Slake

Built on the Ethereum blockchain, Slake is a U.S.-based food delivery app that aims to bridge the gap between cryptocurrency and food service technology. Operating as a platform for ordering food online, Slake accepts cryptocurrency payments in addition to traditional credit cards, offering users a more convenient and secure way to pay for their meals. With its proprietary blockchain optimized for near real-time transactions and efficient payment processing, Slake seeks to reduce costs associated with high commission and service fees, which can reach up to 35% in the food delivery industry.

The Slake ecosystem of apps will address various aspects of food delivery, including loyalty rewards, reservations, and more. Utilizing custom algorithms and smart contracts on its blockchain, transactions will be cost-effective and efficient, while rewards can be stored and accessed in a central location, ensuring secure and certain reservations. By developing a proprietary blockchain, Slake aims to disrupt the unfair industry practices of food delivery companies that often take advantage of restaurants and food vendors with slim margins.

Slake's use cases are multifaceted, catering to both consumers and businesses. For users, the app offers a convenient way to order food online while enjoying the benefits of cryptocurrency payments. Restaurants and food vendors can benefit from lower commission fees, allowing them to maintain their profit margins. The Slake token, with its total supply of 500 million, has a maximum transaction limit of 1% of the total supply or 5 million tokens per holder wallet.

The Slake team consists of experienced professionals in the hospitality and blockchain industries. Nelson, the CEO, brings over 20 years of experience in managing teams and building relationships, while Sylvain, the CTO, co-founded multiple blockchain startups and has expertise in Hyperledger Fabric. Ian, the CMO, is a marketing professional with 20+ years of experience working with start-ups and tech companies in Silicon Valley.

Slake's partnership with Brewlabs for smart contract development and staking demonstrates its commitment to innovation and community engagement. With its listing on CoinMarketCap, Slake is poised to expand its user base and increase adoption. As the company continues to develop its ecosystem of apps and blockchain technology, it aims to become a leading player in the food delivery industry, offering enhanced services and solutions at a lower cost.