HOW IT WORKS
When a buyer wants to make a purchase, they create a SellMe profile, which describes the product or service that they want to buy. The SellMe profile is then sent to WeBuy sellers in the buyer’s geographical area who are selling the products or services that the buyer is looking for.
This Approach Leads to a New Win-Win Situation
Buyers are able to find the products and services that they want, at the best price, nearby, and are compensated for reviewing relevant ads.
Sellers are able to reach potential customers and clients who they know are interested in their specific products.
In effect, customer acquisition and transaction costs are cut, and advertising is targeted and highly effective.This results in a true win-win for both parties involved.
BUYER REFERRAL NETWORK (BRN)
Blockchain technologies provide WeBuy with full transparency and reliability.
WeBuy will be completely open source and will operate autonomously with no entity controlling the majority of its tokens. Its data and records of operation will be cryptographically stored on a public decentralized blockchain.
WeBuy will generate tokens, set criteria, and distribute utility tokens from day 1.
WeBuy will adapt its protocol in response to proposed improvements and market feedback based on a majority consensus of all WeBuy users.
The combination of a decentralized ledger and a user-friendly application/marketplace creates a self-sufficient ecosystem.
The WeBuy platform allows for the verification and confirmation of ownership for sharing revenues.
The WeBuy sharing model will be implemented as a Smart Contract. Transactions will be verified using asymmetric cryptography keys. Sellers will be fully confident that the advertising they pay for is seen only by interested buyers.
THE PLATFORM AT A GLANCE
WeBuy is an advanced on-demand advertising platform accessed through a mobile application and based on a complex web of Buyer Referral Networks (BRNs), created and governed by users of the platform (buyers). It combines its core components across the public Stellar network and WeBuy blockchains. The platform will link or interoperate between these chains. WBY tokens will form an integral part of the main Stellar network – enjoying all the benefits it offers, including fast and cheap transactions.