🔵 The Web3 dining platform Blackbird has officially launched its Flynet mainnet based on the Base chain.

DeThings, February 28 - According to CoinDesk, the dining loyalty platform Blackbird has announced that its Flynet mainnet is officially online, bringing restaurant payments and membership rewards systems onto the blockchain. Flynet is a Layer-3 blockchain based on Coinbase's Base chain, aimed at reducing transaction costs, eliminating intermediaries, and providing innovative dining reward models.

Blackbird previously launched a payment platform that allows users to pay for meals using the $FLY token, which can be earned through dining at restaurants or purchased with USDC. After the launch of Flynet, $FLY will still be used for payments, but restaurants can also use the token to pay platform fees. Additionally, Blackbird has introduced a new token, $F2, for network gas fees, and plans to airdrop 13% of the total supply to early users and restaurants.

Blackbird has raised $85 million in funding, with investors including a16z, Coinbase, Spark Capital, and American Express. Currently, the platform has launched in New York, San Francisco, and Charleston, collaborating with around 500 restaurants to promote the blockchain development of the dining industry.