Whitepaper

By B Venkatesh

Inspiration

When Covid-19 struck the world, a lot many businesses in different sectors suffered heavy losses including one of the largest industries “The Food Industry”. Though many online food delivery platforms acted as a savior for many restaurants and inculcated the habit of ordering food from home into people which eventually made people lazy enough to not move their butts to the nearby restaurants the restaurants on the other hand kept on paying expensive rents even after the lockdown was over.

To move these lazy lads from their homes and make them eat at their nearest restaurants with embracing ambiance, we introduced “EAT MONEY”, which serves customers with EAT COINS for eating at restaurants.

The more you EAT the more you EARN. So come let's EAT TO EARN TO EAT MORE!!!!!!!

What It Does

EAT MONEY is a fantastic way to EARN for EATING at exclusive EAT RESTAURANTS.

So basically, Restaurants have to first register them as EAT RESTAURANT by staking some eat coins which right away creates the demand for the token.

The users on the other hand have to buy an EAT PLATE, our exclusive NFTs which come in four categories: BRONZE, SILVER, GOLD & EMERALD, each containing 4 levels.

After buying a plate from our marketplace in the Dapp, users are ready to go and dine at our EAT Restaurant.
After eating the users have to ask the restaurant for the generated QR code, which is caused by the restaurant entering the details of the receipt and the amount into the Restaurant Side of the Dapp. Restaurant signs the message which is also inserted in the QR code which is later verified on the chain for authenticity.
After scanning the QR the users get EAT COINS depending on the Bill Paid, the efficiency of the Plate they are holding, and a random factor generated by Chainlink VRF. After this, they also stand a chance to Spin the wheel of fortune to earn some more EAT COINS for the same transaction which depends upon the FORTUNE attribute of that particular Plate.
By burning these EAT COINS the user can upgrade to the next level in the same category of EAT PLATE, for which they get 10 points to distribute among the 3 ATTRIBUTES of NFT which are EFFICIENCY, FORTUNE, and DURABILITY. (The Factors are defined below)

EAT Plates

EAT Plates are the exclusive NFTs that are used to pay for your bill at EAT Restaurants and earn EAT COINS.

Fun fact: The metadata of the plate NFTs are dynamic and depend on the level of the plate and when you level up it automatically changes to a new looking NFT.