GoMeat, a digital marketplace connecting consumers with specialty Halal and kosher stores, has announced its GoMeat Token and made its debut on Hydra DEX after a successful ICO run in June, where it sold out two weeks early.
The company developed its first specialty meat marketplace prototype in late 2018, and in 2019 officially launched in New Jersey with a single store.
GoMeat aims to provide dedicated delivery and digitalization services for specialty food stores without charging a setup cost, thus enabling stores to digitalize in order to increase their revenues and provide the convenience of online ordering and home delivery to its consumers.
"As specialty consumers who travel frequently, GoMeat founders are no strangers to the hassle of finding verified specialty meat and the chaotic in-store process that it entails," said Waqas Siddiqi, co-founder and CEO of GoMeat, in a statement. "This new generation of specialty consumers demands convenience and authenticity, and GoMeat plans on providing that.”
Its in-app blockchain-based specialty certifications for meat are a solution for a visible and traceable supply chain. Customers can trace their food from farm to table and make educated choices about what they buy.
GoMeat is a deflationary token built upon Hydra Chain, with a limited supply of only 5 million and 1.75 million GOMT offered during the ICO. Each tier sold out early so the ICO was concluded two weeks earlier than expected. The final tier closed with GOMT priced at $1.15.
The GOMT utility token offers users the opportunity to place meat, grocery, and food orders on the GoMeat platform, get free delivery and discounts, and receive one percent cash back on all orders.
Funds raised from this ICO will solely be spent on the expansion and marketing of the services business. For the year 2022, GoMeat aims to hit the 2,500 store mark with more than 30,000 customers.
After the successful listing on Hydra DEX, GoMeat has its sights set on BitMart CEX listing in the first half of 2022. Additionally, the team is prepared to kickstart marketing and promotions to introduce GoMeat token and services to a wider audience.
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