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Crypto Sip And Shill Recap – July 20th

Drink: Michter’s Small Batch US 1 (91.4 Proof), Retail – $45
Sponsor: Zeleboba (250B $ZELE Giveaway)

First Up

Steakd kicked off the session with a thorough rundown of their plans to make waves in the UK food service and delivery industry. In response to some of the questions raised in my previous write up, the team came with numbers and projections. Their projections were based on capturing a conservative 1% of restaurants in the UK. That 1% could potentially net sales in the $1.2 million range. Steakd’s model reduces restaurant order and delivery app usage fees from the industry standard 15-20% down to only 4% – savings that Steakd hopes restaurants are eventually able to pass down to customers. OrderUp offers restaurants flexibility to pause and resume service. Restaurants can also choose when to utilize Steakd delivery drivers based on their needs.

Listeners got a glimpse of how Steakd plans to share revenue with $SDX holders. Out of the 4%:

  • 1% – Business growth and development
  • 3% – Returns to the Steakd ecosystem and profit sharing

$SDX holders will receive a portion of each transaction that comes through the OrderUp app.

Steakd is gearing up to begin beta testing the app with a few restaurants in the UK. Feedback from this testing will be used to improve the app’s user experience. When asked how they’d respond when the app’s popularity creates enough buzz to invite buyout or takeover offers, listeners were told that Steakd’s goal is to change the profit-driven app system that burdens restaurants. They are in it for the long haul.

I also need to mention that Steakd is a proud supporter of The Burnt Chef Project.

Next Up

Lynx Crypto‘s COO, Vincene, fired up the space with his energy. He gave listeners an overview of Lynx’s technology and offerings. I’m in my second week of using the Lynx Crypto app, an app that allows users to safely view token price and performance data without having to connect their wallets. The app reads data directly from the blockchain, making it useful for tokens that may not be listed on CoinMarketCap.

Lynx did not come to play small ball. They plan to one day be major competition for CMC. Lynx is more than a tool for crypto data. They also provide token listings, trend data, and marketing on their platform. Lynx boasts a year in operation without listing a rug pull. Currently, each listed token is personally reviewed by the COO and not all tokens are approved. Listing comes at a fee, but the investment is minimal and there are no backdoor deals for rapid review – a practice that has harmed the reputation and legitimacy of CMC.

Currently, Lynx supports Ethereum, Binance, and Polygon, but the team plans to accommodate additional networks in the near future. Since I’ve been using Lynx, I only go to my wallet for transactions. I default to the Lynx app to check token price and performance. The app allows users to see every token in their wallet without risk of engaging with dusted scam tokens. Unfamiliar tokens can be hidden from view with one swipe. I am very much interested in the growth of this app. It is available for download on both the Apple App Store and Google Play. Users can also use the web based version. A valid email address and password are required for sign up. From there, simply copying and pasting your wallet address(es) will allow users to engage with the app and its features.

As a bonus, Lynx is offering a discounted $150 Basic Listing for projects who feature on Crypto Sip And Shill.

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