MenuBuzz [MENU]
ENDED: June 18, 2019Transparency Details
We have no contact details for this ICO
We have no information about the team
We have unverified information about this ICO
Description
Small & quick transactions, like required in restaurants and bars, are not realistic with Bitcoin or Ethereum due to huge price fluctuations, long transaction times, and high fees. The Bitcoin network isn't ideal for these type of transactions and the prior knowledge required by the business owner limited its reach to ...Read More
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LoyaltyExecutive Summary
MenuBuzz makes servers more efficient by allowing the customers who don't wish to wait for a server to be able to order themselves from their own device. This not only makes servers more efficient, but it also increases sales. With labor costs increasing, MenuBuzz empowers servers to be more efficient so restaurateurs can afford to retain the best.
MenuBuzz accelerates widespread crypto adoption enabling their usage is perhaps the most popular, everyday transaction: the purchase of food and beverages. Restaurants and bars are not required to be holders of a cryptocurrency wallet because the Menu Tokens that are spent in the restaurant are immediately and automatically converted into fiat currency for them.
MenuBuzz is an off-chain solution that takes the burden off the blockchain for smaller sized purchases. Customers need to fund their MenuBuzz wallet before they can make purchases. They fund their wallet through a variety of methods including Bitcoin, Ethereum, or MENU. Once their wallet is funded they can choose to purchase food and beverages through participating merchants or they can withdraw their tokens to their wallet. The benefit of using an off-chain wallet is there are no customer transaction fees for each purchase, transactions are instantaneous, and it doesn’t slow down the main network with a lot of small purchases. Customers pay the blockchain associated fees to transfer to and from their wallet but they don’t pay any transaction fees on MenuBuzz.
As with any good Loyalty Program, rewards are coveted and bring benefits earned by the customers participating. In the MenuBuzz Loyalty Program, customers who pay with crypto receive a percentage back in for future purchases at any of restaurants in the MenuBuzz network.
Documents
Whitelist and KYC
The Team
Timeline
Sale Starts
7th May 2019The ICO/Token/Coin sale opens
Happened: 4 Years, 11 Months, 16 Days ago
Sale Ends
18th June 2019The ICO/Token/Coin sale closes
Happened: 4 Years, 10 Months, 5 Days ago
TODAY
23rd April 2024