As of the most recent update, the price of OLIVE (OLV) is currently $ 0.00380567, reflecting a -0.69% change over the past 24 hours.
OLIVE, also known as OLV, is the inaugural blockchain-based project for Genesis BBQ, one of the foremost Food & Beverage (F&B) franchise companies in South Korea and East Asia. Genesis BBQ's reputation is particularly strong in the Korean fried chicken market. The OLIVE project brings a novel approach to the intersection of blockchain technology and the food industry, with an emphasis on developing a Metaverse platform.
The OLIVE platform, powered by the OLIVE token, lets platform participants generate and share content on a whimsical scale through 3D avatars and a variety of Playground services. This ingenuity is underscored by the platform's E2E (Eat-To-Earn) model that incentivizes platform users to order food from partner brands on the platform, earning them OLIVE tokens as rewards.
OLIVE is the brainchild of Genesis BBQ, a prominent F&B franchise enterprise in South Korea and East Asia. They boast over 4,000 stores worldwide, managed locally through the BBQ app.
OLIVE operates within the Genesis BBQ's ecosystem, credits earned in form of OLIVE points within BBq's App can be converted into real money to purchase food, other products, or avail of services on the Olive platform.
The OLIVE token fundamentally serves as a reward for ordering food from the ecosystem's partner brands. A person who places an order can earn OLIVE tokens, which can be utilized on the Olive platform. Therefore, fostering an E2E or Eat-to-Earn concept.
As of the most recent update, OLIVE (OLV) ranks #1 in terms of market cap, which is estimated at $ . Meanwhile, the circulating supply of OLV is around , out of a total supply of 1000.0M.
OLIVE (OLV) can be bought on multiple exchanges; however, for the most timely and accurate information, it is advisable to refer to the list of exchanges on our platform. In addition, it is essential to note the importance of safe and secure transactions while trading cryptocurrencies.
While the Olive platform and tokens offer an exciting possibility, it's critical to remember to use utmost caution when dealing with cryptocurrencies like OLIVE (OLV). It is recommended to keep cryptocurrency tokens in a safe, secure, and private digital wallet. Always beware of scams and fraudulent activities common in the crypto world.
The trading volume of OLIVE (OLV) within the last 24 hours was reported to be 15.5K, indicating a reasonable level of activity.
Yes, the E2E (Eat-to-Earn) concept that underpins the Olive platform enables users to earn OLIVE tokens as rewards by ordering foods from their partner food brands on the platform. By creating this unique reward system, the platform has incentivized participation within its community, taking the F&B industry's integration with the blockchain to new heights.
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