FoodNation (FOOD) - ICO Details
FoodNation ICO Summary
FoodNation is bringing blockchain solution in the Supply & Logistics industry.
FoodNation initial coin offering will be held from September 21, 2018. FOOD will be offered to investors until December 21, 2018.
A total of 1,000,000,000 FOOD will be created and 50,000,000 will be available
during the coin offering.
FOOD coin/token sale will be considered successful if their softcap of 100,000(USD) is reached. Please keep in mind that the sale could end before December 21, 2018 if the hardcap of 25,100,000(USD) is reached.
During FoodNation ICO, investors will be able to buy FOOD at 0.1 USD per Coin/Token.
Get all the details about FoodNation below and on FoodNation Official ICO website
What is FoodNation
We are a online food delivery marketplace, developed collaboratively, using the blockchain technology and having as key part the distribution of the profits with the sellers and promoters for a more viral and sustainable growing.
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 through 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;
The segment of Food Delivery is made by capital intensive with good part of the investment going to the mass marketing. The FoodNation believes in a sustainable growing, focusing especially on the network remuneration of sellers and promoters which could construct a permanently profit resource by the capture of restaurants and consumers for the ecosystem. Being an alternative of profit resource for people, we became an interesting option of sharing economy, with potential of viral and explosive growing.
For this revolution, in terms of business model we will use all the potential technology of the blockchain, that will allow us acting in a decentralized, global and safe way. Thereby, without the need of servers, employees, managers or even formal institutions susceptible to governmental interference, we will unlock all the potential for us to growing quickly, with collective effort. We are talking about something very new in many senses.
Unfortunately, we see a lot of blockchain projects that use this technology just as a pretext to fund-raising or to solve a technical issue. In the end, they think as a traditional company, centralizing management (product, technology, seller and marketing) and consequently, the profits. What we crave with the FoodNation create is to unite the technology revolution with a radical change in the business role model, capturing all the potential of decentralization.
The current collaborators of the project have already acted in the order delivery segment and delivery logistics, knowing profoundly their challenges and solutions. We add to the project, blockchain specialists to make possible the decentralized operation. At last, others collaborators will be attracted in this journey, for us, together construct this nation. If you believe that you could collaborate with ideas or even roll up your sleeves, search us, because you will be very welcome. Together we are stronger!
FOOD ICO Details
|Token for sale||50,000,000|
|Token Price||0.1 USD|