Terra Bite Lounge, a coffee shop that sells coffee drinks, pastries, and sandwiches based entirely on the honor system.
Yep, there are no prices for anything Terra Bite Lounge serves customers. The expectation is that customers will voluntarily pay whatever amount they feel comfortable paying.
So far they serve about 80 customers a day with each paying, on average, $3.00.
it’ll be super-interesting to know how this honesty system plays in the future.