After some more reading I understand your economic model a bit better. But to those who pay without getting anything(correct me if I am wrong), how will you convince them to continue paying? I mean, some people will pay and pay and pay, and loose a lot compared to just buying the products that they want?
I Did not get an answer to this, and i think it's one of the more important questions. I mean if you have no plan here then you could just advertise this as a lottery with the prices that you really want to win. Maybe not the worst idea
Hello, thank you very much for joining and for taking your time reading our whitepaper. This is a great question and I will be very glad to answer it.
Our mechanism is calibrated to allow an healthy turnover in the victories and keep the interest high both for the ones who are, and for the ones who are not yet being assigned the products.
furthermore, our business model and our margins allow us to distribute incentives among participants. This, combined with the current state of our competitors, and the technological advances we want to bring in the market, makes us very confident on the power of our value proposition
Alex - CEO @ Snapup ltd.