Wellmee ICO Review & Rating

What is Wellmee about?

Happier people are up to 20% more productive at work. Wellmee presents the unique Wellmee mobile application, which enhances the overall wellbeing of its users through mentoring, engaging and entertaining. With the Wellmee app, people are more productive and creative, which brings more profit to their employers. To reward their employees, there are Wellmee tokens linked to the app. These tokens are going to have plenty of value in real world marketplaces.

In other words: Win – Win – Win situation.

What are the value drivers behind Wellmee token price?

The main value driver behind the Wellmee token price is the adoption of Wellmee app.

With the right approach Wellmee can focus on most of the important aspects and through personalized content in the app to provide the user of Wellmee app the most suitable content. Having the concept backed by rewarded studies from positive psychology, implementing artificial intelligence and machine learning to provide to unique user unique content based on his or her personality and their needs.

In terms of employers – whether big global corporates or SMEs – they are all struggling to find the way how to make their employees more engaged. With Wellmee app their employees/users will have continually enhanced their wellbeing which will apparently positively affect their attitude at work as well. The merchants on the other hand will have another possibility how to sell their products or services while accepting Wellmee tokens as a payment.

Created business plan shows that the business model is not only feasible but also with this certain SaaS very profitable from fourth year on once there is released the Wellmee 3.0 app.

Wellmee ICO Review and Analysis

Review and analysis of Wellmee by ICO analysts:

Strengths

The project has balanced tokenomics with reasonable hardcap of 25M usd
The value proposition of the project distinquishes clearly from most of the ICOs, as the project is targeting the employee wellbeing industry by introducing a brand new, blockchain-based employee benefit ecosystem worldwide

Potential concerns

The one pager seemed to be of supbar quality compared to what is needed in order to convince investors
At the time of the review the project has a very small social media following

Wellmee ICO Rating: BB

Wellmee rating breakdown by ICO analysts - Learn more about the rating and grading here

Rating category	How to evaluate	Rating
Team legitimity	How experienced is the team in terms of blockchain and project industry track records?	3.9
First Impression	What kind of first impression the ICO website and whitepaper gives?	2.5
Potential of tokenization model	How appealing is the token from both project business and ICO investor's point of view?	3.1
Hard Cap	Is the hard cap of the ICO appealing from investor's point of view?	3
Token allocation + Fund allocation	How are the tokens allocated after token generation? How are the funds raised from the ICO going to be distributed in moving forward with the project?	3
Professionalism of the available material	How good are the marketing materials of the ICO?	3.3
Realism of the roadmap compared to the team size and budget	The roadmap is divided into 4 tiers according to different amounts of money raised	3.5
Partnership network	Has the ICO announced partnerships, if so how big and credible companies are they?	1
Background of the managing organization	Has the managing organization a successful track record in business?	NA
Size of social media communities	How big are social media communities, especially Telegram and Twitter following?	1.5
Reviews on other ICO sites and media	Are there other reviews of the ICO available?	3.5
Is it easy to find the relevant information from the provided materials?	Is it easy to find the relevant information from the provided materials?	4

What is the value proposition of Wellmee?

Wellmee is special. On the one hand, it brings a mobile application which helps people live their lives better. On the other hand, it creates a unique ecosystem for employers and employees. Certain competitors are aiming justto help users’ with relaxation and meditation, some of them are more focused on their engagement in work, to stable work-life balance, none of them have yet gone that far – as Wellmee has the intention – to involve more employer to play a significant role within the model where employers could reward their employees for continuously using the app. Together with the fact that the reward is represented by tokens
which will have plenty of use in different marketplaces – it all makes the Wellmee project unique worldwide.

Research shows that unhappy workers cost the U.S. itself between $450 and $550 billion in lost productivity each year, and that 7 out of 10 US workers aren’t working to their full potential. And this is a global problem. Even 87% of C-Suite executives recognize that disengaged employees are one of the biggest threats to their business.

The Wellmee token

Token symbol: WLME
Total token sale: 1,000,000,000.
Tokens to distribution 50%, i.e.: 500,000,000
Unsold tokens will be burned.
Future token value increase: The more people and employees in the ecosystem will be, the bigger demand for Wellmee tokens will be and therefore the value will grow.
Whitelisting: No.

Wellmee ICO Roadmap

Concept of The Happiness machine

June 2014

Concept of The Happiness Machine: Mobile Behavior Change by (Aaron Marcus and Associates, Inc.Berkeley, USA) is created

Concept of Wellmee app

March 2018

Concept of Wellmee application is established and loosely follows on „The Happinness machine“

Initial Token Offering

November 2018

ITO takes place

Dream come true

December 2018

Development of the app starts! Wellmee team is complemented continuously and appropriately (mainly experienced Psychologists and world-class SW engineers)

Development and Ecosystem setup

January 2019

Beta program of Wellmee app is continously released based on agile development; Foundations laid for functioning of the ecosystem for both Employers and Merchants

Wellmee 1.0 is released (by Jan 2020)

January 2020

Available on iOS and Android; Covers the fundamental features; Pilot with the companies is done

Wellmee 2.0 is released (by Jan 2021)

January 2021

Offering most of the key features; Operating with initial Employers and Merchants; First revenue is booked

Wellmee 3.0 is released (by Jan 2022)

January 2022

Fully functioning app with all its necessary features; Having its regular users where numbers are exponentially growing; Recognized by all big companies on the market for its benefits