Thank you everyone who helped with Bean Coin, we have been able to give out 75,000$ to 14 neighborhood bars – to support them.
The bean coins are redeemable at the following bars now till Oct 31st, 2022:
The Avenue Pub – 1732 St. Charles Ave
Seal’s Class Act Lounge – 2169 Aubry St, New Orleans, LA 70119
Bud Rips Bar – 900 Piety
Little Peoples Place – 1226 Barracks
Le Bon Temps Roulée– 4801 Magazine
Vaughan’s Lounge – 4229 Dauphine
Jas Bar – 2613 Jasmine Street (Gentilly)
Kermit’s Mother in Law Lounge – 1500 N Claiborne Ave
DBA – 618 Frenchman
Bullet’s – 2441 A P Tureaud Ave
Brothers Three Lounge – 4520 Magazine
BJs Lounge – 4301 Burgundy
First and Last Stop – 1843 Pauger
Each bar has been pre-paid the value of the bean coins. They each have a set allotment, once that is full for one bar we will let everyone know. Then you can enjoy visiting the other bars on the list…
This helps the bars get new customers! support them with your bean coin credit :).
VIDEO TRANSCRIPT: “Hi New Orleans, I’m Devin from the Krewe of Red Beans. Since COVID started we’ve been trying to create local jobs and save local businesses. We have a new idea, specifically for our local bars- our neighborhood bars, like the R Bar, where I’m sitting, enjoying a beer here today. I’m here to propose a really crazy idea that totally can work if you guys support it.
Basically, we’re going to save the bars of New Orleans, with this little glass bean. So on February 10th, 2021 the Krewe of Red Beans will launch Bean Coin. Bean Coin can save the local bars by creating essentially a prepaid bar tab redeemable at local businesses all over the city from 12th night until midnight on Halloween these things will be redeemable valued at $10.
But the bars need money right now. They need money today before they die. So we’re going to prepay 50% of whatever we raise directly to the bars. This supports the bartenders. This supports their overhead expenses. They have to pay rent and mortgage and insurance even though they’re closed- even though they can’t make any money. They still have bills to pay, and that’s what’s causing them to go out of business.
So if we want to save our bars, this little piece of glass might be the best bet we have. Basically, it’s our own currency that we can create ourselves that is locally made, sustainably made, made out of glass, recycled beer bottles. They will create local jobs, and best of all, 50% of the money that we raise we can give as a life support to our local bars. Because you know as well as I do, you don’t want to have to watch the Saint’s game at Starbucks. We want to be here, the places that connect with our soul, the places that are part of our city’s culture. So join us – help us save the neighborhood bars with BeanCoin.”
You can make a difference by either buying NOLA Bean Coin or Donating to the effort!
Sponsored By:
**If your company would like to support our initiative and receive credit on our website, please contact Devin at redbeansfounder@gmail.com.**
“The Krewe of Red Beans: How A Grassroots Movement Raised Over $2,000,000”
GiveForms.com 2/25/2021
“BeanCoin Currency Casts Lifeline to Closed New Orleans Bars”
Bloomberg.com, 2/12/2021
“With New Orleans bars in peril, Mardi Gras krewe starts its own community currency to help”
nola.com 2/11/2021
“Krewe of Red Beans launches ‘Bean Coin’ initiative to help struggling bars”
nola.com, 2/10/2021