HOW TO THINK ABOUT BLACKBIRD

Summary from the TLDR Crypto newsletter

Blackbird is a loyalty and payments platform for restaurants that aims to make hospitality and being a “regular” a scalable experience. It uses crypto features to enhance the user experience, like to give network ownership to restaurants and reward users with $FLY tokens. Blackbird drives greater loyalty and magical dining experiences. The interconnected nature of the loyalty program means a diner can use their $FLY rewards at any restaurant, making the token restaurant social capital. Blackbird's 2% fee is below industry average. Its ability to improve customer lifetime value helps make restaurants more profitable.