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Community sourcing, voting and funding are at the heart of Favourse. Thanks to blockchain technology, anyone around the globe can trustingly co-create on Favourse. Whether promoting or launching passion projects, the intuitive and easy-to-use Favourse App is where everyone can unite, explore, and contribute to “larger than life” events.
Bottom-up Approach
Voting for your Event/Person (Community sourcing, Community voting)
Top-down Approach
Assessing Demand / Checking Interest (Community funding)
You already know what you want to offer and want to confirm if there’s enough interest towards that offering from the community.
You can also pre-sell or crowdfund your event.
Meaning that you can say “if I have 20 people interested” or “if I have $500”, then I’d offer this event.
For example, if you want to see a live stream discussion of your favorite YouTuber and favorite musician, then just create that Wish on Favourse and get the crowd behind your idea. Once your Wish gets enough traction, you can approach the requested people and tell them about the demand for this event.
Once an event has been successfully created on Favourse. Let’s say, a creator has been invited to a certain town to give a specific event. Other Favourse users can request that particular event again in a different town or online.
You can also pre-sell or crowdfund your event.
Meaning that you can say “if I have 20 people interested” or “if I have $500”, then I’d offer this event.
For example, if you want to see a live stream discussion of your favorite YouTuber and favorite musician, then just create that Wish on Favourse and get the crowd behind your idea. Once your Wish gets enough traction, you can approach the requested people and tell them about the demand for this event.
Once an event has been successfully created on Favourse. Let’s say, a creator has been invited to a certain town to give a specific event. Other Favourse users can request that particular event again in a different town or online.
Creators can offer rewards for when their Crowdsourcing or Crowdfunding campaign is successful
These contests will award the wish-creators that are most successful in terms of gaining the most fans/learners or resources (like teachers, finances, supporters).
To save on fees to run campaigns on Favourse, creators can use FavourseCoins and save 50% on fees. Alternatively, users can use means of payment.
BinanceCoin Principle: Users can save on transaction fees by using the platforms’ own BinanceCoin (and because of limited supply leading to increasing demand)
FavourseCoin holders can stake their coins on the Favourse Platform to receive staking rewards. These staking rewards come from transaction fees users pay for using the Favourse Platform
Users can “Super Vote” events or suggestions
RedditCoin Principle: Users award other users for their outstanding contributions (on Favourse this means giving an award as well as transferring FavourseCoins to that user)
0.5% of FavourseCoins, as well as 5% of the profits from transaction fees, are allocated to the “Undistracted Mind Fund”, which awards scholarships to practitioners of meditation for long-term retreats.
The UMF is a fund dedicated to supporting dedicated meditation practitioners.
Favourse follows the common freemium model. Using Favourse is free for all.
Our business model follows the simple principle of taking a commission for any transaction on the Favourse Platform.
Favourse either reduces or waives fees completely for events that are not-for-profit or supporting the greater good.
Favourse also promotes events revolving around kindness, generosity, giving, and paying it forward.
When doing a Wish or Offer it is also possible to decide on Charities that would receive a portion of the profits.
Total number of Token for sale
Total number of Token for sale
Pre-Seed
3,000,000 FAV
Private Seed
10,000,000 FAV
$300,000
Private Sale
12,000,000 FAV
$700,000
IDOs
14,000,000 FAV
$1,750,000
| TOTAL TOKENS | 5% |
| # OF TOKENS | 10,000,000 |
| PRICE ($) | 0.03 |
| TARGET AMOUNT | $300,000 |
| MIN. INVESTMENT | $1.000 |
| MAX. INVESTMENT | $50.000 |
| UNLOCK SCHEDULE | 7% at TGE, 4 months Cliff, 12 months linear vesting |
| TOTAL TOKENS | 7% |
| # OF TOKENS | 14,000,000 |
| PRICE ($) | 0.05 |
| TARGET AMOUNT | $700,000 |
| MIN. INVESTMENT | $1.000 |
| MAX. INVESTMENT | $50.000 |
| UNLOCK SCHEDULE | 10% at TGE, 3 months Cliff, 12 months linear vesting |
| TOTAL TOKENS | 7% |
| # OF TOKENS | 14,000,000 |
| PRICE ($) | 0.125 |
| TARGET AMOUNT | $1,750,000 |
| UNLOCK SCHEDULE | 10% at TGE, 6 months linear vesting |
| TOTAL TOKENS | 20% |
| # OF TOKENS | 40,000,000 |
| PRICE ($) | – |
| TARGET AMOUNT | – |
| UNLOCK SCHEDULE | 2.5% at TGE, 36 months linear vesting |
| TOTAL TOKENS | 17% |
| # OF TOKENS | 34,000,000 |
| PRICE ($) | – |
| TARGET AMOUNT | – |
| UNLOCK SCHEDULE | 3 months Cliff, 15Milestone and time – based vesting |
| TOTAL TOKENS | 15% |
| # OF TOKENS | 30,000,000 |
| PRICE ($) | – |
| TARGET AMOUNT | – |
| UNLOCK SCHEDULE | 3 months Cliff, 15Milestone and time-based vesting |
| TOTAL | 2% |
| # OF TOKENS | 4,000,000 |
| PRICE ($) | – |
| TARGET AMOUNT | – |
| UNLOCK SCHEDULE | 36 months linear vesting |
| TOTAL TOKENS | 14% |
| # OF TOKENS | 28,000,000 |
| PRICE ($) | – |
| TARGET AMOUNT | – |
| UNLOCK SCHEDULE | 1.5% at TGE, 36 months linear vesting |
| TOTAL | 2% |
| # OF TOKENS | 4,000,000 |
| PRICE ($) | – |
| TARGET AMOUNT | – |
| UNLOCK SCHEDULE | 2.5% at TGE, 36 months linear vesting |
| TOTAL TOKENS | 6% |
| # OF TOKENS | 12,000,000 |
| PRICE ($) | – |
| TARGET AMOUNT | – |
| UNLOCK SCHEDULE | 6 months Cliff, 27 months linear vesting |
| TOTAL | 5% |
| # OF TOKENS | 10,000,000 |
| PRICE ($) | – |
| TARGET AMOUNT | – |
| UNLOCK SCHEDULE | 100% at TGE |
| TOTAL TOKENS | 100% |
| # OF TOKENS | 200,000,000 |
| TARGET AMOUNT | $2,750,000 |
No.
PROJECT
TOTAL TOKENS
# OF TOKENS
PRICE ($)
TARGET AMOUNT
UNLOCK SCHEDULE
1.
Pre-Seed
1.5%
3,000,000
0.02
$60,000
7.5% at TGE, 12 months linear vesting
2.
Private Seed
5%
10,000,000
0.03
$300,000
10% at TGE, 10 months linear vesting
3.
Private Sale
6%
14,000,000
0.05
$700,000
15% at TGE, 8 months linear vesting
4.
IDOs
7%
14,000,000
0.125
$1,750,000
20% at TGE, 6 months linear vesting
5.
Ecosystem Rewards & Marketing
20%
40,000,000
–
–
2.5% at TGE, 36 months linear vesting
6.
Team
17%
34,000,000
–
–
15 Milestone and time – based vesting
7.
Development
15%
30,000,000
–
–
15 Milestone and time – based vesting
8.
Legal & Accounting
2%
4,000,000
–
–
36 months linear
vesting
9.
Advisors, Partnerships, Supporters
14%
28,000,000
–
–
1.5% at TGE, 36 months linear vesting
10.
4 Treasuries
2%
4,000,000
–
–
2.5% at TGE, 36 months linear vesting
11.
Reserve
5.5%
11,000,000
–
–
36 months linear vesting
12.
Exchange Liquidity
5%
10,000,000
–
–
100% at TGE
TOTAL
100%
200,000,000
–
$ 2,810,000
The function of the Private Sale is the following:
Tokens of the Team, Advisors, and Supporters are locked and vested.
With SeminarDesk, Favourse has a strong partner in technical development as well as great opportunities to connect to new customers.
Founded in 2018 in Germany, SeminarDesk is the all-in-1 event management solution.
Existing and future customers of SeminarDesk will be able to use the Favourse platform effortlessly
Favourse users that need a solid and professional event management solution can easily upgrade to free or premium features of SeminarDesk; thereby earning Favourse financial and HR resources to develop its platform further.
SeminarDesk and Favourse will share development costs and resources for online payment integration as well as the online event booking platform
Existing and future customers of SeminarDesk will be able to use the Favourse platform effortlessly
Favourse users that need a solid and professional event management solution can easily upgrade to free or premium features of SeminarDesk; thereby earning Favourse financial and HR resources to develop its platform further.
SeminarDesk and Favourse will share development costs and resources for online payment integration as well as the online event booking platform
Favourse is part of the SeminarDesk Family.
Favourse has been backed and bootstrapped by SeminarDesk – financially and by providing human resources, expertise, connections, and pilot customers.
We are a group of passionate and like-minded web entrepreneurs who share a common mission. We pursue personal fulfillment by collaborating and generating value for Favourse and contributing our expertise and skills. This optimal combination of premises has proven to make our collaboration very time-efficient and productive since our fields of expertise, experiences, and personalities complement each other.
Some team members have been involved in crypto/blockchain for around 10 years.
Advisors are responsible for planning and executing business strategies to improve efficiency in the operational and financial management of businesses
Project Development & Investor Relations
Advisor of Art
One of the worlds top professional poker players & peak performance coach for men
The technical architecture will ensure easy adaptability to multiple languages. We will follow marketing strategies that have proven successful in the earlier stages of this project. For example, we will identify multipliers on different levels (personal and professional blogs or YouTubers, online/offline crowdfunding and online event magazines, etc.) that can use their market reach and credibility to help us reach a wider audience.
2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
Q1 2023
We would love to hear back from you!
Any questions, feedback, ideas, or want to collaborate with Favourse?
Create Events & Experiences Together by Voting & Crowdfunding on the Blockchain
Favourse is Reddit meets Kickstarter on crypto.
