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  • How Bitcoin Pizza Day Became the Tastiest Ritual in Web3|Celebrating w – CoolWallet

    How Bitcoin Pizza Day Became the Tastiest Ritual in Web3|Celebrating w – CoolWallet


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    How Bitcoin Pizza Day Became the Tastiest Ritual in Web3

    How Much Was the Most Expensive Pizza in the World

    The answer is 10,000 bitcoins (BTC).

    This isn’t a crypto joke. It’s a true story that happened on May 22, 2010. On that day, a programmer named Laszlo Hanyecz used 10,000 BTC, which had very little value at the time, to buy two Papa John’s pizzas. This was the first recorded purchase of a physical item using cryptocurrency, and it opened the door to a whole new chapter in global digital finance.

    The day later became known as Bitcoin Pizza Day.

    It’s more than just a fun fact in crypto history. Every year on May 22, the global Web3 community celebrates it as a symbol of crypto’s real-world adoption.

    Today, those 10,000 bitcoins are worth a staggering amount. Calling it “the most expensive pizza in the world” is no exaggeration. From that one slice, Bitcoin has gone through countless ups and downs, growing from a little-known experiment into a globally recognized decentralized asset.

    What Happened on May 22, 2010

    It all started with a simple forum post.

    At the time, Bitcoin was only about a year old, and most people still had no idea what digital currency even was. In Florida, a programmer named Laszlo Hanyecz, one of Bitcoin’s early core developers, made a bold yet simple request in a post on the forum bitcointalk.org.

    10,000 BTC for pizza post

    “I’ll pay 10,000 bitcoins for a couple of pizzas… like maybe 2 large ones so I have some left over for the next day. I like having leftover pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself. Kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!

    I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc. Just standard stuff, no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire.

    If you’re interested, please let me know and we can work out a deal.

    Thanks,
    Laszlo.”

    At first, no one paid much attention to what seemed like a ridiculous offer. After all, 10,000 BTC was only worth about 40 US dollars at the time.

    But a few days later, a user named Jeremy Sturdivant (aka jercos) agreed and had two pizzas delivered to Laszlo’s house.

    a user named Jeremy Sturdivant (aka jercos) agreed and had two pizzas delivered to Laszlo’s house

    That’s how the first real-world crypto transaction was born.

    The original discussion thread is still available online today, serving as a time capsule for the entire crypto community.

    How Crazy Was This Trade

    In 2010, 10,000 bitcoins were worth about 41 US dollars, and the two pizzas Laszlo received cost around 25 dollars. Even at the time, Laszlo got the short end of the deal.

    But that’s not the point. What made this transaction legendary is what happened afterward: Bitcoin’s price exploded over the next 14 years.

    Despite this, Laszlo later told CNN in an interview that he had no regrets:

    “I don’t regret it. I think that it’s great that I got to be part of the early history of Bitcoin in that way.”

    When asked if he loses sleep over how much those BTC would be worth today, he calmly replied:

    “I think thinking like that is… not really good for me.”

    To the crypto world, Laszlo isn’t a fool. He’s a hero.

    The Bitcoin Pizza Guy, who helped turn Bitcoin from an idea into something real.

    Why Is Bitcoin Pizza Day So Important to Crypto

    There have been many price spikes and protocol upgrades throughout blockchain history. But few moments are as symbolic as Bitcoin Pizza Day. Because this wasn’t just about pizza. It was the moment Bitcoin stepped out of the whitepaper and into the real world.

    Before this, Bitcoin was still a concept, an experimental idea shared by forum users and tech enthusiasts. No one knew if it could actually work. But when Laszlo successfully exchanged 10,000 BTC for two pizzas, he proved that crypto had real-world utility. That simple act opened the door for everything that followed. Bitcoin Pizza Day showed that digital assets could serve as a medium of exchange, not just a speculative asset. It marked the first step in a new financial era, laying the groundwork for Web3, DeFi, NFTs, and more. More importantly, it captured the spirit of early crypto: bold, curious, and driven by belief, with a touch of humor.

    That’s why, every May 22, the crypto world comes together. Across chains, coins, and countries, we pause the debates, eat some pizza, and pay tribute to the man who started it all.

    Exclusive Drop|CoolWallet Pro Bitcoin Pizza Day Editions

    To celebrate the legendary 10,000 BTC pizza transaction, CoolWallet presents a limited-edition Bitcoin Pizza Day Pro Series: three designs, three stories, honoring the evolution of crypto:

    🔸 Golden Era|A tribute to pioneers

    Honoring the legendary moment when 10,000 BTC were exchanged for two pizzas. The gleaming gold finish represents the courage and vision of early believers, paying tribute to the pioneers who sparked the crypto revolution.

    Golden Era|A tribute to pioneers

    🔸 Retro Red|Back to the 2010 Pizza Moment

    A bold and nostalgic red design that brings back the moment of Bitcoin’s first real-world use. Classic, unforgettable, and a reminder of the early purity and energy that fueled the crypto movement.

    Retro Red|Back to the 2010 Pizza Moment

    🔸 Greenfield|Connection and growth

    Symbolizing the decentralized spirit of Web3 and the power of community, this design represents the ongoing journey of building trust, collaboration, and boundless possibility in the crypto world.

    Greenfield|Connection and growth

    Limited-Time Offer|CoolWallet Pizza Day Promotion

    Celebrate the tastiest day in crypto — Bitcoin Pizza Day!

    🍕 Exclusive 15% off collector-worthy CoolWallets 🍕

    📅 Offer valid from May 20 to May 25, 2025

    It’s not just about pizza.

    It’s your chance to own one of the most iconic hardware wallets in crypto history.

    🔗 Order Nowhttps://www.coolwallet.io/collections/campaign

    Limited-Time Offer|CoolWallet Pizza Day Promotion

    Pizza Day Reflection: Would You Spend Your BTC on Pizza

    If you had 10,000 BTC today, would you use it to buy two pizzas?

    With Bitcoin now worth tens of thousands of dollars, that question sounds absurd, even funny. But this is exactly the kind of thought experiment that Bitcoin Pizza Day leaves with the crypto world. Laszlo didn’t HODL. He used Bitcoin. Not for profit, but to unlock a new kind of value exchange.

    So we ask:

    • Is HODLing always the right move?

    • Is Bitcoin meant to be an investment, or a form of payment?

    • Do we still have the early spirit of crypto, the courage to actually use it?

    Today, the Web3 ecosystem has grown stronger. We have better tools, more robust infrastructure, and widespread adoption potential. But if no one actually uses their crypto, how will the decentralized revolution ever reach the mainstream? Bitcoin Pizza Day isn’t just about remembering a legend.

    Bitcoin Pizza Day reminds us: it’s not about how much your BTC is worth. It’s about what you’re willing to do with it.

    The Financial Revolution That Started With Pizza Is Still Going

    Those two pizzas in 2010 didn’t just feed a hungry developer. They sparked the world’s imagination of what decentralized money could be.

    Bitcoin Pizza Day became a symbol. It challenged the definition of traditional finance and broke the boundaries of value exchange. It challenges traditional finance, redefining value exchange, and proving trust can be built peer-to-peer.

    From DeFi to GameFi, NFTs to DAOs, the ripple effects continue to shape the Web3 era. From person to person. From chain to chain. This financial revolution continues to grow.

    What we celebrate each year on May 22 is not just a single transaction. It’s the spirit of experimentation and belief that started it all.

    And it all began with one slice of pizza.

    CoolWallet is proud to be part of this history. Let’s move forward together into the next chapter of Web3.



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  • How Polkadot Became the Home for Web3 Gaming


    Anyone can build on public blockchains: the clue’s in the name. But certain chains attract a certain strata of projects, driven by such characteristics as their architecture, the availability of developer programs, and the tooling accessible to web3 builders. As a general-purpose chain, Polkadot is good for many things. But it’s increasingly recognized for gaming, a web3 vertical that’s found a permanent refuge on Polkadot. Here, the water is warm and the atmosphere is conducive to supporting web3 gaming in all its forms.

    From Polygon to Solana and from Sui to Immutable X, web3 gaming can be found alive and kicking on many chains. But it’s particularly prevalent on Polkadot, where studios have encountered the hallowed Goldilocks Zone in which conditions are ripe for life to thrive. Throughput is high and fees are low, for starters, but these are qualities that many chains boast. There’s clearly much more to Polkadot than scalability, useful as this attribute is. So what is it that’s made gaming on Polkadot a use case that’s actually seeing usage?

    The Making of a Gaming Chain

    Let’s start with the obvious: Polkadot is not just a blockchain. It’s a series of interconnected networks consisting of a central Relay Chain and interconnected parachains, any one of which is capable of hosting web3 games. Significantly, Polkadot’s parachain model allows gaming projects to operate on a dedicated chain while benefiting from the shared security of the Relay Chain. This eliminates the need for projects to bootstrap their own validator networks, reducing complexity and costs.

    The Relay Chain is equally capable of supporting web3 games, it should be noted, but it’s the parachains that capture the bulk of the action, allowing for the creation of dedicated gaming chains – like Mythos Chain, the Polkadot home of Mythical Games. Outlining his team’s decision to migrate from EVM to Polkadot, a transition that was completed last year, CEO John Linden ventured: “Polkadot’s commitment to innovation, security, and governance provides tremendous development value for Mythical Games.”

    It’s an opportunity to capture all the upside to blockchain gaming without getting drowned in tasks like network validation and ensuring sufficient decentralization, since all that’s taken care of by the Relay Chain. Polkadot’s Nominated Proof of Stake (NPoS) consensus is one of the reasons why its ecosystem boasts faster transaction speeds and lower costs than Ethereum. But beyond superior fees and throughput in the here and now, there’s also the prospect of Polkadot’s roadmap, which has caused its ecosystem builders, gaming studios particularly, to be bullish on where it’s headed next.

    Web3 Gaming Starts to JAM 

    Polkadot has flown the flag for gaming for years now, emphasizing its scalable infrastructure that “empowers developers to create resource-intensive multiplayer experiences with fast transactions, low fees, and seamless interoperability.” Games such as Evrloot, Exiled Racers, and of course Mythical’s NFL Rivals have already taken full advantage of these capabilities. But it’s with the JAM upgrade that Polkadot’s been truly able to evolve into the new frontier for web3 gaming.

    JAM effectively brings Polkadot in from the cold, making it easier to connect with other blockchains – including EVM L2s – which has wide implications for web3 gaming. With the ability to move assets and send messages between chains now a doddle, the interoperable Polkadot V2 is ideally suited to games in which assets, such as in-game items represented as NFTs, can be effortlessly transferred. As a result, a PFP collection that gains traction on Ethereum, for example, can be reimagined as a web3 game on Polkadot without breaking the user experience.

    But even for games that are native to Polkadot, JAM’s made the entire UX that little bit smoother. A 25% reduction in block finality time has helped, while reduced error rates when the network is seeing high usage have enhanced reliability. Parallel message processing, meanwhile, boosts that all-important scalability score. On their own, each of these improvements is incremental. But combined, they’ve resulted in Polkadot becoming a much sleeker, better connected, and altogether friendlier beast on which to build. As Polkadot puts it, “The best Web3 gaming experiences don’t feel like Web3.” When they’re powered by JAM, that’s no idle boast.

    The Final Piece of the Puzzle

    There’s one final reason why web3 gaming has taken root on Polkadot above all other chains, and it’s got less to do with the onchain environment than it does with the cultural one. Put simply, Polkadot welcomes gaming studios with open arms. And not just with nice words and platitudes, but actions that turn this sentiment into something tangible. Grant programs. Developer programs. Hackathons.

    If there’s one thing Polkadot does better than the rest, it’s onboarding – specifically, developer onboarding. Web3 gaming calls for mastery of more disciplines than any other onchain vertical, and thus it’s inevitable that devs will come unstuck at some stage. Getting all of the blockchain components to work flawlessly while also running a smooth game that players can experience in real-time is no mean feat. Getting this orchestra to work as one is prone to testing even the largest and most experienced games studios to the limit.

    Thanks to its best-in-class developer tooling, education, onboarding, and incubation, Polkadot bosses the critical but often overlooked cultural component of working in web3. For games studios that are still fixing things on the fly – moving fast and occasionally breaking stuff – this is refreshing to behold. Because ultimately, players, users, and developers alike will stick around on a blockchain because they feel at home.

    Or as Polkadot puts it in a recent blog post, “Lasting game ecosystems will be built around meaning, not mechanics. Players will stay because the world is worth investing in, not because there’s a token payout waiting at the end.” That’s the elevator pitch for web3 gaming. But it can equally be applied to Polkadot.



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