions, and couponing.