Gastery ICO Report – eWaiter v2.0, next evolutionary stage development
Standard ICO Report Structure:
- Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
- Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
- Part 3: Useful Links (Further Research)
Part 1: ICO Analysis
Gastery is the eWaiter v2.0, next evolutionary stage development of the project with a new concept, updated strategy, and ambition goals. Gastery is a food-tech start-up designed to automate interaction of restaurants and their visitors. The platform is based on the geolocation, blockchain technology & smart contracts, and use of QR codes. The value of this project for the HoReCa industry is to improve quality and speed of service as well as to raise the income for catering facilities.
Gastery is a food-tech start-up designed to automate interaction of restaurants and their visitors. Our service is based on the geolocation, block chain system, smart contract technologies, and use of QR codes. The purpose of this project in the HoReCa industry is to improve quality and speed of waitressing on the one hand and to raise the income of catering facilities on the other hand. HoReCa (Hotels, Restaurants, Catering), or the hospitality industry, is the most profitable and fast developing field of modern economics.
The HoReCa global market is highly intensive with regard to the key market parameters: capital, management, marketing, and personnel, which greatly increases the level of competition and impedes appearing of new market players.
Mobile Solution –
The Gastery mobile application for iOS and Android, and a web application accessible from any browser are developed. The application has functional units like E-Menu which includes images of dishes grouped by categories. The comments and reviews of the applications of the Gastery application, guests of a restaurant able to leave their feedback in a form of WTR tokens. It can be for each menu item and for a restaurant.
The marketing and analytics of the contents allow Gastery and the restaurants to contact with the audience, a restaurant keeper will easily get information about a catering facility.The loyalty system is implemented within the application. Users will get local points for all purchases in the application. Points are given for guest reviews and grades they give.
Advantages of Gastery –
Some of the advantages of the Gastery include the attraction of catering facilities, direct sales, attraction of users and the referral system. On the basis of the development dynamics, the number of clients and the number of competitors, it can be concluded that there is obvious demand for the offered product on the market. But all companies, except for UDS Game, do not promote their applications to end users but only work with restaurants. Therefore growth of companies slows down a year after the launch which disappoints restaurants. As for UDS Game, the number of users is fairly large but it is achieved through the partnership program with the participation of a great many people. A great number of users are partners who are not interested in the intended use of the service. They only need it to sell licenses for enabling the service. Thus, taking into account the estimated investments, their investments for the promotion of the application to users and creating a market for the application among restaurants, Gastery anticipates to enter the market quite fast and to compete with the existing systems.
Part 2: Crowdsale Analysis – Details & Token Supply
Tokens for Sale: 98,000,000
Token type: Utility Token
ICO Sale Phase: Pre-sale
ICO Distribution: The team has dedicated 56% of the token sale to go to crowd sale, 20% to go to the team, 4% to the bounty campaign, 10% for the reserve and another final 10% for early investors.
Token Price: 1 WTR = 0.05 USD
Crowdfunding Usage: The team has allocated 19% for Management, 29% for Development, 21% for Sales, 5% for Support, 17% for Marketing and 9% for IT-Infrastructure
Team Overview- Members and Advisers
The Gastery team is led by Nikita Vishnyakov as CEO, with Ilya Ponkratov as CTO, Igor Plotnikov as CSO, and Krishtopa Pavel as Sales manager.