Today Restaurant P.I has announced its integration of the Bancor Protocol to provide continuous liquidity for its incentivized reward, Lunch Money. By integrating the Bancor Protocol, Lunch Money Token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor Wallet or any Web3 wallet, such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), GNO (Gnosis), BNB (Binance) and a long list of announced projects soon to be activated.
“We anticipate having a huge community and massive demand for the Lunch Money Token, so it absolutely makes sense for us to provide our users with an easy way to convert their tokens,” said Adrian Triplett, COO Lunch Money Token. “Integrating with Bancor will provide liquidity to everyone who wants to be a part of Restaurant P.I. as we build our platform and revolutionize the Food industry.”
Lunch Money will activate a Relay Token with 3% of its circulating token supply within a week following the successful completion of the Lunch Money Token Exchange. Users will be able to exchange Lunch Money Tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.
Restaurant P.I’s aim is to improve the customer experience at restaurants and bars by providing anonymous customer oversight. For every feedback that a user submits, he/she will earn Lunch Money tokens. Users know that by using the app, they are helping to solve poor customer service problems at food serving businesses and are earning LMY tokens. The tokens can be used toward their next visit. In result, customers will have an opportunity to save fiat money by transacting their earned Lunch Money. LMY is the native non-fiat currency of the Restaurant P.I. platform and it has been designed to be used for dining costs. When secret shops are completed, LMY tokens will be transferred to the user’s free Trust Wallet App. Trust Wallet is free and available on both the App Store and Google Play.
About Restaurant P.I & Lunch Money
Restaurant P.I. is a SaaS secret shopper platform connecting businesses to its consumers. Are you a restaurant or other food business looking for increased exposure and customer recognition? Are you a patron interested in trying various types of foods? Use this powerful app to exchange exclusive deals and discounts for your valuable feedback. Earn Lunch Money tokens every time that you complete a mystery shop and redeem a deal. Help us improve the customer experience at food serving businesses by providing your valuable feedback to business owners. For formation about the project please visit their Token Exchange and mobile app.
About Bancor
The Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor web app or join the Bancor
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