Where are my food lovers? 😋

In this article, I want to introduce you to a coin that connects people to food.

Pretty mind-blowing, huh?

The name of this coin is PIE. And, yes! It has the potential to do 10x, which is an insane return of 1000% on your investment.

So, are you looking for a profitable coin to invest in this 2022?

Relax. I am going to give you all the salient details about the PIE coin, including its awesome tokenomics and how to buy it now.

Post Summary

This is what I am going to cover:

1. What Is PIE Token?
2. PIE Token Tokenomic
3. How To Buy PIE Token Now
4. PIE Is Listed On LBank: See How To Buy
5. Is The PIE Token A Good Investment?
6. FAQs
7. Conclusion

Let’s now get into the meat of this post. Shall we?

1. What Is PIE Token?

The PIE token is the native token of the Pieme platform.

Pieme is a platform that connects people to authentic home-cooked local dishes prepared by people in their homes.

It works just the same way Airbnb and Bolt connect people to rented houses and private, comfortable cars.

The only difference, however, is that Pieme wants to tokenize its platform using the PIE token.

Kainja Joshua from Uganda is the founder of the PIE token.

He studied procurement and supply-chain management at the University of Makerere, Kampala, Uganda.

PIE is built on the Binance smart chain network and it will be the overall utility token of the Pieme platform.

As you scroll down, you will see PIE’s awesome tokenomics.

Read the full review of the Pieme platform here.

2. PIE Token Tokenomics

Let’s start with the use cases.

Use Cases Of The PIE Token

1. Payment

The PIE token will be used to pay for services such as purchasing meals, booking event tickets, and covering advertising fees.

Although users can pay using fiat, paying with the pie token cuts down on costs.

2. Discount

The reason for introducing the PIE token on Pieme is to greatly reduce the overall cost of meals.

As a result, Pieme users will enjoy certain discounts for holding PIE.

PIE is also used to reduce costs by cutting out the middlemen.

Centralized platforms, for instance, will use payment gateways such as Flutterwave or banks.

And since they also charge a fee, it only increases the cost that customers and restaurants pay on transactions.

With the PIE token in the picture, payments will be sent directly to the receiver’s wallet.

3. Staking

PIE can be staked for rewards.

• Pieme will share 30% of its revenue with PIE token holders who stake their tokens.
• Additionally, Pieme charges a 10% commission on meals ordered from the platform.
• However, hosts (i.e. cooks) on Pieme that stake $100+ will only be charged a 5% commission.

5. Access to exclusive features

Pieme will offer exclusive features that can only be accessed and enjoyed by PIE token holders.

Features like crowdfunding for event concerts and online paid events to mention but a few.

6. Food donations

Pieme supports food donations, and all funding will be enabled using the PIE token.

7. Incentives

PIE holders will be incentivized through different activities like hosting meal events, making payments using the PIE token, and staking, among others.

These are all the PIE use-cases I have for now! Let’s move on to its distribution and allocation.

PIE Token Distribution

PIE has a total supply of 100 million coins.

The team intends to sell 29% of the total supply to the public. The sales will be conducted as follows:

The funds generated from these token sales will be used as follows:

• Legal work: 10%
• Exchange Listing and Market Making: 10%
• Operations: 20%
• Marketing: 55%

Meanwhile, the rest of the tokens will be allocated as follows:

Note:

Vesting – This is the process in which tokens are locked and released slowly until a given period has been reached.

Cliff – This refers to the period of time that must pass before the release of the tokens starts. It starts counting after the coin’s public sale.

Token Model

PIE is a BEP-20 token with a fixed total supply (no other PIE tokens will be minted except for the existing 100 million coins).

Furthermore, all revenue generated on Pieme will be converted into PIE tokens.

• 30% of the revenue will be deposited into the staking pool.
• 10% is redistributed to hosts (cooks) who accept PIE tokens.
• 20% of the revenue will be used to provide liquidity.
• The remaining 40% will be used to buy back and burn PIE until 60% of its total supply remains.

3. How To Buy PIE Token Now

This video explains all you need to know about PIE, its platform Pieme and how to buy its token now.

Guys, notice that I used the call to action (CTA) “Now”.

This is because there are only a few days left for the PIE token’s private sale to be sold out.

You heard that right?

Now, the PIE token is still at its pre-launch stage.

As of March 6, 2022, the team at Pieme is conducting a private sale of PIE.

This is to say that the only way to buy PIE right now is to buy it at its pre-sale, which is absolutely the best time to invest in a coin.

If you are interested in buying the PIE token now, here are a few things you need to know:

• PIE is sold for a price of $0.0955 and its target is to raise $1,480,250.
• The minimum amount to invest is $100, while the maximum investment is $300,000.
• The presale will end on March 10th, 2022 (that is to say, you have 2 days left to invest).
• You can only buy this token with USDT BEP-20.
• Investors in the presale have a 12-month vesting period. This means that all the tokens you buy now will be fully unlocked in 12 months’ time.

Is everything clear now? See how you can buy PIE now below!

1. Click on this link 👉 here to fill in a Google Form.

2. Next, deposit the amount of USDT (BEP-20) you want to invest into the wallet address displayed on the form.

Now, let’s say you want to make the deposit through Binance.

• Firstly, log into your account. In the wallet section, click on “Spot,” then “USDT.”

Note that you must have a minimum of 100 USDT plus the transaction fee in your Binance account.

If that is not so, proceed to buy USDT first, before continuing the rest of the process. This 👉 video will show you how to buy crypto on Binance.

• Secondly, click on “Withdraw” and select ” Send via Crypto Network”.

• Thirdly, fill in the withdrawal slip and click “Withdraw”.

When filling in the withdrawal slip, remember to paste the wallet address on the Google form and set the network as “BNB Smart Chain (BEP-20).

• Fourthly, click “Confirm”. Complete your transaction by entering your verification codes and clicking “Submit.”

Once your withdrawal is successful, go back to the Google form and fill it out.

3. Fill in the form properly and click “Submit”.

Note:

When filling in this option 👉 “Provide your Bep20 address to send the tokens,“ do not enter or paste your Binance USDT BEP-20 address.

This is because Binance does not support the PIE token yet. Please note that you will lose your funds if you do so.

Instead, send an address from your non-custodial wallet, like Trust Wallet.

The video above explains all the information about correctly filling out the Google Form.

PIE is now open for public sale!

It just got listed on a centralized exchange called LBank.

So, if you missed out on the presale but still want to invest, follow the instructions below to buy it on the LBank exchange.

4. PIE Is Listed On LBank: See How To Buy

LBank is a global cryptocurrency exchange based in Asia.

It was founded in 2016 by Allen Wei.

To buy PIE on LBank, follow these step-by-step instructions.

Step 1

If you don’t already have an account on LBank, create one, or “Log in” (if you are already a user).

As of May 13, 2022, PIE/USDT is the only trading pair on LBank.

Step 2

Fund your account with USDT by selecting “Wallet” and “Spot.”

Proceed to the next step if you already have USDT in your wallet.

• Enter “USDT” in the search box, then pick “Deposit” beside the USDT from the result.

• Click on “Agree” to continue.

• Select the blockchain version you wish to use to fund the wallet. Next, you proceed to send the USDT via any of these ways:
  • Click on “Copy” the address and then paste it to the wallet you want to send from.
  • Scan the QR code

Step 3

• Go to “Trade,” and select “Spot.” You will be taken to the trade room.

• Enter “PIE” into the search box, and when it displays, click on it.

Step 3

There are already open orders on the right-hand side of your screen.

You can buy/sell from those orders by clicking on any of them to fill your order.

• The prices in red are “Sell Orders” – click on them if you want to buy.
• Meanwhile, the prices in green are “Buy Orders.” Click on them if you want to sell.

Inversely, you can scroll to the bottom to place your order to buy or sell.

There are three order types for standard spot trading on LBank.

• Limit
• Market
• Stop Limit

However, the “Limit ” is recommended for beginners.

This is because it is easier to comprehend.

When you type in the appropriate information and click “Buy PIE” or “Sell PIE,” it will do so as soon as your specified price is met.

Continue to the next section.

5. Is The PIE Token A Good Investment

PIE can potentially give you a 10x return on your investment, especially if you buy the token now at its presale.

Now, note that I said this because of these three fundamentals:

• The project behind it
• Its tokenomics
• The presale target of $1,480,250 in funds

(a) The project behind it

Pieme is a project that most people will likely be enthusiastic about.

Hosts will make money through cooking, while guests can conveniently order the food they want and be rewarded for using the PIE token.

If you are already wondering how successful this business model is, consider the thousands of people who now use services like Airbnb and Bolt.

Moreover, everyone can do cooking, so it has a great chance of witnessing mass adoption.

I’m sure you’ve ordered “barbecue chicken” from someone you don’t know just by looking at their profile on a social media network like “Facebook.”

In my opinion, Pieme is a project with a market waiting for it.

These people will adopt the PIE token as a payment medium, bringing about the coin’s mass adoption.

Interestingly, Pieme is already existing in Uganda.

Its App, which you can download here for IOS and Android, has 10,000+ users and has processed over 15k transactions.

The project is also backed by a reputable crypto project, Sheesha Finance.

(b) Its tokenomics

Pieme has a fair tokenomic.

• The token’s liquidity will be locked forever to ensure no rug pull.
• The buy-back-and-burn model will ensure the coin’s price growth is sustainable.
• The long vesting period puts a check on whales who may want to dump on smaller investors.
• Additionally, Pieme wants to incentivize users who hold PIE through the revenue generated from its platform.
• Pieme has a real-world business model backing it. This indicates that it is not merely created on speculation.

This impressive tokenomics will no doubt attract big-time investors and a potential 10x.

(c) The Demand for the coin

The CEO of Pieme, Kainja Joshua, explained in this webinar that:

“If the coin gets strong demand during its public listing (which will come soon after the private sale), then the token price would have returned 10x for private investors.”

Another thing worth mentioning is that the team intends to spend 55% of its revenue on marketing.

As of 2020, the full-time restaurant business generated 1.2 trillion dollars in revenue.

Pieme intends to capture just 1% of this market.

If this becomes a reality, then the PIE coin will undoubtedly become successful.

Disclaimer:
I am not a financial advisor. Make sure you do your own research before investing.
In addition, only invest money that you can afford to lose.

Let’s get to the next section!

6. FAQs

Heads Up!

P.S.

If you want to learn how to trade cryptocurrencies profitably, we have developed a perfect course to help you master cryptocurrency trading.

Go to www.afibie.com to enroll.

You can also join our Telegram community for more information.

Conclusion

This section brings this review to an end.

I found the PIE token to be quite a promising coin.

This is obviously because of the project backing it and its tokenomics.

But, of course, never forget to do your own research.

Now, I would like to get your opinion.

What do you think about the PIE token? Will you buy this coin?

With all the promising traits of the Pieme token, do you see the PIE token joining the league of the top 10 coins in 2022?

Drop your thoughts in the comment section.

Feel free to share it with your friends by clicking those social media icons below.