WatchUGot – Blockchain-based social challenge platform

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Hi guys! I will be giving you a review about the WatchUGot Project, About the company, token information, features, exceptional team members behind the project, and many more. So i begin by explaining exactly what WatchUGot entails.

WatchUGot is an Ethereum based social networking app that provides users with the tools and platform to develop community fundraising campaigns. WatchUGot 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. The legacy (non-blockchain) version of WatchUGot is already live and available for download on Google and Apple marketplaces.

WatchUGot is a blockchain-based social challenge platform that facilitates community building through social charity initiatives and rewards participants in the form of exchangeable cryptocurrency capital.

PROJECT Vision

With WatchUGot, the primary motivation was to develop a platform that would provide users with the tools to develop community-driven charity-initiatives to benefit good causes. WatchUGot also endeavors to provide exposure through social awareness campaigns and educate community members through the direct and practical applications of blockchain based technologies.

TOKEN AND ICO DETAILS

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.

Name: WatchUGot (WUG)

1 WUG = 0.0014 ETH

Fixed Limit: ±8,107,000 USD (76,250 ETH)

Soft Cap: ±875,988 USD (8,239 ETH)

Exchange: 1 ETH = ±710 WUG

Currency: ETH, USD, EUR

Min Purchase: 0.2 ETH / 140 WUG

Starts: January 18 (11:59 PM)

Ends: April 30 (11:59 PM)

Supply Distribution

$0.15 – WUG Retail Value

100 million available

40 million Pre-ICO

60 million Tokens ICO

1 billion Tokens

Token Distribution

5% Advisors

15% Team

25% Reserve Fund

20% Community Grants

10% ICO Participants

15% Charity Reserve

10% WUG Promotions

Funds Allocation

20% Marketing

20% Admin operations

3% Bounties-Audits

17% Charity Grants

15% Development (R&D)

10% Legal

15% Reserve

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-20) and WUG-tokens relative to the amount of content, or participation contributed. These aspects, in conjunction with the WUG monetization model, provide the components necessary to create an innovative fundraising product on a blockchain platform.

ADVANTAGE

WatchUGot bridges the gap of blockchain innovation and charitable crowdfunding. Join our migration to the Ethereum blockchain and be a part of the FIRST social challenge network for blockchain.

TEAM MEMBERS

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