The Decentralized Zomato and Yelp Killer: SynchroLife
With the likes of Zomato, Yelp and other countless restaurant discovery/recommendation apps already present, there's a new player in this field who got whatever these other apps offer but MORE! Meet SynchroLife, you can call it the Steemit of the food recommendation industry!
What is SynchroLife?
SynchroLife is like Zomato and others, but it won't be centralized like them. It will be based on the Ethereum smart contract platform where the curators will get rewarded for being part of their awesome foodie network. What's more to it? Their built in artificial intelligence will give you personalized recommendations based on your likes and behavior. The more you will interact and curate with the app, the more it will learn. By eliminating the confusion of "What should I eat?", it is only doing us a favor.
Suppose you ask your girlfriend what she wants to eat tonight, and she probably answers with her usual, "Whatever, I don't care". You can whip out the SynchroLife app and let it do the work for you. All you would need is to feed her likes and behavior into the app. And BAM! Done deal! I think this feature alone is a winner!
And not just that, check out the more features they'll have in store for us:
As mentioned above, SynchroLife will reward the foodies with their tokens. Foodies will get rewarded for restaurant reviews, editing photos and restaurant information, and translating information if needed. And not just that, since that will give more exposure to the restaurants, the foodies will get a percentage of the advertising fees they've curated.
Since it is decentralized, it will make the job of correcting ever-changing restaurant information a breeze. Long gone days where the restaurant would have to contact Yelp and wait for someone to do small tasks like changing their hours online or simply listing them on their database. With SynchroLife, the users will notice and do these things with ease and get rewarded. Their database will be truly global thanks to the blockchain technology. So no more calling to let someone know, no more getting put on hold, no more wasting time.
Their artificial intelligence will also let like-minded foodies interact on the platform where people will have a chance to make new friends!
With the power of smart contracts, we can rest assured that their tokens(rewards) will be distributed fairly and efficiently.
There will be marketing and cryptocurrency tools for the restaurants too.
How Will Their Tokens Be Used?
Their tokens will be called 'SynchroCoin' which will be the fuel of the SynchroLife platform. They will be used for various things on the SynchroLife platform like rewarding visits and paying for meals at their affiliated restaurants, buying digital coupons and gift cards, rewards for content creation, and also to pay for advertising and marketing.
They will have a built in crypto multi-currency wallet and a debit card based on their cryptocurrency wallet.
SynchroLife Token Sale.
Their initial coin offering is starting on August 3 at 12:00 GMT and will run for a month until September 3. The total token supply is 100,000,000 out of which 55%(55,000,000) will be up for crowdsale.
They already have a working product and in need of investments to transform into a decentralized food network juggernaut.
You can check out their current app 'SynchroLife' on iOS and Android which is usable in over 155 countries with languages like English, Japanese, Traditional Chinese and Korean.
With current features like:
Daily personalized recommendations with what's hot and trending around you or the world. And personalized search results.
The rating feeds are simple and fast with integrated social media sharing.
The ability to create an on-spot food blog.
Their ideas can certainly be built upon this foundation.
As of now, they have 30,000 users in Japan where the company is based and are looking to expand with innovation through blockchain technology. If everything goes according to their roadmap, they will release their decentralized platform around the start of 2018.
You can check out their official website--> http://synchrolife.org/
For in-depth details, check out their whitepaper HERE.
SynchroLife Team
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Always do your own research and use your own due-diligence before making any investments in any startups.
Thanks for the great article about SynchroLife and for sharing the news! You did a great job of introducing all the main points and it was a really fun read! 😊
The pleasure is mine! Wish you best of luck!
So errr ummm... One of the main things restaurants hate is how unfair reviews and reviewers can be to our business. Can you tell me more about the review/opinions portion of the platform? I feel very strongly there needs to be a way for business owners to play on an equal footing with patrons (outside of the typical "Make your food and service better than the other guy and everything will be okay" response we get from the heavies like Yelp and others...)
The reviews/opinions will be solely based on the user experience, but restaurants can run marketing campaigns and promotions for the reviews, so there's some control there. I hope I answered your question.
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This is my kind of food. So delicious looking! @kryptoknightk
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so it's centralized. got it. And it has ICO and its own token, so it's even more centralized than before. I'm guessing centralized company too.
lol. there are no useful or intelligent projects or people on eth. could've stopped reading there.