How to Buy WOM with INR on KoinBX

This write-up explains how to buy WOM with INR and WOM with USDT on KoinBX a global crypto exchange Apps (Android & iOS).

The Word-of-Mouth (WOM) Protocol is a blockchain-based marketing system that allows you to monetize WOM referrals on any mobile app or platform. WOM intends to build an ecosystem of content producers, authenticators, publishers, and marketers who will generate content, get compensated for it, and earn benefits. WOM Authenticator app, WOM Campaign Manager, WOM Marketing tools, and payment mechanism are all part of the protocol.

v The WOM Authenticator app is used to validate suggestions on all WOM platforms.

v WOM Campaign Manager allows marketers to purchase and spend WOM Tokens in order to obtain WOM suggestions.

v WOM Marketing Toolkit enables e-commerce websites to collect, display, and reward user recommendations.

v WOM Tokens are automatically awarded to content providers, authenticators, and platforms via the payment system.

WOM Protocol has also established a Non-Fungible Token (NFT) market and a crypto education and recommendation app, both of which are available on Android and iOS. The WOM Protocol is a new user-generated marketing channel that relies on genuine word-of-mouth referrals.

WOM drives decentralised advertising by rewarding content contributors for valuable brand marketing. A variety of Web3-based marketing solutions are available to incentivise real User Generated Content (UGC) that delivers excellent social evidence for promoting businesses and services.

The WOM Protocol measures and rewards quality UGC based on Key Performance Indicators (KPIs) such as Views, Likes, Comments, and Clicks. WOM pays content creators for their product-referring material without jeopardising customers' faith in the content and its providers.

WOM prizes are provided at regular intervals on a daily basis from a fund dedicated to collecting high-quality UGC. Authenticators, content authors, and platforms will all receive incentives. Authenticators peer-review WOM material and receive prizes for evaluating UGC on three criteria: authenticity, creativity, and positivity.

WOM is bringing together several partners to establish a decentralised ecosystem. WOM should also employ incentive mechanisms to align each stakeholder and guarantee that all duties are performed in the best interests of the WOM Ecosystem.

Without any central authority, these incentive mechanisms constitute a basic pillar of the WOM Ecosystem, ensuring continual value creation and economic strengthening. The WOM token is critical to the operation of the WOM ecosystem.

The WOM coin is intended to serve primarily as the network's principal utility token. The WOM coin is built as an ERC-20-compliant token contract on the Ethereum network.

Founders:

WOM crypto was introduced in 2018 with a total quantity of one billion tokens. Melanie Mohr, the Chief Executive Officer (CEO), and Chris Hardaker, the Chief Product Officer (CPO), lead the WOM team.

Core challenges on WOM:

WOM intends to address three major issues:

v Technological Barriers - Ad-blockers on desktop and mobile devices are proliferating, making internet advertising less effective.

v Behavioural Changes - In addition to physical ad-blockers, consumers unconsciously pass over or disregard anything that seems to be an ad and distracts them from their purpose.

v Trust Issues - Influencers and affiliate programmes are examples of P2P suggestions used in the advertising industry to counteract ad blockers and banner blindness.

WOM intends to overcome all of the aforementioned difficulties by incorporating organic WOM suggestions into its marketing mix in a quantifiable and scalable manner. WOM intends to solve problems in the marketing sector by using blockchain technology and digital currencies.

Pros:

Brands may use WOM Tokens to compensate content producers, authenticators, publishers, and platforms for spreading the word about their products or services. The collaboration will create a safe and user-friendly trading platform for WOM Tokens while also integrating the WOM Protocol with new initiatives built on the Web3 ecosystem to replace online advertising with user-generated marketing.

The WOM Protocol enables marketers to identify, track, and reward WOM suggestions based on the interaction created by the content as well as quality ratings. This not only captures value for content producers but also provides social proof for marketers while providing platforms with a user-friendly revenue approach.

Tokenomics:

Token Name: Word of Mouth Protocol

Ticker Name: WOM

Total Supply: 1,000,000,000 WOM

Circulating Supply: 105,657,976 WOM

Max Supply: 1,000,000,000 WOM

Market Cap: $2M

How to buy WOM?

To buy WOM coins, follow the procedures below,

1. Signup with KoinBX.

2. Fill in the required details to create an account.

3. Complete your KYC verification process.