RESTAURANT REVIEW PLATFORM GETS BETTER WITH MUNCHEE TOKEN

in #crypto7 years ago (edited)

The concept of the global village by Marshall McLuhan is gradually but speedily coming to reality with the invention of e-commerce and social media platforms available for advertising products and services in the 21st century. Different areas of human endeavors are coming to the limelight. For instance, on a scale of 10-100, there is evidence that at least a total of 60% of the world’s population use the internet for different purposes. One of the sectors that have judiciously employed the instrumentality of the internet system for expansion of their enterprise is the restaurant industry. Food business entrepreneurs and investors employ varieties of mechanisms to reach targeted audience and yet still maximize profit at the long run.
Platforms used for such advertising and exhibitions has failed to meet the growing demands of restaurants owners the world over, as most of these platforms does not reflect the true status of the subject-matter under evaluation by real people, experience, events, times and places. It was out of curiosity of the afore-stated that I discovered https://www.token.munchee.io/.
Munchee is creating and developing a block-chain based incentivized platform that will help restaurants owners advertise their products and the end-users getting rewarded for sharing their experience in the restaurants. The concept is hinged on the Munchee platform offering a proprietary cryptotoken munchee mobile app to both restaurants operators/owners and consumers alike, who when they purchase munchee tokens (MUN) and give them as rewards to users for photos, reviews and social activity related to their overall experience at the respective restaurants become part of the Munchee ecosystem. The other side of the story sounds interesting, really. When you are rewarded Munchee token as a consumer or end-user, you can utilize your token to get products from participating restaurants. The platform is further anchored on two assurances; high quality reviews and a trusted product because with Munchee’s decentralized peer review system, individuals can be certain that they are interrelating with fellow individuals not competing with small businesses of false review sources and there is a reward for activity in the mobile app, which can be redeemed for products and services at partner businesses or restaurants. There is no regulation, laws, rules, bank, government or financial institution linked to the Munchee platform unlike other conventional platforms that follows the dogma of established financial institutions that pay inflated charges to different persons in a chain. Similarly, restaurants that will give out Munchee tokens to end-users for their meal will not have to pay high third party fees from financial institutions like Visa, Mastercard and American Express.
Furthermore, Munchee is a social networking app similar to Instagram food designed especially for food lovers. The mobile app is presently available in the United State for download. The review methodology is focus not on the food but on the dining experience. There is this benefit of getting direct listing of food menu not just names and address of restaurants, thereby helping restaurants owners showcase the best of their delicacies. The platform is currently been featured at different other platforms like startupbeat, social geek, trendhunter, beta list, product hunt and kmir. The token economics is a kind of a simplified advertising platform that will facilitates promotion for restaurants while the creator of the content gets reward for their activity. The platform is proposing a 500, 000, 000 MUN ofcourse 225, 000, 000 MUN will be listed for sales as part of the token pre-sale and sale events while 275, 000, 000 MUN will be held in reserve by the company. There are side benefits that platform offers. The use of the MUN token for the purchase of service or product from partner restaurants or business will be necessitated by this platform, which implies that the platform is looking at making the MUN an acceptable medium of transaction. Tokens can also be exchanged for other of altcoins or ETH.
During the last quarter of 2017, cryptotoken planning and issuance, pre-sale and sale events are taking place. By the first quarter of 2018, there will improvement of the Munchee mobile app bakend and restaurants database. In the same quarter, UX/UI of the app will add new features to the platform. By the second quarter of 2018, the development of Munchee token smart contracts on Etherem Blockchain network-integration on MUN token in Munchee app will start, which will be followed by Launch of user acquisition and marketing campaigns with main focus on American and Asian markets. The 3rd quarter of 2018 will witness the start of development of second smart contract to record fingerprint of reviews in Etherem Blockchain network. The last thing for the third quarter is the team to start the setting up of in-app wallets for end-users. At the first quarter of 2019, third party security audits will follow suit and the food delivery partnership agreement will take place. By the 2nd quarter of 2019, there will be a release of a new website for restaurants owners and managers exclusively. The team will also build web-based wallets for restaurants to facilitate advertisement and finally the integration of the second smart contract in Munchee app. 2019 third quarter will be characterize by the integration of food delivery on the Munchee platform.
Pre-sale starts on 31st of October, 2017 and the ICO are sizeable! To get token and find more about how to participate in this platform, download white paper at https://s3.amazonaws.com/munchee-docs/munchee+White+paper.pdf
https://www.token.munchee.io/. Or through social media;
https://www.facebook.com/muncheeapp/
https://twitter.com/MuncheePlatform
https://muncheeplatform.slack.com/join/shared_invite/enQtMjQzMzkxMDA1NDU3LWQyMmZlZGRlMDQ4ZWNjOGZhOGJhMzRmNjg5Yzc1MjI2OTViYTdhYzM5ZjQwZGExMjQ3NTYyMTk5ZWJhZGYyOTg
https://www.instagram.com/muncheeapp/
https://blog.munchee.io/

Authored By: https://bitcointalk.org/index.php?action=profile;u=1156227
Ether wallet: 0x5fAcAaDD40AE912Dccf963096BCb530c413839EE

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