WULET PLATFORM

UPIK05

ABOUT WULET

WULET is a platform that will provide its users with the opportunity to receive cashback from everyday purchases in the form of cryptocurrency. This platform will make possible the management and exchange of bonus points between loyalty programmes of various companies. This will allow the client to always have at hand the points they most need.

WULET PALTFORM

Our Mission

To popularise the everyday use of cryptocurrency by creating a blockchain platform that will allow clients

to monetise all available bonus programmes, and contractors – to save resources and attract new clients.

Every day, making a purchase at a store or having lunch at a restaurant, people receive yet another loyalty

card. When certain conditions are met, the clients are supposed to receive a bonus for their use. Most

people today participate in at least 15-20 loyalty programmes, even though it is very time-consuming to

fulfill the conditions of each.

WULET PLATFORM

• The WULET platform is being developed specifically to resolve these issues. Our team’s main goal is to

maximize the convenience of loyalty programmes and business income.

• We aspire to create a unified decentralized system that will incorporate the use of cryptocurrency into

everyday life.

• The idea of WULET is much broader than simply gathering all loyalty cards in one application. The

project will unite all loyalty programmes within one platform, creating a unified system. WULET will help

businesses cut costs on creating and implementing new programmes that are now not even yielding the

results that were expected.

• The platform will simplify the process of choosing a source of information for the client: the data on all

bonuses, special offers, and discounts of partner companies will be shown in the application, saving

time.

• Thus, the clients will receive their discounts and bonuses, and business will optimize their expenses

while also increasing client loyalty.

Whom is the Platform created for

The Platform is oriented at once toward the members of the b2c market, and also toward the average user, who wants to monetise their bonus points from loyalty programmes in everyday life.

Project goal and tasks

WULET aims to incorporate the use of cryptocurrency into everyday life and to create a single personal account to unite and conveniently manage all loyalty programmes.

TASK

• to help clients get rid of a huge number of loyalty cards by uniting all programmes into one easy-to-use

application

• to create a platform that will allow its users to receive cashback in the form of cryptocurrency

• to unite a wide network of clients and register the highest number of contractors possible

• to widen the range of products offered on the internal online store

Thus, the main payment instrument on the platform will be WU-tokens, which will be issued at the end of the main stage of the token sale.

Clients will receive cashback in WU-tokens that can later be used in three different ways:

• To exchange the tokens for fiat currency on an external exchange

• For purchases at the WULET partner establishments

• To exchange the WU-tokens for bonus points of various loyalty programmes on the WU internal exchange

It’s important to note that the user will not only be able to exchange tokens for bonus points, but also vice

versa, in case there is a demand for these on the WU internal exchange.

TODAY

You participate in multiple loyalty programmes, where each has their own internal points structure and privileges;

You cannot use, or exchange points received on different programmes as you see fit;

The transportation of all your existing bonus cards is inconvenient.

With Wulet

Payment information is uploaded onto WULET using a QR-code;

You can spend your bonuses on partner marketplaces, save in the form of cryptocurrency, or sell them on market terms;

All discounts and promotions are located in one app, WULET, and you don’t need to go through each programme individually;

You receive profits, and the store gets a loyal client.

Ecosystem participants

WULET Platform

WULET plans to launch two models: one activity with WU United and other internal Exchange with fidelity.

The company will buy WU-evidence and decided the number of tokens that will be given to the client as a crypto-cashback.

Partners will be able to choose how they will use the WULET:

1. a client Award with WU-token without a chance to use it on the establishment of partnerships. This program will only aim to encourage users to visit this establishment.

2. a client Award with WU-evidence and accepted it as payment. In this case, the partners will attract new customers who have a WU-Token.

Clients will be able to use WU-token to exchange their stock and purchase goods in establishments mitres WULET, or at WuShop.

The company will be able to pay for extra services, such as banners on the application of the system, push notifications, advertisements or in WU-Token.

Why do we use blockchain technologies

Despite the growing popularity of cryptocurrencies, only a few people have them at their disposal. WULET has as its main goal the popularization of cryptocurrency as a common payment instrument.

The popularization of cryptocurrency as a common payment instrument is one of the main tasks of

Besides this, blockchain technologies will allow:

To create a cryptographically protected system of mutual payments that will lower the risks of fraud in the field of loyalty systems;

To increase the users’ trust in the WULET platform by guaranteeing the transparency of its activity and the use of smart-contracts.

Key capabilities of WULET

A transparent system of the receipt of cashback in WU tokens: all contractors provide their clients with unified conditions;

A quick way to accumulate bonus points: the bonuses from different contractors are accumulated in a unified WULET cryptobalance;

Various opportunities to use the WU tokens: the marketplaces that accept WU tokens as a payment instrument, exchange for other cryptocurrencies on different exchanges, conversion to fiat money;

A very simple, fast and safe way to get cryptocurrency for everyday activities;

A quick launch of loyalty programmes by сontractors: all the necessary infrastructure is now available

Crowd sale stages

It will be possible to withdraw tokens to any ERC20-compatible wallet after the end of all the stages of the campaign.

Token price:

1 WU = 0,001 ETH

Pre-sale start: 07/05/2018

Main stage: 3 Q 2018

Softcap: 8 000 ETH

Hardcap: 49 000 ETH

Token distribution

4% bounty

10% strategic partners

16% team

70% crowdsale

Attracted funds distribution

30% — circulating assets for continuous work of the platform with contactors and maintenance of work of the in-built marketplace;
30% — marketing, promoting, localization and adaptation of the project for the regions of its presence;
25% — platform development center;
10% — legal aspects;
5% — contractor and client support.