As we enter the new year and leave 2022 behind, let’s take a moment to reflect on our accomplishments and get excited for what’s to come in 2023. Our business is gearing up to scale up and we can’t wait to share our plans with you. Let’s celebrate our achievements and look forward to a successful year ahead. — We want to say THANK YOU to all our BIST holders. Thank you for standing by us, we are grateful for your support. Together, we have navigated the ups and downs of the industry and are working towards a more sustainable future for restaurants and their customers. 2023 will be…

Fueled by venture capital and exponential growth ambitions, the “Winner-Takes-All” strategy is about acquiring market share at any cost. It’s a strategy that is losing massively in the current economic climate. In our “Winner-Takes-All” series we dive into the Why and What of this unsustainable strategy and how it has negatively impacted the food delivery & takeaway industry. — So, what is this Winner-Takes-All strategy?

Every month, we publish a monthly update to our token holders and broader community. Welcome to the February 2023 edition. This month, we ‘ve spoken to potential franchises for partnerships, launched a subscription product for merchants and a new campaign in our Eindhoven hub. — General Updates We released our look ahead for 2023, which you can read here and our founder, Bas Roos, did an Q&A with our community, which you can read here.

Didn’t manage to make it to our Q&A, but still want to read what was said on your own time? In this blog, we have outlined all the questions that were asked by the community and our CEO’s answers. — There is a hint of buying back the token in the whitepaper. How is this done and where is the money coming from? Buying back tokens will help us maintain circularity of the token and refill the reward pools in the future. This will be done on a periodic basis to ensure we can keep the rewards systems running. And will be funded by the operational growth of the platform and its revenues/transactions…

In the preceding articles, we explained that “Winner-Takes-All” strategists like DoorDash, Thuisbezorgd, GrubHub and UberEats are fueling their company’s growth with venture capital to acquire market share at any cost. However, due to changing economic conditions, venture capital is drying up. This has forced these companies to turn to increasing profitability by raising platform costs. The problem with this strategy is that restaurants were already operating at a loss on take-away and delivery before these increases.

Every month, we publish a monthly update to our token holders and broader community. Welcome to the November 2022 edition. This month, we grew our restaurant offerings significantly, started internal testing on our smart contracts and finalized our new brand positioning. — Going into the last month of the year, we’re reflecting on 2022 and gearing up for a fruitful 2023 with an improved brand positioning. We’re making major strides, particularly in our key region Eindhoven where we see significant growth in customers, brand recognition and merchants. The Beta Portal, which is…

In Part I of our series, we wrote about the “Winner-Takes-All” strategists and how they fuel their company’s growth with venture capital to acquire market share at any cost. Will they be able to sustain their strategy now that venture capital is drying up? No, they won’t. In fact, they’ll need to turn a profit by increasing the cost of their service, which is unsustainable for restaurants. Let us explain!

Every month, we publish a monthly update to our token holders and broader community. Welcome to the October 2022 edition. This month, we open-sourced the settlement & refferal contract and worked on A/B testing for web, app & email. — October was a significant month for Bistroo as we announced multiple smart contracts open-sourcing and made progress on their official launch. Our goal is to have straightforward narratives and clear token utility for the BIST token. …

The Bistroo team is on fire! Less than two weeks after we open-sourced our Settlement Contract, here we go again with another one! Today we released the open-sourced and tested Referral Rewards Contract, putting us one step closer to the decentralization of our processes. …