A company intends to change the ways of standard advertising by making a platform called WeBuy. The concept is to let what the organization calls"buyers" to determine when and how the sellers of distinct products can attain them on-demand.
Shopper in the Middle
WeBuy considers that annoying online ads are one of the problems of this contemporary marketing marketplace . Rather than increasing the attention of potential buyers, they still get exactly the opposite effect. The business considers its product can alter the way buyers and sellers now communicate by placing the potential buyer in the middle of the procedure.
The business says that the possible buyers are able to choose whether or not they wish to find an ad about the WeBuy platform. They produce a more SellMe profile and specify the products or services they may want to purchase.
The characteristic referred to as"SellMe" lets sellers to localize prospective buyers that have expressed interest in a vendor's products. Users produce a profile when they want to purchase a thing, and the info is subsequently delivered into WeBuy sellers. The sellers located in the buyer's geographical area will receive the SellMe profile of the possible purchaser and will then reach out with them.
Without a commitment required to actually buy the item, the buyers get rewarded in WBY tokensonly for being contacted with the vendor. The buyers invite shops to join the platform , after accepting the invitation, the sellers join the BRN. Each time a vendor pays for advertisements on WeBuy, the user who encouraged this corporation will find a share of this payment.
The platform will be linked to the public Stellar network and also the WeBuy blockchain. The sharing model relies on a intelligent contract.
The startup guarantees that users have complete charge of their privacy and the data about them is never shown to the vendors or any third party. The data and the performance records will be stored on a person, decentralized blockchain.
Geolocation and targeting
WeBuy highlights the platform permits the vendors to achieve their audience quicker. When the consumers choose to observe the advertisements by themselves, it aids the sellers target the ideal industry.
Additionally, the sellers get rewards of their own, too. They're invited to join BRNs via a particular grant, which will be valued at $500 in advertising credits.
"Revolutionizing the market sale format"
Back in Q1 2019, the business intends to release a full scale pilot of this platform . The first variant will have basic functionality. The initiation of the system's full version is scheduled for Q2 2019, as well as incorporating social network characteristics, anti-fraud systems and complete Stellar integration. WeBuy has also announced adding seller-extended attributes, such as background support, networks of stores, community-based stores, Know Your Customer identification and customer-relationship administration. WeBuy intends aim at additional stage integration, such as Google Home, WIX and Shopify.
The startup claims it is revolutionizing the token sale format by making Production Oriented Token Sale (POTS) rather than traditional initial coin offerings (ICOs). The business is presently creating and distributing WBY utility tokens. The market sale will be divided into several sales according to crowdfunding. There will be specific tasks defined for every POTS period, which needs to be completed during a given time frame. Implementing POTS is designed to help lower the challenges that the businesses and their investors face within an ICO. As an example, there can be too little transparency regarding capital spending or raising capital that's not directly associated with the startup's present business needs.
The total source of the WBY tokens will be 1 billion. The consumers can buy WBY using fiat and cryptocurrencies.
The tokens will"belong to the public," therefore the vast majority of all WeBuy's digital currency won't be manipulated by any legal entity. WeBuy aims to be"completely open source" and also to function autonomously.