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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
and it was the smoothest eth fork ever
Yes, but who knew about that?
We decided not to risk
The home page states：Attracting investors is a good thing, but we aim for popularity among users. That's where real money comes fromIt'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?
Our Presale is LIVE NOW!
Make the clever investment in the future of healthcare, contribute now!
1ETH = 7000 WHA (excluding bonus)
ROI (comparing to the upcoming ICO price) = 1335%
20% bonus will end in 18 hours (at 10:00 UTC 24 Oct 2017)
Presale ends in 7 days
https://whaproject.com
For questions, please contact us:
Telegram Channel - https://t.me/wha_news
Telegram chat - https://t.me/joinchat/E1KlgxDdsAbV2ur_vXuiDw
E-mail - info@whaproject.com
Make the clever investment in the future of healthcare, contribute now!
1ETH = 7000 WHA (excluding bonus)
ROI (comparing to the upcoming ICO price) = 1335%
20% bonus will end in 18 hours (at 10:00 UTC 24 Oct 2017)
Presale ends in 7 days
https://whaproject.com
For questions, please contact us:
Telegram Channel - https://t.me/wha_news
Telegram chat - https://t.me/joinchat/E1KlgxDdsAbV2ur_vXuiDw
E-mail - info@whaproject.com
The thing is, access to LinkedIn in Russia is blocked, and VPN programs are illegal to download, but still legal to use
So, LinkedIn is not really famous thing in Russia.
Our Founder in LinkedIn - www.linkedin.com/in/alexey-vetluzhskih
his facebook - https://www.facebook.com/alexey.vetluzhskikh.3
Co-founder profile in LinkedIn - https://www.linkedin.com/in/ivanov-kirill/
Our b2b specialist - www.linkedin.com/in/natalya-rudnitskaya/
Our Healthcare advisor - https://www.linkedin.com/in/mikhail-zastrozhin-133110149/
Edited - added links to the profile of our b2b specialist and co-founder
So, LinkedIn is not really famous thing in Russia.
Our Founder in LinkedIn - www.linkedin.com/in/alexey-vetluzhskih
his facebook - https://www.facebook.com/alexey.vetluzhskikh.3
Co-founder profile in LinkedIn - https://www.linkedin.com/in/ivanov-kirill/
Our b2b specialist - www.linkedin.com/in/natalya-rudnitskaya/
Our Healthcare advisor - https://www.linkedin.com/in/mikhail-zastrozhin-133110149/
Edited - added links to the profile of our b2b specialist and co-founder
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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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Quote
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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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success of the Project DEPENDS on the amount of users involved
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
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.
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
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
Thank you very much for this wonderful talk and we are waiting for your project with patience
Thanks to everyone who joined the conversation
We are planning to make more of such events. What topic would you want to see there?
UPDATE
Our:
Telegram Channel - https://t.me/wha_news
Telegram chat - https://t.me/joinchat/E1KlgxDdsAbV2ur_vXuiDw
Our:
Telegram Channel - https://t.me/wha_news
Telegram chat - https://t.me/joinchat/E1KlgxDdsAbV2ur_vXuiDw
We invite everybody to our AMA (Ask Me Anything) event
https://healthama.com/ama-wha-project-what-are-we-planning-to-456884/
We got listed on japanese website today
https://www.coinjinja.com/detail/wha-project
So, we decided that we will try to answer any question in any language!
Japanese community is already invited
Proof
https://healthama.com/ama-wha-project-what-are-we-planning-to-456884/
We got listed on japanese website today
https://www.coinjinja.com/detail/wha-project
So, we decided that we will try to answer any question in any language!
Japanese community is already invited
Proof
i can see that this one has no future in crypto. and my impression based from the ANN is that the foundation of this project is not that solid. not well-researched and not well-prepared. might turn to wah! wah! instead
Definitely agree. No differentiating factor, no MVP, no solid business plan. Even the logo plagiarises the WHO one. Totally a scam.
This is totally off-topic, but you've got this at the bottom of every message - PCCico.com ║ September, 20 ║ ICO
So, you're advertising it, right?
No business plan, whitepaper styling has some issues with unexpectedly ending text and with tables broken into two different pages (link) for no reason with almost empty page following. One team member got separated form the whole team (link) Is it a scam? Whitepaper is considered to be the main document.
No need in explanations, just saying.
So everything is dependent on how much money you raise from the ICO? What happens if you raise lets say only 100 ETHs? Do you refund the contributions?
In-app market of electronics? -> Are you kidding me?! Dude, you have some business plan!
We are currently at pre-sale stage. 100 ETHs won't be enough for proper preparation to the ICO seed round, but we will continue.
If we receive only this amount during ICO or ICO seed round, this will be considered as fail and we will offer the refund upon request.
In-app market will utilize tokens that will be collected by users as the reward. They will be able to spend them on wearable health tracking devices. But again, this is the worst case scenario to avoid the fail and keep the app alive and attractive to new users.
Why no answer to the other questions?
MVP, Business Plan, Differentiating factors?
I have been in the Insurance industry for quite a while now, just answer this question - why would any big insurance company want to work with you? Also how does that impact the value of the coin positively? and why is Blockchain necessary to have this product/business plan?
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.
big insurance companies - once the amount of users involved reaches, let's say, a million, we will become interesting for the insurance companies.
Why? http://www.insurancebusinessmag.com/us/news/breaking-news/63-of-insurers-believe-wearables-will-transform-industry--heres-how-22373.aspx (link from our whitepaper)
Edited - typos
Totally a scam.
We are currently on pre-sale stage and we will add more info.
Currently working with our advisor, consulting on the medical side of the project to have more exact information.
Before this project, our team members worked only in projects, where funds are predefined, so all of us know how to make things done, but not to ask for investments.
This is the reason why our project might look not so attractive. But we are working on this.
Don't you think that perfect-looking project is more likely a scam just for one reason - people behind it knows how to make everything look perfect because they did it multiple times?
Why would you have experience in making lots of projects? Maybe because all of them were fake and were made only to collect funds and disappear?
Why would you start another project if the previous one was successful and you need to work on it not to let investors down instead of asking new funds?
Only time will show the truth, anyway.
Even the logo plagiarises the WHO one.
It's different in every single thing
It only reminds WHO logo
Over 1000 investors are interested in our Project!
Our Facebook page - https://www.facebook.com/thewhaproject
Our Facebook page - https://www.facebook.com/thewhaproject
The OP was an interesting read, in terms of human and health. We might have improved our life expectancy and such, but at the same time we are able to keep the sick who would have died in the past alive. While that's good, we're also creating more humans with genetic problems. It will be interesting to see how that will affect humanity. But by then we'll all be dead.
A bit pessimistic, but true.
As the part of our plan, we will try to keep even more people alive - we will be able to monitor health of our app users and we will advice a visit to the doctor every time our specialists decide that giving this advice will be useful.
We hope that this will affect humanity somehow