wys: Blockchain-powered mobile shopping
Imagine browsing through thousands of online shops with just a single button
Founder / CEO Google, SV Entrepreneur
Founder / CTO Deutsche Bank, Microsoft
Dr. Ann-Lauriene Haag
Founder / COO McGill Physicist, Caltech
CMO BBDO, Heimat Berlinhttps
Head of Creations Heimat Berlin
Business Development Hasso-Plattner-Institute
Machine Learning TUM / Groupon
Head of Retail Maastricht University
Community Manager Crypto Investor
Smart Contracts / ICOs Co-Founder Vaultoro.com
Wallet Systems / Ledgers Cryptocurrency Advocate
Frontend Development Co-Founder Inspace.io
Frontend Development Inspace.io
Platform Development Co-Founder Inspace.io
Platform Development Co-Founder Inspace.io
UX & Motion Design Co-Founder Monolytic.net
Art / Interaction Design Co-Founder Monolytic.net
Business Development Ex-Google, YouTube
Corporate Communications Chief of Staff at WATTx
Chief Editor Ex-Grey Germany
Content / Social Media Macromedia MHMK
Investor / Legal Council Fintech, Legal Expert
Investor / Advisor Viega CSO
Dr. Zeno Schumacher
Advisor / DB Structures McGill Physicist, ETHZ
Advisor / Analytics BCG Gamma
Dr. Ulrich Keunecke
Advisor / Corporate Law Partner KPMG-Law
Advisor / Corporate Law KPMG Smart Start
- Crowdsale (60%)
- Strategic Partners (5%)
- Team (25%)
- wysker users (10%)
- Development the wysker Platform (35%)
- AdPlatform (25%)
- Marketing (15%)
- Partnetship (10%)
- Contractors (10%)
- Administration (5%)
Cost of the token13941 tokens for 1 eth
Price without discounts
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Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users3
It's a promising project that uses blockchain technology for shopping in numerous online stores with one button click on a mobile phone. Also, the distributed technology allows you to maintain control of the user's data without leaving them all over the Internet.
Risks and disadvantages
The project has some cons, such as an ill-conceived integration of the application with online shops, lack of control over payments and commissions when transferring. But generally, the project is interesting and relevant.
Without a doubt, this project merits attention, and in dealing with some problems it will become successful in the short term. This is not a new idea, but the team was able to use certain solutions that favorably stand out this project among the rest.
Authoritative sources have information about the project, it increases the credibility of the project. The project has a modern website, which has a lot of information about the project, there is whitepaper and a road map, investors can learn more about the ICO project. Using blockchain, the project protects customer data, stores transactions between users, advertisers and retailers, making the entire process more secure and transparent.
Risks and disadvantages
There is no information about the freezing of team tokens, it raises doubts about the honesty of the project, as they can sell them and bring down the cost of the tokens. Also there is little information about the team's experience, traffic statistics show a decrease in interest in the project, the marketing team is working poorly.
View thousands of online stores in just one button is a very useful and promising business idea that saves users time. There are prerequisites to the cost of tokens, the project already has an released application for Android and then is released for iOS. The project team needs to better do the advertising campaign to attract more investment.
The advantage could be eradication of potential fraud, as shopping would be done on Blockchain technology.
Risks and disadvantages
No information about the partners. Without them the following platform cannot exist.
The existence os the application on Android is a plus, however It would be difficult for the platform to compete with such giants as Ebay, Amazon, etc.
Why an ICO and not traditional VC funding?
Traditional VC funding excludes individuals and smaller businesses, plus it's a highly centralized method of fundraising. That's why we choose an ICO. We want to give the entire community a chance to benefit from the growth of the wysker Platform and share the opportunity with a wide range of investors. In particular because we believe in the wisdom of the crowd and the potential of decentralisation.
What does the wys Token stand for and what is it?
The wys Token (WYS) is an ERC20 utility token that is the new unit of exchange for commerce used on the wysker Platform. It gives advertisers access to potential customers, users discounts for giving access to their data, and retailers a chance to grow their sales. For investors, the wys token is an opportunity to gain early ownership a token that becomes the new unit of exchange for digital commerce. To learn more about how the wys Token and the wysker platform works, see our whitepaper.
How is the blockchain integrated in the wysker Platform?
The blockchain acts as a security and protection layer for getting access to potential customers. On top, it stores the transactions between users, advertiser and retailers, making the whole process more secure and transparent. It powers our new concept for digital commerce: advertising based on consent.
Are wys Tokens transferable?
wys Tokens are ERC20 compliant tokens which are freely transferable under the Ethereum network upon collection of token.
What do wys Tokens represent?
The wys utility tokens are intended for use on the wysker Platform. Ownership of the tokens carry no rights other than the right to use them as a means to obtain services on the wysker Platform, and to enable usage of and interaction with the platform, if successfully completed and deployed. The tokens do not represent or confer any ownership right or stake, share or security or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the wysker platform, and/or wysker and its affiliates. The tokens are not refundable and are not intended to be a digital currency, security, commodity or any other kind of financial instrument. Additional information regarding the utility of the wys Token is available in the terms and conditions.
Where can I view the whitepaper?
The wysker whitepaper can be viewed here.
How do I view wys Tokens in my wallet?
You can view your wys Token balance in your non-hosted Ethereum wallet that supports ERC20 tokens by watching the WYS contract.
wys TokenSmart Contract address: 0xd8950fDeaa10304B7A7Fd03a2FC66BC39f3c711a
Number of Digits: 18
Which wallets can be used to store wys Tokens?
The wys Token is an ERC20 token, and can be stored in ERC20 compatible wallets. We do not recommend a particular product, but some users report storing their wys Tokens using a Ledger Nano S hardware wallet and MyEtherWallet.
Will I lose my wys Tokens after 6 months?
The wys Token is built upon the ERC20 token standard. As such, any purchased wys Tokens are not subject to a 6-month "use it or lose it" policy.
I transferred some wys Tokens from one wallet to another and it never arrived. Can you help me?
We don't maintain, or have any control over, the wallets where you choose to store your wys Tokens, so we can't help you directly. However, we suggest that you contact the wallet provider for both the source and destination and ask for their help. In particular, if you have a transaction-identifier (txHash) we suggest you include that in your query.
When is the start of the ICO?
The ICO launches on 2018/01/31 at 14:00 (UTC) and will end on 2018/02/28 at 14:00 (UTC) or upon reaching the hardcap of 12'000 ETH.
What cryptocurrencies are accepted during the sale?
We accept only ETH during both our presale and sale. If you would like to invest using alternative cryptocurrencies, they need to be exchanged for ETH first.
What is the wys Token distribution?
A total of 362'460'000 wys Tokens will be issued of which 217'476'000 will be offered during the Token Sale. No additional wys Tokens will be issued at a later stage.
What is the hard and soft cap during the Token Sale?
The hardcap is set at 12'000 ETH. There is no softcap.
What is the value of wys Tokens sold?
The current exchange rate (considering active discounts) is 1 ETH = 15'335 WYS.
What is the wys Token smart contract address?
Please click here to reveal the smart contract address.https://www.wystoken.org/index.html?sale=1
How will wys Tokens grow in value?
wys Tokens will grow in value with a number of significant events. Shortly after the ICO is the launch of the wysker App, here's the first time investors can expect a sudden growth in value as adoption rates are shared and more confidence in the platform is reached. After that, our planned milestones will impact the growth further. Success stats, consumer happiness, and the implementation of new technology will all contribute. The biggest expected thereafter is the implementation of the wysker AdPlatform. Then global advertisers have to use wys Tokens to market their products, increasing the wys Token value exponentially.
How will wysker use proceeds of the Token Sale?
We’ll use the proceeds for the following purposes: 35% of the Token Sale funds will be allocated to developing the wysker Platform. This includes backend, technology and frontend developments. A further 25% will be invested in developing the wysker AdPlatform, our advertising service for global brands. Another 15% will be used to cover Marketing costs, that are used to advertise and expand the wysker Platform globally. 10% are used for develop our business and sales network, and another 10% for acquiring additional expert knowledge in AI and machine learning. Lastly, 5% are reserved for security, legal and accounting expenses.
Will wys Tokens be listed on exchanges?
Yes, wys tokens will be available to trade on exchanges.
Are wys Tokens instantly transferable or is there some kind of lockup period to them?
No, wys Tokens become transferable after the token sale has ended, either on 2018/02/28 at 14:00 (UTC) or upon reaching the hardcap of 12'000 ETH.
How does the Token Sale work?
The Token Sale will be administered by an Ethereum smart contract which will create the wys Token and exchange them for Ethereum (ETH). The code of the smart contract is public and available on our GitHub.
What is the Token Sale bonus structure?
During the Presale a 30% bonus in wys Tokens will be added to every purchase. During the Token launch the following 4 bonus steps are applied: 15% bonus during week 1, 10% bonus during week 2, 5% bonus during week 3, no bonus during week 4.
What happens with unsold tokens?
Unsold tokens will be burned after the token sale. To fully protect the wys token economy, tokens that are not for sale will also be burned proportionally.
What happens if I can’t contribute ETH or don’t receive my wys Tokens?
The wys token is ERC20 compliant and its smart contract runs on the robust Ethereum network. Nevertheless, wysker UG (haftungsbeschraenkt) cannot warrant the availability of smart contracts. These contracts are therefore being provided on an “as is” and “as available” basis without representations, warranties, promises or guarantees whatsoever of any kind made by wysker UG (haftungsbeschraenkt).
Can US Citizens, Residents or entities participate in the Token Sale?
The sale is not open to US citizens, residents or entities because of some of the logistical challenges associated with differing regulations in the many states of the United States of America. wysker does not believe that the distribution of wys Tokens or the wys Tokens themselves are securities, commodities, swaps on either securities or commodities, or similar financial instruments. The wys Tokens are not designed for investment or speculative purposes and should not be considered as a type of investment. Nevertheless, U.S. citizens, residents and entities should not purchase or attempt to purchase wys Tokens. Crowdsale participants must digitally sign a statement that they are not a US citizen. Our token will be tradeable after the sale. Interested US participants could buy them on the secondary market.
Is wysker hiring?
Yes, we are actively looking for great talent to expand our team. We are based in Berlin, Germany and would love to have you on board. You can send your CV / LinkedIn to [email protected]
How can a retailer be listed on the wysker App?
Retailers that are listed on the wysker App are selected carefully. As the user base will grow, more and more retailers will be added to the wysker Platform. To get listed early you can reach out to [email protected] and request to be included.
Where can I download the app? Is it free?
The wysker App is free and will be available on Android and iOS shortly after the ICO. If you want early access, please visit www.wysker.com to sign up with your email.
How do I report a security issue?
Security is our top priority. If you discover an issue that we’ve overlooked, we’d love to get in touch with you. Just shoot us an email to [email protected] Many thanks in advance.
Can users buy products that they discover on the wysker App?
Absolutely! This is one of the perks of the wysker App. Every item that you see is buyable as it links directly to the respective online store. A simple double tap on the image and a user enters the store.