VI. ICO Action Plan
Last updated
Last updated
The funds collected through ICO will be used to develop WITH platform and create ecosystem. Develops a block chain platform in which information and token transaction between participants (node) takes place, and uses 35% of the total funding for R&D of the platform’s core functions. The plan is to use 20% of its funds to develop WITH platform into a stable and competitive business model, and 20% for platform marketing through various advertising channels. For the efficient settling of WITH platform, collaboration with a number of sports companies, stars, and organizations is essential, thus allocates 15% of funds to these partnership contract. Lastly, 10% of the fund is set as a reserve fund to respond to the market volatility and contingencies.
ICO participants should be aware of the following articles before purchasing WIKEN.
Risks and Uncertainties: A white paper is not a guarantee, but a description of the business program and its vision. ICO participants must be fully aware that actual business process might change according to its gradual progress and circumstances.
Restriction to ICO participation: People from those countries where ICO is restricted cannot participate in ICO. If a citizen from those countries participates in ICO, he/she is responsible for subsequent legal responsibilities.
Language: The original version of the white paper is written only in Korean and English. The other copies of the white paper written in other languages may contain some mistranslation and omission. It is recommended to confirm with the original version of the white paper written in Korean or English before beginning the ICO participation.
Characteristics of WIKEN: WIKEN cannot be utilized for other purposes apart from those described on the white paper. Given that WIKEN is not a stock/bond, neither profit nor voting right is offered to WIKEN possessors.
Cancellation and Refund: ICO participants cannot demand for cancellation nor refund of purchased WIKEN.