A few months ago, NONE LAND introduced the restaurant review earn-to-earn mechanism of POMO Network, do you know if anyone has successfully redeemed the member gifts? This time, continuing the concept of applying blockchain to life, we want to introduce a DApp (decentralized application) that allows you to earn money while eating - Plato! It combines real-world stores, and you can get rewards just by consuming. How can you enjoy VIP-like discounts while indulging in delicious food? Let's dive into how Plato works!
What is Plato? How to use it?
Plato is a company that combines blockchain technology and gamified dining experiences. When Plato's users dine at restaurants, each transaction becomes data that will be used to improve the consumer's dining experience. Plato currently has 15 million partner dining establishments worldwide, and users can receive rewards just by dining out. If you purchase a seasonal pass, you can get up to 50% cashback depending on the dining location! Let's walk you through how to use Plato!
Step 1. Registration
Since Plato shares the same name as the Greek philosopher Plato, it's hard to find on Google. Here's the official Plato website and the mobile app download link for you. Remember to come back and read the article after downloading! After downloading Plato, you need to register using your phone number and email, set a password, and then enable location access to start using it.
Step 2. Map Exploration
After enabling location access, you can explore the nearby restaurants. The filter function at the top allows you to search by food type, which is a great help for those who have a hard time deciding.
Step 3. Dine-in
When you arrive at the physical store, first click the "Check-in" button in Plato to be eligible for the rewards. To receive the rewards, users need to take a photo of the dining receipt as proof after the meal, so remember to open Plato before and after dining!
Step 4. Reward Mechanism
How can you get the rewards? Currently, the rewards are distributed in the form of FAT Dollars in the app. The current exchange rate between FAT Dollars and USDC is 1 : 0.02, and in the future, FAT Dollars can be exchanged 1 : 1 for $FAT tokens after the token is issued.
Don't know what USDC is? We recommend reading the article about stablecoins:
Newbies buy this first! From financial giants to crypto noobs, why does everyone need stablecoins?
Step 5. Seasonal Pass
When searching for nearby restaurants, you can see that most of the rewards are 0.5%. If you want to increase the reward percentage, you can purchase Plato's seasonal pass. The current season is Season 2 (starts on 2024/8/1, each season is around 90-100 days). The passes are divided into "Basic" and "Moon" tiers. Just by purchasing the "Basic" tier, you can increase the rewards to 8%-15% and also reduce the cooldown time for earning rewards, which is very cost-effective for heavy users!
Step 6. AI Menu Recommendation
When trying new restaurants, we often rely on reviews to decide what to order, but sometimes there are too many reviews, making it overwhelming. Plato has integrated AI to allow you to input your dining preferences and needs, and the AI will recommend menu items for you!
Currently, Plato has not partnered with many restaurants in Taiwan, but non-partner stores still have a 0.5% basic reward. For updates on the FAT Dollar exchange mechanism and token information, you can follow Plato's official Twitter, or refer to their whitepaper. Before your next meal, remember to check in on Plato - free money is always worth picking up!
( * The content of this article does not constitute any form of investment advice. All investments carry risks, please research and consider carefully before deciding! )
〈Earn money while eating! Dining industry's Shopback reward method revealed〉This article was first published on《NONE LAND》.
