Payfrit RMS

A revolutionary way to order food and request service at restaurant

Payfrit RMS allows participating restaurants to save at least 30% on labor, increase revenue by at least 20%, all while providing much more efficient and accurate service to their customers.

Ended

2018/01/15 - 2018/02/08
ICO
Payfrit RMS
Token
PYT
Price
1 PYT = 0.000828 ETH
Platform
Ethereum
Accepting
ETH
Bounties
Available
Bonus
Available
Hard cap
10,000,000 USD
Country
United States

Payfrit RMS translates perfectly into any food, beverage, or hospitality environment.  We offer exciting new capabilities to a wide variety of industries:  hotels, casinos, night clubs, theaters, arenas, sporting events, even food trucks and street vendors can benefit from Payfrit RMS.  As an underlying engine to this system, Payfrit also has a proprietary closed-loop payment network that facilitates many different transaction types across all use case scenarios.

With the recent advent of initial coin offerings, We are launching a new multi-purpose token that will be an important cornerstone for not only our platform but also our fundraising plans.  Tokens can be used for everyday transactions with restaurants that use Payfrit RMS, such as dining at a table service restaurant, paying for delivery to your home or office, or even tipping your server or delivery driver.  After being accepted for payment these businesses can in turn use tokens to pay their vendors that use Payfrit RMS, including their monthly service fees paid directly to Payfrit.

Team Members

Jack Daghlian
Multimedia production

Dario Bravo
Blockchain Adviser

Grant Fondo
Partner
BA
 

Mike Whalen
Partner
BA
 

Raza Noorani
CTO
BsC
 

Aadil Keshwani
Lead Developer
MCA
 

Dharmesh Pandya
Android Developer

 

Mohit Dahiya
Developer
BsT
 

Gaurav​ ​Gudaliya
Developer

 

Azharhussain A Shaikh
Developer
MCA
 

Mitesh Patel
iOS Developer

 

Sadik Jamani
Developer

 

Ravi Khunt
.NET Specialist
MCA
 

Aliabbas Karim
Business Analyst

 

Marv Kleinberg
Senior Partner
LLB
 

David Weiss
Partner/IP Law
JD
 

John Mizerek
Founder
BsC
 

Jack Daghlian
Multimedia production

Dario Bravo
Blockchain Adviser

Grant Fondo
Partner
BA
 

Mike Whalen
Partner
BA
 

Raza Noorani
CTO
BsC
 

Aadil Keshwani
Lead Developer
MCA
 

Dharmesh Pandya
Android Developer

 

Mohit Dahiya
Developer
BsT
 

Gaurav​ ​Gudaliya
Developer

 

Azharhussain A Shaikh
Developer
MCA
 

Mitesh Patel
iOS Developer

 

Sadik Jamani
Developer

 

Ravi Khunt
.NET Specialist
MCA
 

Aliabbas Karim
Business Analyst

 

Marv Kleinberg
Senior Partner
LLB
 

David Weiss
Partner/IP Law
JD
 

John Mizerek
Founder
BsC
 

Advisors

February 2, 2014

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

February 2, 2014
May 10, 2015

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

May 10, 2015
June 21, 2016

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

June 21, 2016
Feb 2018
-ability to convert PYT -> USD in app on demand instantly
-ability to verify KYC in app, accredited investor status within one business day.
Feb 2018
Mar 2018
-ability to convert PYT -> USD at website,immediately spendable on Android app;
-Token sale (likely) starts
-Token sale (likely) finalized
Mar 2018
Aug 2018
12 businesses using Payfrit locally in Los Angeles/Orange County, 6 businesses providing mail order fulfillment. Annual revenue $300k. PYT value cap estimated at $60 million, token value ~$3.00.
Aug 2018
Oct 2018
hardware ATMs released in beta. Screenless, bluetooth, dispense and accept USD and multiple currencies.
Oct 2018
March 2019
400 businesses using Payfrit across the country. Annual revenue $10 million. PYT value cap estimated at $2 billion, token value ~$95.00
March 2019