Our goal is quite straight forward: We want to create the beer-based cryptocurrency. The beer market is a billion-dollar industry which has not seen many innovations in recent years and is currently decreasing in volume in many parts of the world. While the consumer base is shrinking a lot of new competition, in form of craft beer breweries, is trying to find a solid foothold in the market.
With our project we want to offer breweries a way to fight for their market share with the pinnacle of modern technology. Participating breweries can offer their consumers a beer which not only tastes great, but enables the consumer to mine a cryptocurrency with it.
To help our Beercoin cryptocurrency taking off, we provide an interface to not only donate to charity, but also use Beercoins to buy more beer. Besides breweries, bars and stores can participate in our project as well and consumers can therefore mine and spend Beercoins at their local favorite places.
Rated on May 17, 2018
Core team have lack of experience in blockchain technology.
I don't think there is a unique use of Blockchain technology......
I am sorry to say I don't think it can bring ROI to investors......
Rated on May 20, 2018
I actually quite like this as a concept and can see engagement. NOt sure if the production codes of tops will blow it up though , but its a neat way of getting traction and maybe might be a great partner for another ICO
Rated on Jun 7, 2018
I would say there is no need to use blockchain technology for this product as it can be easily accomplished using normal web technology.
So I think there might be not much use of it.
Rated on May 17, 2018
Core team does not have much blockchain experience.
Product and vision are viable but seem country or community specific and really only apply to beer oriented countries with large amounts of microbreweries.
WP is missing the marketing strategy which will be KEY to the success of this project. The revenue model needs improvement as getting stores and bars (outside of your local German market) will prove to be very difficult.
You should target all German bars and breweries across the globe initially to try to gain traction with beer lovers, this may help you gain exposure in a lot of different countries by just targeting German beer focused bars at the start.
Token metrics make sense. This is a niche that could be successful with beer lovers but building a community, attracting partners, and marketing will be key.
If you are looking for advisor to help you with the project, let me know. ;)
It is true that we don't have blockchain experience from the past. However, we think of ourselves as being a well-structured team with clear responsibilities. We are two developers (one generalist and one majoring in IT security), two artists, two communicators (one majoring in law) and are up to the task. To expand the team with non-volunteers we need money and therefore have an ICO.
I am a bit sad that "blockchain" seems to imply "global multi-million dollar business". While it is in the scope of possibilities, it is not a natural necessity. Is the idea only good if we make millions? Is "vision" and "product" all about money?
Of course we will do our best to grow. Growing means spreading the idea of cryptocurrencies to the "average joe" who likes beer. One of our advisors is a beer-loving marketing expert and will help us to spread the idea as the project continues. If we pass our soft cap, we are confident that we can lead this project to success.
Rated on May 18, 2018
Looks like nonesense at first sight, but I really believe that this can become a trend and will bring many people closer to using crypto coins. There might be some shortcomings regarding the technological conception of the business case. I am not sure if transaction costs are well enough reflected in the business case.
Nice Vision, though far from being a revolutionary idea.
Rated on May 18, 2018
I have several concerns regarding this project.
The core team is either about to be or just have graduated from university. Age is not the issue, especially in the blockchain industry, but according to their public LinkedIn pages, only 1 of the 3 core team members have actual work experience of any kind.
For a blockchain product that is based entirely on utility, to have no core members with business experience seems like a risky place to start.
Then in terms of the blockchain design, there is no need for blockchain to be used for this project at all. Rewards systems like this have been around for decades and digitized more recently. Even Coca-Cola operated a product nearly identical to this several years ago requiring unique codes per bottle and everything.
But, on the positive side, the ICO sale as well as the Founder's stakes in the coins overall are much more generous than greedy in comparison with many other current projects.
If this team approached me with this product idea and with breweries already signed up for a test run I would be interested because this is a proven loyalty model. But for the project as it is leaves me with many concerns regarding the team, use of blockchain (likely just for the ability to ICO), and lack of industry partnerships able to realize this project.
I cannot recommend this project for investment.
While we don't have business experience in the "inner circle", we had meetings with well-established persons from the finacial industry who gave us valuable advice.
You are right in you observation that one doesn't necessarily need the blockchain for this project. We use it not primarily for the ability to have an ICO (kickstarter would be an alternative), but rather for the "buzzword", so the breweries can use something fresh for their advertisement.
We are constantly in negotations with breweries. Very large ones explicitely said they liked the idea because of that very buzzword. While we cannot announce anything yet, we now need funding to build up an infrastructure to offer breweries a fully working product ready to be adopted.
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TeamApply as an advisor
Senior Consultant and BeerAmbassador
Senior Marketing Advisor
Patrick von Steht
Founder and Executive
Co-founder and Designer
Co-founder and Developer
Formation of the company Beerchain Technology UG (haftungsbeschränkt).
App design and development.
Concept video shooting and publishing.
Legal preparations for ICO according to German law.
Initial coin offering with preceding Airdrop.
Investment planning and staff acquisition.
Entry coin offering and market entry.