WhereAbout Revenue Model & Token Usage

Subscription Fees

Interested business owners can onboard the application for free.

WhereAbout Advertising Fees

WhereAbout Tokens are used as a promotional tool to boost events, offers or promotions to the WhereAbout user in a transparent manner. These are the following packages:

10€ - ? WhereAbout Tokens (Depends on market price)

50€ - ? WhereAbout Tokens (Depends on market price)

100€- ? WhereAbout Tokens (Depends on market price)

500€ - ? WhereAbout Tokens (Depends on market price)

The business owners will purchase an amount of FIAT in WhereAbout Tokens from the WhereAbout liquidity pool. WhereAbout will use 50% of that income to purchase $WAT from the open market to fill the liquidity pool and the other 50% is company revenue. WhereAbout Tokens spend for promotions will be burned accordingly in a 50/50 ratio. 50% will be burned and reduced from the circulating supply, the other 50% will be held as a reward for the loyal $WAT holders and distributed in the unique WhereAbout Masternode Program. (More information about that after launch)

The amount of WhereAbout Tokens spend will be determined by the $WAT token market price and different kind of promotion available in the application.