The Beer-Based Cryptocurrency
We are the Bavarian start-up that created the first and only beer-based cryptocurrency based on Ethereum. To mine a Beercoin you will have to download our app, drink a nice cold beer and scan the bottle cap. Beercoins can be sent to friends, donated to charity, or simply used to buy more beer. The most charming part about the Beercoin is that you have beer-based money. While this being an interesting idea in it self, the beer market in the western part of the world is currently decreasing in volume, while new breweries are popping up every day. We want to offer a modern solution to fight for the dwindling market share. Our token was checked by the German financial authority Bafin and the token itself and the ICO is compliant with German law.
Our goal is quite straight forward: We want to create the beer-based cryptocurrency. The beer market is a billion-dollar industry which has not seen many innovations in recent years and is currently decreasing in volume in many parts of the world. While the consumer base is shrinking a lot of new competition, in form of craft beer breweries, is trying to find a solid foothold in the market.
With our project we want to offer breweries a way to fight for their market share with the pinnacle of modern technology. Participating breweries can offer their consumers a beer, which not only tastes great, but enables the consumer to mine a cryptocurrency with it.
To help our Beercoin cryptocurrency taking off, we provide an interface to not only donate, but also use Beercoins to buy more beer. Besides breweries, bars and stores can participate in our project as well and consumers can therefore mine and spend Beercoins at their local favorite places. The following flowchart gives you a rough overview about what we want to achieve, and the details are described in-depth in the following chapters.