Chatwise India App Review FAQ
Q1. What is Chatwise Referral Code?
Chatwise app referral code for joining is indi
Q2. Is is necessary to use te referral code for joining ChatWise?
Ans. It is in your own interest to use the
referral code to join ChatWise otherwise you will not get free shares as a
joining bonus.
Q3. Which is the best ChatWise ID that I should follow?
Ans.
The best Chatwise ID to follow would be ‘indi’.
Q4. I live in India or any other country, Can I get shares in ChatWise?
Yes,
anyone can own shares in a UK based company as this Chatwise is.
Q5. How much equity will ChatWise community own?
ChatWise Trust holds nearly 60% of all outstanding shares as on 15 January 2024. There are restrictions placed on creation of any new equity (see Trust documents) to ensure beneficiaries control a meaningful share of at least 40% to be genuinely community owned and have a meaningful role in the governance. All these shares have been set aside to be given away to the relevant beneficiaries.
Q6. Will ChatWise ask me for my bank account details for allowing me to own its shares?
Ans. No. The sole way to receive ChatWise shares is by downloading and using ChatWise android or IOS Apps and using the mechanisms defined within the app or on our website ChatWise.co.uk
Chatwise Trust is obligated to give shares complementary in line with the purpose of the company. Please do not give your bank account details to anyone on behalf of the ChatWise.
Q7. Will I be required to pay for any ChatWise shares that I win?
No, ChatWise Trust has committed to give these shares complimentary.
Do not share any bank details with anyone in relation to ChatWise shares.
Chatwise will
never ask anyone claiming shares for any money.
Q8. What price will the Cjhatwise company pay to buy shares back before an IPO?
If
the company announces a buy-back programme, the Board of the Company will
determine the price based on the number of active users, growth rate of users,
growth projections and other relevant factors that will aim to reflect the fair market
price of the business.
Q9. When Can I sell my Chatwise shares?
Chatwise is an early stage company and the value of shares will depend on the number of people switching and using ChatWise apps. Chatwise Trust will be open and transparent about the usage and give its shareholders regular updates.
You will be able to sell shares at a future point when company has undertaken an IPO. Please note this is not a 'get rich quick' scheme.
If
public continue to download and use ChatWise apps, and company continues to
grow, value will increase simply by nature of how stock markets work.
Q10. Can foreign nationals be shareholders in a UK based company like Chatwise?
Yes,
anyone can be a shareholder in a UK based company so you can be a shareholder of Chatwise.
Q11. How will ChatWise community play its role in the governance?
ChatWise will be open and transparent and publish some of these papers on their website in the public interest.
ChatWise follows a different corporate governance structure (on the right below). community-org-sturcture Shareholder Community, as majority shareholders in the company, will sit above the ChatWise board and make recommendations, just like a jury does to a Judge. Key decisions, like changes to algorithms or new features, will go to community in voting format. Results of these votes will be shared with the Board before they make decisions.
The board
will clearly make their own decisions but they will consider recommendations of
the community. As shareholders, we believe that interests of our community are
aligned with investors. Collectively and democratically, company will make
better decisions.
Q12. Is Chattwise company opened I India?
Ans.
Chatwise subdiary company is not yet opened in India but there is news that it
will be opened soon.
Q13. Who is the CEO of ChatWise?
Ans. Gagan Gulati is the CEO of ChatWise app.
Post a Comment