By bringing blockchain technology and a token-based economy into SynchroLife, we will be able to guarantee users more accurate, trustworthy, and transparent restaurant information than most previous restaurant discovery services have been able to offer, and on a global scale. The token-based economy will allow users to be rewarded for their meaningful contributions in the platform, giving value to every user's time and original content, and further encouraging users to continue using the platform and contribute to it's growth.
The SynchroCoin token will be used within SynchroLife as a reward to users who provide accurate restaurant business information, high quality reviews, and good photos and content of restaurants from all around the world. Users can then use SynchroCoin tokens to buy restaurant coupons and gift cards, tip other users, and buy premium features within the app. The SynchroCoin token will also be used by restaurants which want to participate in marketing or advertising on the SynchroLife platform as affiliate restaurants, and we plan to eventually allow the SynchroCoin token to be used for payment at affiliate restaurants as well.