The food industry started to enter the cryptocurrency market, and for many, it would have been better to do it sooner. There are numerous issues with how the distribution and safety of the products have been carried out since now.
Before conventional businesses of food entered the crypto space, there were numerous challenges in maintaining track of the food’s provenance; now, there will be no problem regarding traceability.
Now we have GoMeat first of its kind, which is one of the most needed platforms that will once again regain the consumers’ trust in the distribution process.
The GoMeat Platform
The platform is a blockchain-based marketplace that connects users with specialist retail meat businesses that primarily sell fresh Halal and Kosher meat products and a variety of other products like red meat, poultry, and fish.
They hope to expand into the United States and other Western countries, where specialty meat is not sold in ordinary supermarkets. GoMeat adds electronic payment options in traditional fiat currencies to the current Kosher and Halal meat stores’ presence online.
They provide customers with a chance to connect with local specialist retailers for traditional services. Furthermore, the platform offers a novel approach for people to obtain fresh and healthful meat.
GoMeat is a logistics technology firm rather than a meat vendor, and they offer a marketplace for purchasing and selling specialized meat.
Features that Make GoMeat Unique
The platform was not built explicitly for customers but also for wholesalers and retailers worldwide. The GoMeat platform provides services to businesses at no cost in terms of technology.
Self-employed entrepreneurs, small-scale retail proprietors, and family businesses can all benefit from these services. They are supplying all of the necessary technology to meet the expectations of the customers.
One of GoMeat’s primary features is its blockchain technology. It ensures that Halal and Kosher certificates are authentic and valid for each store that sells such items.
This tracking system reveals information about the animals’ breeding habits and living conditions.
And as the majority of stores are unable to invest in digitalization services due to high costs and revenue challenges, the retailers are only charged up to 15%, while the customers are charged a 7% service fee.
The platform includes systems for collecting, analyzing, and processing client data continuously. Also, it includes some practical and ready-to-use tools that are effective for sales, marketing, analysis, and customer feedback.
Orders and adjusting their existing business model to an easy and elegant experience, the leading key performance indicators, which allow merchants to quickly adapt to any changes in demand.
They provide support 12/7, and any customer-related issues can be resolved through the GoMeat program. Payments will be processed in fiat currency and any other wallets, direct deposit, and available account services.
The platform also features a token with a pre-ICO sale price of $1, a total token soft cap of $250.000 which has been achieved halfway through the pre-ICO, and a total sale hard limit of $1.510.000.
Expanding into new places since there is a reasonably strong demand for a service like this in western countries where specialized meat is scarce and especially during the pandemic.
So far, the number of orders has surpassed over 6,000, which has been obtained solely by word of mouth, requiring a significant portion of the funds raised to be used in marketing. The token will also be used to make purchases on the open market and through consumer rewards distribution systems.
The GoMeat token also contains notable characteristics of their burning process that will help to regulate and increase the GOMT value, safeguard GOMT holders’ purchasing power, and promote GOMT utility over time. With a limited supply, their burn process will continuously increase the token’s utility and offer holders additional value.
Burn Burn Mechanism consist in :
- All unsold tokens will be burnt
- 3% GoMeat revenue will be burnt starting with the quarter following ICO completion
- 4% revenue in 2022 and 5% in 2023 will be burnt quarterly
- Upon hitting $3 Mil in annualized gross volume, an additional 3% will be burnt every quarter
- Additional 3% will be burnt for every order paid using crypto
Consumers can use the token to place orders, receive free deliveries, have incredible discounts on each order, and the stores that hold a certain amount of tokens will receive free marketing.
The GOMT can be swapped and traded on crypto exchanges, but the founders’ primary goal for the token is to promote its utility reasons. Drivers who pick token payments receive orders on a priority basis. GoMeat’s excellent burn mechanism coupled with its limited supply (only 5 million) and a genuine use-case make it a promising project to look out for.
The GoMeat platforms have revolutionary services that will significantly impact our lives since they alter how we do our daily tasks. They provide more than an initiative; they present a creative idea for everyone.
Now people can view the entire process of meat production from beginning to end, from where it comes from until it reaches the person. Is safer, more pleasurable, and accessible to everyone.
They also provide small businesses with the possibility to build their businesses by utilizing digitalization. With GoMeat, you can expect to receive the most outstanding products on the market and live a safer and healthier lifestyle.