Quote from: WHAProject on October 16, 2017, 04:50:06 PM

Quote from: karwanmino on October 16, 2017, 04:38:16 PM

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, projects 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:

Quote

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.