The BITE token is an important feature on the platform and is available as means of payment for the platform, while also maintaining its properties as a utility and reward token. Due to the exclusion of payment provider fees, to provide an direct discount to the customer, the token will be one of the available means of payment available for the platform. Well-known FIAT payment options, like iDeal, Credit Card & PayPal are still supported from on user onboarding and convenience perspective – along with other cryptocurrency payment integrations to provide convenient onboarding options for all type of paying users.
BITEZ Network and its BITEZ decentralized ecosystem is set on providing a transparent and convenient gateway to food services for the modern-day consumer. Like a tribe, the ecosystem’s users will be able to rely on experiences by like-minded peers to base their decision making on. Hence the community is dubbed as the BITEZ Tribe.