UPXP is a breakthrough in the current business model of paying commissions on turnover.
It will eliminate the financial burden represented by commissions paid by points of sale to intermediaries who bring them customers.
In exchange, the point of sale will return one-third of the money saved to their customers in UPXP cryptocurrency and keep two-thirds to increase their profits.
UPXP will free the point of sale from third parties that take advantage of their dominant position.
UPXP rewards is integrated with the most POS availabe on the market. The restaurant will not pay additional fees to use the UPXP ecosystem. Connect UPXP to your POS, booking solution, website, CRM, Digital menu…
Each time you order food or book a table via the UPXP application you earn crypto. The restaurant’s POS will credit your wallet with the UPXP token.
Because the big players have to spend a big part of their revenue on advertisment, the current business model based on taking commission on food orders is still not profitable. From the restaurants side, they have to increase the prices to carry these charges or work for peanuts. In the same time the delivery guys see their income become less and less.
UPXP will not charge any commission or fee to the restaurant, this means it’s in the interest of the restaurant to do the promotion of UXPX. With all the money saved by the restaurants, they don’t need to increase their prices to be profitable. They will use the opportunity to reward the consumers with our UPXP token.
UPXP has a limited total supply of 1.1.00.000.000 tokens, the value will increase in proportion to the number of users and restaurants who will use the UPXP reservation and ordering App.
After the ICO, only the consumers or the early investors will be able to sell their tokens to the restaurants who need UPXP tokens to be visible on the UPXP App.