Drinkers can earn money simply by having a pint of beer thanks to a new cryptocurrency called Beercoin.
The German start-up’s coin can only be mined through a unique code on a bottlecap or bar mat that can be scanned with an app to generate Beercoins.
“Furthermore, they do not have to expose themselves to speculative risks, but can simply buy a beer.”
The start-up will initially create 77,480,000,000 Beercoins to allow the system to operate for 10 years with 10,000,000 users – a figure calculated using the average German beer consumption.
A company mission statement says: “Our goal is quite straightforward: We want to create the beer-based cryptocurrency.
“The beer market is a billion-dollar industry which has not seen many innovations in recent years and is currently decreasing in volume in many parts of the world.
“While the consumer base is shrinking, a lot of new competition in the form of craft beer breweries is trying to find a solid foothold in the market.”
There is also a charitable aspect to the cryptocurrency, which allows users to donate their Beercoin to hard-up boozers.
Mr Meyer added: “The idea behind it is that everyday life is better with a beer after work in good company.
“However, there will always be some poor soul who does not enjoy such a beer after work.
“This person should enjoy a sweeter life if other users donate their Beercoin.”
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.