A platform's letting regular people bid for restaurant reservations—paying what they think it's worth—and the industry's losing it. Classic turf war. The old guard hates it because it exposes something uncomfortable: their reservation systems were never about fairness or scarcity. They were about artificial control. Once price discovery kicks in, everything changes. Diners get transparency. Seats flow to whoever values them most. The restaurants? They're suddenly visible what tables are actually worth. Whether this survives industry pushback is another story, but the real question is—why did it take this long for markets to work like markets.
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GasFeeWhisperer
· 7h ago
Haha, finally someone has exposed this loophole. The old-school dining industry relies on information asymmetry to make a profit.
Why are the restaurants panicking? Isn't it just a matter of the real prices surfacing?
Bringing the Web3 price discovery mechanism into real-world scenarios, this actually feels pretty good.
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GhostChainLoyalist
· 7h ago
Someone finally broke through this barrier, and the manual pricing system in the catering industry needs to be changed.
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MemeKingNFT
· 8h ago
Once the price discovery mechanism is activated, the market's true nature is revealed. Isn't this the on-chain data transparency version of the dining industry... I've been bearish on the opaque nature of the dining industry for a long time, and finally someone is taking action.
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GasFeeDodger
· 8h ago
Wow, this is what the market should look like. The old catering groups are panicking.
A platform's letting regular people bid for restaurant reservations—paying what they think it's worth—and the industry's losing it. Classic turf war. The old guard hates it because it exposes something uncomfortable: their reservation systems were never about fairness or scarcity. They were about artificial control. Once price discovery kicks in, everything changes. Diners get transparency. Seats flow to whoever values them most. The restaurants? They're suddenly visible what tables are actually worth. Whether this survives industry pushback is another story, but the real question is—why did it take this long for markets to work like markets.