Summary of Franki's app rewards you for posting video reviews of local restaurants | TechCrunch

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    Franki: A Social Media App Revolutionizing Restaurant Reviews

    Franki is a social discovery and video-based review app that is shaking up the way people find and experience local restaurants. It positions itself as the "TikTok for restaurant reviews" and is designed to move away from traditional five-star reviews that are often unreliable.

    • Franki's social media approach allows users to interact with a community of foodies, discover local dining spots, and create their own videos showcasing their favorite restaurants.
    • The app aims to combat the growing distrust in online reviews by providing a more authentic platform for restaurant recommendations.

    Franki's Social Club: Rewarding Creators and Driving Engagement

    Franki has introduced a new "Social Club" rewards program that incentivizes users to engage with the platform and promote local businesses.

    • Creators who post about their favorite restaurants can earn cash back when they order food using a linked card.
    • This rewards program encourages users to sign up, participate in the community, and ultimately contribute to the growth of the app.
    • Franki's innovative cash-back system allows creators to earn an additional 1% on top of the 5% cash back they receive on purchases made at participating restaurants.
    • The program also offers recommendation bonuses for all purchases made through a creator's content, further incentivizing creators to share their dining experiences.

    Adventures and Gigs: Adding Gamification to the Social Media Experience

    Franki incorporates gamified elements, such as "Adventures" and "Gigs," to encourage user engagement and exploration.

    • Adventures are similar to scavenger hunts but for finding nearby restaurants, motivating users to discover new dining options in their area.
    • Gigs offer cash prizes to users who submit enticing video reviews, such as 10-second walk-through videos of them buying a "frosty delight."

    Leveraging Social Media for Restaurant Discovery

    Franki's social media strategy leverages the power of short-form video reviews to provide a more engaging and authentic restaurant discovery experience.

    • Users are drawn to the platform because of its focus on video content, which offers a more immersive and relatable way to explore restaurants compared to traditional text-based reviews.
    • The app's social features allow users to connect with other foodies, share recommendations, and participate in a vibrant online community.

    Building a Robust Food Review App with Cash Back Rewards

    Franki's commitment to rewarding creators and providing users with valuable incentives has helped to build a strong foundation for a successful food review app.

    • The app's cash back rewards program has been a major driver of user engagement and loyalty.
    • The ability to earn cash back on purchases made at local restaurants encourages users to explore new dining options and support businesses in their community.

    Franki's Growth Trajectory and Future Plans

    Franki is rapidly expanding its reach and aims to become a leading social media platform for restaurant discovery and beyond.

    • The app is currently available in 30 U.S. cities and plans to expand to more locations in the fall of 2024 and into 2025.
    • Franki is also targeting international markets for expansion in the next two years.
    • The company has ambitious growth plans and aims to become an all-in-one discovery app, expanding to travel destinations, hotels, and other experiences.
    • Franki is currently in the process of closing its seed funding round, which will further support its growth initiatives.

    Franki: A Contender in the Restaurant Discovery App Market

    Franki is a rising star in the restaurant discovery app market, leveraging the power of social media and video content to create a unique and engaging experience for users.

    • The app's innovative cash back rewards program, gamified features, and focus on authentic video reviews have positioned it as a strong contender in the competitive food app landscape.
    • Franki's commitment to expanding its reach and becoming an all-in-one discovery app positions it for continued growth and success in the future.

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