FoodNation (FOOD) ICO

updated 25 November 2018

FoodNation is a food delivery marketplace, developed collaboratively, using the blockchain technology.

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Status: upcoming
Presale: 05 Nov`18-25 Jan`19
Public sale: 01 Apr`19-30 Jun`19
Cap: 12 000 000 USD
Goal: 12 000 000 USD
Price: 1 FOOD = 0.05 USD
Blockchain: Ethereum
Offering type: Utility
Country: Estonia
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About

 

FoodNation is a food delivery marketplace, developed collaboratively, using the blockchain technology and having as key part the distribution of the profits with the sellers and divulgers for a more viral and sustainable growing.

 

Description

 

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 divulgers 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 2002, 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 for conquer together this billionaire industry. All the partners that are involved in the network could enjoy, in a meritocratic way.

 

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