Ufoodo ICO and Token Sale Review

Ufoodo

Ufoodo

Running Now
Bonus: 35-25%
Ufoodo

Ufoodo

Ufoodo aims to connect food delivery and the block chain in ways never before seen. Over the course of the last few years, the food industry has been shaken by online food delivery services such as UberEats and Skip the Dishes. These delivery services are super convenient and in turn, end up saving customers much of their precious time. Furthermore, many of these services offer delivery from restaurants which previously did not provide delivery.

Still, there are challenges that need to be overcome such as the restaurants that deal with these delivery services being faced with ridiculous commission rates and couriers receiving low working wages. This is where Ufoodo comes in. They plan to eliminate the need for a middleman and connect consumers directly with restaurants and couriers.

The Plan of Attack

Ufoodo aims at providing an on-demand delivery service for their users by using a completely decentralized network based on blockchain technology. For this, they want to eliminate the need for a third-party to be involved by offering users a direct connection to their favorite restaurants. They envision establishing a platform where users can access instant food delivery, as well as a convenient way for restaurants to work directly with couriers.

Users will be required to purchase the platform’s tokens known as UFTs by trading their Bitcoin or Ethereum tokens. In turn, these can be used to pay for food and drinks by establishing smart contracts with restaurants and couriers for their service.

Ufoodo’s ICO and Token

Investors and participants will purchase tokens as a way of contributing to the network and will be able to use them for Ufoodo services, as well as aiding in funding the network’s development and operations. There is a 40% pre ICO purchase bonus.

For example, participants who buy UFT tokens during the first 48 hours of the pre-sale will receive a 35% bonus. After that, participants will be given a 20% bonus. Afterward, during the first 48 hours of the main sale investors will receive a 12% bonus, followed by a 9% until the end of the sale.

The total supply will be 500,000UFT with 1ETH equal to 5,500UFT at regular sale price. The ICO has a softcap of 4,000ETH and a hardcap of 40,000ETH.

Overview

  • SymbolUFT
  • Countrygermany
  • Start Date2018-05-01
  • End Date2018-05-31
  • Payment MethodETH
  • Total Supply500000000
  • SectorPlatform
  • Start Price0.00,018 ETH
  • PlatformEthereum

Team

  • Lukasz Kowejsza
    Co-Founder | Business Development

    With Lukasz’s perspicacious and visionary way of thinkinging he is the head of business development and responsible for strategic orientation. Master student of Engineering with economic focus.

  • Franco Leggio
    Co-Founder | Technical Manager

    As a full-stack developer and crypto enthusiast since 2013 Franco is the head behind the technical development. With his fast thinking mind, he is able to quickly grasp and solve new challenges. Electrical Engineering Student.

  • Shin Kim
    Mathematical Development

    By achieving two bachelor degree’s in Mathematics and Physics and currently master student in Mathematical Physics, Shin is ufoodo’s math whizz. He develops the mathematical based algorithms for the uChain protocols.

  • Sarah Claus
    Marketing and Communications

    With experience in value added services and channel marketing Sarah is an expert in working out the key messages and optimize ufoodo’s communication strategy.

  • Artem Sacharov
    Finances

    With 3 years of experience working for auditing firms Artem is responsible for financial consolidation and advisor for fiscal conceptual matters.

  • Michael Rolnik
    Project Manager

    With the help of Michael’s coordination skills, he tracks, keeps the overview and coordinates our agile project processing.

  • Prof. Dr. Marco Motullo
    Advisor

    Professor of Digital Marketing and Management at FH Aachen University of Applied Sciences. Marco is an experienced digital marketing professional, advising in defining and executing digital business models and marketing concepts.

  • Prof. Dr. Harald Meisner
    Advisor

    Professor of Banking and Finance at Rheinische Fachhochschule Köln. Since 2004 his focus of research is located in Finance in the internet economy.

  • Lukasz Kowejsza
    Co-Founder | Business Development

    With Lukasz’s perspicacious and visionary way of thinkinging he is the head of business development and responsible for strategic orientation. Master student of Engineering with economic focus.

  • Franco Leggio
    Co-Founder | Technical Manager

    As a full-stack developer and crypto enthusiast since 2013 Franco is the head behind the technical development. With his fast thinking mind, he is able to quickly grasp and solve new challenges. Electrical Engineering Student.

  • Shin Kim
    Mathematical Development

    By achieving two bachelor degree’s in Mathematics and Physics and currently master student in Mathematical Physics, Shin is ufoodo’s math whizz. He develops the mathematical based algorithms for the uChain protocols.

  • Sarah Claus
    Marketing and Communications

    With experience in value added services and channel marketing Sarah is an expert in working out the key messages and optimize ufoodo’s communication strategy.

  • Artem Sacharov
    Finances

    With 3 years of experience working for auditing firms Artem is responsible for financial consolidation and advisor for fiscal conceptual matters.

  • Michael Rolnik
    Project Manager

    With the help of Michael’s coordination skills, he tracks, keeps the overview and coordinates our agile project processing.

  • Prof. Dr. Marco Motullo
    Advisor

    Professor of Digital Marketing and Management at FH Aachen University of Applied Sciences. Marco is an experienced digital marketing professional, advising in defining and executing digital business models and marketing concepts.

  • Prof. Dr. Harald Meisner
    Advisor

    Professor of Banking and Finance at Rheinische Fachhochschule Köln. Since 2004 his focus of research is located in Finance in the internet economy.

Rates & Bonuses

  • Bonus: 35-25%