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 any more.
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 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?
Mobile app is ready for download from 20th of January. There are 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 livestreaming and 360 video 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 during 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 Virlual Expo Center. By the way all investors can follow ICo success live and till the end if ICO follow the news of Virtual Expo developing.
What is the conditions for the Pre-ICO?
The Pre-ICO starts on January 20 and ends on February 9. You can receive up to a 50% token bonus for purchases during this time period. I.e. if you buy 30 000 EXPO tokens, you will receive a bonus 15 000 EXPO tokens, so in total you’ll get 45 000 EXPO tokens. If you need an exclusive offer please contact us: [email protected]
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.
Can I purchase ExpoCoin in a period of ICO (february,april)? Or it can be done only in march, may, july?
The purchase of ExpoCoin in the period of ICO is not available. Only at the start of ico stages within 30 days.
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.
Would I need to register again if I typed my name in Russian at the time of registration?
No need to register again, however, every investor will receive a certificate confirming the ownership of the investment and change of name and surname will be necessary to complete in the profile (profile editing is not available at the moment due to data protection during ico)
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 invesotrs. 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.
I invested in BTC, my transaction went through, but I cannot see it reflected in my balance.
Good day. Please check carefully if your balance has changed in ETH. We work with Efirium and regardless of the form of payment you made, you should be able to see the balance in ETH. The transaction from BTC may take some time, it depends on confirmations of the transaction inside the Blockchain. As soon as the transaction is confirmed it will be credited to our account, and you’ll see your credited balance in ETH, after which you will be able to quickly and easily purchase ExpoCoin.
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?
- You purchase ExpoCoin for dollars, that’s what we do now. Later, after the ICO ends, the system will recognise 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.
When do the smart contracts become signed?
At the moment of registration and purchase of ExpoCoin, smart contracts are signed. After the 2nd stage (June), a virtual Expocentre on smart contract technologies will already be developed. Furthermore, after the 3rd stage (August 1) you will have ExpoBlock, and you get the official certificate CO-OWNER of the virtual exhibition center. From this moment on, all information about the work of the center will be available in the personal cabinet.
What do you mean by: “The user has the right to transfer their ExpoBlock to other users of the platform” to transfer or to sell?
For example, you decided to leave your child the inheritance, or perhaps husband or wife or to transfer to a friend partially. You transfer the right of ownership, this person will also have a certificate, and he will also be able to claim profit, but it's up to you to decide on what terms you will do so. Some individuals may choose to sell their ownership while others may donate it or gift it for free. We will not be able to control this process nor could set the price.
What if the person who is inheriting the blocks is not a platform user? Does he need to register?
This will only be available beginning in August and yes - a person will need to register in the system
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).