Are you being forced to view ads about products or services that you don’t need or want nor get compensated for to view? Businesses pay middlemen to force others to view unwanted ads which give them no benefit. They pay middlemen top dollar, but for the most part, never see satisfactory results as nobody likes to be bombarded by unwanted ads. What’s the alternative? Join WeBuy!

There is an alternative that will not only give middlemen a good run for their money but remove them from the equation completely. This alternative, consisting of a blockchain-based, on-demand advertising platform, will ensure that fairness, impartiality and common sense are injected into the advertising industry on an industrial scale. Unbelievable but true. Join WeBuy!<WBY.io/Join>

WeBuy, the first on-demand advertising platform in the world, aims to generate income from at least two sources of revenue.  Whether from Sellers purchase of ads on the platform, or big data sales, 12% of the proceeds will go to the platform for further development. 88% of the proceeds will go to buyers based on their SellMe activity. Unbelievable but true. Join WeBuy!<WBY.io/Join>

Decentralized Autonomous Corporation (DAC): Sustainable Revenue Sources

As discussed in a previous post, WeBuy fully supports decentralization and is planning to turn the WeBuy platform into a Decentralized Autonomous Corporation (DAC) within 3 years. This makes the creation of sustainable revenue sources an essential reality for both the platform and ultimately, the DAC.

This is why WeBuy, the first on-demand advertising platform in the world, aims to generate income from at least two sources of revenue:

WeBuy Platform Fees - When sellers purchase ads on the platform, 12% of the proceeds will got to the platform.
Big Data Sales - There is no doubt that after some time, certain parties that will be interested to buy information relating to comments, regions, SellMes and so forth. The idea is to sell this data to interested parties based on transparent rules. The income acquired this way will be distributed to buyers and to the platform - 88% of the proceeds will go to buyers based on their SellMe activity. The remaining 12% will go to the platform for further development.

Be sure to read the WeBuy white paper for more information pertaining to this and more. Most importantly, let us know your thoughts below.

POTS vs ICOs: How to Fund Your Blockchain Project in 2019

It was easy to fund blockchain projects during the crypto bull market of 2017 by launching initial coin offerings (ICOs). Unfortunately this gave rise to many scam projects - projects that were either outright scams (fake teams, fake partnerships and other shenanigans.) or simply couldn’t deliver on false, outlandish promises made.

Ultimately this attracted the attention of regulators and negatively impacted the public’s appetite to fund new blockchain projects - and rightly so. This in turn contributed to the start of the 2018 crypto bear market that we are still largely trying to shake off today. This is not to subtract from the progress being made by blockchain projects that did use and are using funding obtained during the ICO craze of 2017 responsibly.

To fund your blockchain project today will require a lot of dedication, hard work, upfront capital and transparency to name but a few. This is why, after much deliberation, the management team of WeBuy came up with a new crowdfunding concept called POTS, short for Production-Oriented Token Sale.

We invite you to learn more about this groundbreaking concept that WeBuy is pioneering.

On-Demand Advertising Platform: Fairness, Impartiality and Common Sense

The “Kingdom of the Middlemen” is a ‘kingdom’ that is plague by centralized systems and a few middlemen who receive more than their fair share of the pie. They are more than satisfied with the status quo. Welcome to Mother Earth...

Anyone else is being forced to view ads about products or services that they don’t need or want nor get compensated to view. The businesses that pay middlemen to force others to view unwanted ads are also not benefiting. They pay middlemen top dollar, but for most part, never see satisfactory results as nobody likes to be bombarded by unwanted ads.

Who does? Truth be told, not even the middlemen. They don’t like to be bombarded by unwanted ads. Yet, they are more than happy to accept payment to facilitate the bombardment of others. This needs to stop.

There is a better alternative, an alternative that will not only give middlemen a good run for their money, but remove them from the equation completely. This alternative, consisting of a blockchain-based, on-demand advertising platform will ensure that fairness, impartiality and common sense are injected into the advertising industry on an industrial scale.

This alternative, created and developed by WeBuy, will give you complete control over the advertisements you view. This can be accomplished without the need to fire a single shot.

WeBuy - The Platform

The advanced, blockchain-based platform that makes up WeBuy will be accessible via a mobile app that will be unveiled as part of a full scale pilot with basic functionality during Q1, 2019. This advanced, on-demand advertising platform will consist of a complex web of Buyer Referral Networks (BRNs) - created and governed by buyers or users of the platform.

Interoperability will be ensured by combining and spreading the platform’s core components across the WeBuy blockchains and main Stellar network. In order to enjoy the full benefits of the Stellar network, the WBY token will remain an essential part of the main Stellar network. This will make it possible to transfer WBY tokens in a quick and secure manner and at low cost across the globe.
 
Yet, while the blockchain will provide full transparency, there is no need to drag the average user into the complexities of what happens in the backend. The idea is to make the WeBuy app as easy and straightforward to use as possible - a basic requirement for mass crypto adoption.

Most users will probably not even realize that they are using an app that is connected to a blockchain-based platform, not to mention a platform as complex as the one WeBuy is creating and developing.

WeBuy: Community Engagement Compensation

Members of the community who support the WeBuy platform will be compensated for their efforts or engagements. The more active, the greater the level of compensation that can be expected.

How is compensation determined?

Two main concepts govern the WeBuy ideology:

Firstly, as a seller you need to pay to engage or communicate with potential buyers. As an example, buyers who view your ad(s) get compensated for doing so.

Secondly, as a seller you are always part of the BRN of the buyer who referred or introduced you to the platform. A BRN, short for Buyer Referral Network, makes it possible for a buyer to earn compensation for engagement and increasingly so for being more active.

How is compensation paid?

Compensation is paid in the form of WBY tokens. The tokens can be used to buy products or services via the WeBuy platform. Alternatively, it can be exchanged for other cryptocurrencies or fiat. The choice is yours.

Sorry it is closed. The WBY token is now listed on the Stellar Decentralized Exchange (DEX): https://stellarport.io/assets/alphanum4/WBY/GBLMHM6CTZVIMOB7I2BZGVOSWCNPZJQLYQDGRUDJRXZADGOUHNKGSJAJ

WeBuy: Decentralized Autonomous Corporation (DAC)

WeBuy supports decentralization. We are not only building the first on-demand advertising platform in the world, but aim to turn WeBuy into a fully-fledged Decentralized Autonomous Corporation (DAC) within 3 years. We are planning to achieve this through the transfer of both the platform’s functionality and income to a decentralized blockchain system.

What is a DAC you may ask?

A DAC, also known as a decentralized autonomous organization (DAO), is a organization that is blockchain-based and governed by rules that are encoded in a computer program. It is controlled by shareholders / stakeholders, ensures full transparency, and cannot be influenced by a central authority or government.

A Blockchain-Based Solution in Support of Online-to-Offline Commerce

What is Online-to-Offline Commerce (O2O)? It is in essence any business strategy designed to redirect or prompt online customers to make purchases at physical stores.

This means that physical stores can potentially benefit from the power of the internet by enjoying a larger customer base. Combine this with the power of blockchain technology and you potentially have a powerful, evolutionary blockchain-based solution that can take the world of e-commerce to a completely new level. This is exactly what WeBuy is working on. We are working on a blockchain-based, on-demand advertising platform that has the potential to change the world of commerce for good. Both online advertising and online-to-offline commerce stand to greatly benefit from it.

XLM vs ETH: Why Stellar (XLM)

We have been asked more than once about our decision to base our WBY token on Stellar (XLM) instead of the Ethereum network that supports ERC20 tokens.

Firsthand experience has shown that the ETH network struggles to handle traffic during times of high traffic - leading to high gas prices and slow transaction times. For example, CryptoKitties almost brought it down.

On the other hand, Stellar offers significantly cheaper and faster transactions.

Furthermore, we see no need to adopt the risk of Ethereum’s Turing complete programming language when only a basic token in support of basic smart contracts is required. Stellar’s transaction model leaves less room for bad actors to exploit vulnerabilities. This makes Stellar cheaper and more secure than what Ethereum has to offer.

In addition, it takes a lot of time, money and effort to get ERC20 tokens listed on centralized exchanges. Stellar offers an in-house decentralized exchange where newly issued XLM-based tokens get listed from day one - ready for instant trading. This is without the hassle and expense associated with trying to get your token listed on centralized exchanges.

Let us know your thoughts below.

Reversing the Advertising Process

Advertising usually involves a process where sellers hope to find buyers by paying money to have their ads displayed. It is most of the time ineffective and expensive, leaving buyers and sellers frustrated and alienated in the process. Even when ads are targeted, just because someone was interested to buy a product a week, a month, or a year ago, doesn’t mean that he/she is still interested today.

These challenges and the fact that monopolies (Google, Facebook, Microsoft, etc.) pretty much control the digital advertising industry, contribute to a situation where a great number of small and medium enterprises (SMEs) choose not to advertise online. This, while there is in excess of 500 million SMEs globally that could greatly benefit from the marketing of their products and services online. We live in a digital age, but shockingly, as a result of the challenges faced due to monopolistic behavior, it is said that about 90% of all retail purchases are still made offline.

Why not reverse the advertising process?

Enable a buyer to describe the product/service he/she wishes to buy in real-time via a global, blockchain-based, on-demand advertising platform.
Make it possible for relevant sellers within a buyer’s geographical area to see the description.
Make it possible for sellers to communicate and promote their products or services to the buyer in real-time by paying a small advertising fee.
Pay the buyer a portion of the advertising fee to encourage ad views and spending.
Make sure that the on-demand advertising platform used is owned and controlled by buyers.
Allow for a native token that makes cheap, fast transactions possible on a global scale in support of both online-to-offline commerce and online advertising.

Will this not be a way better alternative to the status quo?

Hi. Thanks for the feedback. 🙂

It is important to understand that WeBuy isn't a marketplace, but an on-demand advertising platform. WBY tokens will be used to buy ads, to reward participants and as a form of payment on the WeBuy network. However, it doesn't remove or impair the choice of sellers to sell their products or services in any currency they like.

We are currently in private sale and planning to launch our first pilot in December. There will also be a public sale that starts a month after our pre-sale which starts on January 7th, 2019.  :-)

Among the main reasons for choosing Stellar are the cheap and fast transactions it makes possible. Be sure to pay a visit to our white paper for more details pertaining to our decision to go with Stellar: https://wby.io/wp-content/uploads/2018/10/webuy-whitepaper-X18-Web.pdf

WeBuy is showcasing on November 2nd at 12:00 at the Malta Blockchain Summit 2018. WeBuy has the coolest CEO around. Don’t miss the chance to meet Emil and members of the team in person. :-)

Our private sale and airdrop are still ongoing. January 7th, 2018 will mark the beginning of our presale. More updates pertaining to the progress of the project will follow in due time.

Thanks for the feedback. The first users will add a trustline when we're ready for distribution - not before. In terms of Telegram, we've made the required changes. It is now clean and constantly monitored.

We are now on coinshedule: https://www.coinschedule.com/ico/wby#event4362

We're two weeks away

Thanks Lutpin. Taking it into consideration moving forward

Our site is currently being redesigned and will soon be relaunched with updated information alongside our whitepaper