INTRODUCTION
WatchUGot is an Ethereum based social networking app that provides users with the tools and platform to develop community fundraising campaigns. We combined the crowdfunding components of GoFundMe with the social aspects of Facebook and Instagram on a blockchain. WatchUGot allows users to create and participate in fundraising initiatives for meaningful causes, while being rewarded with real cash-value in the form of our WUG tokens.
The errand of incorporating and giving pay to move altruistic commitment is overwhelming and requires talented designers and an adaptation arrangement of high utilitarian incentive to keep up financial suitability.
WatchUGot and WUG tokens give such a framework, by joining parts of our heritage form and applying a tokenized motivation demonstrate with virtual, physical and non-fungible merchandise (identifications/things) to straightforwardly grant network members and beneficent associations.
WatchUGot is a blockchain-based social test stage that encourages network working through social philanthropy activities and prizes members as replaceable digital money capital.
TARGET AND MOTIVATION
To build up a stage that would give clients the devices to create network driven philanthropy activities to profit great motivations. We likewise try to give presentation through social mindfulness crusades and teach network individuals through the immediate and down to earth uses of blockchain based advancements.
Besides, we were propelled by the phenomenon of viral-challenges and gave the chance to present a novel methodology and fun item to advance network driven, magnanimous activities. Our application is intended to encourage all inclusive utilize and compliancy for all business sectors, with expectations of moving philanthropy and moral mindfulness towards the advantage surprisingly.
THE THREE TOKENS
Non-fungible Token (ERC-712) - Tokens related with mint-capable, extraordinary things (identifications/virtual merchandise) granted to clients for finishing difficulties, accomplishing positions and for advancements. Tokens are independently remarkable, go in irregularity (i.e. normal, remarkable, uncommon, extremely uncommon) and can be gotten in return for FIAT (USD/EURO) monetary standards, WUG, or RIVL Tokens.
WUG Token (ERC-20) - The essential cash for WatchUGot, granted for culmination of objectives, supported difficulties, accomplishments and special cooperation. Replaceable for other crypto/FIAT monetary forms and in addition takes an interest in auxiliary markets. WUG-Tokens can likewise be traded for one of a kind, non-fungible products (uncommon things, identifications) additionally redeemable for physical things (shirts, attire, gift vouchers and more) in qualified markets (crypto-trades).
RIVL Token (ERC-223) - An inflationary, to the WUG token. RIVL Challenge tokens are granted related to WUG tokens for finish of occasions, assignments and regulatory activities (New-User Registration, companion referral, upvotes and so on.) Used as an air-droppable token that keeps up no money esteem and can be obtained/skilled by means of in-application shipper installment and traded for select lower-level (normal/unprecedented) non-fungible things.
WUG TOKEN
WUG was planned with the aim to upgrade the client's involvement by giving important esteem and remunerating clients for dynamic interest.
Qualified clients can buy WUG and RIVL tokens specifically from the WatchUGot store or get them as remunerations for errand finishing and network movement investment. Clients may trade their tokens for money esteem, crypto, virtual/physical merchandise in our store, or give them straightforwardly to altruistic establishments.
The Ethereum (ERC-20) WUG token is the official coin for use with the WatchUGot store and amusement condition. WUG is the essential, local money for virtual and physical things traded on the WatchUGot application. It is additionally the selective money for gifts made toward magnanimous causes and the main token redeemable for money esteem.
We buy in to the thought, "It's not the amount we give, but rather how much love we put into giving" - Mother Teresa. Thusly, WUG tokens give a medium and fiscal incentive for gifts to magnanimous causes and keep up a retail confront esteem.
We were interested with viral activities like the "Ice can test", yet watched the absence of structure and powerlessness to specifically give to the reason as noteworthy inadequacies. The WUG token, related to the WatchUGot stage
maintains a strategic distance from these entanglements by giving a local cash, network directed arrangement and regulatory oversight that take into account altruistic battles to succeed.
WUG uses the refreshed ERC-20 token configuration as the for the most part generally utilized utility-standard, planned for all inclusiveness and incorporation with auxiliary market wallets. In contrast to the RIVL token, WUG is accessible for exchange to digital money trades (like Binance, HitBTC or Huobi) for qualified clients living outside of the US, China and South Korea.
TOKEN ALLOCATION OVERVIEW
WUG ERC-20 tokens will be issued in return for Ether by means of smart contract. The printed supply will be 1,000,000,000 (One Billion) WUG-tokens.
Pre-ICO stage will allow the offer of 4% of the aggregate supply (40,000,000) WUG tokens to early financial specialists at a marked down beginning rate ($0.04/WUG token) ICO Crowdsale stage will assign 6% (60,000,000) of the token supply, in endeavors to meet the 36,200 ETH/±$8,107,000 hard-top (3,908 ETH/±$876,000 delicate top) at an underlying rate of ($0.08/WUG token)
A. 25% - Allocated to the hold token reserve to encourage trades and give showcase liquidity.
B. 15% - Founders, colleagues and counselors (vested with half year development dates).
C. 10% - Promotions and accomplice commitment (supported crusades).
D. 15% - Charity association support for beneficent commitment, advancements and battles.
E. 20% - Grant assets for network members, motivators and focused on crusades.
for further information, please visit;
WEBSITE: https://medium.com/r/?url=https%3A%2F%2Fwatchugot.co%2F
STEEMIT: https://medium.com/r/?url=https%3A%2F%2Fsteemit.com%2Fblockchain%2F%40decayboy%2Fwatchugot-blockchain-based-social-networking-app-set-to-ico
TELEGRAM: https://medium.com/r/?url=https%3A%2F%2Ft.me%2Fwatchugot
TWITTER: https://medium.com/r/?url=https%3A%2F%2Ftwitter.com%2FWUG_Crew
FACEBOOK: https://medium.com/r/?url=https%3A%2F%2Fwww.facebook.com%2Fwatchugotapp
Authored by Shaye
https://bitcointalk.org/index.php?action=profile;u=1711180
Eth ID. 0xc2B9fc19158f346082995409ad7015146D8A46CD
