How Blackbird Brings Dining Experiences On-Chain

Blackbird is a product. It's founded by Ben Leventhal, who's the creator of Eater and resi probably two of the most successful restaurant businesses out of the United States over the last decade or a couple of decades. And what it lets you do is it lets you go into any of the restaurants that support back Blackbird, you tap to check in and you're gonna get an upgraded experience. And then on the flip side for restaurants enable you to pay with stable coins with us DC. So you can actually have a fast payment experience and then restaurants can save the 2.5 to 3% that they're currently paying right now to credit card processors. And when you look at a restaurant today, about 50% of their overall profit is going to credit card processing fees. They make somewhere between 5 to 6% of gross margin and then 3% is going to credit card fees. And so technology like this is upgrading the system and it's putting more money back into the hands of small businesses like restaurants while giving a better experience to consumers.