WatchUGot-ICO(Review)

Good afternoon, my dear crypto-enthusiasts, and today I want to tell you about the wonderful and promising "WatchUGot" and its advantages.

About:

WatchUGot is an Ethereum based social networking app that provides users with the tools and platform to develop community fundraising campaigns. We combined the crowdfunding components of GoFundMe with the social aspects of Facebook and Instagram on a blockchain. WatchUGot allows users to create and participate in fundraising initiatives for meaningful causes, while being rewarded with real cash-value in the form of our WUG tokens. Our legacy (non-blockchain) version of WatchUGot is already live and available for download on Google and Apple marketplaces.

our primary motivation was to develop a platform that would provide users with the tools to develop community driven charity-initiatives to benefit good causes. We also endeavor to provide exposure through social awareness campaigns and educate community members through the direct and practical applications of blockchain based technologies. Secondly, we were inspired by the phenomenon of viral-challenges and presented with the opportunity to introduce a novel procedure and fun product for promoting community driven, charitable initiatives. Our application is designed to facilitate universal use and compliancy for all markets, in hopes of inspiring charity and ethical awareness towards the benefit of all people. Another motivation was to address the challenges of utilizing blockchain technology in a meaningful way and introduce it to existing mobile markets. In doing so, we developed a unique method for integrating smart contract protocols to our existing Android & iOS platform. (WatchUGot – Viral Challenge Game) Lastly, we’re fans of innovative applications like cryptokitties and community fundraising platforms like, Indiegogo. We’re motivated to pursue a path of blockchain-based software innovation and avoid the pitfalls of centralization provided with conventional fundraising mediums. We proudly present the WatchUGot Blockchain-based, Challenge platform as that solution.

How it Works?

Set goals and invite your friends & followers
Search other campaigns or be automatically matched by WatchUGot with charitable events nearby.

Exchange
Exchange tokens for other cryptocurrencies or fiat (EUR/USD). Donate your tokens, cash or withdrawal and spend how you want.

The Tokens

The WatchUGot blockchain environment supports three (3) unique Ethereum utility token standards: standard ERC-20 (WUG) token, standard ERC-223 (RIVL) token, and ERC-721 token standard for use as non-fungible goods. The primary game coin (WUG), incorporates aspects of gamification and the principles of fair-market economics to incentivize community participation. WatchUGot’s Challenge model provides participants with the tools to generate funds for charitable causes while having fun and rewarding users for achieving goals while helping others.

WatchUGot’s new unique gamifying features leverage Ethereum’s ability to mint unique, inflationary tokens as non-fungible (ERC-721) virtual items (similar to cryptokitties). The non-fungible tokens interact directly with WUG (ERC-20) tokens and are designed to compensate individuals for content curation, campaign development, moderation and specific actions (upvoting, meeting fundraising thresholds) by awarding RIVL (ERC-223).

The Ethereum (ERC-20) WUG token is the official coin for use with the WatchUGot store and game environment. WUG is the primary, native currency for virtual and physical items exchanged on the WatchUGot application. It is also the exclusive currency for donations made toward charitable causes and the only token redeemable for cash-value. WUG was designed with the intent to enhance the user’s experience by providing meaningful value and rewarding users for active participation. Eligible users are able to purchase WUG and RIVL tokens directly from the WatchUGot store or receive them as rewards for task completion and community activity participation. Users may choose to exchange their tokens for cash-value, crypto, virtual/physical goods in our store, or donate them directly to charitable foundations.

ICO details

Token: Wug

Platform: Ethereum

Standard: ERC20

Qty: 100,000,000 WUG

Price: 1 ETH = 8,000 WUG

Payment: ETH, BTC

Soft cap: 1,320,058 USD

Hard cap: 7,135,000 USD

KYC: Not

PreICO

Qty: 40,000,000 WUG

Start: 11/01/2018

Completion: 12/01/2018

Ico
Qty: 60,000,000 WUG

Start: 01/01/2019

Completion: 08.02.

ROADMAP

Team

Erman Koc: Founder, CEO

Kevin Moran: Co-founder, President

William Madison: Full-Stack Dev & Distributed Systems Engineer

Kristen Temnyk: Product Requirements Manager

Jessica Segoviano: Operations Manager

Raju Prasad: Web Developer

Ogulcan Gencler: Gamification Design

Nolan Nguyen: Team Analyst

Sukhchain Singh: Senior Project Manager

Jagger Czajka: Team Member

Mehmetcan Gencler: Gamification Design

Vijay Sharma: Senior Android Developer

For more information please follow the links below:
Website: https://watchugot.co/
Bounty thread: https://bitcointalk.org/index.php?topic=5054456.0
White paper: https://drive.google.com/file/d/1X0k2IAukolsP6B6e7C8R6XEa37EWdwVE/view
Twitter: https://twitter.com/WUG_Crew
Facebook: https://www.facebook.com/watchugotapp
Telegram: https://t.me/watchugot
Instagram: https://www.instagram.com/watchugotcrew/?hl=en
LinkedIn: https://www.linkedin.com/company/watchugot

** The author of the article ****
Melnikov Gennady Vadimovich
BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=2192979
Twitter: https://twitter.com/3Kelleher3
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Vkontakte:https://vk.com/gmelnikov1991
Telegram: @Ethtrade152 (https://t.me/Ethtrade152)
gmail: moldavskiy54@gmail.com
ETH Wallet : 0x6f690528dcc262e489389099f1eba7e8b4e993ec
Waves Wallet : 3P77QBjNLx5PmkeJjs3KSKVcmWHZjKPjj9a