MRCO Cryptocurrency White Paper

Introducing the MRCO Cryptocurrency! The first in real life crypto used as a bonus for employee meals, Employee bonus NFTs, and so much more to come. Check out our video on the features of MRCO, or read the white paper at the bottom of this page! Want to Earn MRCO? Become a Moderator in the Crypto Connection Discord.

How to Use CryptoCurrency to Pay for your Food

We are actively developing our Cryptocurrency acceptance methods. For now Please pay with crypto using this method.

1) Look over our ONLINE MENU

2) Place your order over the phone. (860) 651-4214

3) Ask the host what your total is, and let them know you will be paying in Cryptocurrency. We can text you your receipt as well.

4) Use the following Crypto Addresses to send your coins. Please remember to select the correct Wallet address for the coin you are sending.

Bitcoin: 38f8cwFZKazDhBA4Du5R3mkLw5p6mPAQza

Ethereum Blockchain: 0x7e2dd8198437dAb562B938ad203C311559fcB2F0

Binance Smart Chain Blockchain: 0x7e2dd8198437dAb562B938ad203C311559fcB2F0

The MRCO Whitepaper

Introduction to the Marco Coin

The Marco Coin is the secondary currency at Marco’s Italian Restaurant. A real restaurant with real employees who are deeply passionate about their jobs. 

Why MRCO Coin Exists

The Restaurant industry is being faced with tough times. The pains of hiring reliable staff have become more difficult than ever. MRCO Coin aims to alleviate the mentality of rewarding staff through traditional methods. MRCO is simply a bonus. An employee gets paid $18 usd per hour. For every hour that they work, they receive a negotiated extra in MRCO per hour.

40 Hours @ 18 per hour = $720usd for the employee’s standard paycheck

40 Hours @ $1 per hour = $40usd in MRCO deposited in to the employees metamask

The amount if MRCO an employee makes per hour is negotiated based on an employees experience and efforts put in to the restaurant.

This token can be used to make purchases within the restaurant for food. We even have a payment button in our POS to honor our employees' payments. 

What is the long term value of MRCO?

The MRCO Token begins with the employees at Marco’s Italian Restaurant using it as a means of exchange to purchase meals. The MRCO token also works as an additional reward token so employees can accomplish tasks and be rewarded extra in MRCO.

Example: Sell 10 Lemon Drop Martinis; Receive $15 usd in MRCO.

The token will also minimize mistakes, because if an employee make a mistake, the product cost will be removed from their next deposit (around 65% of the retail cost)

Example: An employee rings in an entree twice, that costs $20. The employee only needed one. The employee will have to pay for the cost of that item (cost+labor) in MRCO on next weeks bonus deposit to metamask. The employee can also keep the food for themself

Why will MRCO show value to the crypto community?

The MRCO Coin is already being used by employees. The simplicity of transferring funds between each other and Marco’s to pay for food is so incredibly simple. No Coin will ever be sold to employees OR replace their income/paycheck. Employees will then be shown how to swap their tokens on a DEX for other cryptocurrencies (liquidity has been created on Pancake Swap) Which means, employees can turn their hard earned MRCO in to BNB and to other cryptos.

What if the coin loses value?

MRCO Coin is recognized as the same value as $1usd at Marco’s Italian Restaurant, Which means the value of MRCO will always be at least $1usd. So even if the coin drops below that value, people who want to utilize the token will be able to swap it at a discount but still be able to redeem it for $1usd worth of food at Marco’s.

Who is creating liquidity on Pancake Swap?

When someone purchases a Gift Card, I am swapping that revenue for BNB and adding the liquidity to Pancake Swap. An ICO is being formatted and MRCO will be offered to the crypto community. When someone swaps their crypto for MRCO on our ICO, that crypto will be used to create liquidity on Pancake Swap.

What can this project offer? Its such a small restaurant.

This business model can be recreated to suit just about any retail environment. This project is being left open ended for now, however the opportunity to mint NFTs and allow employees and guests to receive rewards for holding NFTs is a breath away. MRCO can be ‘minted’ by any employee in any business as long as a similar rewards system is attached to the business model.

Cause for Docking MRCO

BOH-Made wrong item

BOH-Made too much

FOH-Rang in wrong item

FOH-made the drink or item wrong

FOH-Not including an item with an order

FOH-Ringing in too many items

HOUSE-Late

Spend MRCO for breaks?

Spend MRCO for PTO

Spend MRCO for Gasoline

Spend MRCO for uniforms

If mistake untraceable, deducted from total Dept- 

• Mistake on Uber Eats, FOH
• No one knows why there is discount-FOH
• Failure to rotate food-BOH

Howey Test and it’s relation to Marco’s Italian Restaurant/ MRCO

• 
  an investment of money
• The point of purchasing MRCO is to use the token to buy food items offered by Marco’s Italian Restaurant using Blockchain Technology
• in a common enterprise
• with an expectation of profit
• There is no expectation of profit in purchasing MRCO. MRCO is simply a secondary currency for people to make purchases using Blockchain Technology for goods and services offered by Marco’s Italian Restaurant
• to be derived solely from the efforts of others
• Employees at Marco’s Italian Restaurant receive MRCO as a reward for performing their duties at work. Their paycheck is not compromised at all because of this reward. Their hourly wage is negotiated completely separately from their MRCO rewards rate.