Summary
Nowadays, a majority of people have ordered food online. However, the food delivery & takeaway market is dominated by a few, heavily centralized players. These parties control large portions of the online food ordering volume, but at the same time charge fees as high as 14-45% for facilitating this service. Restaurants run at an average cost basis of 78-93% of the order value. When you do the math, this means that many restaurants run these online services, on which they now have come to depend for a lot of their traffic, at or near a loss.
Bistroo is a fully Software-as-a-Service based ecosystem for restaurants and their consumers. Together with the users, Bistroo is creating the biggest DePIN to connect restaurants directly with their customers.
This saves restaurants time, money and frustration. Restaurants can now digitally serve their customers at significantly lower fees and receive instant payouts. The ecosystem allows them to be in full control of their digital presence. Both customers and merchants can earn rewards by contributing to the BIST ecosystem or access protocol services against significantly reduced fees. Bistroo in turn will direct revenue generated by the platform's services to invest back into the $BIST Ecosystem.
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