The rise of blockchain technology has led to a surge in cryptocurrency initiatives. In recent years, many projects have emerged, with some achieving great success, such as Uniswap, Curve, Axie Infinity, and Trader Joe. However, for every success story, countless projects have failed.
So, what does it take for EatnSmile to succeed in today’s competitive environment?
Enormous market.
The food and beverage (F&B) industry is a global giant, generating $6.729 trillion in revenue in 2022. According to Reportlinker, the market is expected to grow at a compound annual growth rate (CAGR) of 7.3% to reach $9.225 trillion by 2027.
The size and growth of the F&B industry have led to a corresponding growth in the Review industry. Consumers increasingly rely on reviews to make informed decisions about where to eat and drink. As a result, review websites have become ubiquitous, with names like TripAdvisor, Yelp, and Google My Business commanding a high degree of trust.
However, there is a problem with the current Review industry. The people who contribute the most to the success of the Review industry—the reviewers themselves—are often not compensated for their time and effort. This is despite the fact that positive reviews can generate a significant amount of revenue for businesses, as well as for the review websites themselves.
EatnSmile is a new platform that aims to address this problem by rewarding reviewers for their contributions.
The devoted team.
The management team is one of the most important factors to consider when evaluating a project, as the success of a company or project is ultimately in the hands of the people who execute it.
EatnSmile is a project from Sharefull SL, a Spanish-based company founded by two Japanese co-founders, Ippei Morioka, and Masahiro Chaen, with a strong interest in the F&B service industry and a wealth of experience in the field.
The management team at EatnSmile is composed of experienced professionals. They are passionate about their work, and they are committed to delivering exceptional experiences to their customers.
Easy to approach.
Online reviews are a ubiquitous part of our daily lives. This makes EatnSmile easy to access and use, as its business model is similar to legacy Web2 platforms like Yelp and TripAdvisor.
EatnSmile is also accessible to people who are unfamiliar with or new to the cryptocurrency industry. All they need to get started is a blockchain wallet. Additionally, users can easily obtain its tokens ($STAR Token and $NARUTO Token) for free.
Users are kings.
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With a deep understanding of the review industry, EatnSmile puts its users at the top priority by providing them with a variety of benefits to make their experience as enjoyable as possible. These benefits include:
- A user-friendly platform that is easy to navigate.
- The ability to leave reviews and ratings for stores.
- The ability to connect with other users and share reviews.
- The ability to earn rewards for leaving reviews.
Earning through reviews.
EatnSmile is a secure and anonymous platform where users can publish their opinions with complete confidentiality. This allows users to freely express themselves and honestly voice their minds.
In addition, the site rewards users with a chance to win $STAR tokens or other partner tokens for their first three reviews of the day. Earning from writing reviews has never been easier.
$STAR tokens can be used to purchase gifts on the Souvenir Shop, exchange on DEXs, mint NFTs, and edit your store on the app.
Become a Store NFT owner and earn more.
Users can become Store NFT owners on the EatnSmile platform by paying 100 $STAR tokens or using a Mintcode. This entitles them to the following perks:
- Free ad banner slot: Every Store NFT comes with a free ad banner slot that can be displayed indefinitely. This is a great way to promote your store and attract more visitors.
- Ad revenue: Store owners can also use their ad banner slots to display other store banners from the Ad Network. For that, the store owner will earn a commission.
Becoming a Store NFT owner on EatnSmile is a great way to promote your business and earn passive income.
Everyone has a voice.
EatnSmile rewards users with “Loyalty point” for taking actions on the platform, such as posting reviews, minting NFTs, or receiving helpful clicks from other users.
Loyalty points determine the amount of $NARUTO Token that users will receive as an airdrop. $NARUTO Token is the governance token of EatnSmile, and holders can use it to participate in various voting pools on the EatnSmile DAO. They will also receive rewards for casting votes.
Friendly and active community
EatnSmile currently uses Discord and Telegram as the two primary platforms for communicating with users and receiving feedback. The EatnSmile team has set up channels in multiple languages to make it easier for the community to communicate.
In addition, EatnSmile also updates its Twitter account daily with news, events, and giveaway campaigns related to the project.
Summarize
EatnSmile is a Web3 review site that aims to revolutionize the review industry by rewarding users for their time and effort. The project has a strong team, a large addressable market, and a user-friendly platform. EatnSmile is also accessible to people who are new to the cryptocurrency industry.
Some of the key benefits:
- The ability to earn rewards for leaving reviews
- The ability to connect with other users and share reviews
- The ability to mint NFTs and earn passive income
- The ability to participate in the EatnSmile DAO
Overall, EatnSmile is a promising project with a lot of potentials. If you are looking for a new way to earn rewards for your reviews, then EatnSmile is definitely worth your time.
