The MunchCoin Project exists to effectively introduce the cryptocurrency world into a person's everyday life without any confusion, using different systems and approaches.
In a world where everything is quickly becoming digital and online, it can be hard for eatery owners to conform to today's standards of being online. This is where we come in! We offer our rewards system to local food establishments as an incentive for customers to buy there rather than any other fast food corporate establishments. Power to the people!
Eat at one of our local certified eateries and get rewarded in our cryptocurrency, $MNCH for doing so! Simply submit your MEW ETH address and receipt proving you did so and that's it!
Our goal is to be the biggest community token focused on food rewards as well as tending to our soon to be HUGE community. We plan on being the biggest in cryptocurrency news by bringing the blockchain to the food industry and to the general public! What better way than a system that rewards based on eating?
To participate in the rewards system, there are 3 basic steps.
( at one of our certified eateries )
( take a picture of your receipt )
( submit picture & wallet address to our team )
What does it mean for an eatery to be certified? We're glad you asked!
When an eatery is certified, it means that they have passed our requirements to be part of our project and are eligible for anyone to recieve $MNCH rewards from. The MunchCoin Certified sticker will be placed somewhere on their storefront. They will also be listed on our website and map.
To submit a receipt, please click visit our Certified Eateries page, here.
The MunchCoin Rewards System works on a "halving" basis. Starting with 1 billion tokens, MunchCoin tokens are dedicated to rewarding whomever spends U.S. dollars at a partnered eatery after submitting their receipt coupled with their ETH address on our eatery submission page, starting with a USD to MNCH ratio of 1:2.
MNCH Rewards Supply | USD:MNCH
1,000,000,000 - 500,000,000 | 1:2
499,999,999 - 250,000,000 | 1:1
249,999,999 - 125,000,000 | 2:1
124,999,999 - 62,500,000 | 4:1
62,499,999 - 0 | 6:1
The rewards system will be MunchCoin's main purpose for a while. We plan on expanding our system in the future.
Our team is currently coming up with more use-cases for MunchCoin. If you have any ideas, please do not hesitate to let us know (If we end up using it you will be rewarded accordingly!).