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World Blockchain Project, Inc.

Building a Scalable Blockchain Community
INVEST

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min$10k

max$1070k

funding goal 

Reg CF

exemption used 

$250.00

min investment 

$0

amount raised 

0

investors 

Security Offered:

Debt Until Security Token Offering.
See description of offering below.


40% Timed Bonus!

Receive 40% Bonus Tokens at the time of our planned Security Token Offering by investing before the bonus period ends.

Bonus Period Countdown

 

 

 

 

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Our Mission and Vision

A Scalable Blockchain Community

 

Blockchains are community-owned organizations governed by technology. World Blockchain Project is a company focused on optimizing universal processes, systems, and incentives required to organize a sustainable community.

We begin with a head-start having built Chicago Blockchain Project (“CBP”), a community of 2,600, nominated for a Chicago Innovation Award, and managing the production of Voice of Blockchain. This was our proof-of-concept. We now will optimize, document, and automate our continual methods to allow for expansion to new markets.

We monetize synergies in the community through events, education, sponsors, and partnership. Profits are then reinvested in the ecosystem, replicated around the globe, and used to incentivize participation for those who will invest, build, and shape the future.

Our final objective is to create a sustainable ecosystem of impact through incentivized collaboration with World Blockchain Project serving as the driving name in the industry.

The Problem

Blocking The Path Of Progress

Our current economic system extracts values from who we would consider Builders and others who pay for services in a shareholder model.

This is waste.

An emergent property of blockchain systems is an inspiration to act. The system can be engineered in such a way that a positive feedback loop is created between the value of the system and the number of individuals inspired to participate actively. WBP is designed to encourage individuals to achieve their highest potential.

WBP aims to eliminate by reinvesting profits in our platform and incentivize the participation of investors, builders, dreamers, and the communities we inhabit daily.

Build the Community Before the Technology

Technology is not a one-size-fits-all industry, but instead, it must be tailored through data-driven metrics to ensure it creates a viable solution versus a mere continuation of the problem. Blockchain is no different. This presents quite a predicament. How does one test protocol without its most essential element, its community?

We have reversed this process by building our prototype community first. Expanding to multiple communities will allow us to optimize our mechanism design before developing our blockchain based protocol.

Disrupting the Shareholder Model

The current shareholder model is both subjectively and objectively an inferior model. Objectively, the shareholder incentivizes are not aligned with those of the employees leading to less than optimal long-term outcomes. From the perspective of the company as a system, these shareholders represent entropy waste. Subjectively, their purely transactional nature is antithetical to an individual's ability to pursue happiness.

The stakeholder model is hardly better when its incentives do not reward the manager of the organization. This misalignment is better remedied through a market force than ideology.

Our Solution

A Free, Self-Sufficient Market

Building the Community

Communities are open organizations of independently incentivized individuals. These individuals can be loosely bucketed into three types of stakeholders.

Members

• See the value a community provides. Participate to use these services.

• Meetup and event attendees & speakers, professional service providers, institutions.

Builders

• Invests time proactively working to develop, maintain, or contribute to the services provided to members.

• Event organizers, coaches, advisors, companies sharing information.

Investors

• Speculate on the community’s future value and injects capital to accelerate growth.

• Regulation CF investors, community members.

Communities exist only if the service(s) they provide are both desirable and sustainable. Imagine the choice of two cities, one with sidewalks to provide greater public safety and a sanitation department to ensure public health; the other city has neither. Which city offers the better value? The answer depends on the analogous needs identified.

A blockchain community follows this same process, but the services Blockchain Project communities provide range from educational events, networking opportunities, and Continuing Professional Development credits, to consultative, coaching, and advisory services, with one caveat.

Our goal is to educate to the point of advocacy, converting ever passive members to active builders. We call this the “Path to Decentralization”. To accomplish this we must identify synergies and their properly weighted incentives to maximize individual contributions. The value provided must be great enough that people choose to opt-in, giving their most precious gift, their investment of time.

Develop a Sustainable Revenue Model

Chicago Blockchain Project has generated revenue from events, education, sponsors, and contracts with startup companies for equity, tokens, and referral fees. These specific revenue generators have been chosen for their very low overhead and the unique ability of a community to bring the necessary pieces together. To scale this model, we will first need to establish a consistent timing for events and pricing structure for sponsorships.

Growing the member base is a key performance indicator (kpi) for a blockchain project. We host free meetups including regular Intro to Bitcoin, Crypto, and Blockchain events. Builders host free workshop style meetups including Cryptoeconomics Club, Buidl After Work, and Career Coaching.

The team then organizes select ticketed meetups for $10 - 30 per person. These are generally focused on specific topics and areas of education. They include lunch-and-learn and after work events with 20 - 100 attendees generating revenues of $400 - $2,500 each.

Our education platform includes two sides. We have online modules and in person classes created by our community. These classes offer certification on the blockchain with the WBP stamp of approval. Online modules range from $20 - $100. We also offer continuing professional development credit services. These services are included in our event production package for corporates and member organizations. Services start at $500 per session. We source speakers, coordinate the event, and handle all certification requirements.

The community created by these events is a valuable resource for companies interested in connecting in Chicago. Corporations interested in branding, recruiting, avoiding risk in innovation, or positioning themselves as a resource become continual revenue source through sponsorships. Our community can monetize these relationships by solving their problems.

Long term partnerships give the organization massive upside potential in addition to these sustainable revenue sources. Through community coaching, the blockchain project can leverage synergies in the community. A startup benefits from the connections, coaching, and collective information for a token and/or equity cost similar to what an individual advisor charges with no upfront fee. The coaching is provided by professional service providers who commonly offer free introductory session as a marketing tactic. We save them the marketing costs and hassle.

Test Processes, Systems, and Incentive Mechanism Design

The coordination provided by a blockchain relies on two primary sets of value creators. The first are communication methods and tools used to efficiently execute on core services unlocking potential value by removing frictions in participating.The second are the incentives needed to change individual’s behavior.

Communication is what builds a community. While most blockchains hard code the incentives, they rarely provide adequate solutions for the community to collaborate. For our community to operate effectively, we must communicate in a way that makes next steps clear. Incentives will be designed to gamify the specific actions needed to move down the “path to decentralization”.

Our platform will enable the sharing of information that is redundant in our community. Startups can share info on investor appetites and consultancies can share info on the projects in the space. This allows competition to occur at higher levels of innovation further inspiring our members to act.

Automation will be necessary to scale these communication methods. Our first course of action is to document the processes CBP currently uses and create continual systems with feedback loops where they don’t exist. New processes must be tested and automated within the system design. Scaling the community will be made possible through this automation.

The incentives will be tested using tokens internal to the World Blockchain Project. Each Blockchain Project location will have their own local tokens like the CHI Coin in Chicago. These will track member contributions and used to attain services within the community. Builders will be able to “cash out” as 1099 contractors at intervals to be determined.

Create Open-Source Protocol

Our protocol is not determined at this time. It may serve us better to wait to see what solutions are available when we have completed the process of testing and iterating solutions described above. Our goal is to create a protocol that will incentivize participation in liquidity pool of data, needs, and best practices within a community.

Debt Until Security Token Offering

"DUSTO"

Interest Rate

15% simple interest shall accrue and be payable at the Maturity Date in Tokens or in cash, as applicable.

Profit Distributions

DUSTOs will automatically convert into digital blockchain tokens upon our Security Token Offering. Token holders will receive profit distributions based on the platform’s performance after costs plus 20% are retained by the Company.

Equity Distribution

We intend for the holders of the Tokens to benefit from a potential increase in value of our Company’s equity. Tokenholders will be granted a contractual right to receive consideration that is equivalent to the ownership of 285,176 shares, which will be distributed upon the occurrence of a Company Sale. If a Company Sale occurs, each Token will be eligible to receive the consideration allocated to these “phantom shares” on a pro-rata basis.

Maturity Date

The DUSTO will mature 30 days after our planned Security Token Offering. If a Security Token Offering has not occurred before September 30, 2021, the DUSTO will be repaid in cash.

Bonus Tokens

By investing in the DUSTO by the dates listed below, you will receive the following bonus tokens at the time of our Security Token Offering:

  • 50% bonus Tokens if a Lender invests in the DUSTO on or before September 30, 2018.
  • 40% bonus Tokens if a Lender invests in the DUSTO after September 30, 2018 and on or before October 31, 2018.
  • 30% bonus Tokens if a Lender invests in the DUSTO after October 31, 2018 and on or before November 30, 2018.
  • 20% bonus Tokens if a Lender invests in the DUSTO after November 30, 2018 and on or before December 15, 2018.
  • 10% bonus Tokens if a Lender invests in the DUSTO after December 15, 2018 and on or before the Offering Deadline

All dates end at 11:59pm Pacific Time (PT).

By way of illustration, if the aggregate amount due and payable under a DUSTO is equal to $1,000.00 and the Token Price is equal to $0.50 per Token, the Lender would receive 2,000 Tokens. If the Lender invested in the DUSTO after September 31st, 2018 and on or before October 31, 2018, the Lender would receive 40% bonus Tokens, or an additional 800 Tokens.

Redemption Right

The Company will hold redemption rights which may be exercised by the Company only upon the approval of the tokenholders holding a majority of the tokens then outstanding, excluding any tokens held by the Company, a potential acquirer of the Company if the redemption right is exercised as part of a sale of the company, or any of their respective affiliates.

Please read the Offering Memorandum included in the Form C below for details on the DUSTO and our planned Security Token Offering.

How It Works

A Vision with Clear and Objective Goals

Our plan is based on setting clearly defined deliverables over small increments of time. By transparently reporting to our community, there are no conjectures or grandiose claims, but rather clear milestones of accountability.

As referenced prior, Chicago has already served as the proof-of-concept. Before October of 2018, we assisted over 100 projects through coaching, events and coordinated 50+ MeetUps. This was done with a team of volunteers also responsible for producing successful events for 300+ attendees in December and February. At Voice of Blockchain, we brought Chicago together to connect with the world including some of the biggest companies and individuals in blockchain.

We now need to continue our development by utilizing all of the data points gathered and test in new markets. We need funding to keep building on the base established in Chicago and cover the cost of expansion. This process includes the following steps:

1. Build the Community

2. Optimize Sustainable Revenue Model

3. Test Processes, Systems, and Incentive Mechanism Design

4. Create Open-Source Protocol

This crowdfund is essential because it is our ideology to create maximum impact, our community must maintain ownership. Our crowdfunding campaign will enable us to test these incentive structures, optimize and automate systems, and consequently will facilitate our expansion in the Q3 and Q4 (2019).

Investors today will receive bonus tokens in addition to their purchased amount along with perks based on the amount invested. All investors will receive a Bitcoin Comic Handbook.

 

$250-$499

• Bitcoin Comic Handbook (2018 Voice of Blockchain Special edition)

• Ticket to 2019 Voice of Blockchain

• Choice of T-Shirt

o CBP Logo

o WBP Logo

$500-$999

• Bitcoin Comic Handbook (Autographed 2018 Voice of Blockchain Special edition)

• Choice of:

o Two Ticket to 2019 Voice of Blockchain

o Ticket to Voice of Blockchain & all 2019 CBP events.

• Choice of T-Shirt:

o CBP Logo

o WBP Logo

$1,000+

• Bitcoin Comic Handbook (Autographed 2018 Voice of Blockchain Special edition)

• Choice of:

o Ten Tickets to 2019 Voice of Blockchain

o Basic Booth at 2019 Voice of Blockchain

• Choice of T-Shirt:

o CBP Logo

o WBP Logo

Progress And Beyond

Go To Market Strategy

Phase 1 - Develop Model - Complete

The core of the WBP model will be in creating various City Blockchain projects. The first of which is the Chicaco Blockchain Project, currently running in Chicago.

Phase 2 - Grow

Examine and define the processes used by Chicago Blockchain Project. Create and document procedures, protocols, and KPIs to be used by future locations. Choose proper technology platforms to foster network growth, engagement, and profitability. Identify core values.

Phase 3 - Sustain

Choose locations and directors for new city blockchain projects. Implement the model, test, assess, and iterate solutions. Identify how the Chicago model works in different geographies and cultures. Begin building the Concurrence Protocol of incentive distribution.

Phase 4 - Scale (A+ Digital IPO)

Establish our process, team, and marketing strategies to effectively run a Regulation A+ Digital IPO while continuing to expand our footprint and encouraging members to become owners and builders.

Selected Press, Blog Posts and Social Media

Learn How Our Ideas Grew

Chicago Blockchain Project

Learn about the genesis of World Blockchain Project through the platform that preceded it.

View Article

Voice Of Blockchain

Our flagship annual event that invites builders, investors, and influencers to collaborate

View Article

Use of Funds

How We Operate

Marketing And Advertising

Funds will be used to expand advertising and marketing efforts for the platform, using the best avenues to promote to investors and expand visibility.

Legal Services

Coverage of legal fees and costs to our legal teams will need to be covered in order to maintain operations.

Technology And Platform Development

Funds will be used to pay for additional system development resources and to maintain our existing platform.

Operating Expenses

Events and services offered by our project will need to be funded through our profits and proceeds. Money will be re-invested into the platform for accelerated growth and expansion

Our Leadership Team

Paving The Way

Joseph Hernandez

Founder / CEO

Executes the business decisions that align with the vision and direction the board of directors sees fit for the success of World Blockchain Project. His vision is a world where individuals create their own value instead of being told what they are worth.

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Documents

Other Disclosures

Read the Form C filed with the SEC for other important disclosures, like financial statements, Directors, Officers, shareholders with more than 20% of voting rights, and more.
Irregular Use of Proceeds
The Company may make Irregular Use of Proceeds. Such Irregular Use of Proceeds, which may be in material amounts in excess of $10,000, may include by way of example and not limitation: Vendor payments and salary made to management, business associates, relatives, related parties and/or affiliates thereof; expenses labeled "Administration Expenses" that are not strictly for administrative purposes; expenses labeled "Travel and Entertainment"; and expenses that are for the purposes of intercompany debt or back payments.

Without limiting the above, the Company may elect to vary from the proposed use of funds as circumstances or assessments of circumstances following the closing change.
Special Note Regarding Forward-Looking Statements
This offering contains forward-looking statements within the meaning of the federal securities laws. We caution investors that any forward-looking statements presented in this offering, or which management may make orally or in writing from time to time, are based on the Company’s beliefs and assumptions made by, and information currently available to, the Company. When used, the words “anticipate,” “believe,” “expect,” “intend,” “may,” “might,” “plan,” “estimate,” “project,” “should,” “will,” “would,” “result” and similar expressions, which do not relate solely to historical matters, are intended to identify forward-looking statements. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors that are beyond the Company’s control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. While forward-looking statements reflect the Company’s good faith belief when made, they are not guarantees of future performance. The Company expressly disclaims any responsibility to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Moreover, we operate in a very competitive and rapidly changing environment, and new risks emerge from time to time. It is not possible to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this offering may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We undertake no obligation to revise or publically release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.
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