The initial release will be a mobile app on iOS and Android.
We are targeting an early to mid 2022 launch.
Definitely! Just creating a new, decentralized clone of Yelp won't be good enough to convince users to switch over. Instead, we believe there's a massive opportunity here to rethink how people discover local food. It's time-consuming and frankly not-so-fun to search for something on Yelp or Google Maps and scroll through a long list of restaurants in order to decide on a place to eat. What most people really want are "word of mouth" recommendations from friends or other people they trust.On crowdEats, we want to enable users not only to write and adjudicate reviews, but also to share spots they love with the local community. Eventually, we envision every city will have a set of people who've become trusted authorities in their own niches, e.g. one person gives great recommendations on burgers, another is an expert on the best tea spots in town. Imagine some kind of combo between Instagram and Yelp, where you can instantly look up the reviews and business info of restaurants that people in your social network recommend. And if you're traveling to a new city, you can also see what kind of food is "trending" nearby, something that isn't possible in most apps right now.Like with reviews, we believe that building the right token incentives can create a more compelling, more viral social media experience, especially in the food space. As a core principle, users who provide useful recommendations to the community should be rewarded with tokens. Details on how this exactly works will be made available soon.
Food is perhaps the most ubiquitous aspect of our lives; after all, we need to eat every single day to survive. And with the explosion of social media and food videos on platforms such as YouTube and TikTok, each generation is more obsessed with food than the previous. In other words, the problem of finding, deciding, and sharing where to eat will always be with us—in fact, it's more important than ever. The question is: who will solve it?We envision crowdEats to become a one-stop shop for the entire "end-to-end" workflow of food discovery, decision-making, and sharing. Want to find a great taqueria nearby? crowdEats. Want to see its reviews, address, and hours to decide whether to actually eat there? crowdEats. Want to share with others how great (or not so great) it was? crowdEats. The market is currently fragmented across a bunch of online review and social media apps, each addressing only one or two aspects of this workflow. Combining this all into a single community-moderated and community-governed platform can deliver tremendous value to generations of hungry people.
Great question. The long-term vision is yes. However, initially it will start out centralized, with the exception of the token smart contract (or canister). In a market this competitive, we think that decentralization will slow down development and make it harder to execute and deliver features that win over new users, many of whom probably don't know what blockchain or decentralization even mean. With time, more and more portions of the crowdEats stack will be decentralized to allow token holders to tune key protocol parameters, e.g. the number of tokens rewarded for writing a high-quality review that passes a jury vote. The final end state will allow any part of the codebase to be modified. This approach is generally called progressive decentralization.
The Internet Computer is the only blockchain that can provide the speed, cost, and scale that's needed to run a consumer-facing app like this. As its ecosystem expands and matures over the coming years, we believe that more and more consumer-facing apps will choose to run their backend on the IC, enabling exciting new integrations.
The crowdEats token will be native to the IC. It will not be an ERC-20 token. Right now, we are working through the tokenomics, including the token supply, the inflationary and deflationary mechanisms (if any), etc. Stay tuned for updates!And no, it's not a Ponzi scheme because the value of the token will come from its utility to users. For example, users need tokens to stake in order to participate in a jury, and advertisers need tokens to pay for advertising. (Actually, on the latter point, we are exploring ways in which advertisers can pay in a stable fiat price and that will be automatically converted to tokens to purchase ad space.) Tokens are also given as rewards for various contributions to the platform, including writing reviews and voting in the majority as a juror.
It's not available right now!
Please follow us on Twitter for the latest updates. If you have any feedback, we'd love to hear it—you can contact us via email or drop us a message on Discord. This is a new space, and any feedback you provide will be super useful!As we get closer to launch, we'll also provide exclusive beta access to those who subscribed to our mailing list.