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Topic: [ANN] [ICO] ** WinTo ** Together For a Better Future ** Building the Foundation - page 6. (Read 23488 times)

jr. member
Activity: 31
Merit: 1
I’m really curious how long you will keep those $120 million (if you manage to collect) before you show a working product. Why do you think people will trust you with such a large hard cap and no working product?
jr. member
Activity: 140
Merit: 1
Hello, this thing with the wino pool is very interesting. Can anyone add tokens to that or the network must be launched in their country first?

We are not planing to set requirements related to the country of residence. Everyone who has participated in the WinTo token sale should have the same opportunity to trade their tokens.
jr. member
Activity: 68
Merit: 1
Hello, this thing with the wino pool is very interesting. Can anyone add tokens to that or the network must be launched in their country first?
jr. member
Activity: 140
Merit: 1
Very well presented overall information, team seems solid, and the details you go into when describing use of funds are something that very few projects are offering. I know its not easy with all the social media and google restrictions, but good marketing campaign is the key to success when you already have everything else (besides the product)

Thank you very much for the endorsement. We are well aware that good markerting campaign is crucial for any project and slowly, but surely building online presence.
jr. member
Activity: 140
Merit: 1
You claim the winto token has multiple use cases and surely there are as per your documentation, but the only thing that needs a token is the transparent donations. What else can not be done with fiat money?

Identifying users to avoid fake profiles and spam as well as record the ratings of our Non Governmental Partners so people who raise a charitable cause know who they can trust with the execution.
jr. member
Activity: 80
Merit: 1
Very well presented overall information, team seems solid, and the details you go into when describing use of funds are something that very few projects are offering. I know its not easy with all the social media and google restrictions, but good marketing campaign is the key to success when you already have everything else (besides the product)
jr. member
Activity: 140
Merit: 1
Whitepaper, website, team all good in the hood…but no working application. You should build at least some basic version of a working product and then start your ICO.

I totally agree that launching an ICO with a working product will be a lot better, but it's not a must. I f we had the money we would've certainly build it.

Since we don't have MVP or prototype we are starting to offer our token at $0.01 to those who believe in our team and project. Naturally the more we develop our app the more its value increases.

That's why when we have a fully functional product we will start the Crowd Sale, but the token will cost $0.16 - $0.32
jr. member
Activity: 140
Merit: 1
Please don’t get me wrong, your project and cause are great and will most probably succeed no matter how you are going to fund it. Why does your business model need to be decentralized and you decided to do an ICO?

Hello, thank you for the kidpnd words.

We have approached a number of VC investors in 2017 trying to fund the project, but everyone wants equity, control or to tweak the charity model in their favor. Therefore, launching an ICO was our only chance to preserve the core model.

I believe the above answers both your questions and if not I can tell you more. Just let me know.
jr. member
Activity: 125
Merit: 1
Please don’t get me wrong, your project and cause are great and will most probably succeed no matter how you are going to fund it. Why does your business model need to be decentralized and you decided to do an ICO?
jr. member
Activity: 140
Merit: 1
In one of your videos was mentioned that you are about to sign a contract with major software company which is supposed to build your app. Do you have a date? Is it going to be publicly announced?

Hi yes, we are very close to signing up the contract. I'm afraid it is still not possible to give you the date, but we will definitely make an official announcement when the contract is a fact.
jr. member
Activity: 140
Merit: 1
It all looks great on paper, but I don’t believe celebrities will partner with you. First it’s not easy to reach them and second I don’t see what you can offer them.

You're not the first pessimist when it comes to the partnerships with celebrities and this is perfectly understandable.

1. Bulgaria is a small European country, the members of our team are well connected not only here but abroad and when you know the right people it's not that hard to establish communication with whoever you need, specially when you have something attractive to offer.

2. First every person with certain influence will receive a percentage of the cashback generated from their invitees. It's a small portion but when multiplied by thousands or even millions of followers in some cases (like major football clubs) this becomes a significant amount of passive income.

3. All famous people are constantly pursued by aid organizations and charity foundations and asked for money. Of course, most celebrities love to be associated with charity as this enhance their public image. By becoming partners with World Winners Network, they support charitable causes with the money generated from the shopping of their invitees rather than using their own funds and also achieve great PR results.

I hope this answers both your questions.
jr. member
Activity: 51
Merit: 1
In one of your videos was mentioned that you are about to sign a contract with major software company which is supposed to build your app. Do you have a date? Is it going to be publicly announced?
jr. member
Activity: 106
Merit: 2
It all looks great on paper, but I don’t believe celebrities will partner with you. First it’s not easy to reach them and second I don’t see what you can offer them.
jr. member
Activity: 140
Merit: 1
The small and medium size businesses are easy to sign up with because they are constantly looking for brand awareness and more exposure in order to get new customers. But you will need some big players if you want people to shop and the big retailers own big shares of their niche and have loyalty programs. Why they will be interested to sign up with you?

You're very right about everything you said and the question is very common.

Big retailers have big customer bases. When they invite their clientele to join World Winners Network these people will start shopping from the rest of our trading parners. Then big retailers will start receiving a percentage of each purchase and this will boost their revenue. Apart of that they will impove their public image by participating in charitable causes/events.
jr. member
Activity: 150
Merit: 1
The small and medium size businesses are easy to sign up with because they are constantly looking for brand awareness and more exposure in order to get new customers. But you will need some big players if you want people to shop and the big retailers own big shares of their niche and have loyalty programs. Why they will be interested to sign up with you?
jr. member
Activity: 140
Merit: 1
Looking at the benefits you are offering to all parties involved the business model will definitely generate revenue. But if the token is not used in the shopping part of the platform there won’t be much demand for it.

We are looking forward to start using the token for all transactions as soon as possible, but at the moment there is not much adoption. One step towards this direction is offering the option for the cashback to be received in tokens and not cash and then used for services within the platform.

We will also have a lot of free and paid educational content where people can learn everything from A to Z about crypto and this will certainly speed up the process of crypto mass adoption.

While the shopping is our main driving force, all the services accessible with the WinTo token in our ecosystem will boost the token usage more than enough for significant demand. You can check the Token Economy video on our website to see the proof of that.
newbie
Activity: 34
Merit: 0
Looking at the benefits you are offering to all parties involved the business model will definitely generate revenue. But if the token is not used in the shopping part of the platform there won’t be much demand for it.
jr. member
Activity: 140
Merit: 1
I understand why you wouldn’t get the celebrities involved during the ICO. Can you explain how you are going to build the audience when your app is ready?

Once we build the Alpha version we will start testing with few of the celebrities we have signed up, then we will add several more in the Beta verision and after the full launch (after Pre Sale 3) we will get everyone involved.

While celebrities will have the major impact we will rely on many other public figures and even sports clubs. Also every merchant we have signed up will invite their existing clientelle in order to take advanatage of the referral program.
jr. member
Activity: 88
Merit: 1
I understand why you wouldn’t get the celebrities involved during the ICO. Can you explain how you are going to build the audience when your app is ready?
jr. member
Activity: 140
Merit: 1
The video on your website says you will have weekly live streams and there is investor’s hub tab in your dashboard that says: coming soon, when will this feature be available?

Hi, what is advertised in the video is correct. There will be weekly live streams and special chat for investors only managed by the core team. Since the number of contributors in the Private sale is not large we decided that there is no point to distribute the news and updates into 2 separate channels (for the public and for investors only)

Therefore, currently the weekly updates are published on our YouTube channel and everyone who would like to chat with the core team can reach us on Telegram. The Investor's Hub will be available after the completion of the Private Sale.
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