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The online food order market is practically under the domain of big players whose profit margins are very significant, sometimes more than 50% of the services taxes. These monopolies eliminate good part of the business competition making both restaurants and clients run out of options. Nowadays this market moves USD 121 billion and the foresight is that will be still growing in high taxes (approximately 18% a year) reaching, in 2020, nearly USD 234 billions.
How to break up with this concentrating reality of the food delivery marketplaces and at the same time, being an example in the construction of a fair scene? How we could, in the free market rules, assist all the people involved in this ecosystem?
FoodNation is creating a marketplace for food order by apps with division of efforts to conquer together this billionaire industry. All the partners that are involved in the network could enjoy, in a meritocratic way, by what they seed:
Restaurants: receive and process the orders by network;
Sellers: attract restaurants for the network;
Consumers: orders through network and receive cashback;
Promoters: attract consumers for the network;
Investors: believe in the project and hodl FOOD tokens;
Developers: feature development to the project and maintain the network;
An online food delivery marketplace, essentially, connects hungry users with options of restaurants near to them. The buyers analyses the options, make the order and receive the food at home, killing their hungry. On the other hand, we have the restaurant processing the order, preparing the food and making the delivery. The systems that support this two sides are the most important for us to have a product that are loved and answer the needs of the market. This experience is very important.
With the crowdfunding we hope to let the FoodNation's products competitive in the market, avoiding technical issues that would prevent us to grow. Besides, the crowdfunding promotes the initial global expansion of the project and the growing of the community. We avaliated that without a initial acceleration, these could take a lot of time to the project become strong. This could be a part-time job for people, however, we will lose the moment of the market and the project might not have the traction wished.
Join us now and find out more about our project, become a member of the community by adding your knowledge and helping us improve FoodNation. Join a great community and stay up to date with the latest news about the FoodNation Project and the crypto world.
For more detailed information please read our whitepaper.