I’m impressed by the overall work you’ve done. You can tell that this project and ICO model was not designed for scam, but what seems not right is the utility token. Everyone says security tokens are the future and you want to raise significant amount of money with utility token.
After all the money lost in scams and not well structured or managed projects a new ICO only stand a chance if things are done properly. As for the tokens, yes everyone is talking about STOs being the future, but if you think about it Utility tokens will be the only shot for the regular Joe or the retail investor. Here is a piece of content in case you want to see our point of view about Utility and Security tokens https://medium.com/cryptorevolution/utility-tokens-are-dead-stos-are-the-future-are-you-sure-51178e0ec324 |
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In your whitepaper says you have contracts with famous people. Why don’t you show these as a prove that your concept will work or ask them to promote your project and get things happening faster?
Hi, we do have contracts indeed as well as many verbal agreements with both famous people and merchants here in Bulgaria. However, they will be exposed only after World Winners Network is live. This are the terms of our partnerships. |
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Truly exceptional project, I’m sure you will succeed and here is my question. Are you going to compete with the world’s biggest aid organizations like Unicef for example?
Thank you very much for the encouraging words. Although we do highlight the weaknesses of charitable organizations our goal is not to compete with them. Actually we think more about potential partnerships. |
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Everything from the business model to the proposal and the ICO structure is presented very well. It is obvious that you have people with the skills and experience in your team. Would you tell me who will be the people leading the company when the ICO is over?
Hello, as you mentioned we do have a decent team with each member having different backgrounds playing a key role in both the ICO and the company management after that. Of course, as we grow we will be expanding the team which is noted in the use of funds sections of each stage. |
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You explain very well the token economy in your whitepaper and video.
Everything looks reasonable, the winto token really have a chance to stand out and prove that utility tokens are still not dead, but your main driving force will be the shopping, correct?
Yes, you’re correct. The business model (shopping community) will be the main source of revenue and generator for charity money. |
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Amazing project! The way you use the problems of society and extract positiveness out of those is truly amazing. I wish you guys best of luck with the ICO and the platform after that.
We appreciate that and hope to see you within our supporters.  |
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I kind of like your project. What is your mission your main goal? I want to hear it from you.
It's a simple question so I will try to answer it in one sentence: We want to build a community where people will be able to find solutions for their own problems and help others without changing their daily activities. If you like to hear a more detailed answer just let me know. |
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I remember how 18 months ago people were raising millions with a whitepaper and website. I can tell you guys have put so much research and thinking into this project of yours that you could get $500 million easily in 2017. Now it’s hard but if you have patience you will make it. Thumbs up fellas!
Yes, definitely not the best timing to raise $120+ million right  Many will say it's impossible, that ICOs are dead and etc. We believe that when more people realize the potential impact World Winners Network will have on society and we show that we are actually using the raised funds as intended things will pick up. |
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Why do you have Private sale and 3 Pre-Sale stages and then Crowd Sale? Would you clarify what is the purpose of your token sale structure?
Sure, The Private sale is where we collect feedback and validate our concept. Then Pre-sale stages are when we will build the application, we could also call this part – Development Phase. Once we have the app fully functional we can start promoting the World Winners Network to a much wider audience, which consist not only of crypto enthusiast but the general public. During the Crowd Sale we will invest in channels like Facebook and TV which are not suitable for ICO marketing currently. Now I understand and must say that your strategy is very reasonable. Where is your main focus in terms of marketing during the presale stages? The market condition is very unfriendly, are you only targeting retail investors? We are doing our best to remain decentralized and have denied several offers already from VC investors who wanted to have control in the company in exchange for their money. At the same time retail investors are very pessimistic at the moment, so we may lock up some deals with institutional investors to have a jump start. Time will show, we are not in a hurry. I get that and think that not setting timeframes for your token sale stages is a smart move. On the other hand, a lot of people will wait until you sell let’s say 15 million tokens and get involved then to reduce the risk. That is a problem we are aware of and currently working on a solution how to motivate people not to wait to the last moment. At the same time everyone who waits instead of support us now even with few hundred dollars may miss out if we decide to make a deal with big private investors. If we do that tokens at price of 1 or 2 cents will be gone in a day. |
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Where can I get more information about your project? I’ve read the project summary and whitepaper, but I like to see something more simplified and only related to your project.
Hello, I know it's a bit mixed up with the token sale details on the ICO website. We have a small website highlighting the project here: http://world-winners.com/ |
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If your token is using a very basic ERC-20 smart contract how are you going to get all its functions implemented when your platform goes live?
The WinTo token is bult on a standard publicly available smar contract indeed. When it comes to all the functionalites we will be integrating in the ecosystem once World Winners Network goes live there will be another smart contract written by experienced blockchain develpers we are currently negotiaing with. When the time comes it will be decided if WinTo can do that by itself or another token needs to be attached to it and used for the internal transactions. Either way WinTo will be the token used for accessing all services and if another rtoken is needed it will be with no value. |
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Why do you have Private sale and 3 Pre-Sale stages and then Crowd Sale? Would you clarify what is the purpose of your token sale structure?
Sure, The Private sale is where we collect feedback and validate our concept. Then Pre-sale stages are when we will build the application, we could also call this part – Development Phase. Once we have the app fully functional we can start promoting the World Winners Network to a much wider audience, which consist not only of crypto enthusiast but the general public. During the Crowd Sale we will invest in channels like Facebook and TV which are not suitable for ICO marketing currently. Now I understand and must say that your strategy is very reasonable. Where is your main focus in terms of marketing during the presale stages? The market condition is very unfriendly, are you only targeting retail investors? We are doing our best to remain decentralized and have denied several offers already from VC investors who wanted to have control in the company in exchange for their money. At the same time retail investors are very pessimistic at the moment, so we may lock up some deals with institutional investors to have a jump start. Time will show, we are not in a hurry. |
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Why do you have Private sale and 3 Pre-Sale stages and then Crowd Sale? Would you clarify what is the purpose of your token sale structure?
Sure, The Private sale is where we collect feedback and validate our concept. Then Pre-sale stages are when we will build the application, we could also call this part – Development Phase. Once we have the app fully functional we can start promoting the World Winners Network to a much wider audience, which consist not only of crypto enthusiast but the general public. During the Crowd Sale we will invest in channels like Facebook and TV which are not suitable for ICO marketing currently. |
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It all looks and sounds great but are you sure people will be really excited to use your platform. There are many loyalty programs where people can save money on shopping and very small percentage of the population are actively using those. Why it would be different with yours?
That’s true. Not many people are financially educated and therefore they don’t take advantage of discounts. We are planning to have free educational content where we will teach people how to improve their financial situation as well as teach them all about crypto. What sets us apart is that Celebrities and all kind of famous people will present us to their fans and followers making it clear that as a member of World Winners Network you not only save money but contribute to the society and can find solutions for your own problems. If people join your network and you have those free educational services there will be a positive impact, I agree. Just not sure people will be interested in the charity part, what makes you think they will? We have done very extensive research in the past using psychologist and focus groups, the project has been exposed to many famous people for feedback and not as an investment opportunity and everything points that the world needs something like that. Like with anything innovative it will be hard, but once we fund and execute few causes and show it publicly it will get interesting. |
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It all looks and sounds great but are you sure people will be really excited to use your platform. There are many loyalty programs where people can save money on shopping and very small percentage of the population are actively using those. Why it would be different with yours?
That’s true. Not many people are financially educated and therefore they don’t take advantage of discounts. We are planning to have free educational content where we will teach people how to improve their financial situation as well as teach them all about crypto. What sets us apart is that Celebrities and all kind of famous people will present us to their fans and followers making it clear that as a member of World Winners Network you not only save money but contribute to the society and can find solutions for your own problems. |
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"As much as I like the concept you’re presenting and the transparency you’re trying to achieve I have to say there 2 red lights in the ICO model:
You don’t have a prototype of the app
You don’t have a soft cap
No offence, I just want to hear what you have to say about that.
For sure there are more people seeing the same 2 things as red lights, so I’m happy to answer. 1. We have a unfinished test version of the app built over an year ago before it was decided that the project will launch an ICO, but it’s outdated and we will not use it. We are currently negotiating with a big software company to build a new app from scratch and the process will start after Pre-sale 1 when we will have money to pay them for the alpha version. We understand the risk is higher at this early stage and that’s why the token is offered at $0.01 while after we show the Alpha version of the app after Pre-sale 1 the price of the token will go to $0.04 2. We can’t have a soft cap because we will be using the funds raised in each stage right away for development, marketing, legal etc. As you know ICOs with soft cap don’t do anything with the money during the fundraising campaign and can refund the investors if they don’t reach soft cap. The fact that most ICOs who are unable to reach soft cap, buy the remaining tokens using their own money so they don’t have to do a refund is another topic. In our token sale structure having soft cap just doesn’t make sense, because the money will be spent. Thank you very much for clarifying this, I understand your point of view, but this leads me to another question: Does it mean that if I buy tokens now or at the next stage I will have to wait for you to finish the last crowdsale stage and only then be able to sell some of my tokens? Not necessarily. If we launch in few countries during the 1st Crowd sale it is very possible to have a demand for the token and then we will list in on exchange. However, we are not able to make any promises as we don't want to set false expectations. Everyone who believes in the project and would like to support us must be willing to wait at least 12 months. If we can make things happen earlier it's a bonus  |
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I’ve been reading through this thread and your whitepaper and it looks like the benefits everyone is going to receive is your key to success. Everyone likes benefits there is no doubt about that and there will be many who would like to use your platform. What bothers me is that referral program, isn’t this like a multilevel marketing scheme?
Yes, the only way to attract many people in a social network is to offer multiple benefits. As for the referral program it is just a way to additionally motivate influencers, regular users and even businesses to help us organically grow. While MLM schemes pay commissions to two or even more levels up and down we only give a small portion of the cashback generated by each user to the person who invited them. If it’s just a small portion of the cashback, how it will be attractive for celebrities and businesses. They are busy and have multiple sources of revenue, why would they engage and start inviting people to your platform if the rewards are not big enough? When it comes to celebrities and businesses they have influence over big masses and even though we reward them with a small portion of the cashback when multiplied by large number of users it becomes a decent amount. The other very important thing is that nowadays both celebrities and big businesses are literally competing who will get involved in more charitable events and they contribute using their own money. In World Winners Network they will be constantly associated with charity and without spending a penny will achieve great PR results. |
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"As much as I like the concept you’re presenting and the transparency you’re trying to achieve I have to say there 2 red lights in the ICO model:
You don’t have a prototype of the app
You don’t have a soft cap
No offence, I just want to hear what you have to say about that.
For sure there are more people seeing the same 2 things as red lights, so I’m happy to answer. 1. We have a unfinished test version of the app built over an year ago before it was decided that the project will launch an ICO, but it’s outdated and we will not use it. We are currently negotiating with a big software company to build a new app from scratch and the process will start after Pre-sale 1 when we will have money to pay them for the alpha version. We understand the risk is higher at this early stage and that’s why the token is offered at $0.01 while after we show the Alpha version of the app after Pre-sale 1 the price of the token will go to $0.04 2. We can’t have a soft cap because we will be using the funds raised in each stage right away for development, marketing, legal etc. As you know ICOs with soft cap don’t do anything with the money during the fundraising campaign and can refund the investors if they don’t reach soft cap. The fact that most ICOs who are unable to reach soft cap, buy the remaining tokens using their own money so they don’t have to do a refund is another topic. In our token sale structure having soft cap just doesn’t make sense, because the money will be spent. |
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In this bearish market very few projects will be able to stand out. I believe if you continue to stay active on here and get more interactions on your social media you will be one of the few. Good luck!
Thank you, we appreciate it |
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I’ve been reading through this thread and your whitepaper and it looks like the benefits everyone is going to receive is your key to success. Everyone likes benefits there is no doubt about that and there will be many who would like to use your platform. What bothers me is that referral program, isn’t this like a multilevel marketing scheme?
Yes, the only way to attract many people in a social network is to offer multiple benefits. As for the referral program it is just a way to additionally motivate influencers, regular users and even businesses to help us organically grow. While MLM schemes pay commissions to two or even more levels up and down we only give a small portion of the cashback generated by each user to the person who invited them. |
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