First investment funds raised, team hired, application architecture built, interface development started.
Processing payment system integration
First signed agreements with Paymentworld (http://www.paymentworld.com) as a processing payment service provider for banking cards through reOrder terminals.
Cloud management solution development
Cloud management solution provides back office functionality for owners and restaurant
Owner must have simplified menu management, product picture and description update, multilanguage ability, ingredients rotation and of course detailed sales and customer satisfaction
Financial and accounting modules development started, allowing realtime control of all the credit
Beginning of statistics system development, allowing restaurant owner and managers to get full information about terminals' transactions and track quality of food, service and overall client
New product development was launched, allowing waiters performance monitoring and control through personal KPI and motivation. This solution is for expensive full service restaurant.
First test terminals installation in NY restaurants and first collected data and reviews from restaurant owners about usability and user experience.
According to data collected from first installed terminals were decided to remove the equipment from restaurants and implement important application changes, like interface improvement and new functionality.
New product was tested in restaurant and collected many positive reviews and important functional improvements. That gave us a product fresh look.
In order to expand our product line proposition and acquire alcohol serving establishments market sector, a new additional product was invented, allowing beer ordering automation based on special terminal linked IoT device.
A new developed IoT device allowed to integrate it with reOrder management solution and transfer necessary data through bluetooth to cloud management system.
Existing Apple iPad solution have a number of restrictions including it's price and supplier risks which slower necessary Company expansion according to developed strategy. That's why we decided to start develop our own hardware solution.
After the market and technical documentation research we decided to start integrating blockchain technology into solution. Which brings synergetic effect and enforce our business functionality, serving retail business owner and their customers.
We decided to start build organizational structure for ICO strategizing, prioritizing, preparation and marketing.
According to new strategic goals and restaurant owners data and crypto economy functions in our products, were decided to change Company and product name and completely redesign the outlook and Company presentation approach.
We developed ICO strategy and proposition, translated and placed ICO announcement on IC O tracking platforms and started to work with our audience.
We decided to launch ICO token sale in two stages to be able to make first installation after the first ICO stage. Then we will prepare usage statistics and launch main token sale after few months.
Launching R Coin token sale with 35,000 R Coin soft cap and 35,000,000 hard cap. After this token sale round Company will spend the funds on equipment purchase and installation in number of New York restaurants according to an amount of funds raised.
Top exchanges listing preparation
First installations in NY restaurants
Company will spend the funds on equipment purchase and installation in first bunch of NY restaurants to verify our solutions and prepare to mass deployment.
As a result of verification and validation we will prepare report about system performance, restaurant usage profiles and customer feedback. This report will serve as the main decisive factor for future strategic planning and market expansion.
Update of current documents using new analytic data. New advertising campaign launch for second ICO.
Second ICO round launch