WeToken

WeToken

The concept behind the UICO is a global wi-fi network based on privately owned and owners may offer free Internet access and earn cryptocurrency through Internet advertising

7.8
Token Sale ended
18 Apr, 2018
$1,775,993
of
$3,000,000 (59%)

WeToken Info

Ticker:
WT
Token Type
ERC20
Fundraising Goal:
$3,000,000
Received
$1,775,993 (59%)
Price
1 WT = $0.10
Sold on Pre-sale
43%
Total Tokens
600,000,000
Token Available for Sale
258,000,000
Whitepaper
Yes
KYC
Yes
Country
Singapore
Industry
Wi-Fi Services
Blocked Countries
USA
Accepting
ETH

Pros & Cons

  • Concept uses a proven and often profitable market sector
  • Does have long term potential growth opportunities
  • Potential for ongoing growth
  • Hassle free purchase of coins
  • Lots on interest from early investors
  • More of a long-term investment
  • May need further ongoing development
  • Large team required for project
  • Ongoing costs may be involved
  • Large white paper and roadmap

Features

The concept behind the UICO is a global wi-fi network based on privately owned and owners may offer free Internet access and earn cryptocurrency through Internet advertising

Overview

Companies that are involved in the communications industry do often have a very good chance of reaching their soft and hard caps regarding raising funds from initial coin offerings, for they often offer a very clear concept that many people can understand and embrace.

That is exactly what is being offered by WeToken, and it is the Wi-Fi environment they are hoping to make their mark and offer something I do not think is being offered anywhere else, and if it is then I have never heard of any other companies or come across them.

Using a private network of users of their Wi-Fi product and then by offering them the chance to offer free internet connections and fund it on an ongoing basis through advertising it certainly something that will appeal to a lot of people.

Team

Members

  • Ilya Yashin (Co-Founder & CEO)
  • Yan Sepiashvili (Co-Founder)
  • Dmitry Koleznev (Chief Operation Officer)
  • Larry Cameron (Technical Information Security Officer)

Conclusion

The things that you are going to have to factor into whether you should invest in WeToken or not is of course the concept, but also is there going to be enough advertisers who will be prepared to pay for advertising once it goes live.

Any initial coin offering that is being offered that is going to rely on income channels derived from advertising do always come with risks attached, for advertisers are only ever going to want to place their adverts if there is a chance of their adverts being seen by a huge number of people.

Having said that however, I can see many companies who will be interested in paying for targeted adverts to a certain audience, and that is something that can be done extremely easily especially when the medium the advertisements are being shown is online and via the internet.

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