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#Blockchain, #Food & Beverage All projects

EatMeCoin: Loyalty reward for restaurants, ordering platforms and customers

With the EatMeCoin (EAT) we are able to improve our current loyalty program and create benefits for both companies and customers

stage Ended crowdsale

3.8 Rating

by 1 users


    KPLs

    • Employees7

    Team

    7

    Rick Jacobus de Geest C

    Сo-Founder - CMO

    Gerrit Jacobsen

    Co-Founder - CEO

    Maris Miglinieks

    Crowdsale Consultant

    Thijs van

    Gorp Team Lead Eindhoven

    Jorn Volleberg

    Marketing Technologist

    Joey van Duijnhoven

    Operations Analyst

    Joëll de Groot

    Investor Relations




    Crowdsale details

    Distribution of tokens
    • Crowdsale (70%)
    • Company Reserve (15%)
    • Crowdfunding Cost (15%)
    Budget allocation
    • Human translation of our services and platform, raising local companies, hiring staff and setting up the local food delivery network as well as marketing of the service. ($70)
    • Upgrading of our existing technology ($30)
    Details Indicators
    Token Symbol EAT
    Full Token Name EAT Token
    Pre-crowdsale Start April 26th, 00:00 GMT+03:00
    Pre-crowdsale End May 10th, 00:00 GMT+03:00
    Crowdsale Start May 11th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or June 5th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 20000 ETH
    Crowdsale Soft Cap Yes, 6250 ETH
    Domain registration date 2017-10-17
    Domain owner Domain Admin, Baltic Bites SIA, Matisa iela 61 - 22, Riga, LATVIA

    Cost of the token

    1 token for 0.0002 eth

    Price without discounts

    Bonuses

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    30% April 26 — May 03, 2018 20.00000000 ETH
    Crowdsale
    Bonus Dates Minimum purchase amount
    10% April 26 — 29, 2018
    10% April 30 — May 02, 2018

    Accepted currency

    • Ethereum


    Rate the project

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    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    1
    Elish Jah April 25, 2018
    Rating of project
    3.8

    Advantages

    Clear Vision. The white paper contains good explanation of the market opportunity and its target. Diversified Team and high-powered set of advisors. The is a well-established company behind the project. Social platforms keep followers updated.

    Risks and disadvantages

    Despite the fact that the target market is clear, the platform will only cover Baltic region in near future. Fund Allocation is vague. Twitter numbers are good but not decent.

    Comments

    All in all, the project's idea is a promising one. The Team and the existing company inspire confidence!


    FAQ

    Frequently Asked Questions

    What token is being offered?

    The token is named EatMeCoin (ticker: EAT) and replaces our current loyalty points. Now, our customers are rewarded with loyalty points for purchases, writing reviews and other activities. Points earned can be used for their next food order. The points are credited to the customer’s account like most traditional loyalty points. We plan to run the loyalty program as a blockchain currency. The EAT token will replace the currently used coins.

    What have you achieved?

    Since we founded Ēst – est.lv in 2016 we have realised 21.8% growth month-to-month. We became the premier Latvian food delivery company within a year and believe that we can do the same in Estonia, Lithuania, Belarus, Ukraine and Russia. In short, we already showed that we capable of delivering (pun intended) and believe that we can do more.

    What is your future vision?

    We plan to expand our services to Estonia, Lithuania, Belarus, Ukraine and Russia. Secondly, we want to keep developing new features that differentiate us. Our approach to food ordering is that of a social experience. Ordering food is not just pressing some buttons in an app. It is ordering food with someone else, enjoying it together and telling your social circle about it. Our customers will also own fractions of the EAT which means they can feel engaged with us as well.

    On which continent is Latvia?

    We hear that question often. Looking at the big picture, Latvia is a Baltic country in between Russia, Poland and Sweden. It is south of Estonia (birthplace of Skype), and north of Belarus (birthplace of Viber). Famous tech companies with Latvian roots are Bitfury, Mikrotik, Ask.fm and AirDog. Half of Scandinavia has outsourced its IT operations to Latvia such as Atea (ticker: ATEA) and Evolution Gaming (ticker: EVO).

    Who are the founders?

    Gerrit Jacobsen (DE) has been in Latvia since the fall of the Soviet Union. Gerrit has raised several companies such as a telecom provider and an IT development firm. As a CEO with a tech background, he keeps the ship on course. He is a German with a German sense of humour (you can decide for yourself if that’s a good thing). His mother gave him a PC 35 years ago, told him “…go earn some lunch money” and has been programming since.

    Rick Jacobus de Geest (NL) has been in Latvia for 5+ years. Rick’s fertile mind as a marketing hustler kickstarted the brand and vision of the company and he currently works with a core team of marketeers to keep spreading the good word to Latvia. His informal ‘Dutch style’ fits perfectly in the startup environment which keeps the employees happy as well. He likes to mingle with all levels of society. This makes him the ideal ‘listener’ for our very versatile group of customers.

    What about your team?

    Our multidisciplinary team is located both in Latvia and the Netherlands. In Riga, Co-founders Gerrit Jacobsen and Rick de Geest lead the project together with our cryptoconsultant Māris Miglinieks. Māris has over 3 years experience in trading cryptocurrencies and education, sharing his knowledge at Krypto Club and in a research project at Riga Graduate School of Law. The other team members reside at the Data Driven Business Lab, Fontys University of Applied Sciences (NL). This team is responsible for the execution and implementation of the crowdsale and the new loyalty program. They represent a mix of junior analysts as well as crypto-traders and enthusiasts.

    Who are your investors?

    Our investors are from the Netherlands. One of them was the head of one of the “Big Four” accounting firms in Latvia and keeps a hawkeye on our figures. He has a group of friends and fellow investors, all are Dutch business owners with a wealth of knowledge. They are active in the sectors of construction, shipbuilding and metalworks.

    Where can I find the source code?

    The Smart Contract will be immediately available for audit on GitHub. Sign up for our newsletter to get notified.

    Can I see some figures?

    Est.lv has seen a very stable and satisfying growth of 21.8% percent per month measuring in amount of orders. You can find more detailed information in the whitepaper.

    Tell me more about Ēst – est.lv

    Ēst – est.lv is the Latvian food ordering platform leader, founded in 2016. We follow the businessmodel of market leaders such as Grubhub, Takeaway.com, Just-Eat, Lieferando and others. In
    short that means connecting all restaurants to a single platform which allows for convenient food ordering. Having an easy-to-use, secure platform that integrates most of the restaurants offered in a country while providing users a convenient way to navigate overview.
    Ēst – est.lv is owned by:
    SIA “Baltic Bites”
    Reģ. nr. 50203029341
    PVN reģ. Nr: LV50203029341
    Matīsa iela 61-22,
    LV-1009, Latvia

    Are you listed on exchanges?

    We plan to be listed from the 26th of april.

    I still have some questions

    We’ll get back to you within the day, take your pick:
    Telegram
    Twitter
    Facebook
    Email
    You’re also welcome to call us or meet with us if you’re around the Baltics someday. Due to all different time zones just schedule your call via email.


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