ICO Project Wunbit (WUN)
Tokensale Start: 01/11/2019
Tokensale Finish: 31/07/2020
Wunbit is a platform that provides users with games of various genres, during the passage of which users can earn rewards in the form of cryptocurrencies. Game developers can provide users with a variety of unique items that they can purchase, and then share or sell them. Thanks to the use of Blockchain technology and smart contracts, all transactions on the platform will be safe and anonymous.
Business Model Overview Wunbit (WUN)
1. The validity of income
The project will receive income from various sources, such as: in-game user purchases, user subscriptions and sales of developed games. Users will be able to purchase a monthly and annual subscription. Each subscription will provide users with a certain number of WUN tokens. The project team plans to release a large number of games by attracting third-party developers, which will quickly scale the platform. Also, the project team does not plan to receive revenue from advertising on the platform, but this may change in the future.
2. Number of currencies accepted
The project accepts such liquid currencies as: BTC, ETH, LTC, BCH, BNB, XRP, USD, EUR.
3. Token emission
The project has a limited number of tokens. A total of 180 000 000 WUN tokens will be issued (p. 31 White Paper).
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 50% (p. 31 White Paper).
The provided flow chart shows the project goals until 2021 (p. 51 White Paper). After the ICO, the project team will allocate funds as follows: 50% - “Development of the project”, 20% - “Marketing”, 10% - “Reserve”, 9% - “Administrative and operating expenses”, 4% - “Legal expenses” , 4% - “Infrastructure development”, 3% - “Consultants”.
6. SOFT CAP / HARD CAP Ratio
The project has an excellent SOFT CAP / HARD CAP ratio, which increases its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 1 700 000 and $ 17 496 000, respectively (p. 31 White Paper).
7. MVP availability
The project has been developed by MVP.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token holders.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD