RESTAURANT P.I: Is A Decentralized App That Rewards Restaurant Patrons With Lunch Money And Other Cryptocurrencies:
The General Concept Of The Lunch Money Platform:
INTRODUCTION:
Restaurant P.I. is a decentralized app that rewards restaurant patrons with Lunch Money and other cryptocurrencies when they successfully submit feedback via their platform. The Restaurant P.I. platform will create an ecosystem in cities worldwide where its users will be able to receive deals and earn tokens for leaving feedback. Users will be able to store their rewards in various crypto wallets or use them toward the cost of their meals at participating food businesses. Our goal is to improve the customer experience at every point of service through anonymous customer over sights. The Restaurant P.I. platform has been designed for restaurant and eatery owners who are looking for boosted exposure and increased customer recognition. According to a Harvard study, by just increasing the repeat customer rate by as low as 5 percent, the restaurant can increase their potential profits by 25-125 percent. Hence, Restaurant P.I.’s concept aims at improving the value delivery from food serving businesses to the customer. Owners can boost their businesses by improving customer service per the feedback, gain positive recognition and retain loyal customers.
Lunch money is a wonderful application. We have not had any such customer centric DApp till today, which is source of earning for both customers and businesses. As well as eliminating the problem of poor customer service. It is a matter of honor for us that we had the opportunity to develop lunch money. There are lots of apps that do not allow their customers to experience benefits without registering and logging in but this DApp does allow. It is important to know that platform keeps a transparent ledger of transaction based on Ethereum which shows "Proof of Approval". Such feedback are going to give great benefits to businesses in coming days.
HOW DOES THE RESTAURANT P.I PLATFORM WORKS:
Restaurant P.I. is a Blockchain platform that serves as a portal between local restaurant owners and customers. Blockchain technology ensures transparency and trust in the business and customer relationship. Exclusive deals and discounts are offered to loyal customers and authentic feedback is rewarded with cryptocurrencies.
This restaurant reviews adventure will incorporate the Lunch Money token and as per the primary highlights for its tasks. LMY token is the essential cash that goes into boosting organizations and its clients.
WHY BLOCKCHAIN TECHNOLOGY:
Blockchain technology enables transparency and quick operations between the networks participants. The US restaurant industry witnesses a fair communication gap between both the customers and the restaurants. Customers often complain of poor customer service, but restaurants find it difficult to identify the exact ‘scope of improvement.' Restaurant Private I is a modern customer review platform that solves these common issues that customers and businesses face by leveraging blockchain technology. The platform solves issues related to authentic reviews and gives all customers a reason to leave a review after doing business. Here’s how it works. Users can submit their reviews on their platform to earn Lunch Money. Each review submission is reviewed and verified before being publicly posted on the Review Ledger.” The platform uses a unique three step verification method known as proof of visit, to confirm that all submitted reviews are authentic and relevant. Above is how the three step verification process works:
ROAD-MAP:
TEAM:
ADVISORS:
CONCLUSION:
In Conclusion, Restaurant P.I is an industry disrupting product with a specific and achievable goal. Its native LMY tokens and enlisted projects will allow customers to save their fiat money and use their rewards toward their meals. Restaurants and eateries will also benefit by gaining valuable anonymous customer insights, improve upon them and grow a loyal repeat customer base. In the future, Restaurant P.I. plan to expand globally into various domains that requires boosting their customer service and scaling their businesses through quality and loyalty points.
For More Information On This Project, Kindly Visit The Links Below:
Website: https://lunchmoney.io/
Whitepaper: https://lunchmoney.io/whitePaper/Restaurant_PI_Whitepaper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=3579638.0
Instagram: https://www.instagram.com/lunchtoken/
Telegram: https://t.me/lunchmoneytoken
LinkedIn: https://www.linkedin.com/company/lunch-money-token/
Facebook: https://web.facebook.com/LunchMoneyToken/?_rdc=1&_rdr
Twitter: https://twitter.com/LunchToken
Github: https://github.com/LunchMoneyToken/LunchMoney
AUTHORS’ DETAILS:
Bounty0x Username: Dtotti78
My Eth Wallet Address: 0xc5a639f58cb8deffff8513e2ad5f28f46d678b74