![]() ![]() Restaurant leaderboards will be the main motivation for customers to keep going to their favorite restaurants. Almost 50% of the value created goes to marketplaces.ġ- Restaurants can launch campaigns as smart-contracts and distributed payouts instantly and automatically.Ģ- Rewards can be spent in any restaurant and even be used in other web3 platforms.ģ- Restaurants can interact with customers through engagement tools. Customers and Restaurants are exposed to unexpected losses due to the volatility.Ħ- Uneven value distribution: Food service marketplaces charge high fees to restaurants. Conversion of the currency and settlement of the payment take 2-3 days.ĥ- High cryptocurrency volatility: Each web3 app launches its own token and associated tokenomics to make profits. Customers link their credit card and never visit the app again.Ĥ- Delayed payment settlement: Customers scramble to cash out from existing loyalty programs. There is no common platform for every type of restaurant, streamlining campaign creation and management.ģ- Weak customer engagement: Existing cash-back platforms don’t provide interactive tools to help restaurants evaluate their customer experience. The rewards earned from web2 apps by customers traveling are regional.Ģ- Cumbersome campaign management: The big chains can afford application development teams but small&medium restaurants don’t have the budget or capabilities to run such programs. Customers cannot spend the rewards earned from one restaurant in another. There are 6 problems that CEATY solves:ġ- Disconnected loyalty programs: Each restaurant has its own app. Our objective is democratizing the value distribution between restaurants and customers. Restaurant-specific leaderboards will entice customers to visit their favorite restaurants and have on-chain social status proofs. Customers collect rewards instantaneously and spend them in any restaurant in the global CEATY network. CEATY provides restaurants with engagement tools to drive higher customer stickiness. We enable restaurants anywhere in the world to launch cash-back campaigns. CEATY is a borderless web3 restaurant loyalty & cash-back app. ![]()
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