Lohalo is a new, location-based, social networking & messaging application for mobile and web. It’s a unique and far better way to find new friends and connect with anyone anywhere who shares the same interests as you. Read More
To increase awareness about Lohalo, its usefulness, advantages and to get feedback from users, we are seeking product evangelists. Our evangelists, dubbed Lead Users, will share in our company’s success. We are offering 100,000 stock options as a thank you for your time and effort in helping us improve Lohalo. As Lead User you will be part of Lohalo team and its success.
Offer Example Case - In simple terms if in future Lohalo is acquired for $100 Million; Around $3 Million will be distributed among top 250 Lead Users.
What is a Lead User?
- Uses Lohalo safely & responsibly whenever possible
- Promotes Lohalo amongst friends and social contacts/networks (referral signup)
- Takes part in surveys, provides feedback and suggestions for improvements
How does a Lead User earn Stock Options?
- Use Lohalo to earn points that will be tallied through the end of the offer period
- Earn a minimum of 200 activity points
- Place in the top 250 users by activity points at the end of the offer period
How do I earn points?
Once you register as a Lead User, your activity in Lohalo will be tracked. Lohalo will keep a running tally of all Lead User points; you can track your individual progress within your account profile. Points can only be earned for public activity and messaging; private messaging is not eligible for points.
|Sign up as Lead User||+10.0|
|Refer-a-Friend Sign up||+5.0|
|Completing Feedback/Survey Form (as requested)||+5.0|
|Post a Message||+2.0|
|Post a Comment||+1.0|
|Receive a Shout-Out||+0.5|
|Hide (blocked) by another user||-2.0|
|Message is deleted||-2.0|
|Comment is deleted||-1.0|
|Receive a Shout-Down||-0.5|
- 100,000 stock options have been reserved for qualified Lead Users
- Options will be split amongst those who earn a minimum of 200 activity points and achieve a rank in the top 250 users
- Offer period starts at 00:01 ET on April 5, 2017
- Offer period ends at 23:59 ET on April 4, 2018
- You must be an individual. Organizations do not qualify for this offer
- You must be legal resident and authorize to work in the resident country to earn any Stock Options as Lead User
- You must be at least 18 years old
- You must provide a valid name, address, and email address at time of registration
- Lead Users Sign Up period ends at 23:59 ET on April 30, 2017
- You will not bully, intimidate, or harass any user.
- You will not post content that: is spam, hate speech, threatening, violence, or pornographic.
- Lohalo, in its sole reasonable discretion, shall determine whether the performance criteria have been met prior to awarding stock options.
- Read more about Lead User Stock Option Agrrement (A signed agreement will be sent to you if you earned any stock options at end of this offer.)