How can I be an owner of Worldwide Virtual Expo Center?
At the first day after ICO running finish, you get ExpoBlock to your personal account. ExpoBlock amount is the same as ExpoCoin you have 1:1. As a result, you have and ExpoCoins and ExpoBlocks. The more ExpoBlocks you have, the more profit every month you get.
What is the difference between ShowMeBiz platform and other apps for exhibitions?
There are many different products for exhibitions and trade shows. Most of them are created for individual use only. ShowMeBiz platform is like Uber for taxi, just for exhibition industry. Wherever you go or which expo you wish to get info from you can use ShowMeBiz. But the main difference is Blockchain technology and Worldwide Virtual Expo Center, where anybody can own space and get its benefits from hiring.
How does ExpoBlock work?
ExpoBlock is not a token and will not trade on market. It is a unit shows who is the owner of virtual expo space and who is getting profit. There are 300 million ExpoBlocks and each will be owned by users who buy ExpoCoin during ICO run. After all ICO stages finish there are no way to buy ExpoBlocks anymore.
How much is the profit from ExpoBlock hiring?
Our goal is to hire every single ExpoBlock to the companies. 80% of Virtual Expo income goes to ExpoBlock’s holders as a profit. You do not worry if your ExpoBlocks are hiring or not as total income from Virtual Expo hiring shares between ExpoBlock’s holders. There is the formula:
Monthly profit= 80%*Total Income / 300 000 000 * ExpoBlock’s amount
The more ExpoBlocks you have, the more profit you get. The longer Virtual Expo Center works, the more total income from hiring.
When you will release your mobile app?
The mobile app is ready for download from 20th of January. There is more than 20 000 exhibitions info from 40 countries up to 2019. Soon every exhibition will have companies list and all functions for attendees. At the end of 3rd stage of ICO all exhibitions will be provided by live streaming and 360 videos for VR view. At September 2018 the Virtual Expo Center fully function starts.
When does ShowMeBiz ICO Starts?
Pre-ICO starts on 20th of January 2018 and will run for 21 days. There are 4 stages including Pre-ICO. It helps distribute all ExpoBlocks and provide benefits to all investors who want to be an owner of Virtual Expo Center. By the way, all investors can follow ICo success live and till the end if ICO follows the news of Virtual Expo developing.
What makes the ExpoCoin token (EXPO) unique?
The uniqueness of the EXPO token is that it is demand-based. Each transaction in a Virtual Expo Center and ShowMeBiz platform forms a demand for token, because part of the funds from the transaction go toward its purchase on the open market. This ensures constant liquidity of the EXPO tokens
Is there a minimum amount of tokens to buy?
Minimum token purchase amount during the token sale is just 100 EXPO tokens.
If the project does not work out, is there a possibility of returning the investments?
The project is not a start-up, we have a working product, so we do not anticipate having to return funds.
How is profit accrued: in ExpoCoin or $? And how do you liquidate them, and when?
Profit accrued: in ExpoCoin, there will be a currency exchanger inside the cabinet at the time of completion of ICO and after linking your bank card and passing the verification process, you can easily withdraw your money.
Will the profit depend on the currency exchange of ExpoCoin?
Yes, of course!
Could you please explain how to receive fiat money (dollars, rubles, etc.) from ExpoCoin?
At the end of the ICO, there will be an exchanger and you will have an opportunity to convert into fiat money (upon verification of your card)
Is it possible that ExpoCoin may rise up to $1,75 after the ICO?
It will 100% rise (there are only 300 000 000 of ExpoBlock), this is the benefit to investors. Additionally, owning ExpoCoin has the added benefit of creating an additional asset, ExpoBlock of 1:1 ratio.
So, there is no point to keep ExpoCoin after having created an asset in ExpoBlock as they will always be at $1,75 and won’t rise any higher?
ExpoCoin will rise and its predicted to reach $200 for 1 ExpoCoin by the end of 2019, as there are only 300,000,000 of ExpoBlock, however, ExpoCoin can be traded as soon as ExpoBlock is acquired.
Do I decide for myself when the best time is to exchange ExpoCoin to fiat money?
Yes
If the client decides, can he trade all of his ExpoCoin but still receive regular and monthly dividends from renting out his ExpoBlock? For example, I purchased 1000 ExpoBlock for 1000 ExpoCoin. Will I be receiving dividends from ExpoBock, while ExpoCoin remains in my account?
Almost:
- You purchase ExpoCoin for dollars, that’s what we do now. Later, after the ICO ends, the system will recognize how many ExpoCoins you have and will convert them at a Block rate of 1:1. Block - Is a certificate acknowledging you as an investor and expecting to receive dividends (gold bars in the bank). However, the currency, ExpoCoin, can be traded (companies will be purchasing ExpoCoin by this time)
Is the first dividend planned for 2018?
Yes, in September the paid stage will be launched, and on 1.10.2018 the first payment to investors is planned.
What if I buy 1000 ExpoBlock, on my account 1000 (+500 if before 23.01) ExpoBlock + 1000 ExpoCoin. From October on, I start to receive dividends. However, I still do not fully understand the mechanism for the withdrawal of the dividends. On the account, say, I receive 1000 ExpoCoin + % of profit. How can I withdraw them, besides trading them? I really don't understand. ExpoCoin is already registered to withdraw for example, through an exchanger in any currency (the video you talked about) on privat-24?
Thank you for such an in-depth question.
- At the beginning for your $1,000, you get 1500 ExpoCoin.
1st February you download the app and get 1 extra ExpoCoin.
Invite mother or a friend and get 1 more ExpoCoin for each invite.
All together you accumulate 1503 ExpoCoin.
On the 1st August, you will have
- 1503 ExpoCoin
- 1503 ExpoBlock
From October 1, you can make a profit, and by October we will have an internal exchange (there are customers, companies, users who will need these ExpoCoin, so this is of utmost priority to us). There will be various available systems for withdrawal and deposit of money (Visa / Mastercard).
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