Although your project looks very nice and legit the ICO part is not very attractive to me as an investor.
How come you don’t have a soft cap? If I buy some tokens now or whenever what will happen if you don’t raise the $100 million on the last stage? Is there any protection for the investor?
That’s something that bothers a lot of people, but the key is in that graphic you see on our website and here in the ANN post.
Due to the structure we can’t have a soft cap, because we use the money raised right away and move to the next stage only when results are shown.
In the past projects would set 20 million soft cap and 100 million hard cap (just an example) They will raise 18 million and if there are no more investors they will use the money already raised to simulate another 2 million of token sales, just to “reach the soft cap” and not return any money.
Then they reinvest again in marketing only, create hype in every possible way just to sell as much as possible. And then, those teams who have an actual product start to develop.
We use the money raised on each stage mainly for development and marketing, show results and move forward. After Pre-Sale 3 World Winners Network will go live and the WinTo token will start to circulate in the ecosystem.
From that point we will start focusing on marketing the working platform first in Europe (Crowdsale 1) and then all around the world (Crowdsale 2).
With the right marketing budget and functional product there is a lot easier to raise 100 million, specially when we are talking about a social project focusing on charity.
It’s important to note that as soon as the platform goes live (after Pre-Sale 3) and WinTo token is being utilized it will actually have a real value.
The more countries we enter, the more users we will have, and the more activities will happen in the ecosystem. Of course, due to the limited supply, this will increase the demand and lead to price appreciation.
In the unlikely event where we can’t raise more than the 5 million (Target for Pre-Sale 3) we will go on Plan B. Selling licenses in each country in exchange for 25% of the profit. We have already received few similar offers, but as I said this is Plan B.
Either way, World Winners Network will expand, the WinTo token will be used and naturally its value will increase.