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niklasmato
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November 03, 2017, 09:08:42 PM |
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What is the pros of this project. How will the team market their product and convince restaurants to adopt their project ?
For restaurants owner our product is totally free - no costs, no fees. This product is much easy to market here in US. We not change anything inside of restaurant and we don't need any integrations with POS. Installation is fast and easy. Along as terminal business owner will have professional photos of their menu and all support also for free. Do you already have some restaurants which seem to be interested ? Yes we have number of restaurants who are ready to install it but they want better customer support. So we need a team to launch it And how many are that? I think you will need many restaurants to be successful. I think it's possible that it will be used. Well according to the ANN they aim for a couple of thousand restaurants. reOrder achieves this, it will go very fast. |
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PS92
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November 03, 2017, 09:46:47 PM |
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What is the pros of this project. How will the team market their product and convince restaurants to adopt their project ?
For restaurants owner our product is totally free - no costs, no fees. This product is much easy to market here in US. We not change anything inside of restaurant and we don't need any integrations with POS. Installation is fast and easy. Along as terminal business owner will have professional photos of their menu and all support also for free. Do you already have some restaurants which seem to be interested ? Yes we have number of restaurants who are ready to install it but they want better customer support. So we need a team to launch it And how many are that? I think you will need many restaurants to be successful. I think it's possible that it will be used. Well according to the ANN they aim for a couple of thousand restaurants. reOrder achieves this, it will go very fast. Exactly, this is one of those traditional network effect projects. If it catches on it can go real big, real fast! But that doesn't mean it can't work for several isolated communities however. |
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Shilnov (OP)
Member
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Activity: 112
Merit: 10
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November 03, 2017, 10:04:34 PM |
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In white paper, in the section TECHNICAL IMPLEMENTATION there is a diagram from which it is impossible to understand the functioning of the system at all. Next is a description of the system's operation, after reading that, you are convinced that the circuit is made poorly. It does not reflect the sequence of actions of the system.
Also where are the figures from 20,000 transactions per day from 2,000 potential restaurants taken? There is no reason to think that these restaurants will be 2000. Also, the automatic creation of crypto-currency wallets and their connection to exchanges will not allow users to own private keys. All user tools will be in the management of the system.
And what advantages does the restaurant visitor get from the introduction of an extra link between them? I see only extra expenses for the visitor.
Sorry for short description of the diagram. We will have more technical details after first stage of ICO when we hire crypto dev team and they will bring more specific details based on our description. Consider it as technical requirements. 2000 restaurants is only 5% of the NYC market (City of 5 boroughs only). Absolutely doeble Users will allow to store their private keys on reOrder prepaid cards. We have a credit card swiper on terminal Visitors advantage is: bonuses, discounts, lowering ticket price because of automation, higher quality of service Business advantage from cryptocurrency: no merchant fees between customer crypto-wallet and restaurant crypto-wallet which is usually 2,5% @Shilnov, when you talk about bonusses, discounts etc, could you please explain? Because this is something I find really interesting. Is stuff like this possible: "The fact that they start local instead of global is cool too. If just one block in the whole NY district starts to use this product, it's a success. I can see a small bar that shows commercials for their neighbouring cab services on the terminal and creates some kind of bonus/saving deal with them. I think it's quite easy to implement this in such a system. If one block uses this stuff and people are saving points or whatever, it would be very attractive for adjacent blocks to enter. Spreading like a wildfire. Would love a reaction on this brainfart by the team." Get bonusses at one place and use them at another, all interchangeable and linked to eachother on your platform. All while advertising eachother's business. That would create cohesion in your local business community and create value for local customers. Yes. This what we call Virtual Restaurant Chain. If we'll connect 2000 different restaurants in NYC you as a reOrder card holder will be choosing just type of food. Because price and quality of service will be the same in any reOrder restaurant equipped by our terminals. And you will have 5-10% lower ticket + bonus points. |
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matjas
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November 03, 2017, 10:17:43 PM |
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What is the pros of this project. How will the team market their product and convince restaurants to adopt their project ?
For restaurants owner our product is totally free - no costs, no fees. This product is much easy to market here in US. We not change anything inside of restaurant and we don't need any integrations with POS. Installation is fast and easy. Along as terminal business owner will have professional photos of their menu and all support also for free. But you will have to adapt your app to every restaurant where they will offer your product, does that still mean, that anyone can have a testing period with your platform for free? |
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Shilnov (OP)
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Activity: 112
Merit: 10
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November 03, 2017, 10:27:55 PM |
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Actually we don't need to adapt for every restaurant. We have cloud management system where any owner or manager can setup menu, pictures, descriptions and even change interface
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Sozialtourist
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November 03, 2017, 10:28:03 PM |
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Does anyone know how much money they already raised during the pre-sale?
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Bambulee
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November 03, 2017, 10:31:21 PM |
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ohh yeah 3000 restaurants is a very large number. With global economics later hope much more?  |
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Shilnov (OP)
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Activity: 112
Merit: 10
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November 03, 2017, 10:32:19 PM |
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Does anyone know how much money they already raised during the pre-sale?
Basically we has no classic open pre-sale. Our strategy is to find big fonds and investors before ICO date and make deal. Stay tuned we will post details later |
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loup
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November 03, 2017, 10:37:17 PM |
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Does anyone know how much money they already raised during the pre-sale?
Basically we has no classic open pre-sale. Our strategy is to find big fonds and investors before ICO date and make deal. Stay tuned we will post details later That sounds like a good way to start. I hope there are news about this soon. |
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matjas
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November 03, 2017, 10:40:35 PM |
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ohh yeah 3000 restaurants is a very large number. With global economics later hope much more? If they expand outside New York they can easily reach higher number than that. I just hope they can keep up with their plans. |
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Shilnov (OP)
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Activity: 112
Merit: 10
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November 03, 2017, 10:48:36 PM |
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2000 NY restaurants is only first step. Next is rest big US cities
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Trrrt
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November 03, 2017, 10:51:14 PM |
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Yes New York Will be a first step I think, but Itd just a start to, its a very nice place to develop reorder, a lot of restaurant will be open to that innovation. Then the project can go in a lot of another city.
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matjas
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November 03, 2017, 10:56:59 PM |
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Isnt 0.01 ETH for Rcoin a little bit too much, thats more than 3$ per coin. I know it all comes down to market cap but i think people see potential space for growth if the coin value is lower.
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Shilnov (OP)
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Activity: 112
Merit: 10
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November 03, 2017, 10:58:57 PM |
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Where did you find this price?
Our price is: 250 RCO = 1 ETH (1 RCO = 0.004 ETH)
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PS92
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November 03, 2017, 11:00:23 PM |
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ohh yeah 3000 restaurants is a very large number. With global economics later hope much more? If they expand outside New York they can easily reach higher number than that. I just hope they can keep up with their plans. I think this is a bit like Swarm City and their predecessor with their Uber clone. It needs to work in one city for others to copy its success. 2000 restaurants in 2000 cities doesn't work. NY is a great starting point. And in time others will follow! |
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lobat999
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November 03, 2017, 11:04:59 PM |
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After implementation of this platform to a significant number of restaurants, we can now say that a new era of crypto based restaurants has begun. I can aptly call them "Cryptaurants". |
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loup
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November 03, 2017, 11:04:59 PM |
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Yes New York Will be a first step I think, but Itd just a start to, its a very nice place to develop reorder, a lot of restaurant will be open to that innovation. Then the project can go in a lot of another city.
I think that is better to start offering a lot of restaurant in one city that a few in many diferent cities. This gives a greater diversity to choose from. |
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greatteager
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November 03, 2017, 11:09:56 PM |
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The road map shows that the summer of 2018 will be the second part of ICO? Do you already have an arrangement with restaurants in New York?
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Shilnov (OP)
Member
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Activity: 112
Merit: 10
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November 03, 2017, 11:12:20 PM |
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Yes at least 10 restaurants isn't a problem. We already made good connections for last two years of development and testing
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Sozialtourist
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November 03, 2017, 11:15:52 PM |
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Does anyone know how much money they already raised during the pre-sale?
Basically we has no classic open pre-sale. Our strategy is to find big fonds and investors before ICO date and make deal. Stay tuned we will post details later So did you made a change in your plans and decided to focus on big fonds or investors? Because a couple of days ago you offered 2 guys here in the forum that they can invest if they want. Was this a special offer for member of BCT here? Hey, I am also interested to invest, I also want to know when could I invest in your ICO?
Please answer me soon!!
You can invest right now with higher discount 40% which is available only before November 7th Before we deployed smart contract you can send ETH or BTC on this wallets and get R Coins bitcoin: 1DgHK2aSQwQFZmkdLrMwddppuWctRZd8d2 Ether: 0x874149EE50Ad7Ddfd3ae268bdBeFc58E9F8BB77e |
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