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Streameats

Stream the meals you order to help prevent Covid19

Nigeria
Market: Public catering, Food industry, Services, Crypto currency, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 01.11.2020
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Idea

Streameats is a mobile application based software that provides live video streaming service for every meal ordered fr om a restaurant. We call this "food security" which will aid restaurants to stay afloat amid the pandemic by providing a means wh ere customers can have an assurance of safety of meals in real time by monitoring the kitchen environment & healthy ethics restaurants practice while getting their orders ready. We seek help restaurants connect various food delivery platform like Ubereats and seamless on our application while providing food security for incoming orders.

Current Status

We are in the process of completing the building of the prototype, our team is hardworking in order to deliver a bug free application to meet users needs. We currently secured local hotels and restaurants in need for our product and will be used in beta testing.

Market

Customer: Small and medium sized restaurant

Location: Global market

Customer base (United States demography): 198.6+ million food delivery customers

OTT users (United States demography): 181+ million OTT users

Food delivery industry has a market value of $200 billion

The video streaming industry has a market value of $50.1 billion

On an average value the food security industry which we will be leading has an average valuation of $100 billionb

Problem or Opportunity

Our major clients are small and medium restaurant businesses which struggle to stay afloat due to uncertainty of the edibility of the meals they make. Some of the problems the face include:

Fear of Covid19:
Due to the global pandemic we have seen a major decline in restaurant businesses because there is no guarantee of the healthy ethics restaurant practice while getting a customer's order ready. So we believe if we can provide a sense of safety of meals being ordered rather than being dependent on user ratings that are most time false by through live streaming we can help provide more incoming orders and boost Revenue.

Food poisoning:
United States of America has the best food supply in the world, but annually they record over 3 million cases of food poisoning, 128,000 hospitalisation, and 3000 death. Food security or live streaming your orders can curb this by a large percentage.v

Solution (product or service)

We provide food security through our mobile application and elastic head gears for restaurant staffs for streaming productivity.

Competitors

There are no competitors in this industry since it is new. But we are keen on seeing competitive alternatives like Amazon eats, or YouTube eats.

Advantages or differentiators

Live streaming for food delivery to boost Revenue and customers confidence, while providing food security to curb covid19 and food poisoning.

Rapidly grow our customers and user base by providing facilities to help redirect order streams to a restaurant third party social streaming account like twitch, Facebook live, youko live.

Hardworking team laser focused on providing best user experience and scalability for restaurant businesses

Finance

1: Commission: For every order from third party food delivery platform like Ubereats, seamless,deliveroo etc. We have a 1% commission of 0.5% from the restaurant order cost and delivery platform commission.

2: Advertisement on the mobile application platform

3: Streaming traffic

And because we are keen on helping restaurants stay afloat we will provide them crypto currency value based on streaming time to encourage restaurants to provide food security for customers.

Business model

https://docs.google.com/document/d/1ak3L4k3pryb8FcU9uMkZRxKLoRyreRaXKIPoOXoYNfk/edit?usp=drivesdk

Money will be spent on

Investments of the first stage will be used as follows:
100,000 USD - design and engineering of the project
500,000 USD - Employees payments
15 000 USD - legal registration
175 000 USD - purchase and installation of working equipment
5,000,000 USD - running capital before the first incomes
2,000,000USD- Marketing in North America as demography of test
80,000USD- Miscellaneous expenditures

Offer for investor

Depending on the funding and resources the investor brings will reflect upon the equity we offer.

Mentors & Advisors

Risks

If it's possible to eliminate all forms of food poisoning causing bacterias, or an alternative independent solution to assure customers of the healthy ethics restaurant practice while getting an order done.

Incubation/Acceleration programs accomplishment

We have never participated in an Incubation or accelerator program.

Won the competition and other awards

We are a new startup yet to prove our solution on a competitive basis

Photos

Photo 1 - Stream the meals you order to help prevent Covid19
Photo 2 - Stream the meals you order to help prevent Covid19
Photo 3 - Stream the meals you order to help prevent Covid19
Photo 4 - Stream the meals you order to help prevent Covid19
Photo 5 - Stream the meals you order to help prevent Covid19

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video