Weave ICO ICO logo
View web-site

Weave ICO

Ongoing ICO
Apr 02, 2019 – Jul 31, 2019

WEARVR is uniquely and advantageously positioned as the only completely independent app store within the virtual and augmented reality ecosystem and community.

By investing in this ICO you agree to our Disclaimer

Weave ICO ratings

ICOrating.com Weave ICO icorating
Hype score Low
Risk score NA
Investment rating NA
ICObench.com Weave ICO icobench 4.7 / 5
ICOmarks.com Weave ICO icomarks 9 / 10
TrackICO.io NA
ICOholder.com NA
Our rating
9.2
Claim admin rights for this ICO

Overview

Project industry Blockchain Infrastructure
Product type Platform
Founded Malta

Features

We created WEARVR with a simple objective - to promote the latest and greatest VR content to as many people as possible. We have always actively encouraged developers of all sizes (even one-man bands) to distribute their VR apps via our app store, and we also partner closely with manufacturers of new VR HMDs (headsets), supporting their launches.

For developers of content we give them a platform and distribution network to get their apps to the users. We have very fast app-approval timescales and promote content across a wide range of genres from games and puzzles through to education, tourism and B2B. This caters to the many different interests that both developers and users like to see in VR/AR.

This wide range of app genres appeals strongly to users, who view WEARVR as the go-to place to find the latest content. And whereas other device-centric app stores tend to curate their stores, we open ours up to developers of all sizes, often including free demo titles.

The primary service we provide to our HMD partners is supplying content. These hardware companies go to market with a physical product (the headset) but little content. We have the largest amount of VR/AR content available in the market so we liaise with our rich developer base and port (make compatible) apps made for one headset (for example Oculus or Samsung Gear VR), to work with the HMDs of our partners. In most cases this includes localizing Western content for the Chinese market which means a win-win for all parties - HD partners get brand new content, developers can widen their addressable market including hard-to-reach markets including China and all parties (including us) generate revenue.

By design, we sit right in the middle of the VR market, giving us no conflicts of interest and instead allowing us to support and partner with every single type of business and initiative, in the rapidly growing and exciting field of VR. Anticipating the emergence of Augmented Reality in the near future, we are already negotiating with various companies gearing up to enter the AR market.

We have nurtured long-standing relationships and have a strong reputation with the three primary groups within the VR and AR markets: the users (people wanting VR/AR content for their devices), the developers of VR/AR apps (agencies and individuals creating apps) and thirdly the growing number of headset (HMD) manufacturers.

These different stakeholder groups are interrelated, and face friction and adoption obstacles that can be efficiently addressed by the integration of both blockchain and cryptocurrency technologies, for the benefit of themselves individually, as well as the market as a whole.

We have a clear vision and a defined plan to leverage our market position to introduce the de-facto cryptocurrency to power the entire ecosystem and utilise blockchain protocols to drive increased usage of VR/AR, create new (and needed) content, reduce copyright theft and super-charge new business models within the markets.

For a token to be successful, it needs to have participants (people willing to purchase and use it). We already have longstanding relationships with all key stakeholders in the VR/AR market, whose businesses will be greatly enhanced by our blockchain and cryptocurrency initiatives.

ICO Details

Pre-ICO token supply: 48,000,000 WVR
ICO token supply: 960,000,000 WVR
Total tokens for sale: 480,000,000 WVR
Soft cap: 2,000,000 USD
Hard cap: 30,000,000 USD

Legal

ICO Platform: Stellar
Country limitations: USA, North Korea
Registration country: Malta
Registration year: 2019

Token info

Ticker: WVR
Token price in USD: 1 WVR = 0.1 USD
Accepted currencies: BTC, ETH, XLM, USD, EUR
Token distribution:
Token Sale (50%)
Employees (12.5%)
Shareholders and Advisors (7.5%)
Airdrops and Site Usage Rewards (7.5%)
Ecosystem Partners and Users (7.5%)
Company/Marketplace Reserves (15%)
Funds allocation:
Company operations (30%, $9m): Operating expenses including salary and payroll as well as increased headcount primarily to strengthen our presence in Asia, Europe and the US
Marketing (30%, $9m): Increasing paid-for user acquisition, augmented by brand awareness and sponsorship
Tech and Dev (15%, $4.5m) : Staffing ramp-up to bring additional blockchain expertise in-house, coupled with trading systems talent
Content creation (10%, $3m): Development of first-party VR apps and the licensing of third-party IPs
App subsidies (10%, $3m): Subsidizing the cost of apps on our store to encourage usage of Weave by users
Other, Legals, Accounting (5%, $1.5m)

Weave ICO Roadmap

1
Q1 2014

Ideation

2
Q3 2014

Site goes Live

3
Q4 2014

100k Downloads

4
Q1 2015

Company formation in Atlanta, GA (as a LLC) and first round funding

5
Q1 2017

Second Round Funding

6
Q2 2017

1m Downloads

7
Q1 2018

First Chinese distribution contract signed

8
Q2 2018

Three additional Global (and Chinese) distribution contracts signed. 3m downloads

Project team

CEO, Founder of WEARVR in Weave ICO - 1
Nic Mitham
CEO, Founder of WEARVR
linkedin
COO in Weave ICO - 2
Andrew Douthwaite
COO
linkedin
CTO in Weave ICO - 3
Matthew Warneford
CTO
linkedin
Accounts in Weave ICO - 4
Caroline Gibbins
Accounts
linkedin
Full Stack Developer in Weave ICO - 5
Aleck Greenham
Full Stack Developer
linkedin
Head of Blockhchain Development in Weave ICO - 6
Patrick Mead
Head of Blockhchain Development
linkedin
Unity Developer in Weave ICO - 7
Steve Morrison
Unity Developer
linkedin
Graphic Designer and Animator in Weave ICO - 8
Alessandra Patania
Graphic Designer and Animator
linkedin
Quality Assurance Engineer in Weave ICO - 9
Jack Kirk
Quality Assurance Engineer
linkedin
Developer Liaison in Weave ICO - 10
Jon Byles
Developer Liaison
linkedin
Head of Partnerships in Weave ICO - 11
Stephanie Whitley
Head of Partnerships
linkedin

Advisors

Investor Relations, Strategy and China Market Expert in Weave ICO - 12
Feng Ze Yeh
Investor Relations, Strategy and China Market Expert
linkedin
Experienced Blockchain Expert in Weave ICO - 13
Tom Alcott
Experienced Blockchain Expert
linkedin
Experienced Blockchain Expert in Weave ICO - 14
Adrian Burden
Experienced Blockchain Expert
linkedin
Legal Counsel in Weave ICO - 15
Chetcuti Cauchi Advocates
Legal Counsel

Social media

Web-site Medium Telegram btctalk LinkedIn Twitter Facebook slack github

MVP

MVP URL

User rating:

5/5 ( 1 )

How-To get a verified ICO status

To pass the verification you need to place a our logo on the main page of your ICO's website and make an announcement of the listing in your social network accounts. Send us the email in reply with confirmation of the link placement.

Horizontal
Square
Light
Dark
Height: 50 px
Width: 160 px

Leave a Reply

Your email address will not be published. Required fields are marked *

Top-Rated ICO's

9.7
Verification off icon
Zoptax (ZPT) ICO
Zoptax (ZPT) ICO
Zoptax is truly decetralized VOIP application which provide complete security for its user when they are connected to each other using Zoptax Network. Becuase o ...
Start ICO Jun 15, 2019
End ICO Aug 30, 2019
Received Pending
Goal $ 3,400,000
9.6
Bounty Program iconVerification off icon
Faireum ICO
Faireum ICO
Faireum is a public blockchain for the online gambling industry.
Start ICO Jun 01, 2019
End ICO Jun 30, 2019
Received Pending
Goal Not Set
9.3
Bounty Program iconVerified
Bither (BTR) ICO
Bither (BTR) ICO
New Eco-Friendly and Layered Decentralized Economy
Start ICO Apr 20, 2019
End ICO Jun 28, 2019
Received Pending
Goal Not Set
9.2
Bounty Program iconVerification off icon
Cura Network ICO
Cura Network ICO

Cura Network is a global decentralized health system comprising of entities collaborating and sharing data with each other to promote, restore or maintain he ...

Start ICO Apr 07, 2019
End ICO Jun 24, 2019
Received Pending
Goal Not Set