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karwanmino
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October 16, 2017, 04:38:16 PM
Last edit: December 07, 2017, 10:47:05 AM by karwanmino |
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good job
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WHAProject (OP)
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October 16, 2017, 04:50:06 PM |
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1. Pre-sale (16 October 2017 – 24 October 2017). On Pre-sale round would be sold 10 million WHA. Cap - $400,000. 1 WHA price = $0.04 Pre-sale revenue will be spent on preparation, compatibility testing and public presentation of WHA mobile application concept, marketing and preparation of ICO seed-round. 2. ICO seed-round (11 December 2017). On ICO seed-round would be sold 20 million WHA. Cap - $8,400,000. Price 1 WHA = $0.42 Revenue will go to the development of the own blockchain, to users wallets development, popularization, product marketing, project’s internal market development and public launch of WHA mobile application. In 6 months we aim brand recognition. 3. ICO (02 July 2018). On ICO would be sold 30 million WHA. Cap - $48,600,000. Price 1 WHA = $1.62 Cash will go to global marketing, contextual advertising, widening internal market and connection to healthcare systems of some countries. WHA Project will start accepting WHA token as a means of payment in internal store and involve medical institutes for the data usage. these all equals = 60m tokens .. and the other 40m will be for team members+siblings  +safe supply .. regards 40 million will be kept by the WHA Project Reserve Fund for the team, to pay for data contribution, partners and in order to hire new staff and further development over the next 5 years. These tokens will be kept in multi-signature wallets. This is the outline from our Whitepaper, same page actually, few lines above. As we will reward our app users with tokens (let's call it Mining with Trackers) we require huge amount of tokens to be stored for further distribution |
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whoeier
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October 16, 2017, 05:05:27 PM |
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1. Pre-sale (16 October 2017 – 24 October 2017). On Pre-sale round would be sold 10 million WHA. Cap - $400,000. 1 WHA price = $0.04 Pre-sale revenue will be spent on preparation, compatibility testing and public presentation of WHA mobile application concept, marketing and preparation of ICO seed-round. 2. ICO seed-round (11 December 2017). On ICO seed-round would be sold 20 million WHA. Cap - $8,400,000. Price 1 WHA = $0.42 Revenue will go to the development of the own blockchain, to users wallets development, popularization, product marketing, project’s internal market development and public launch of WHA mobile application. In 6 months we aim brand recognition. 3. ICO (02 July 2018). On ICO would be sold 30 million WHA. Cap - $48,600,000. Price 1 WHA = $1.62 Cash will go to global marketing, contextual advertising, widening internal market and connection to healthcare systems of some countries. WHA Project will start accepting WHA token as a means of payment in internal store and involve medical institutes for the data usage. these all equals = 60m tokens .. and the other 40m will be for team members+siblings +safe supply .. regards 40 million will be kept by the WHA Project Reserve Fund for the team, to pay for data contribution, partners and in order to hire new staff and further development over the next 5 years. These tokens will be kept in multi-signature wallets. This is the outline from our Whitepaper, same page actually, few lines above. As we will reward our app users with tokens (let's call it Mining with Trackers) we require huge amount of tokens to be stored for further distribution True, yet the high amount of tokens held back is a discouragement for investment. You could choose to buy tokens during the run, when company's acquire the data, to acquire the required amount of tokens that are send out as incentive to those with the trackers running (as this is the data your selling), so lets say every company that requires the data, pays 6WHA per user, the wha-project pays 5WHA to the user and hold 1 for the data transition and development, rendering an incentive for the company to continue developping, increasing the userbase and eventually making it more interesting for company's and users to use the WHA-Project. But hey, that is my 2 pennies |
Want to win XTZ & a ledger? Follow the link and join the campaign: https://bit.ly/2PSh8HNYes that is a referral.. no I don't earn from this, Yes I do compete in the same campaign. |
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rohitm
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October 16, 2017, 05:09:04 PM |
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1. Pre-sale (16 October 2017 – 24 October 2017). On Pre-sale round would be sold 10 million WHA. Cap - $400,000. 1 WHA price = $0.04 Pre-sale revenue will be spent on preparation, compatibility testing and public presentation of WHA mobile application concept, marketing and preparation of ICO seed-round. 2. ICO seed-round (11 December 2017). On ICO seed-round would be sold 20 million WHA. Cap - $8,400,000. Price 1 WHA = $0.42 Revenue will go to the development of the own blockchain, to users wallets development, popularization, product marketing, project’s internal market development and public launch of WHA mobile application. In 6 months we aim brand recognition. 3. ICO (02 July 2018). On ICO would be sold 30 million WHA. Cap - $48,600,000. Price 1 WHA = $1.62 Cash will go to global marketing, contextual advertising, widening internal market and connection to healthcare systems of some countries. WHA Project will start accepting WHA token as a means of payment in internal store and involve medical institutes for the data usage. these all equals = 60m tokens .. and the other 40m will be for team members+siblings +safe supply .. regards 40 million will be kept by the WHA Project Reserve Fund for the team, to pay for data contribution, partners and in order to hire new staff and further development over the next 5 years. These tokens will be kept in multi-signature wallets. This is the outline from our Whitepaper, same page actually, few lines above. As we will reward our app users with tokens (let's call it Mining with Trackers) we require huge amount of tokens to be stored for further distribution So essentially you're looking at a market cap of $162M by July 2018? On the basis of an idea which DEPENDS on how much you generate during the ICO? Where the Plan B is in-app marketing of electronics? Just to put things in perspective, it is over 10% of Fitbit's market cap, a company which has been in the business for 10 years, had revenue of $2B and gross profit of $850M last year. Quoting what you had mentioned earlier: MVP - not planned on this stage (please check Roadmap section of our whitepaper whaproject.com/white.pdf)
Business Plan - defenitely should be based on the funds raised, right? should be linked to softcap and hardcap at least.
Currently working on this. High dependence on the research made by our advisor.
We can tell you one thing - in-app market of electronics is the "plan B" to keep the company alive in the worst case scenario.
This will allow tokens to have circulation and will keep the token price from drastically falling down.
Differentiating factors - only one is really important for our project - amount of users involved => highly dependent on the funds that would be spent on ads of the app.
Blockchain is really necessary to exclude possibility to "cheat" by app users. (mentioned in the whitepaper, link above). Plus, we need to have precise and exact health data that can be reliable. Blockchain is famous for all that - no changes to the data submitted. Also, it gives the project it's own currency that can be used to reward app users, traded on exchanges and so on. |
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WHAProject (OP)
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October 16, 2017, 06:23:44 PM |
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True, yet the high amount of tokens held back is a discouragement for investment.
You could choose to buy tokens during the run, when company's acquire the data, to acquire the required amount of tokens that are send out as incentive to those with the trackers running (as this is the data your selling), so lets say every company that requires the data, pays 6WHA per user, the wha-project pays 5WHA to the user and hold 1 for the data transition and development, rendering an incentive for the company to continue developping, increasing the userbase and eventually making it more interesting for company's and users to use the WHA-Project.
But hey, that is my 2 pennies
This is the situation after 2-4 years, when there will be solid amount of the data of some certain social group, that will be interesting to the buyer, right? Before that moment, we have to get those tokens somewhere to reward the app users, to make them excited about using our app. Yes, we can sell much more of the tokens, but how we will be super attractive to users? We can put banners everywhere around people, telling them how awesome our app is and how precise is the analysis of their health parameters, we will get up to 5% of their attention. Today, people are overloaded with ads from everywhere. So, being "just better" is not enough. Being different is another story. You ever heard anything about Electroneum? This is the great example when people buy their coins because of "something different" - mobile mining. Nobody cares, that there's no actual mining with your mobile device, it's just "Viral marketing" - https://www.financemagnates.com/thought-leadership/industry-poised-welcome-newest-cryptocurrency-electroneum/We are offering "something different" and we need solid supply of it. On the other hand, investors, holding, let's say, 5-10% of all tokens can easily drop down exchange rates by putting all of them for sale. |
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WHAProject (OP)
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October 16, 2017, 06:54:13 PM |
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... So essentially you're looking at a market cap of $162M by July 2018? On the basis of an idea which DEPENDS on how much you generate during the ICO? Quoting what you had mentioned earlier: Just to put things in perspective, it is over 10% of Fitbit's market cap, a company which has been in the business for 10 years, had revenue of $2B and gross profit of $850M last year. ...
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Differentiating factors - only one is really important for our project - amount of users involved => highly dependent on the funds that would be spent on ads of the app.
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it is written in the messages that you quoted Putting things in perspective, we are not planning to compete with the companies that PRODUCE fitness trackers. We are planning to USE what they produce. Speaking about Fitbit's market cap, according to the results of this exact company in last 2 years, it won't be worth mentioning in nearest future - their market cap dropped down and soon they might be in the section of "Other manufacturers" here are the stats https://venturebeat.com/wp-content/uploads/2017/06/idc_wearables_q1_2017.png |
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Danolive
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October 19, 2017, 06:57:22 AM |
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Hello guys!
Does your team have linkedin profiles or emails?
I want to contact you and see who is behind the team and there is no info what so ever....
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akamy789
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October 23, 2017, 04:29:51 PM |
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The home page states：“Attracting investors is a good thing, but we aim for popularity among users. That's where real money comes from”It's exactly the right thing to do, and are you going to add an activity to promote community interaction?
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WHAProject (OP)
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October 23, 2017, 04:49:53 PM |
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The home page states：“Attracting investors is a good thing, but we aim for popularity among users. That's where real money comes from”It's exactly the right thing to do, and are you going to add an activity to promote community interaction?
Community interaction is the good thing to have, but we cannot force people to build one, right? As for us, we're always open for the dialogue. Becoming popular among users will be based on rewards for them and providing the awesome service. Word of mouth of happy users always was and will be the best advertisement. Was the answer fulfilling? |
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AleCer
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October 24, 2017, 04:05:16 PM |
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it was funny that you decided to change the presales start date because of the upcoming eth fork and it was the smoothest eth fork ever  |
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WHAProject (OP)
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October 24, 2017, 08:49:52 PM |
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it was funny that you decided to change the presales start date because of the upcoming eth fork and it was the smoothest eth fork ever Yes, but who knew about that? We decided not to risk |
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WHAProject (OP)
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October 25, 2017, 04:41:41 PM |
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6 days till the end of presale
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