the advantage of being a regular member in this winto project is that we can charity and support charity activities with cashback. cashback obtained from purchasing winto tokens, how much cashback will it be donated to?
Hi, that's not exactly how it works. Of course, I'm happy to clarify.
1. WinTo (Win Together) is the name of the token and ICO campaign. The name of our project we are raising funds for is World Winners Network - this is where all the shopping with discounts will be happening and money for charity will be generated. All this money/cashback will be donated to causes created by our members and you get to decide where exactly.
2. Money for charity ARE NOT coming from buying WinTo tokens, but from shopping with our Trading Partners (Big chains, online shops, small and medium businesses). There are many existing shopping communities/loyalty programs and our business model works similar to theirs.
Difference is as a member of World Winners Network when you shop you get an immediate discount on the spot and receive additional cashback to your account designed for charity. Then you get to pick and existing cause or create your own and send those donation money towards it.
3. The percentage designed for charity is 37.5% out of the cashback. Here is an example:
You buy a pair of shoes worth $100 from a trading partner of World Winners Network offering a total of 20% discount.
10% is your immediate discount, so you pay $90 and the remaining 10% = $10 is sent to your account, 37.5% of this $10 = $3.75 goes to your donation box/wallet.
WinTo tokens will be used to record the charity transactions on the blockchain in order to achieve transparency as well as for recording ratings and voting, enable users to create charitable causes and hot topics, access educational services and interviews with celebrities, buy advertising space and much more. To have a functional Tokenomic users will be rewarded with WinTo tokens for performing various tasks.
Once World Winners Network is functional (after Pre-Sale 3) the WinTo token will start to circulate in the ecosystem and as we grow the usage of the token will increase as well as the demand, which combined with the limited supply will lead to price appreciation.