WaBi moon

You also told us to buy it at 2.25

fuck off

They also dropped a big surprise on their telegram this morning. They're in with cosmetics as well. Yuuuuuuge industry that nobody was expecting.

Strap in fuckers.

stay poor faggot

Someone annoyed they didn't fill their bags?

just wait till they add this shit to everything from booze to transplant organs

Wtf... 70mil mc with a working product fag.... look and wtc with only a smoke-dick in their hands... can u even into math faggot?

kek this

>Drops from 2.2$ to 1.5$
>Goes from 1.5$ to 1.7$
>TOLD YOU GUYS ITS MOONING

Stay poor.

but guys why are the tokens useful, i don't see the point, but I like to see my money go up.

WTC is almost out and is much more useful and advanced than wabi. It's worth double.

They're not and don't let the shills tell you otherwise. Just ride the pump but be ready to exit. Be safe out there user.

GET IN WABI THEN LETS GET IN ICX LOL.

>almost out... i p-promise

Gtfo pajeet, wtc has a massive scaling issue that they can't resolve in near future

Loyalty tokens that give discounts and act as an incentive to scan the product, thereby keeping the entire system secure. It's a pretty tl;dr of how it works but you're a retard for thinking they don't have a use.

Also guys, in their latest announcement they said they were also selling cosmetics DO YOU FUCKING REALIZE HOW BIG THAT IS HOLYMOLY.

With the money from wabi i sold at loss, ive put it in another coin that went 2000%

Stay poor pajeet. Have fun with your x2. No wait, youll break even when its at 2$ and drops again

The token is crucial for the project as it's used as an incentive to scan the Walimai labels. The only way the system will stay secure is if costumers keep scanning the labels, and keep updating the database with the current products in circulation, and if they're fake or not. When you scan these labels you receive WaBi as a reward, and if the token has no value, there's no extra incentive to keep scanning. You're "mining" WaBi, you could almost call it a very simple form of PoW. Walimai has also stated that the WaBi price will be directly tied to exchange pricing.

There is a problem if people trust the Walimai label so much that they forgo scanning the products. The system would be compromised. By adding an extra incentive, the token, you can be more confident in customers actually taking their time to scan the product. Furthermore, these tokens can be used to buy Walimai products at a discount, ensuring that as long as people want Walimai products, the token will be in demand. You can also buy WaBi tokens directly from Walimai.

The blockchain adds integral security to the system that it wouldn't otherwise have. The token is an added incentive on their back-end blockchain system. As I mentioned, it's used to make sure the data on their blockchain stays updated. Remember that a lot of crucial logistics data is going to be stored there as well, not just the tokens. Keep in mind, that by having the data on the blockchain means that no one can tamper with it, not even Walimai themselves. This lets consumers place their full trust in the system.

lmao

>almost out
>we swear we're better
>still just a video of a dude walking around looking at UPC codes

whatever man, you got pumped, take your green didlos and move it into a product worth backing.

>starts trading at 4x ico
>goes up 150% to 2.5$
>corrects to 1.6ish during the greatest btc crash up till now...
>ready to moon again

Wtf is ur problem imbecile?

By having the token as part of the blockchain in this state makes it subject to open-market speculation and pricing; price is going to be directly tied to exchanges and will give the token a speculative value. This will be temporary as the Walimai market grows and organic growth reduces the volatility. Due to the token being a loyalty program, and a currency you can buy to spend in the Walimai retail channel, the tokens value will be directly tied to the value of Walimai products. That is, the more products they sell through the WaBi tokens, the higher its value will be. So what makes the token system different from a regular loyalty program? The supply. The tokens are minted at a limited scale, a regular loyalty program doesn't have this kind of limit as loyalty points can be created indefinitely. As long as the company can afford it, obviously.

A limited supply will slowly increase the value of the token as the Walimai retail channel grows, this will ensure loyalty in the long-run as you keep buying within their retail channel you are also giving yourself a small bonus.

People have also been pointing out that they're basically giving out the WaBi for free. This not true, for two reasons:

>The WaBi reward is a small payment for keeping the system secure
>This is just one of the uses cases for WaBi

The free WaBi is not going to be enough to buy a full product. It's going to be a minimal amount, enough for people to want to scan the product, but not too much as to ruin the ecosystem. After someone has scanned a product, they are going to have some WaBi, and are going to want to use it somehow.

Let's say a costumer has 2 WaBi, the product they want to buy costs the fiat equivalent of 20 WaBi, if they pay the whole amount in WaBi they only have to pay 18. They now have two options:

>Buy the product in fiat for full price
>Buy 16 more WaBi from Walimai, and get a 10% discount

These 16 WaBi are going to be bought from exchanges, Walimai stated that they will have a buffer to expedite transactions, at market price, creating the demand you are asking for. This process is explained in more detail in their Whitepaper.

In addition to this, as Walimai grows they will start accumulating a very large costumer base of their own. Other retailers and suppliers are going to see this and want in on their market. What Walimai will then do is give them the opportunity to buy into the Walimai retail channel by buying WaBi in bulk. This can be used for stores lacking their own loyalty program as well.

Think loyalty programs sound stupid? Think again:

foresightfactory.co/2017/07/18/loyalty-program-strategy-asia/

marketing-interactive.com/nielsen-retail-loyalty-program-key-win-market-competitiveness-china/

thewisemarketer.com/channels/loyalty-strategy/alibaba-launches-umbrella-loyalty-program/

Do u poo in lo ghandi?

This pajeet doesn't understand that WaBi held its sats value, too bad you won't be joining our run to $4. Only wage cucks worry about the USD value.

I've been in since 0.25$ so I'm enjoying my daily 100%

>larping

there was enough shilling about the coin.

congrats you total faggot. You bought low. People were shilling about a moon at 2$

It didnt dip during the crash idiot. It dipped way before.

Wabi will be massive, funny to see ur monopoly money IRL

It went down to like ~$1.35. I wouldn't even say it's mooning right now.

NICE FUCKING SCSAM I BOUGHT AT THE TOP

>Ignoring sats value staying sideways and looking at USD value while bitcoin dumps massively over the week.

I can see you're an intelligent individual

It will be ... jesus... what's the point in buying while it is up already? U gonns wait a bit more? Buy at 2$?

get out. now. you'll lose money thinking in USD.

Hand your bags over now.

I really need this to go up, senpai. I bought a few days ago and it's only lost me money.

Hi

Our purchases are eerily similar. I think long run, WaBi is good but shit is not doing well this week.

Great post user, you are appreciated

Brainlet here. How would they give tokens if we own them? Wouldn't the supply of the token be limited?

I just dropped some eth on wabi. Shit looks good like its just getting started

Decimals mane

So, the first people using the app would get a lot more value out of the token?