In early of this September WORDCOIN has been Official Announcement About their ICO plan in the most famous cryptocurrency forum: https://bitcointalk.org/index.php?topic=2152962.0
Let's have a short review about WordCoin together to find out why I say this is The most expected ICO in 2017
Word Expert - International decentralized platform for translation, copywriting, SMM, SEO and ORM services with payments in WordCoin
WordCoin present to you the world’s first financial blockchain-powered product – WORD.EXPERT (WE) – a multi-functional platform, enabling users to transact in WORDCOIN, a cryptocurrency supported by the services bring provided. Here, users can obtain the interrelated and completed services, reasonably unified in the frames of the platform, tasks:
WE will become the world’s largest, blockchains-powered copywriting platform. Using this system, the Customer will be able to order high-quality materials, while benefiting from assurances of smart contracts. The Customer will be able to order a wide range of services, including reviews, articles, press releases, booklets, etc. After he has selected the copywriter with the desired ratings and aligned with the same the price and terms for the order, the Customer will receive the fully completed job in the timely manner, approve the same, and transfer to the Contractor the WORDCOIN-denominated remuneration amount, stipulated by the contract. After that, the parties to the deal will be able to assign the ratings to each other’s accounts.
WE will become the world’s largest blockchains-powered translations platform. The Customer will be able to obtain the inexpensive and expedient translation services for their website, including subsequent proofreading by a native speaker. For instance, they will need only 15 minutes to order the translation of the website into 50 languages. This is a completely new
approach to the market in these services that is driven by decentralization and will help break down the borders between countries.
At WE, the Customer will be able to order the services for SEO optimization and website promotion, as well as any other webpages that are controlled by the same and contain the information about his company or the product, propelling them into the top positions in search engine results. Using the platform, the Customer will be able to manage the behavioral factors,
place backlinks from the webpages of popular site, leverage social media accounts and receive sustainable and high-quality traffic. Using the intuitive interface, the Customer will be able to look through the report on progress from the Contractor and approve the deliverables.
UNIQUE SERVICE, PROVIDED AT THE PLATFORM – “ORM REPUTATION MANAGEMENT”. The first three above-specified lines of work – copywriting, translations and SEO optimization – deliver a multiplicative effect and improved efficiencies in PR, when augmented by one other component – a suite of well-promoted websites, at which the Customer can rent pages and publish information.
WE platform serves as a meeting point for collaborators to come together in order to roll out easy or complex strategies, while winning from the easy and convenience of the intuitive interface and no need for agents. The site will have two major groups of users: the Customers, who place and pay for orders, and the Contractors, who deliver services for copywriting, translations and/or proofreading, text SEO optimization, sale of high-quality backlinks, and websites admins, where buyers can rent webpages and control the content on them.
Business Model
After the WE has been established and launched, the main objective will be to communicate information about the same and its advantages to the potential future Users. Our marketing specialists have developed a detailed plan that will enable to quickly attract new Customers, Contractors and Platforms, leveraging an active PR campaign across various countries and regions in specialized mass media, as well the less expensive parallel targeted PR activities among the Users, various isolated
freelance platforms, social media groups, Telegram, Wechat, Slack and other channels.
The number of newly registered Users will be constantly growing in the arithmetic progression, since, firstly, the WE platform will offer of unbeatable advantages as compared to other freelance channels, and, secondly, during the first months, all new Users, upon registration and successful completion of a job, will receive WORDCOIN-denominated bonuses, reserved following the ICO for these purposes.
After the number of Users has reached 5,000,000 within the first several months, the “word of mouth” effect will kick in and the WE platform will start developing on its own with the User continuing to actively use the system.
ICO Terms and Conditions
Amount of WORDCOINs to be distributed: 2,000,000 tokens.
This amount will be proportionately distributed among investors, who have transferred ETH to the
contract account. Thus, the fair market value of the token will be determined, using the formula:
N=V/2,000,00, where N is the conversion rate for 1 WORDCOIN against USD and V is the amount
of the raised funds, denominated in USD at the rates that are present on the data of pre-ICO
completion.
The investors who take part in the pre-ICO will receive the reward pro rata to their invested funds,
amounting to 3% from the raised ETH from ICO immediately upon its completion.
The delivery period for ICO – 1 week.
Start: 9/27/2017 at 10.00 a.m. across Greenwich. End: 10/04/2017 at 10.00 a.m. across Greenwich.
PRE ICO Bonuses
• The investors, entering the project at pre-ICO, will be rewarded with the proportionate amount
to their investment, equal to 3% from the amount of ETH, raised during the ICO right after it
ends.
• The investors, who enter during the first day of PREICO, will get bonuses, which will be
tallied based on the PREICO results and can reach up to 24%, namely:
o The investors, who enter during the first hour of PREICO, will receive their share of
WORDCOINs from 2,000,000, being sold at the PREICO stage, pro rata their
contribution + 24%.
o The investors, who enter during the second hour of PREICO, will get the surplus of
23%, during the third hour – 22% and accordingly down to 1%.
o Those investors, who buy for over 7 ETH, will get the additional amount of 10%.
• The bonuses will sum up on top of each other and surplus can reach up to 35% from those who
invest during the first hour of the PREICO.
ICO
5,100,000 WORDCOINs
Will be sold by the price, which will be defined during PRE ICO, but not less than $1 for 1 WORDCOIN. 1 week + 5% to the price, which will be defined during PRE ICO, but not less than $1 for 1 WORDCOIN.
Week 5 + 5%
Week 6 + 10%
Week 7 + 15%
Week 8 + 20%
Based on the ICO results the amount of 100,00 tokens will be distrusted proportionately as a gift.
All the WORDCOINs that were not sold during the ICO will be channeled to the platform support
fund and subsequently distributed as a bonus among all news Users who either register or place and
complete jobs on the platform.
Duration: 4 works.
Start: 10/10/2017 at 7 p.m. across Greenwich. End: 0 across Greenwich. 11/09/2017 at 7 p.m. across
Greenwich.
POST ICO
2,900,000 WORDCOINs
Attracting New Members to System – 500,000 WORDCOINs.
Attracting Partnering Sites – 500,000 WORDCOINs.
Augmenting with New High-Demand Services – 800,000 WORDCOINs.
Bonuses for First-Day Investors, Major Investors and Founders Share – 600,000 WORDCOINs.
Distribution of Rewards Based on Bounty Campaign Results – 500,000 WORDCOINs.
Technical Background
The concept of WordExpert platform is based on the two principles: independence and decentralization.
Independence: All business processes are powered by smart contracts and Ethereum-based, which makes them fully autonomous, safe, expedient and reliable. This system helps cut operating costs and intermediary fees, prevailing at conventional freelance platforms. In contrast to other platforms, all payments at WE are carried out automatically, open for anyone to see and verify and pose no risks that might arise due to the engagement of agents. WordExpert is a self-sustaining system that requires no external guidance.
The conventional online businesses that have a centralized architecture are prone to high costs, malicious tampering and onerous financial regulations. The decentralization enables WordExpert platform to reduce the need in multiple payments, while also taking down administrative barriers and cutting costs that arise out of ineffective accounting practices and overlapping functions. In addition, it reduces the risk of fraud.
Smart contacts help prevent any tampering by third parties with transparent processes that might run for a lengthy period of time and are always open for a check by any other member. No breach will go unseen and accounts of complicit users will be immediately blocked. The platform will have a robust authorization and authentication system, as well as an automatic system that enables users to check for compliance with the platform rules.
More info read their Whitepaper
From these information we believe WORDCOIN will be very potential project with highly return to all investors/
Our rate for WORDCOIN ICO: 4.3/5
You can touch them via:
https://wordcoin.io
https://www.facebook.com/wordcoin.io/
https://twitter.com/wordcoin_io
https://t.me/wordcoin
https://github.com/WORDCOIN
https://wordcoin.slack.com/
Bitcointalk
Author:
Username: cryptovn83
Bitcointalk profile: Here
