WHIRL ICO REVIEW

lachious (35)in #whirl • 5 years ago

ABOUT WHIRL PROJECT
WHIRL" is empowering individuals to fund each other dreams and makes a community of like-minded people utilizing mutual self-support to launch a worldwide liberality circle. WHIRL is a blockchain-based, a social vision and is the first socially-determined Pay-It-Forward Crowdfunding Platform that is centered around private goals and dreams, helping people to collect the money they require without owing anything, to anybody.

ROLE OF WHIRL PROJECT

With Whirl, you help others to help yourself. One doesn't need to be afraid of debt again, One way to fund your dreams is to get into debt. With Whirl, you can raise funds that don’t have to be repaid.

whirl-app want you to first provide help to others in the community, then the Whirl community will help you in turn.

Karma is the bonus you get when you back someone. Karma is at the heart of Whirl. The degree of karma reflects how much backing you’ve offered to other members of the whirl community. one can earn seven karma points for each dollar of funding help you offered.

The greater karma a member has got, the faster the flow towards the Active Zone and the extra price range could improve.

For instance, in case ALEX earned 10,000 karma, He could set a fundraising intention of $10,000. So it makes sense to returned as many campaigns as you may have enough fund. On every occasion, that MIKE earns karma, those in advance of His line receive their karma bonus also. if just one marketing campaign was returned and in no way do something else, he still gets his turn inside the energetic zone eventually. that makes whirl rotational.

EXISTING PROBLEMS

Most Campaigns Fail, in the nearly two-thirds of all crowdfunding campaigns end up unsuccessfully and the number keeps growing day by day. With many campaigns in the market, it's difficult to track each of them, leading to missed deadlines and false promises.
Impractical For The Average Person, Many people find crowdfunding impractical. For those who run rewards-based campaigns, they have to spend all of their time on distracting tasks such as making a video, designing a t-shirt, and coming up with stretch goals. For those running campaigns for donations, they have to beg friends and family for donations.
Geographic Discrimination, Crowdfunding is highly restricted by geography, different countries have their own platforms where they transaction in fiat currencies with global banking restrictions. This fragmentation is prevents quality backers from investing in quality campaigns.

WHIRL TOKEN INFORMATION

WHIRL platform cryptocurrency uses WRL as their token. WRL will serve as a primary means of payment across WHIRL.

CONCLUSIONS

Whirl is a crowdfunding platform, powered by the Ethereum blockchain, and developed on the ‘pay now, get later’ theories. eg owners of the Campaigns started the campaigns followed by Backers, this, in turn, help those that may join later to start their own Campaigns. Backers provide crypto-currencies to campaigns of other individuals, and in return, they receive Karma (bonus) Points, which help their own Campaigns. Help other people to encourage yourself, you can raise a fund that doesn't need to be repaid. You should simply to help other people first, and the whirl community will help you earn KARMA when you introduce others to earn KARMA which is at the heart of Whirl.

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