EasyFeedback Token will enable us to value and reward people who give useful feedback to companies and institutions. This feedback is a driver that transmits knowledge. Therefore, we will reward with EasyFeedback Tokens “EASYF”:
The total amount of tokens is: 179,141,000,000 “EASYF”. 1% of the tokens will be used during the token launch, the other 99% is reserved to reward EasyFeedback users who send feedback to companies over time.
The only way to obtain EASYF shall be with the Proof of feedback explained above.
EASYF in reserve are necessary to reward the feedback that, over the years, will be rewarded. This high supply, should not worry the buyer because these EASYF can only be released by the feedback generated by the users and validated by the validating oracles.
The 1% of EasyFeedback tokens used during the sale allocation are divided into these wallets:
At present, the aim is to accelerate the business model based on the tokenization of our current product. To do so, it is necessary to make some investments in the following areas:
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.
If we succeed to exceed the soft cap we will be able to offer our products and services in more languages in less time and therefore reach more users in more countries more quickly, which will boost the use of the tool.
Launch of EasyFeedback in other countries. Depending on the volume of feedback sent in different languages, we will incorporate internal and external (company and lawyer) validator oracles in other countries.
Launch of EasyFeedback in a country requires:
The estimated investment to deploy our services per country is 350,000 euros. Our aim is to be a global service in the 194 countries of the world (UN fact): Europe 50, Asia 41, Africa 54, America 35, Oceania 14. For this great objective we would need the indicated Hard Cap. 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”.