“Sow integrity and reap victory”
Throwing extra food away might just take a few minutes. But it has a huge impact on the environment which many of us are not aware of. The wasted food that is dumped in the garbage ends up in the landfill. While degradation, it produces methane gas which is 21% more potent than CO2.
Stats About Food Waste
It is estimated that an economic loss of about 940 billion dollars per year occurs due to food waste. By reducing or controlling it together, we can save money for farmers and households.
According to a report, in 2019, around 17 percent of all the food available at the consumer levels was wasted. On the other hand, nearly 690 million people had to starve.
On a worldwide per capita level, 121 kgs of food at the consumer level is wasted each year, with 74 kgs from household wastes. Food joints, restaurants, and retail outlets waste around 500 grams of food while preparing or leftover or due to spoilage.
What Does Olio Do?
Olio is a mobile application mainly built to reduce food waste and promote food-sharing in the community. It acts as a platform for connecting people with surplus food to the people who are in need of food. All forms are edible foods; may they be sealed or open, they can be shared through the app.
Any individual or a food company such as restaurants, canteens, food retailers, etc., can donate food to the needful person. The donors can post their advertisements and immediately get connected with the recipients.
Recent Update:
Olio has recently introduced a new feature known as karma points. Whenever a user does something on OLIO that has a positive impact on the environment as well as the community, the user gains karma points. The user who receives more karma points steps a level ahead.
How To Create A Food-Sharing App Like Olio?
Know Your Target Niche:
Before initiating any business, analyze the market and gain a clear understanding of the requirements of the target audience. This can help you to determine what features to add to your app.
Know Your Competitors:
It is important to know who you are competing against. Therefore do a complete competitor analysis to know the strengths and weaknesses of your competitors. This will help you to eliminate the drawbacks faced by your competitors.
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