MyWish (my will)
My wish (my will) - is a mobile application and a website where everyone can create and manage a smart contract.
My wish (my will) - is a mobile application and a website where everyone can create and manage a smart contract.
Project details
Incorporation status
N/A
Available project code
Stage
A beta version of the platform and mobile application is available (in which available the functionality of creating elementary smart contracts)
Token description
ICO date:
25.10.2017 - 25.11.2017
Platform:
Ethereum
Role of token:
Token WIL works inside the architecture of the project to maintain its value. Without buying the required number of tokens, the user will not be able to create a smart contract.
Token price:
Each WIL will be sold for 0.00067 ETH, about $0,21 USD (at a course of $320/ETH).
  • Receive 30% a bonus at sale of the first package (19%) of tokens.
  • Receive 20% a bonus at sale of the second package (19%) of tokens.
  • Receive 10% a bonus at sale of the third package (19%) of tokens.
Sum of tokens:
105 000 000 единиц
Maximum cap:
20 000 000
Blockchain:
Ethereum
Consensus
method:
There are no data
Escrow agent:
There are no data
Accepted currencies ICO:
ETH , BTC
Bounty camping:
Bounty program is 1.9% of the total volume of tokens
Token distribution date
No data
Markets
There are no data
Whitelist:
N/A
Token distribution:
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Investment attractiveness
Market
According to HypeCycle from Gartner, the exit of smart contracts to the mass market will take place not earlier than in 5 years. At the same time, high competition is expected in the segment due to low barriers to entry. According to Etherparty, the market is $ 24 billion for all smart contracts using Ethereum. The annual growth rate of the market (CAGR) is projected at the level of 61.5% until 2021.
Product
The product is an application for creating smart contracts, aimed at ordinary users, not just programmers. Unlike competitors MyWish, first of all, concentrates on specific tasks and develops contracts to solve them. In other words, MyWish comes from the users' need for a particular solution: a wedding contract, a will, a lost key, etc. Road map of the platform development project is not disclosed.
Team
The project team includes 6 people, 5 of whom are IT specialists and 1 marketer. The CEO has a Ph.D. in Computer Science. The bulk of the team members are simultaneously employees of the DDG LLC development company, created by Vladimir Tikhomirov.
Model
The launch of the platform will allow to optimize the process of creating and testing smart contracts, and using WIL tokens simplifies the user's interaction with the platform and allows buying, testing and executing smart contracts on the platform. WIL token is the fuel required for the platform to function. No contract can be created or executed without payment of WIL tokens. After receiving the payment in the form of a token, part of the funds remains in the MyWish platform for subsequent payments as part of the Joule system and for paying to third-party developers for their contracts. The other part is exchanged for ETH to pay gas for the creation of contracts. For a user of a platform that wants to issue a contract for 3 years, the average cost of such a contract is approximately 750 WIL (0.5 ETH at the rate at the time of ICO).
Finance
Each WIL will be sold for.00067 ETH, about $.2 USD that means that hard cap for races - sales makes $ USD 20,000,000. Soft cap is planned to establish equal $ USD 1,000,000. According to WP in December, 2017 the company expects net profit (the saved-up result) at the level of $2.97 million, at the same time the forecast is absolutely unrealistic and not reasonable the current operational indicators.