What is DatEat?
In a booming industry, with the market value of 5 billions US dollars, projected to grow to approximately 7 billions by 2020, Dating is one of the most extensive and still-growing online industries, but user experience remains poor due to two main deficiencies in currently available platforms.
The first deficiency lies in the current game theoretic tactics, the rules to which users must adhere in order to achieve dating success: bad incentives have left the dating game with a severe attention imbalance and have resulted in issues such as poor messaging behavior, fake accounts, and misuse of personal data. The second deficiency lies in poor user-matching algorithms, which result in low levels of success in finding and connecting with a potential partner.
Understand these issues, DatEat came up with an unique concept of combining the best of Dating and other entertaining industries to create a blockchain powered platform that help people to find their perfect dates through great places with great appetties. Our tokens verifications help validate user credentials, to help solve the often first awkward moments of meet up, to help dates find the best places on an affordable prices.
DatEat employs a queueing system built upon distributed ledger technology and includes novel features to maximize user trust. This document sets out in detail both the current issues faced by online dating platforms and DatEat’s solution, which includes its innovative system of incentives, its use of machine learning algorithms, and its use of blockchain to deliver a high level of user satisfaction.