The MunchCoin Project is community based and exists to introduce the world of cryptocurrency into a person's everyday life without any confusion, using different systems and approaches.
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 certified eatery after submitting their receipt coupled with their Hex address on our eatery submission page, starting with a USD to MNCH ratio of 1:200.
MNCH Rewards Supply | USD:MNCH
1,000,000,000 - 500,000,000 | 1:200
499,999,999 - 250,000,000 | 1:100
249,999,999 - 125,000,000 | 2:100
124,999,999 - 62,500,000 | 4:100
62,499,999 - 0 | 6:100
The rewards system will be MunchCoin's main purpose for a while. We plan on expanding our system in the future
We look to you, the community, for more use-cases for the project. Since we strive to be community based we hope any ideas you may have can be used for the project!
VP of Marketing
Lead in App Development