IEO or ‘Initial Exchange Offerings’ are a form of business financing. Its particularity lies in that what companies offer are ‘tokens’ instead of shares and its sale is launched and managed by a house of exchange.

This means that the blockchain-based project offers to buyers some units of a new cryptocurrency (their ‘token’) in exchange for other cryptocurrencies or fiduciary money (Euros, Dollars …).

William Mougayar, general partner in the Virtual Capital Ventures fund and author of “The Business Blockchain”, comments:

“I’m not excited about the new tokens per se, but I’m excited when I hear about a new business model made possible by the token or the cryptocurrency. I’m more enthusiastic about the way a given token will allow users (society, government, whoever) to do things that we could not do before, and that’s the border, I think we’re just scratching that surface right now.”

The tokenization project of EasyFeedback.com with EasyFeedback token has development costs. To be able to finance it, during the IEO period, pre-rolled “EASYF” are sold with a bonus of 40% to 10%.

After the IEO the “EASYF” will quote, at least, in the Tokpie cryptocurrency exchange. Your price will then depend on the supply and demand of it.

Note: Exchange are platforms or exchange markets, are digital platforms that allow exchanging digital currencies for fiat money and / or other cryptocurrencies.

More info: https://www.bbva.com/en/basic-dictionary-blockchain-10-terms-know/

“A ‘token’ is a unit of value issued by a private entity that allows you to shape your business model.

A ‘token’ has similarities with the cryptocurrency ‘bitcoin’, has a value accepted by a community and is based on blockchain technology (‘EASYF’ is based on the Etherum blockchain), but at the same time it is a broader concept. It is more than a coin, since it has more uses.” In the case of ‘EASYF’, it allows to reward the useful feedback of the users of the EasyFeeback.com platform.

Note: a cryptocurrency is a digital exchange medium that uses cryptography to secure financial transactions, control the creation of additional units and verify the transfer of assets.

More info: https://www.bbva.com/en/what-is-a-token-and-what-is-it-for/

“A blockchain is a digital ledger that is distributed across multiple locations to ensure global security and ease of access, allowing consumers and suppliers to connect directly, eliminating the need for a third party.”

More info: https://www.miethereum.com/en/blockchain-guide/

“Ethereum is a decentralized platform that enables the creation of “smart contracts”; some have dubbed it a “decentralized supercomputer.”

It also operates on its own blockchain and was orginally conceived as an improved version, to surpass the programming limits of Bitcoin. It codifies data in the same way, but one of the principal differences is that is can be used to execute smart contracts (pieces of software that automate and shield the execution of previously programmed orders) and has a large variety of applications beyond those related to the field of finance.

Its cryptocurrency is Ether, the second most used after Bitcoin.”

Thanks to the Etherum Smart Contract you can create tokens like EasyFeedback token. In this way you benefit from the existing infrastructure instead of having to build your own blockchain with the saving of time and resources that this entails.

More info: https://www.bbva.com/en/basic-dictionary-blockchain-10-terms-know/

Article published in: https://www.miethereum.com/en/smart-contracts-guide/#toc2

A smart contract is a computer program that executes agreements established between two or more parties causing certain actions to happen as a result of a series of specific conditions being met.

That is, when a pre-programmed condition is met, the smart contract automatically executes the corresponding clause.

They are contracts that execute and enforce themselves automatically and autonomously.

Smart contracts have been in development since 1993 when the famous cryptographer Nick Szabo first introduced the term. Nick proposed this system of contracts at the time, but the technological infrastructure of the time made it unfeasible. There was a need for a payment system that could put them into practice and that situation did not appear on the scene until the creation of Bitcoin in 2009.

However, Bitcoin was not intended to be anything more than a financial tool: a cryptocurrency -the coin- and a platform for exchanging value -its blockchain-.

On the other hand, the technology with which it worked – the blockchain- did make these smart contracts possible and it was at the beginning of 2014, with the creation of Ethereum, when they finally became a reality.

These smart contracts “live” in an atmosphere not controlled by any of the parties involved in the contract, in a decentralized system.

This means that:

1. The conditions are programmed,
2. Signed by both parties involved
3. And it is ‘placed’ in a blockchain so that it cannot be modified.

These evolved contracts have as the main purposes:

• To implement a state of security greater than that of the traditional contract
• Reduce costs
• Reduce the time associated with this type of interactions

In other words, they seek to improve current contracts by being safer, cheaper, saving us time and avoiding fraud.

1. During the Pre-Sale and Sale period and with the license granted, we will negotiate with the main centralized Tier 1 and 2 exchanges such as Binance, Bittrex, FTX, Huobi, Okex, Kucoin, Bitmex … and other smaller but well positioned in specific markets such as ChainX in South Korea.
2. We are also studying to launch a IDO on decentralized exchanges such as Uniswap and we see a very interesting option for Balancer as the main decentralized exchange for “EASYF” (in March they launched a new version and we have direct and close contact with its founder through one of our advisor).
3. And another option we are considering is to bridge to Binance Smart Chain (BSC) and list the EasyFeedback token in PancakeSwap.

The total number of tokens is: 179,141,000,000 ‘EASYF’. 1% of the tokens will be used during the launch of the initial sale allocation, the other 99% is reserved to reward the EasyFeedback users who send feedback to the companies over time. After the IEO, those tokens of 1% tokens (1,791,410,000 ‘EASYF’) not sold during the IEO, will be burned.

The total amount of tokens is: 179,141,000,000 “EASYF”. No more “EASYF” will be created. 1% of the tokens will be pre-mined and used for the token launch by an ICO. The tokens that are not used in the ICO will be burned. The other 99% is reserved to reward EasyFeedback users who send feedback to companies over time.

The only way to undermine “EASYF” will be with the “Proof of Feedback”. We will delegate the function of mining these tokens to a minting contract (“EASYF”s are not premined in any wallet). This contract will give the user the corresponding “EASYF”. The regulating node collects the instructions decided by the oracles (internal, company or lawyer) and connects with this Smart minting contract so that it grants the corresponding “EASYF” to the user.

The amount of “EASYF” in the Supply Total has been calculated based on the premise of having enough “EASYF” to reward for “PoF” , for at least 25 years. To make the estimates, the real historical feedback sent from EasyFeedback.com in Spanish by more than 300.000 users has been taken into account.

To do this, we take the data of feedback sent from the last year and make an optimistic estimate. We estimate:

1. A 600% increase in feedbacks sent as the adoption of its use increases thanks to the tokenization of the service;
2. That of the feedback that users send through the easyfeedback.com website, we will reward 80% for the Proof of Feedback. And they will be awarded half of the maximum “EASYF” tokens that could be rewarded for quality.
3. We calculate the average world population as the population of Spain multiplied by the 194 countries that exist in the world (data from the UN 193 plus The Vatican).

Since we want to be the Hub of global feedback, we multiply this result by 194 countries and round the result obtained to the figure of 179,141,000,000 “EASYF”.

Deploying our services in a country requires an estimated investment of $ 350,000.

Our goal is to be a global service offered in the 194 countries in the world. A capital raised, greater than the $ 300,000 we need, will allow us an implementation (faster and in more countries) directly proportional to the amount obtained. We will be able to accelerate the incorporation of more and better talent for the development of EasyFeedback.com and the “Proof of Feedback” in more countries and drive an exponential growth that will affect the valuation of the project and the EasyFeedback tokens. The more feedback that is sent, the more EasyFeedback tokens will be distributed and the inherent demand from consumers and companies will be greater. More information on the whitepaper pages 23-28.

This is why the Hard Cap is so high.

It is important to remember that EasyFeedback tokens that are not sold at the ICO will be burned. So, the amount of money in circulation at the time of listing will only be that which has been used in the ICO and from that moment on, the only way to obtain EasyFeedback tokens will be through the “Proof of Feedback”.

Our Soft Cap is zero because, in addition to the ICO, we have fundraising alternatives for the development of the EasyFeedback.com tokenization.

To finish developing the EasyFeedback tokenization we only need a capital of $ 300,000. We can obtain this capital in various ways (capital increase with current partners, entry of new partners and loans). That is, we will develop it regardless of the amount collected in the ICO because we have fundraising alternatives. But we believe that it is very interesting to give the possibility that many people can participate in an indirect way in its development, and the ICO is an instrument that makes this objective possible.

 It is our own development.

BTC, ETH, AAVE, ANT, BAT, CRO, DAI, USDC, USDT, ZRX, BNB, LTC, XEM, XLM, TRX, BNT, DCR, GLM, UNI, MKR and USD (Card Payment and Direct bank account transfer).

The corresponding Bonus will be delivered on the first day that we are listed on Exchanges (scheduled for the fourth quarter of 2021). This is done to prevent a buyer from going to the market before the listing and wanting to sell their “EASYF”s at a lower price than they bought them.

Once the token is listed, individuals who purchased “EASYF” during the Pre-Sale and Sale (NOT at the IEO) with the 40% or 30% bonus and hold them for one year in the wallet in which they received the initial purchase of “EASYF”, will receive an additional 5% bonus. This 5% bonus will be spread over 12 monthly payments with a vesting contract. “EASYF”s can be withdrawn but always maintaining the initial balance to be eligible for the next payment.

If at any time the wallet balance is less than the initial balance, the monthly 5% bonus that would have been due to that person and that was pending to be transferred until the 12 month period is completed, will not be sent and will be burned.

In order to see the EasyFeedback tokens (ERC20 token) in your wallet you will need to add our Smart Contract to your wallet.

In general, the steps are:

1. Go to “Add Token”
2. Choose “Custom Token”
3. Enter “Token Contract Address:” 0x9917a9dad884ab5823b00b1fa127de1972fec9cd
4. The parameters may appear directly, if not, add these: “Token Symbol:” EASYF and “Token Decimal:” 18
5. Click “Add Token”

Example of how to do it in Metamask

Up to now, we will not be able to sell our EasyFeedback token at the ICO to citizens from USA , Bahamas, Bosnia and Herzegovina, Botswana, Iran, China, Cuba, Eritrea, Ethiopia, Ghana, Iraq, Japan, Lebanon, Libya, Myanmar, Pakistan, Central African Republic, Democratic People’s Republic of Korea, Democratic People’s Republic of the Congo, Syria, Somalia, Sri Lanka, South Sudan, Sudan, Trinidad and Tobago, Tunisia, Yemen, Zimbabwe.

We hope that through the IEO citizens of some of these countries can also acquire EasyFeedback tokens.

They will be burned.

EasyFeedback will continue to commercialise its products to consumers and customers as usual and will increase share capital to develop the blockchain project.

Our goal is to be a global service offered in the 194 countries of the planet. The capital raised will allow us to implement EasyFeedback faster and in more countries. It will be directly proportional to the amount raised.

Deploying our services in a country requires an estimated investment of 350,000$. This is the reason why the hard cap can become so high.

The possibility of extending EasyFeedback in more countries, in less time, can have a positive impact on liquidity, support and price revaluation of “EASYF”.

We can also advance the development and commercialization of new products: EasyFeedback Survey, EasyFeedback Review, EasyFeedback Stats and EasyFeedback IoT.

The total amount of tokens is: 179,141,000,000 EASYF. No more “EASYF” will be created. 1% of the tokens will be pre-mined and used for the token launch by an ICO. The tokens that are not used in the ICO will be burned. The other 99% is reserved to reward EasyFeedback users who send feedback to companies over time. 

You can see this information in the smart contract:

https://etherscan.io/token/0x9917a9dad884ab5823b00b1fa127de1972fec9cd#balances

The only way to undermine “EASYF” will be with the “Proof of Feedback”. We will delegate the function of mining these tokens to a minting contract (“EASYF”s are not premined in any wallet). This contract will give the user the corresponding “EASYF”. The regulating node collects the instructions decided by the oracles (internal, company or lawyer) and connects with this Smart minting contract so that it grants the corresponding “EASYF” to the user. 

The wallet that has access to this minting contract can be seen in the smart contract. It has received 1% of the pre-mined tokens, it has initially distributed them to the wallets we have indicated and its balance is zero. It’s only task is to intervene for the distribution of EasyFeedback tokens through the proof of feedback (PoF) when we tokenize https://www.easyfeedback.com/index_EN.html.

You can see this information in the smart contract (Section “6. owner”):

https://etherscan.io/token/0x9917a9dad884ab5823b00b1fa127de1972fec9cd#readContract

Pre-Sale phase: Ended.

Sale phase: Currently open until the start of the IEO.

Clic on the “Whitelist” button and follow the next steps explained there.

Yes, this is 1000 “EASYF” (50 USD).

There is no lock up period for the tokens you will get. 

In the Pre-Sale, once the money for the purchase has been received, the receipt for the “EASYF” purchased will be sent. From 7 July 2021 the “EASYF” purchased with the 40% Bonus level will be sent to the buyer’s Wallet. The corresponding bonus will be delivered on the first day that we are listed on Exchanges (scheduled for Q4 2021). In order to receive the bonus, the Wallet where the tokens are delivered must hold the same “EASYFs” initially delivered. This is done to prevent a buyer from going to the market before the listing and wanting to sell their “EASYFs” at a lower price than they bought them.

In this Sale Phase (Bonus 30%), once the money for the purchase has been received, the receipt for the “EASYF” purchased will be sent. “EASYFs” purchased in this Sale Phase will be sent this year (2021) on the first day of listing (scheduled for Q4 2021). The corresponding bonus will be delivered also on the first day that EASYF is listed on Exchanges.

Once the token is listed, individuals who purchased “EASYF” during the Pre-Sale with the 40% or during the sale with the 30% bonus (NOT at the IEO) and hold them for one year in the wallet in which they received the initial purchase of “EASYF”, will receive an additional 5% bonus. This 5% bonus will be spread over 12 monthly payments with a vesting contract. “EASYFs” can be withdrawn but always maintaining the initial balance to be eligible for the next payment. If at any time the wallet balance is less than the initial balance, the monthly 5% bonus that would have been due to that person and that was pending to be transferred until the 12 month period is completed, will not be sent and will be burned.

Yes. The granting of the license to sell our cryptocurrency implies compliance with the regulations that we indicate below: https://www.riigiteataja.ee/en/eli/502122020004/consolide

Its compliance requires us to identify any person to whom we give EasyFeedback “EASYF” token and for this they must go through the process known as KYC (Know your client).

When you provide your referral code to other people, you will receive an additional bonus of 2.5% on the amount purchased with this code. People who use this code will receive the same bonus (2.5% on the amount purchased with this code).

The distribution of these EasyFeedback bonuses will take place 30 days after we are listed on Exchanges and will be distributed all at once. At that time a single receipt will be sent with detailed information about the use of the referral code.

Yes. The granting of the license to sell our cryptocurrency implies compliance with the regulations that we indicate below: https://www.riigiteataja.ee/en/eli/502122020004/consolide

Its compliance requires us to identify any person to whom we give EasyFeedback “EASYF”  token and for this they must go through the process known as KYC (Know your client).

During the fourth quarter of 2021 (not before), people who have participated in our airdrops or/and bounties programs will receive an email to undergo the KYC process.

Study published by BBVA Research “Situation Banking – November 2018”

“In 2018 the value of crypto currencies has lost approximately 75% since its January level of this year (814bn USD).

Many analysts proclaim that it was an inevitable catastrophe given the intrinsic characteristics of cryptocurrency, but this catastrophe can be relativized if we consider that the price of bitcoin, for example, is still 80% higher than a year ago. Despite the volatility of these assets, cryptocurrency is beginning to attract the attention of the “traditional financial sector”. Definitely, it does not seem that criptodivisas are dying, but that they are entering a new stage of greater price stability, in which more institutional investors will enter and banks will offer associated services to their clients. “