Ufoodo is a non-profit food delivery service with its aim to revolutionize the on-demand delivery service branch. With the help of the Blockchain Technology and the therefore created payment method, the ufoodo Token (UFT), ufoodo creates a decentralized ecosystem which should equally serve the clients, restaurants and couriers. The platform directly connects clients, restaurants and a courier pool and allows to interact between the different parties. The Blockchain or rather the uChain-protocol ensures a safe autonomous process and a transparent payment processing for restaurants and couriers. As a result of eliminating the middleman, ufoodo is able to provide the delivery of qualitative food from the favorite restaurants of the clients, whereas the profit stays where it has been created.
Today’s popular on-demand food delivery services firstly appeared in 2013 and enjoyed a hyper-growth since then. By targeting the rising food delivery market ufoodo has the enormous potential of being used on weekly or even daily base by thousands of people worldwide, surpassing the dominating purely speculative role of common crypto currencies by integrating the ufoodo token into people’s everyday life.
Problems of today’s services
Despite of the boom of the new (on-demand) delivery services they get in public critique. A lot of restaurants fight with high commissions (about 20-30%) and the couriers complain about exploitative working conditions and bad salary. Despite of their rapid expansion the established players limit their growth on the largest cities, excluding wider parts of potential customers.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
ICO Analyst|Content Writer|Trader| CFA Charterholder|Consultant Rated on Mar 6, 2018
1
2
2
19%
word of advice. Have a prototype ready before you ask people to fund your idea. You are too early for an ICO. You list Beta product for Q3 2018. This is not a complicated platform or protocol blockchain. I'm not sure why food delivery needs to be decentralized on a blockchain.
Lukasz KowejszaICO team member replied on 19 Apr 2018
Thank you for your rating. We take your statement serious and in connection with other thoughts we changed our roadmap. Instead of a Token Sale we are performing a small Seed-Sale. So that we can finish product development until the end of this year and proof our concept. After this we will execute the actual Token Sale.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Pre-Sale: Ufoodo tokens are distributed among early purchasers. Early support and trust rewarded with bonuses from 35% to 25%.
2
May 2018
Token Sale: Launch of the Public token sale.
3
Q2 2018
Team Expansion: Expansion of ufoodo’s core team and preparation for a fast growth to speed up development.
4
Q2 2018
Global Community Board: Launch of community board to ensure that the development is proceeding according to the expectations of our followers and supporters.
5
Q3 2018
Beta App: Launch beta version of ufoodo’s delivery app.
6
Q4 2018
Blockchain test: Private Blockchain Test.
7
Q1 2019
Go Live Pilot City: Launch of ufoodo service in pilot city.
8
Q2 2019
Start digital decentral franchise: Enabling decentral growth through digital franchise in the first country.
