Sorry if I missed this but how will you put wic on the gift cards when all is distributed during the token sale?
Reserved for Token Sale: 90%
Reserved for In App Distribution: 5%
Reserved for the Team: 3%
Reserved for Bounties: 2%
Would you take it from the 5% or would you constantly buy back wic in order to be able to sell the gift cards? Also how would this work concerning the high volatility of crypto currencies?
Would you basically make wic from giftcards very expensive? (like lets say if the current exchange price is 1$ = 1 wic and you would then sell gift cards with 10 wic for 20$?)
Hey, let me try to explain how it will work:
We will not be buying back WiC or funding the reloadable cards with the 5% which is reserved solely for in-app distribution.
The customer who wants to buy a reloadable card will pay in fiat and the seller of the cards will buy the exact amount of WiC at that moment's price and forward it to the customer. So that means the seller will not have pre-bought WiC but will buy as per the customer demands.
Hope that clarifies it. If there is any further questions, feel free to ask me.
Thanks!