Abstract

Food Token (FOOD) is a “stableish coin” designed to make cryptocurrency practical and appetizing. Backed by a dynamic asset basket—starting with 75% restaurant gift cards, plus stablecoins, T-Bills, cash, loans, and restaurant bonds—FOOD ensures stability with a twist. Native to 17 blockchain networks, it offers an 11.1% minimum savings on every gift card redemption, blending crypto utility with dining value.

Introduction & Background

Tired of hearing “you can’t buy coffee with crypto,” the Food Token team created a solution. Volatility and outdated payment systems have stalled real-world crypto use. FOOD changes that, launching in 2025 as a stableish coin backed by transparent reserves, starting with restaurant gift cards. Buy 1 FOOD for 90 cents, redeem it for $1 of dining credit—a simple, spendable crypto for food lovers. With the $100 billion gift card market ripe for disruption, FOOD merges blockchain efficiency with everyday appeal.

Technology & Tokenomics

FOOD operates on 17 blockchains (e.g., Solana, Polygon, Stellar), enabling fast, low-cost transactions globally. Its asset basket targets 111% backing for stability: 75% discounted restaurant gift cards (publicly verified) and 25% mixed assets like stablecoins and T-Bills. The supply adjusts dynamically—tokens are burned upon redemption. Users buy FOOD at 90 cents via FoodToken.com, redeeming it for $1 gift cards, locking in savings. A “Steaking Rewards” system offers gift cards for staking, while a transparency portal provides near real-time reserve updates.

Roadmap & Vision

The rollout begins Q3 2025 with a pilot across 10 restaurant partners on two testnets, followed by a Q1 2026 launch on all 17 networks with 25 restaurant deals. FOOD aims to make crypto a daily staple, starting in Sacramento and expanding. Its 111% backing builds trust, and the 11% savings incentivizes use, driving a tastier blockchain economy where crypto powers meals, not just portfolios.

Conclusion

Food Token redefines crypto utility—buy for 90 cents, spend for a dollar, and enjoy. It’s a transparent, practical coin that feeds both wallets and appetites, paving the way for a future where digital currency is as common as dinner.