WULET is a platform that will provide its users with the opportunity to receive cashback from everyday purchases in the form of cryptocurrency. This platform will make possible the management and exchange of bonus points between loyalty programmes of various companies. This will allow the client to always have at hand the points they most need.
Why do we use blockchain technologies?
Despite the growing popularity of cryptocurrencies, only a few people have them at their disposal.WULET has as its main goal the popularization of cryptocurrency as a common payment instrument.
The popularization of cryptocurrency as a common payment instrument is one of the main tasks of
Besides this, blockchain technologies will allow:
- To create a cryptographically protected system of mutual payments that will lower the risks of fraud in the field of loyalty systems;
- To increase the users’ trust in the WULET platform by guaranteeing the transparency of its activity and the use of smart-contracts.
Key capabilities of WULET
- A transparent system of the receipt of cashback in WU tokens: all contractors provide their clients with unified conditions;
- A quick way to accumulate bonus points: the bonuses from different contractors are accumulated in a unified WULET cryptobalance;
- Various opportunities to use the WU tokens: the marketplaces that accept WU tokens as a payment instrument, exchange for other cryptocurrencies on different exchanges, conversion to fiat money;
- A very simple, fast and safe way to get cryptocurrency for everyday activities;
- A quick launch of loyalty programmes by сontractors: all the necessary infrastructure is now available
WULET Platform
WULET is planning to launch two models of activity: one with a unified WU-token and another with an internal loyalty exchange.
Unified WU-token
Companies will purchase WU-tokens and decide on the number of tokens that will be awarded to clients as crypto-cashback.
Partners will be able to choose the way they will employ WULET:
- Award clients with WU-tokens without the opportunity to use them at the partnering establishment. This program would only be aimed at encouraging users to visit the establishment.
- Award clients with WU-tokens and accept them as payment. In this case, the partners would attract new customers – those that have WU-tokens.
- Clients will be able to use WU-tokens to exchange them on an exchange and purchase goods at the WULET partner establishments, or in the WuShop.
- Companies will be able to pay for additional services, such as banners on the system applications, advertisement or push-notifications, in WU-tokens.
Internal loyalty exchange
- This system will allow customers to decide what bonuses they need, and companies to keep those loyalty programmes that are already well-known and loved.
- Businesses will be able to advertise their bonus programmes, increasing brand awareness.
- Establishment of an internal exchange will attract major market players.
- WULET will charge a commission from customers for purchasing the bonus points on the exchange.
Crowdsale stages
It will be possible to withdraw tokens to any ERC20-compatible wallet after the end of all the stages of the campaign.
- Token price:1 WU = 0,001 ETH
- Pre-sale start:07/05/2018
- Main stage:3Q2018
- Softcap:8 000 ETH
- Hardcap:49 000 ETH
Token distribution
4% bounty
10% strategic partners
16% team
70% crowdsale
30 Circulating assets
30 Marketing
25 Platform development
10 Legal aspects
5 User support
Attracted funds distribution
30% — circulating assets for continuous work of the platform with contactors and maintenance of work of the in-built marketplace;
30% — marketing, promoting, localization and adaptation of the project for the regions of its presence;
25% — platform development center;
10% — legal aspects;
5% — contractor and client support.
More Info
Website: https://wulet.io/
Whitepaper: https://wulet.io/wu_pres_en.pdf
ANN: https://bitcointalk.org/index.php?topic=3914798
Telegram: https://t.me/wulet_io
Twitter: https://twitter.com/wulet_io
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Medium: https://medium.com/@wulet.io
My Profile: https://bitcointalk.org/index.php?action=profile;u=934017