Author

Topic: 1st Stable CryptoCurrency for Restaurant with Franchise Rights (Read 585 times)

legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
That's an interesting concept but seems to be coming a bit out of nowhere. I don't see a bold connection between ethereum and restaurant services but I believe that the tokenization of such services wouldn't necessarily yield the required adoption to have a platform like this take off.
newbie
Activity: 52
Merit: 0
Is it only Asian food or you plan to add other cuisines?
hero member
Activity: 868
Merit: 501
Chainjoes.com
not explain spefication coin dev
and not open bounty or airdrop
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market
as we already know, that crypto is now in and synergize with various lines of life. Including this project that connects crypto to the culinary world. And this is a great project. Hope can be successful in the future. Many people will wait.
member
Activity: 112
Merit: 100
DinnerfulNetwork  is an order and payment service network connecting worldwide restaurants and catering industry onto blockchain at the crypto-market. this is  a  big  project,which  will be  a  anther  palpay.I hope to use your product as soon as possible
newbie
Activity: 60
Merit: 0
Such a good idea.
Finally could be implement with wechat .
member
Activity: 98
Merit: 10
full member
Activity: 868
Merit: 100
Great idea I must say. I think there is one other coin that is currently being traded in MacDonald in Russia. Against every purchase they off the customer a set of coins which then can either be traded for actual money or used for buying food. I think this one too perhaps work around the same concept...meaning there is crypto involved with food.

Keep up the good work. I will be following this project closely.
full member
Activity: 241
Merit: 100
cryptocronic.com
Right now the website only accepts United States zip codes for searching for meal providers.  Is there a plan to expand this to other countries?
newbie
Activity: 14
Merit: 0
DinnerfulNetwork ICO the 1st CryptoCurrency for Restaurant with Franchise Rights of Digital Food-truck on Block-Chain

https://imgur.com/1ei2faL
https://imgur.com/Q7ZuLO5
https://imgur.com/Mohgef0

About

DinnerfulNetwork  is an order and payment service network connecting worldwide restaurants and catering industry onto blockchain at the crypto-market. MealCoinDinnerful token (MCD) is the first Ethereum-based assets that comply with the ERC20 token standard using Ethereum smart contract for meal service on DinnerfulNetwork. Dinnerful application is the building block and entry point of Dinnerful service at the crypto-market. In addition to use MCD token for meal and other future services, diners can also trade MCD at secondary market for liquidity.

Dinnerful.com is founded in 2015 with $250,000 initial seed round money from 4 private investors/founders. Dinnerful.com started monthly family dinner plan service in Boston Massachusetts in October 2015. Dinnerful is trusted by thousands of loyal customers serving over 80,000 entrees to all Boston families. Dinnerful.com becomes profitable in 1st quarter of 2017.

DinnerfulNetwork has trademarks of 舌尖微信食堂 and 舌尖微信 won over a year-long trademark battle against China Tencent腾讯 Company which owns WeChat & QQ (popular WhatsApp like chat app in China with payment and shopping service integration).

Introduction Video:

https://youtu.be/tcmFeKxlgww


MealCoinDinnerful (MCD) use-cases
•   Diners can purchase Try Meal/Monthly Dinner plan through dinnerful.com application at available dinnerful service areas using Crypto Token Assets at a discount price. Diners can trade MCD for liquidity at market immediately after ICO.
•   Entrepreneurs (Business) can start catering business operation with Dinnerful Trademark Brands and existing customer base working as partners of dinnerful network.
- Entrepreneurs purchased Trademark license can open and operate under Dinnerful Network with free access to online resources and blockchain payment network.
- Business can join Dinnerful Network as partner to increase customer base and sales revenue and receive online promotion. Business can also access online resources and blockchain payment network. Partner restaurant currently receives additional $10,000 sales in average per month as DinnerfulNetwork partner.
•   Brokers (Managers) are community members working on dinnerful network by marketing MCD to new franchise owners and business partners. i.e. Drivers network manager, trademark area owner broker.
- Brokers are community members providing support and executing transactions with potential Dinnerful Franchise owners and restaurant partners. Brokers receive commissions and token rewards from Dinnerful network operation. Current Partner restaurant profit for brokers is at 10-15%.
- Managers are community members in charge of Dinnerful Drivers dispatch and operation using tools to ensure on time delivery. Dinnerful Driver Boston currently earns $20 per hour working flexible days Monday to Friday from 3pm to 6pm. Managers receive commissions and token rewards from Dinnerful network operation.
Advantage
•   Peg to dinner Dollar value MealCoinDinnerful Token is pegged to dinner dollar value based on Ethereum market price at ICO. This will serve as a floor to maintain stable token value with physical dinner service.
•   Low processing fee banking and credit card fees are high ranging from 3% - 5% or higher plus transaction fees for each charge. Using DinnerfulNetwork Crypto-payment service via ethereum blockchain can achieve extremely lower fees at around 1%.
•   Lower operation cost efficient online management using dinnerful network tools and resources eliminate human errors, lower food cost and increase profit margin.
•   Brand recognition & Network effect bring in new customer from dinnerful network. Enjoy advertisement campaign package thorough dinnerful network. Full rights to use popular trademark brands (舌尖微信食堂 and 舌尖微信) in authorized service areas.
•   Jump start new business start a new franchise business on dinnerfulnetwork utilizing all resources and tools available for a success opening without owning a physical restaurant. Working with established business to enable dinnerful meal service plan by setting up virtual store fronts and receive monthly payout and rewards.

Dinnerful Network order and payment service introduces an emerging new market using crypto assets payment can significantly lower the cost of operation by minimizing service fees through current credit system, enable new customer base, increase sales revenue and improve online order management.  The partner network and popular brand loyalty with trademark protection can help new business gain momentum and stand on a solid ground with minimal investment for a better profit margin.
Economics and token
•   DinnerfulNetwork uses own token MealCoinDinnerful MCD (ERC20 compatible)
•   MCD will have a fixed supply with no inflation mechanism
•   MCD value explained:
1) MCD Used purchasing meals with pegged dollar value at ICO price will help stabilize token value and serve as a price floor when Ether price dips.
2) MCD  token used by Entrepreneurs, Businesses and brokers will help stimulate token distribution and market flow
3) MCD  token franchise owner quarterly balance review will encourage long term holding effect to even further stabilizing Ethereum token market. (*)
Company
•   DinnerfulNetwork is an order and MealCoinDinnerful (MCD )payment service network connecting worldwide restaurants and catering industry onto blockchain at the crypto-market. MealCoinDinnerful token (MCD) is the first Ethereum-based assets that comply with the ERC20 token standard using Ethereum smart contract for meal service on DinnerfulNetwork. Dinnerful application is the building block and entry point of Dinnerful service at the crypto-market. In addition to use MCD token for meal and other future services, diners can also trade MCD at secondary market for liquidity.
•   Dinnerful.com is founded in 2015 with $250,000 initial seed round money from 4 private investors/founders. Dinnerful.com started monthly family dinner plan service in Boston Massachusetts in October 2015. Dinnerful is trusted by thousands of loyal customers serving over 80,000 entrees to all Boston families. Dinnerful.com becomes profitable in 1st quarter of 2017.
•   DinnerfulNetwork has trademarks of 舌尖微信食堂 & 舌尖微信 won over year-long trademark battle against China Tencent腾讯 Company which owns WeChat & QQ (popular WhatsApp like chat app in China with MealCoinDinnerful (MCD) payment and shopping service integration).
•   At DinnerfulNetwork, we strive to offer the user access to as large as possible a range of blockchain meal catering services as well as other future “real world” services at a maximum degree of convenience, while adhering to the highest standards in the ecosystem.

Team
The current team has 6 people: CEO and COO who are also the two co-founders, two engineers, a Director of Engineering and a designer. The two engineers have solid technical experience. Mr.  MO, Dinnerful founder and CEO, has background in application security and identity management industry and once owned and managed several restaurants before receiving Master of computer science degree from University of Houston Clear Lake in 2008. Mr. Mo is a serial entrepreneur established Social Ad Platform in China in 2011 and Dinnerful at 2015. COO and co-founder Michael Wan has background in government relations and business management. Mr. Won has successfully completed several business mergers with early stage internet tourism companies and luxury jewelry retail fronts.  Basing on the information openly available, MealCoinDinnerful (MCD) Token is the first on blockchain used for actual meal service.

ICO instruction video:

https://youtu.be/zEUWpowrU_k


ICO
  • •   Starts on 9 AM New York Time on October 05th, 2017 and will last 2 weeks or until the hard cap of $8M is reached
    •   A Pre-Sale to early ICO participants with contribution limits is held throughout 9 AM New York Time from Sep. 18– October 3rd, 2017
    •   Token offered for sale: MealCoinDinnerful  Token (MCD)
    - Issued on the Ethereum blockchain, ERC20 compatible
    - A total of 10 million MCD tokens will be issued, a maximum of 8 million MCD (80%) will be sold                                                  - The total maximum supply of MealCoinDinnerful  Token (MCD) is set to 10 million with no inflation mechanism
    •   Cap for individual contributions:
    - Will be determined prior to ICO based on the total number of registrants for ICO
    •   Contributions accepted in ETH
    •   Token price for ICO: 1 ETH = 250 MCD
ICO Contribution Price List:

Partners & Customers Contributing with Meals:
(* Unavailable meal service areas can choose same value meal equivalent service offers with shipping on the website)

  • 0.10 ETH = 25 MCD   One family dinner
    0.20 ETH = 50 MCD   Two family dinner
    0.30 ETH = 75 MCD   Three family dinner
    0.30 ETH = 100 MCD   Four family dinner
    0.50 ETH = 125 MCD   Five family dinner
    1 .0 ETH = 250 MCD   Ten family dinner
    5.0 ETH = 1250 MCD   Fifty family dinner
    10.0  ETH = 2500 MCD   100 family dinner
    20.0  ETH = 5000 MCD   Driver / Managers Partners
    25.0  ETH = 6250 MCD   Restaurant Partners

Contribute with Exclusive Franchise rights:
 (* all contribution used working with Franchise company to set up for operation per on franchise planning calendar)

United States:
  • Boston-Cambridge-Newton Area Exclusive   
    800.1 ETH = 200,025 MCD  (Not Available)
    New York-Newark-Jersey City Mid-Atlantic Area Exclusive   700.1  ETH = 175,025 MCD
    Los Angeles-Long Beach-Anaheim
    Area Exclusive   600.1 ETH = 150,025 MCD
    San Francisco-Oakland-Hayward Area Exclusive   580.1 ETH = 145,025 MCD
    San Jose-Sunnyvale-Santa Clara Area Exclusive   560.1 ETH = 140,025 MCD
    Washington-Arlington-Alexandria South Atlantic Area Exclusive   540.1 ETH = 135,025 MCD
    Houston-The Woodlands-Sugar Land
    West South Central
    Area Exclusive   520.1 ETH = 130,025 MCD
    Seattle-Tacoma-Bellevue Pacific
    Area Exclusive   
    500.1 ETH = 125,025 MCD
    Chicago-Naperville-Elgin East North Central
    Area Exclusive   
    480.1 ETH = 120,025 MCD
    Philadelphia-Camden-Wilmington   Mid-Atlantic Area Exclusive   
    460.1 ETH = 115,025 MCD
    Sacramento-Roseville-Arden-Arcade
    Area Exclusive   440.1  ETH = 110,025 MCD
    Dallas-Fort Worth-Arlington West South Central Area Exclusive   420.1 ETH = 105,025 MCD
    San Diego-
    Carlsbad Pacific
    Area Exclusive   400.1 ETH = 100,025 MCD
    Urban Honolulu
    Area Exclusive   380.1 ETH = 95,025 MCD
    Riverside-San Bernardino-Ontario
    Pacific Area Exclusive   360.1 ETH = 90,025 MCD
    Atlanta-Sandy Springs-Roswell
    Area Exclusive   340.1 ETH = 85,025 MCD
    Miami-Fort Lauderdale-West Palm Beach
    Area Exclusive   320.1 ETH = 80,025 MCD
    Portland-Vancouver-Hillsboro
    Area Exclusive   
    300.1 ETH = 75,025 MCD
    Las Vegas-Henderson-Paradise
    Area Exclusive   
    280.1 ETH =70,025 MCD
    Phoenix-Mesa-Scottsdale Mountain
    Area Exclusive   
    260.1 ETH = 65,025 MCD
    Minneapolis-St. Paul-Bloomington
    Area Exclusive   240.1 ETH = 60,025 MCD
    Austin-Round Rock West South Central
    Area Exclusive    220.1 ETH = 55,025 MCD
    Baltimore-Columbia-Towson South Atlantic
    Area Exclusive   200.1 ETH = 50,025 MCD
    Detroit-Warren-Dearborn East
    North Central   
    Area Exclusive   180.1 ETH = 45,025 MCD


Other Regions: (* open after US market operational, trading only before opened)

  • Canada Region Exclusive   2200.2 ETH = 500,050 MCD 
    Australia
    Region Exclusive   2000.2 ETH = 475,050 MCD
    France Region Exclusive   1800.2 ETH = 450,050 MCD
    Japan Region
    Exclusive   1700.2 ETH = 425,050 MCD
    United Kingdom
    Region Exclusive   1600.2 ETH = 400,050 MCD
    South Africa
    Region Exclusive   1500.2 ETH = 375,050 MCD
    Italy Region Exclusive   1400.2 ETH = 350,050 MCD
    Germany
    Region Exclusive   1300.2 ETH = 325,050 MCD
    New Zealand
    Region Exclusive   1200.2 ETH = 300,050 MCD
    Spain Region Exclusive   1100.2 ETH = 275,050 MCD
    Denmark Region Exclusive   
    1000.2 ETH = 250,050 MCD
    Belgium Region Exclusive   
    900.2 ETH = 225,050 MCD
•   Bonus staging: no
•   Liquidity: immediately after ICO
•   ICO instructions on how to contribute:
Be aware of scams!!! Do not send from exchange wallet address.
Only Send Ether to:
#1. DinnerfulNetwork.eth (Outside of China)
#2. DianPing.eth (Within China only)
MealCoinDinneful (MCD) token will be distributed within 7 days after ICO ends and can be traded on exchange immediately after ICO.
•   ICO webpage: https://dinnerfulnetwork.com
•   Terms of Sale: https://www.dinnerfulnetwork.com/content/terms-and-conditions.pdf


Token distribution
  • •   Total token supply: 10,000,000 MCD, fixed Token distribution
    •   50% Develop and Deploy MealCoinDinnerful Token payment network
    - Used to finance development of MealCoinDinnerful (MCD) token network
    - Used to finance deployment of MealCoinDinnerful (MCD) token network
    - Providing capital to selected high potential talents to grow Dinnerful network ecosystem; investing in business partnerships and manager broker networks.
    •   30% Creating Worldwide DinnerfulNetwork Market
    - Used to finance targeted operational markets
    - Includes incentives to stimulate mass adoption of MealCoinDinnerful MCD tokens in all markets
    •   10% Partner  Excellence Rewards
    - Include rewards to attract new comers to join and contribute to Dinnerful Network ecosystem
    - Build goal driven partners’ network to aggressively reach more markets and revenue
    - Enhance a profit sharing culture to create role models and generate new prospects
    •   10% Founding team
    - Founding team’s allocation will vest over a five year vesting schedule with a one year cliff; 20% will be released each subsequent year in monthly installments
    Use of proceeds
    The team will spend the entire funds raised developing and deploying worldwide DinnerfulNetwork and support partner operations to promote massive use of MealCoinDinnerful Token for meal services and more other future services deem suitable for the DinnefulNetwork ecosystem.


Summary
•   Dinnerfulnetwork order and payment service targets an emerging market connecting physical restaurants and catering services to the blockchain via ERC20 compatible MealCoinDinnerful Token.
•   DinnerfulNetwork intends to bring worldwide restaurants into the new crypto market through our tokens and customer base to establish a new model of profit sharing and mutual incentives.
•   DinnerfulNetwork strives to offer the user access to as large as possible a range of blockchain meal catering services as well as other future “real world” services at a maximum degree of convenience, while adhering to the highest standards in the ecosystem.
•   DinnerfulNetwork ICO contributors receive meal service or exclusive franchise representation in corresponding area/regions. Meal contributors have option to receive equal value of service offers available on website in areas where dinner service not available.
•   MealCoinDinnerful (MCD) Token will be used to purchase meals and other available services in operational areas/regions.
•   Pre-Sale for ICO started Aug 28, 2017 and is on a first come first serve bases with minimum investment floor. If Pre-Sale reaches the hard cap of $8M in ETH, ICO will end.
•   The targeted $8M should cover the first five years of development


Useful links
For more details on the project check the project’s website, whitepaper or join their Slack.

Trademark舌尖微信食堂http://tsdr.uspto.gov/#caseNumber=86915080&caseSearchType=US_APPLICATION&caseType=DEFAULT&searchType=statusSearch
Trademark舌尖微信http://tsdr.uspto.gov/#caseNumber=86915082&caseSearchType=US_APPLICATION&caseType=DEFAULT&searchType=statusSearch

(*) Trademark rights and franchise store owners/managers are required to maintain 50% minimum amount of tokens requirement as described during ICO. If token amount requirement not met in quarter review, franchise store owners/managers will lose its status and cease operation.
 (*) Contributor receives family dinner in available service areas, currently only in Boston Massachusetts USA. Contributor may choose other alternative offers available on Dinnerful.com with shipping included.

Jump to: