Web3 restaurant app Blackbird launches new payment platform Blackbird Pay

TechFlow News: On July 30th, according to The Block, the Web3 restaurant application Blackbird launched a new payment platform called Blackbird Pay. The platform is a network that provides payment and bill settlement services for restaurants, based on the newly developed blockchain Blackbird Flynet by Blackbird. Restaurants using this platform are required to pay a 2% transaction fee for each transaction, and customers can use Blackbird's reward points FLY to pay for their meals. Ben Leventhal, the founder and CEO of Blackbird, stated that despite significant advancements in restaurant technology over the past decade, payment systems remain expensive, cumbersome, and technologically opaque. The launch of Blackbird Pay aims to change this situation and looks forward to collaborating with the food and beverage industry to pave new paths. In a previous announcement, Blackbird completed a $24 million Series A financing round in October 2023, led by Andreessen Horowitz, with participation from QED, Union Square Ventures, and other institutions.