Website

WeBuy

ICO

Published: Jul 24, 2018

WeBuy builds an ecosystem for Buyers & Sellers. In this ecosystem, Buyers’ needs are all what matters. Buyers set rules and conditions to be contacted by Sellers which can offer their best products and prices.

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Overview

Project industry	Commerce & Retail
Product type	Ecosystem
Whitepaper	Open

What is WeBuy

WeBuy is a way for online commerce, enabling SMEs to start selling online, quickly, simply and at minimal cost. WeBuy is based on two main concepts:

Sellers pay to communicate with Buyers who express interest in specific products. Buyers receive a share of the advertising fees paid by Sellers.

Sellers always are a part of a Virtual Marketplace established by an individual Buyer who recruited it to WeBuy.

Sellers are invited to join WeBuy by individual Buyers who know them and have confidence in them. By accepting the invitation Sellers join the Buyers Virtual Market Place. That means that whenever the Seller pays for advertising on WeBuy, the introducing Buyer receives a share of the advertising cost. So, Buyers find the products they want, at the best price, and Sellers can reach potential customers who they know are interested in their specific products. WeBuy Tokens (WBY) are integral part of the main Stellar network.

Details

Public sales: Jan 07, 2019 - Feb 16, 2019
Token supply: 300,000,000
Soft cap: 5,000,000USD (fiat)
Hard cap: 25,000,000 USD(fiat)

Legal

Registration country: United Kingdom

Token info

Ticker: WBY
Type: Utility-token
Token price in USD: 1 WBY = 0.25 USD
Accepted currencies: BTC ETH USD
Token distribution:
53% - Joining Grant
30% - Token Sales
12% - Team
5% - Advisors
Funds allocation:
39.87% - Marketing
32.53% - Operational Tasks
14.37% - Development
12.63% - Administrative