ICO KYC Report
4 members invited
About WhatsOnPic
WhatsOnPic token (AWT) is the world's first token secured with working business model and growing audience of E-commerce market. Our business model allows members to interact with the platform and get incentives in AWT tokens. Members of the WhatsOnPic community will earn tokens when the purchase takes place through the posts that they tagged.
We will encourage the use of tokens that can be traded, redeemed and used for services within WhatsOnPic platform. The value of AWT tokens will be enhanced over time due to the development of the service and the increasing number of users who will raise the demand for tokens. This will allow our participants to get more rewards and benefits.
WhatsOnPic will let users tag any photo on the Internet and social media networks with the iOS, Android applications as well as with browser extensions. Artificial intelligence algorithms will allow recognizing the products in the photo as well as all the duplicates of this photo on the Internet. By tapping the desired product in the picture, the user will see more information about the product and get links to the stores to proceed to purchases.
Members earn AWT each time when a purchase is made from the publisher's post.
Whitepaper
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Ratings
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Igor Karavaev
ico and sto advisor
Rated on Oct 31, 2018
Rated on Oct 31, 2018
4
4
4
20%
We need more projects like this as the market is huge. The team needs some reinforcement of course. Good project if well implemented. MVP available. Unusual incorporation for ICOs - Australia
+1Agree
+1
Disagree
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Miruna-Maura Barbulescu
Entrepreneur, Author and Marketing Specialist
Rated on Oct 18, 2018
Rated on Oct 18, 2018
3
5
5
16%
I have studied the information provided by them on ICO Bench, their website and I have read their White Paper.
The fact that they have an MVP is another sign that they are committed into making this project reach its true potential.
Their White Paper is investor friendly and has all the relevant information into it.
All their 4 team members invited for KYC passed it, which is another good sign. However their team is rather small and I highly recommend you to enhance your team and your team of advisors.
Aside from that, congrats for the dedication in this project and good luck with the ICO! As it will begin in 38 days, I am looking forward to see its progress.
Agree
0
Disagree
Report
Dan Litwak
Founder at Hawk Cyber Security | Top ICO Security Advisor
Rated on Oct 18, 2018
Rated on Oct 18, 2018
4
5
4
11%
I will start with the vision of the product, which I like a lot if they manage to actually make the product work as designed. Having a social shopping application that rewards its users through affiliate networks plus some AWT tokens looks quite interesting.
The team also looks good, for a project on its initial stage, specially on the technical side, which I think it's the most relevant one here. Marketing will be VERY important if they want to take off eventually but they are on ICO stage, so it will depend on the reach they will wish to have.
Their tokenomics look just ok. The price of the token in relation to the total amount of tokens is reasonable for the estimted marketcap, but I'm not a big fan of projects offering only 70% of the tokens for sale, because the token price will drop immediately. They should review it and think about taking only 10% of the tokens for themselves. All expenses should be covered by the contributed funds.
The product looks good, and they have an MVP, but I would still want to see a more developed product, specially one that delivers the main idea of the project seamlessly.
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Agree
0
Disagree
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Anthony Manfre
Founder TOTS
Rated on Sep 30, 2018
Modified on Feb 19, 2019
Rated on Sep 30, 2018
Modified on Feb 19, 2019
2
2
2
10%
Disclaimer: Rating and or commentary provided represents my own personal view and is not to be relied upon as advice. I am not a financial advisor nor am I registered in any jurisdiction with any financial services regulator. I provide no recommendations that any offering should be bought, sold or held. Before making financial decisions please undertake your own due diligence and consult a financial advisor.
Agree
0
Disagree
ReportExperts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Press Releases
Blog
Financial
Token info
Token
AWT
Platform
Ethereum
Type
ERC20
PreICO price
1 AWT = 0.0125 ETH
Price in ICO
5.3572 USD
Bonus
5-50% discount during pre-sale.
Tokens for sale
5,050,000
Investment info
Min. investment
0.01 ETH
Accepting
ETH, BTC
Distributed in ICO
70%
Soft cap
1,821,250 USD
Hard cap
21,987,500 USD
Milestones
1
Q3 2016
Detailed study of affiliate, cashback services, and impulse buying market
Legal issues analysis for service launch in particular countries
Competitive landscape analysis
Creating specifications for the server part, and the web and iOS clients
2
Q4 2016
Team building
Drawing and approval of design
Implementing core functionality
Launch of iOS client development
3
Q1 2017
Completion of the server part development
Connecting affiliate aggregators and individual trading platforms
Implementing the feature of rewards allocation to users
iOS client development
Launch of WEB client development
4
Q2 2017
Encryption and secure data storage system
Launch of beta version of iOS client
Launch of beta version of the Web client
Mass testing
Bug fixing
Implementation of additional functionality for iOS in connection with the release of the new version
Intelligent matching system (photo-based) beta version development
5
Q3 2017
Publishing iOS app
Audience testing, targeting
Implementation of the functionality of referral bonuses for inviting new users
Implementation of the functionality providing the viral effect
Implementation of systems development technologies: image recognition system, user clustering
6
Q4 2017
Finalizing app development
Project launch in North America (the first stage – 2 countries)
Morphological and semantic text analyzer
7
Q1 2018
User clustering system
Connecting new stores
8
Q2 2018
Connecting new stores and content monetization platforms / affiliate aggregators
Development of the web platform functionality
9
Q3 2018
Implementing using ICO user tokens for purchasing in our store with dropshipping technology.
Improvement of artificial intelligence algorithms for recognizing products in the photo. More precision photo recognition with branding recognize (Image recognition system)
Improving interface for support native futures of iPhone X (FaceID recognition, Spread 3D touch over interface, 3D touch on application with context menu: Create post, Check balance, Discover)
10
Q4 2018
Developing support of ICO tokens in application and add ability to earn tokens instead of USD
Implementing Android client
Implementing client for iWatch (Checking balance, statistics, count of view)
Connecting new stores and content monetization platforms / affiliate aggregators in the countries of the second stage
Project launch in Europe (the second stage – 7 countries)
Start of a marketing campaign in the countries of the second stage.
Implementing own trading platform based on dropshipping technique to increase profitability
11
Q1 2019
Deep integration with social networks, and developing Google Chrome plugin for identifying goods on pictures and providing easy to use links to proceed purchases.
Implementing own API for integrating new partners
Start of the token buyback program
12
Q2 2019
Covering an estimated target audience in the first stage countries
Connecting new stores and content monetization platforms / affiliate aggregators in the countries of the third stage
Project launch in the countries of the third stage (the third stage – 14 countries)
Start of a marketing campaign in the countries of the third stage.
13
Q2 2019
Covering an estimated target audience in the first stage countries
Connecting new stores and content monetization platforms / affiliate aggregators in the countries of the third stage
Project launch in the countries of the third stage (the third stage – 14 countries)
Start of a marketing campaign in the countries of the third stage.
14
Q3 2019
Covering an estimated target audience in the second stage countries
Covering an estimated target audience in the third stage countries
System adaptation and intelligent selection algorithms tuning in accordance with local and mental audience specifics