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BiteCoin Network

ICO

BiteCoin Network is a crypto-backed decentralized food delivery network.

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Overview

Project industrySupply & Logistics
Product typePlatform
FoundedFrance
WhitepaperBiteCoin Network White Paper Open

What is BiteCoin Network

We all love food, in fact, we are crazy about food. We love eating out as well. However at times, you want to enjoy a meal with your friends in the comfort of your home, or you are too busy working that you want to order a takeaway, or that it’s simply convenient that way. Either way, we do a lot of takeaways. There are hundreds if not thousands of food delivery networks out there.

We, at BiteCoin network, offer you the most intriguing alternative. As the world’s first decentralized, cryptocurrency-backed food delivery network, we have a lot to offer to our customers worldwide.

Have you ever used a food delivery service and waited for hours only to be disappointed at the pathetic service and performance, or worse, to get a cold meal? Have you ever thought - “What a disappointment! I wish I had my money back! “ Well, look nowhere - you have come to the right place!

Everything in the frontier or technological advancement today is on-the-blockchain. Blockchain technology seems to be the next internet. With decentralized applications and ledgers, more and more power comes back to the people thereby enabling an advancement in the philosophies of how democracies will function in the future world, as a whole. We, at BiteCoin, are also committed to this philosophy and would like to contribute our share of the pie.

Vision

“To deliver goodness in every bite and redefine food delivery sector using frontiers of technologies including blockchains.”

Mission

  • To create a platform for food delivery in Paris as the launching city listing a spectrum of restaurants and accepting cryptocurrency as well as fiat currency for payment.
  • To reduce and remove pain points like delays, unoptimized routes, refund issues and wrong item received experienced by consumers of current food delivery apps in the market
  • To implement the most efficient decentralised delivery network and management system using our proprietary AI-induced on-the-chain algorithm. To use MPC techniques and guaranteed state-of-the-art active FTC algorithms using alpha-contracting invariant sets .
  • To implement one-of-a-kind loyalty program using tokens as rewards for users of the app as they make the orders and thus token distribution is monetized.
  • To implement a digital asset exchange trading platform enlisting BiteCoins and other cryptocurrencies right from the beginning with state-of-the-art derivative tools that no competitors have yet delivered. To link the delivery app directly with the exchange platform so that users of the app can sell their BITEs and withdraw fiat.
  • Details

    Pre-sales: May 06, 2018 - Jun 30, 2018
    Public sales: Jul 12, 2018 - Aug 30, 2018
    Token supply: 7,000,000,000 BiteCoin
    Total tokens for sale: 4,900,000,000 BiteCoin
    Soft cap: 4,900 ETH
    Hard cap: 50,000 ETH

    Legal

    Blockchain Platform: Ethereum

    Token info

    Ticker: BiteCoin
    Type: Utility-token
    Token standard: ERC-20
    Token price in USD: 1 BiteCoin = 0.01 USD
    Token price in ETH: 1 BiteCoin = 0.00001 ETH
    Accepted currencies: ETH
    Bonus program:
    Pre sale 35% bonus
    Main sale: 20% for the first week and 10% for the second week
    Token distribution:
    88% - Operating tokens
    10% - Crowdsale
    0.6% - Advisors and bounty
    1.4% - Team

    BiteCoin Network Roadmap

    1
    Q3 2017



    Food delivery partners.
    Application development phase.
    Market research and competitive analysis.
    SWOT.

    2
    Q4 2017



    Fleet management beta.
    Bite-X Concept design.
    Mobile app MVP alpha.

    3
    Q1 2018


    Corporate social responsibility policy.
    Calculated ROI at 15%.
    Business forecast and revenue projection.
    ICO crowdsale.

    4
    Q2 2018


    Key strategic partnerships.
    Cusotmer segmentation and relationship.
    Web platform development.
    Token distribution.
    BiteCoin launch event in Paris.

    5
    Q3 2018


    Consultant partnership.
    Open sourcing Bite-X.
    Mobile and web on-the-blockchain.
    Digital exchanges listing.

    6
    Q4 2018


    Bite-X alpha testing.
    Machine learning integration.
    On-the-chain trajectory planning algorithm.

    7
    Q1 2019


    On-the-chain optimization algorithm.
    Fault tolerance guarantees.

    8
    Q2 2019


    Beta app rollout.
    Candidate release.
    Full implementation City 1.

    9
    Q3 2019


    Vertical and horizontal scaling.
    Bite-X beta rollout.
    Bite-X Candidate Release.
    Expansion to other cities.

    Project team

    Abid Kodakkadan
    Abid Kodakkadan
    CEO
    Abid Kodakkadan linkedin
    Aftab Mohiyudheen Chundan Veetil Pazhaya Ottayil
    Aftab Mohiyudheen Chundan Veetil Pazhaya Ottayil
    CHIEF STRATEGY AND OPERATIONS
    Aftab Mohiyudheen Chundan Veetil Pazhaya Ottayil linkedin
    Ameen Rashad
    Ameen Rashad
    CTO
    Ameen Rashad linkedin
    Dr. Tahar Laraba
    Dr. Tahar Laraba
    RESEARCH AND DEVELOPMENT
    Dr. Tahar Laraba linkedin
    Delbin Thomas
    Delbin Thomas
    Front End Developer & Community Expert
    Delbin Thomas linkedin
    Rajesh Koduri
    Rajesh Koduri
    RESEARCH AND DEVELOPMENT
    Rajesh Koduri linkedin

    Advisors

    Scott Douglas
    Scott Douglas
    Advisor
    Scott Douglas linkedin

    Social media

    BiteCoin Network web-siteBiteCoin Network MediumBiteCoin Network TelegramBiteCoin Network BTCTalkBiteCoin Network X (Twitter)BiteCoin Network Facebook

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