THE BRIDGE: Dine & Earn Crypto Restaurant App “SynchroLife” forms Capital and Business Alliance with Orient Corporation

SynchroCoin
Jul 20, 2019 · 3 min read
Image for post
Image for post
THE BRIDGE — July 17, 2019 — https://thebridge.jp/2019/07/ginkan-orico-funding-partnership

SynchroLife’s managing company in Japan, GINKAN Inc, announced this week that is has formed a capital and business alliance with leading Japanese credit service company Orient Corporation — and this news has made quite a splash in Japan! We’ve been covered by Tech Crunch Japan, Business Insider Japan, The Nikkei, Cointelegraph Japan, and more.

THE BRIDGE also shared a nice article summarizing SynchroLife’s service and this latest news, keep reading for an English translation!

You can also check out the original Japanese article here: https://thebridge.jp/2019/07/ginkan-orico-funding-partnership

THE BRIDGE — July 17, 2019

Dine & Earn Crypto Restaurant App “SynchroLife” forms Capital and Business Alliance with Orient Corporation

GINKAN Inc, the managing company of the token economy based social restaurant review service SynchroLife, announced on July 17th that they raised funds with major credit company Orient Corporation (“Orico”, TSE: 8585). This raise comes after an angel round of 30 million yen in September 2017 and an 80 million seed round in August 2018. The details of the raise this time have not yet been made public.

GINKAN has also announced the formation of a business partnership with Orient Corporation. Orient Corporation has over 10 million credit card users and over 800,000 businesses as clients, and Orient Corporation and GINKAN plan to collaborate and offer new promotional services, customer services, fintech projects, and more.

In the past few years, SynchroLife has been committed to building a community of unbiased restaurant reviews and recommendations with the help of blockchain technology and their original cryptocurrency “SynchroCoin”. SynchroLife has over 190,000 reviews at 100,000 different restaurants in its service.

SynchroLife began rewarding users who posted high quality and trustworthy reviews with SynchroCoin in August 2018, and as of July 1, 2019 they now also offer 1%~5% (even up to 20% during special campaigns) SynchroCoin cashback to users for dining at participating restaurants. Participating restaurants can expect to see an influx of customers with this new service.

SynchroLife participated in Plug and Play Japan’s accelerator program Batch 1 and won the EXPO Winner award and best fintech category startup at the Batch 1 Demo Day.

SynchroLife

SynchroLife is the app loved by eaters — the world's first…

SynchroCoin

Written by

SynchroLife is the app loved by eaters — the world's first social restaurant review platform with crypto rewards and a token economy! Join today!

SynchroLife

SynchroLife is the app loved by eaters — the world's first social restaurant review platform with crypto rewards, connecting users and restaurants to build a new token economy. Join us! https://synchrolife.org

SynchroCoin

Written by

SynchroLife is the app loved by eaters — the world's first social restaurant review platform with crypto rewards and a token economy! Join today!

SynchroLife

SynchroLife is the app loved by eaters — the world's first social restaurant review platform with crypto rewards, connecting users and restaurants to build a new token economy. Join us! https://synchrolife.org

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store