Peepl is a platform that is seeking to boost adoption by rewarding users with new tokens for every food delivery order. On November 1, 2021, Steve Rotheram, Metro Mayor of the Liverpool City Region, announced a 700,000 pound ($955,957) investment. The new investment focuses on blockchain-powered food delivery service Peepl.
This software aims to act as a cost-efficient alternative to the food delivery giants for local restaurants. Peepl alleges that it can save restaurants nearly 50% on the commissions normally charged by the various food delivery platforms via its technology and partnerships.
Moreover, the Peepl platform promises to offer consumers back 5-10% on every order’s value in the form of Peepl Tokens (PPL). Nonetheless, they will be locked within the network for four to five years.
Based on its website, its developers want to fix the price of every PPL token until 2025. On top of executing these transactions, PPL token holders can also participate in the network’s governance. While supporting Peepl, Mayor Rotheram issued this statement:
“In the Liverpool City Region, we aren’t the sort to simply follow the crowd. We like to be disrupters; to chart our own course and take great pride in our local businesses and community solidarity. Peepl has the potential to radically disrupt the food delivery market by bringing together all those values and injecting a lot more fairness – for riders and restaurants alike – to an industry not known for its treatment of workers.”
The CEO and co-founder of Peepl, Leon Rossiter, commented on the development:
“Advances in blockchain technology, alongside shifting values and laws, mean new business models are possible for the internet, and the local economies we all live in.”
