Dineroone prides itself on being the first system of its kind in the world, allowing for all-in-one payment everywhere. It is a multipurpose solution that serves multiple functions, letting customers pay using cryptocurrency, exchange cryptocurrencies, and more in shops, coffee shops, restaurants, and other businesses.
What Problems Does Dineroone Aim to Resolve?
With Dineroone , the team behind the system aims to resolve numerous issues that currently affect both merchants and customers. From the merchant perspective, they feel that there is no reason to waste so much time counting out cash drawers multiple times a day or even just a handful of times a day. Unfortunately, this is still necessary to prevent regulatory fines and stay on top of the business’s finances. Additionally, most businesses cannot accept payment in the form of cryptocurrencies, limiting the customers that they can attract.
Finally, merchants that take payments (so essentially every company) need to have numerous pieces of hardware, such as the monitor, register, POS system, PC, and more. These can also be very outdated, making it challenging for everything to work together.
From the customer standpoint, it can be a big hassle to not be able to pay using cryptocurrency, particularly since the world is increasingly digital yet businesses still do not have the necessary systems in place. Even with a growing number of people owning cryptocurrency, there remain very few places where you can exchange it for cash and vice versa. Finally, there are still numerous stores that cannot take credit cards, forcing customers to run to an ATM and waste time.
What Key Functions Does Dineroone Serve?
Business owners will appreciate the ability of Dineroone to count cash automatically, reporting that information in real-time. This lets you save time that you would have had to spend counting out the cash drawer multiple times during the day. As the store owner, you can view this balance in your cash drawer via a mobile app no matter where you are.
Dineroone also works as an ATM, by letting customers exchange their cryptocurrency for cash. It is just like having an ATM for your bank, but it uses cryptocurrency instead, adding convenience for users while drawing more potential clients to a store, improving business for the shop.
Most importantly, Dineroone is an all-in-one solution. It is just a single system that acts as a POS device, invoicing system, cash register, and PC. You get the PC as well as its display, plus the POS terminal that takes cards and cryptocurrencies. As a point-of-sale system, Dineroone can accept payments in the form of credit cards, cryptocurrencies, and cash.
What Does the Global Market for Dineroone Look Like?
The team behind Dineroone ran some calculations to come up with an estimate of the global market for Dineroone. Based on the calculations, which team members outline in the whitepaper, they estimate that the global market value for standard cash registers sits around 4.5 million Euro and has a renewal period of several years. Because Dineroone serves multiple functions, it offers a better value and will cost about 10 to 15 times more. Because of this, they estimate the minimum global market value for the solution is about 45 billion Euros. Even if the calculations are off by a small amount, the potential for Dineroone remains large, assuming the company can convince businesses of its advantages, of which there are plenty. Because there is currently no competition, the platform is set to revolutionize the market and make a profit.
How Will Dineroone Make Money?
There are several key components of Dineroone’s revenue model. The core revenue will be from the profit made directly from selling Dineroone systems. Additional revenue will come from monthly fees for subscriptions to software solutions, including billing software and tracking transactions via the remote application. The final section of revenue will come from a percentage of all cryptocurrency and card transactions that are authorized via their payment gateway, both offline and online.
Dineroone will put 50 percent of their funds toward the production line, with a further 25 percent going to research and development. The rest will be divided, with 15 percent going to marketing and 10 to operating costs.
What Is the Dinero Token?
The Dinero token is available via the company’s crowdsale, and those who invest during the sale will become shareholders. As a shareholder, these investors get a percentage of the profit each year from transaction fees for both cards and cryptocurrencies. Together, the investors get 30 percent of ownership in the company. This means that as an investor, you can get a dividend from transactions as well as profit generated via Dineroone sales.
When Is the Crowdsale?
The crowdsale for DIN is about to begin. The presale will last from March 1 to March 7, with the token crowdsale beginning on April 1. For the first week, 1 DIN will be sold for 0.153 EUR, with the price increasing slightly each week of the sale to motivate early investors. Week two will see a rate of 1 DIN for 0.166 EUR, with 0.173 EUR in week three, 0.181 EUR in week four, 0.190 EUR in week five, and 0.2 EUR in week six. The Crowdsale will end on May 12.
The token symbol is DNRO, and it is an ERC-20 token. There is a total of 350 million tokens generated, and any leftovers following the crowdsale and allocation will be burnt. Investments can come in the form of ETH or BTC, with a minimum investment of 0.01 BTC or 0.1 ETH. The hard cap is set at 2 million euros, with the soft cap at 18 million. The total optimal cap is 45 million, with a total hard cap of 45 million. Prior to the sale, Dineroone already raised 1 million euros via local investors.
Dineroone provides a one-of-a-kind solution that is not currently available in any other way, giving it the chance to innovate the market and provide customers and merchants alike with services they are lacking. Merchants will benefit from an all-in-one system, expand their customer base by accepting crypto payments, and stop having to worry about counting their cash drawers. Customers will be able to pay in cryptocurrency and have access to a crypto exchange for cash, adding convenience to their lives. Dineroone offers a solution that benefits everyone involved.