Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,233)
  • Analysis (1,428)
  • Bitcoin (2,005)
  • Blockchain (1,164)
  • DeFi (1,375)
  • Ethereum (1,379)
  • Event (52)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,419)
  • Reddit (656)
  • Regulation (1,325)
  • Security (1,900)
  • Thought Leadership (1)
  • Uncategorized (4)
  • Videos (40)
Hand picked
  • Why is the hyperliquid price (hype) up 18% today?
  • Who attended Trump’s same?
  • Cool Cats Nft Team Tape Lotte to recover a new audience in Asia
  • Regulation on the crypto of Bitcoinist.comsec: The commissioner warns against the risky commissioner of the “game” dry, Caroline Crenshaw
  • Bitcoin goes to a new record of all time, going beyond the January record
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Blockchain»Blackbird, Blockchain Restaurant loyalty application, goes with Flynet Mainnet
Blockchain

Blackbird, Blockchain Restaurant loyalty application, goes with Flynet Mainnet

February 28, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Ad371a54f0835781492f9366b160aa597804e672 5330x2998.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


Blackbird, the loyalty platform at the restaurant founded by the co-founder of Resy and Eater, Ben Leventhal, shared Thursday that his Mainnet Flynet was live, bringing payments of chain restaurants.

Flynet is a bed 3 -based blockchain based on the top of the Coinbase base chain. Base, a Layer-2 network, allows users to transform over Ethereum for faster and cheaper.

The team claims that having a layer 3 benefits the catering industry, because “by managing payments and loyalty programs entirely on Flynet, Blackbird eliminates traditional intermediaries, reduces transaction costs and introduces a new model to reward guests and partners.”

Blackbird had previously published a payment platform, allowing users to pay their meals with $ fly, the native token of the platform, which users could gain by the program loyalty program by dinner in participating restaurants or by buying it in the Blackbird application using the Stablecoin USDC.

With Flynet Live, $ fly will be used in the same way, but now restaurants can also use the token to pay the platform fees. In addition, the team publishes a new token, $ F2, to be used for gas costs on the network.

The team said they would have deposited 13% of the supply of $ F2 tokens to first users and restaurants, with a distribution according to certain activity measures. The remaining 87% of F2 will go to the “Initiates, to the Treasury, and we still have six seasons after that that we will allocate tokens to the participants,” Leventhal in Coindesk told an interview.

According to the team, Blackbird has $ 85 million funding with donors from Andreessen Horowitz (A16Z), Coinbase, Spark Capital and American Express. In 2023, A16Z collected more than $ 24 million for the platform in an A series.

Blackbird is currently available in New York, San Francisco and Charleston, and allows guests to win awards in some of their favorite restaurants. Leventhal told Coindesk that there were around 500 restaurants as part of their loyalty program.

“What we think we can do is build something where transactions become much more profitable, and the levers that restaurants must attract and hold customers will become large,” Leventhal at Coindesk told the way he sees the catering industry and the blockchain crossing. “And these two things, more than anything else, is the reason why we build in a chain.”

Read more: Blackbird, web startup of the co-founder of Resy, wants the guests to pay for meals in crypto





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleAudit results for contracts of the Pectra system
Next Article Dry has pushed Defi Execns to “ never work in crypto ”, explains Crypto VC

Related Posts

Blockchain

R3 Pivots to the public blockchain with Solana Partnership – Ledger Insights

May 24, 2025
Blockchain

Kraken Tape Solana Blockchain to deploy American actions and FNB tokenized for non -American merchants

May 24, 2025
Blockchain

The Blockchain Association has just bought the CFTC

May 24, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Balkans Crypto 2025: A New Frontier for Web3 Emerges in Tirana

May 23, 2025

Tirana, Albania – As blockchain adoption continues its global surge, Southeast Europe is stepping boldly…

Videos

Why your attention is valuable | Nadja Bester | TEDxSDMIMD Mysuru

May 22, 2025

In the digital age, attention is one of the most valuable currencies. As we move…

1 2 3 … 46 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Why is the hyperliquid price (hype) up 18% today?

May 24, 2025

The best WORLD crypto exchange in commercial volume announces a support to come for Altcoin focused on consumer on Binance Alpha

May 24, 2025

Cetus offers $ 6 million bonus to hack for a return of $ 56 million in stolen eth

May 24, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 108,850.16
ethereum
Ethereum (ETH) $ 2,557.08
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.35
bnb
BNB (BNB) $ 674.53
solana
Solana (SOL) $ 176.47
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.227989
cardano
Cardano (ADA) $ 0.758313
tron
TRON (TRX) $ 0.272