weeMarketplaceAccessToken logo
WebsiteProbit Launchpad

weeMarketplaceAccessToken (WMA)

ICO
IEO

By adopting blockchain technology, the weeGroup is aiming to enhance its existing, fully operative cashback business model, as well as expand its capabilities by including increasingly widespread technologies such as mobile payment.

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Overview

Project industryCommerce & Retail
Product typeCryptocurrency
FoundedSwitzerland
WhitepaperweeMarketplaceAccessToken White Paper Open

What is weeMarketplaceAccessToken

The weeNexx AG is part of the weeGroup, an operative group of twelve companies under the ownership of the Swiss Fintec Invest AG, Kreuzlingen, Switzerland, and is the company which is responsible for conducting the wee Initial Token Offering (ITO) and issuing the weeMarketplaceAccessToken (WMA).

The weeGroup has developed a well-known global shopping community and cash payback system under the brand name wee; this weeCommunity combines renowned brands and local retailers on its online platform. wee offers an innovative alternative to conventional loyalty programmes that motivate customers to collect loyalty points when making purchases. Instead of providing points which can only be used in shops of a certain company or group of companies, weeUsers receive cashback which can be applied to an open, multi-dimensional system with hundreds and thousands of connected partners (retailers, servicers), and can even be withdrawn in the form of real cash.

The weeGroup maintains a pan-European mobile cashback shopping system that is networked with online and offline local retailers through its Marketplace. These retailers provide their customers with a certain percentage of cashback on each purchase or service paid in cash, which immediately gets credited to the respective customer’s weeCard or weeApp and is usable for any purchase made at offline partners with this card (in accordance with the respective legal requirements).

Furthermore, the weeCard allows for cashbacks to be converted into real cash pay-outs, making it highly attractive and different from more widely used loyalty and bonus programmes.

The weeMarketplaceAccess Token, which is the key element of the weeEcosystem, offers the opportunity to participate in the wee cashback system and the wee Marketplace where income can be generated through:

  • cashbacks received;
  • referral fees received;
  • if a customer introduces a new retailer to the wee Marketplace;
  • a percentage of all purchases made by a new member brought into the community by a merchant at any other merchant;
  • Details

    Public sales: Jan 25, 2020 - Feb 15, 2020
    IEO (Probit Launchpad): Feb 03, 2020 - Feb 07, 2020
    Token supply: 20,000,000,000 WMA
    Total tokens for sale: 10,000,000,000 WMA
    Soft cap: 10,000,000 EUR
    Hard cap: 100,000,000 EUR
    Raised: 45,000,000 EUR

    Legal

    Blockchain Platform: Ethereum
    Registration country: Switzerland
    Registration year: 2018
    Office address: Burgstrasse 8 CH–8280 Kreuzlingen Switzerland

    Token info

    Ticker: WMA
    Type: Utility-token
    Token standard: ERC20
    Token price in EUR: 1 WMA = 0.01 EUR
    Accepted currencies: BTC, ETH, EUR
    Token distribution:
    Private sale
    Funds allocation:
    Marketing and Sales - 25.00%
    Business Development - 35.00%
    Business Operations - 28.00%
    Platform Development - 10.00%
    Legal and Consulting - 2.00%

    weeMarketplaceAccessToken Roadmap

    1
    Phase 1

    Transition to blockchain The first phase will focus on the transition of the current business and application onto the blockchain.

    2
    Phase 2

    Expansion to stable coin and financial services Development of the stable coin, expansion of the user base and wee’s list of financial services.

    3
    Q1-Q3 2018

    Project evaluation and preparation

    4
    Q4 2018 - Q3 2019

    Private sale "Family & Friends"

    5
    Q3 2018 - Q3 2019

    Finalisation of strategic and legal documents and technical structure of the ITO

    6
    Q4 2019

    Private sale II

    7
    Late Q4 2019

    Public presale

    8
    Q1 2020

    Public sale

    9
    2020

    The current business model shall be completely migrated to the blockchain. weePayCoin shall be implemented. Notable expansion is planned in Western Europe and other regions. wee platform will open to loyalty programmes of third parties in 2020, which trade with other types of bonus programmes – such as frequent flyer miles. wee will apply for the relevant licenses in order to offer different financial services.

    10
    2021

    wee plans to expand to Asia, America and Africa. At this time, wee should be a proven payment solution and will aim to receive its own bank licence. Many people without a personal bank account could be reached in this way, so that they can take part in the financial ecosystem and so that doors can be opened for them that were once closed. At the same time, wee plans to concentrate heavily on the implementation and operation of smart data as a main driver for further business development.

    Project team

    Dr. Leo Thomas Schrutt
    Dr. Leo Thomas Schrutt
    Chairman of the Board
    Dr. Leo Thomas Schrutt linkedin
    Rolf Gehriger
    Rolf Gehriger
    Legal Adviser / Representative of Small Shareholders
    Rolf Gehriger linkedin
    Tobias Engelsberger
    Tobias Engelsberger
    Chief Technical Officer
    Tobias Engelsberger linkedin
    Dr. Judith Behr
    Dr. Judith Behr
    Chief Operating Officer
    Dr. Judith Behr linkedin

    Social media

    weeMarketplaceAccessToken web-siteweeMarketplaceAccessToken RedditweeMarketplaceAccessTokenYouTube

    5 Responses

  • YanickDecember 29, 2019 at 12:06 am

    WMA seems a very good project. How to pourchasse Token ?

    Reply
    • RobertJanuary 16, 2020 at 7:00 pm

      Hi Yannick, I´ll help you- How can i contact you ?
      greets

      Reply
  • Rex VulgarisFebruary 25, 2020 at 2:25 pm

    ANOTHER MLM ponzi scam coin

    Reply
    • MasterJuly 2, 2020 at 9:05 pm

      stupid comment, you have no idea

      Reply
  • SimonaNovember 11, 2020 at 1:56 am

    Can I sell my WMA tokens?

    Reply
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