WizFund Beta — End User Guide
Become a proud WizFund Beta-tester and use our Step-by-Step guide to fully utilize its boundless features.
Registration and Login forms
The beta can be accessed on app.crowdwiz.io. All users who have requested spot for the beta will receive an email that will require verification. Once the verification is done they will be able to login to their account. All users who did not request a spot for the beta will need to go over the registration process.
On first load of app.crowdwiz.io the user will see the login form.
In order to login to his account the user will need to enter the user name and password that he used to register. In case of wrong credentials used, the system will display an error message saying that the user is entering wrong credentials.
Forgot Password page
In case the user is not sure about his credentials on the login page, there is a “Forgot password” link allowing the user to reset his password. In order to do so the user will need to enter the email with which he registered and hit the send button. The system will send an email template with a token allowing the user to reset his password. On the front-end part the user will see a Confirmation message.
After you go to your email you will find the email that will allow you to reset your password. Please note that it may be located in your spam folder. When the user clicks on “Reset your password” he will be redirected to the page where he can set a new password for his account. On success the user will see the confirmations screen with a link to the Login page:
In case the user does not have an account he can register for the beta via “Request a spot”. The registration process is simple and the user will need to only enter a valid email and password. There is a validation for the page in the following cases:
- user entered an email which is not valid
- user entered passwords that do not match
- user is trying to register an already existing user
- user did not enter all required fields
Overview screen which displays the two available WizFunds which the user can Enter.
*for the Beta we will allow the users to enter both funds so that they can get a better understanding of every fund’s structure and how it operates.
The difference between the funds is related to the voting power which the investors will have. In the first fund “The Fellowship of the equals” investors must have equal voting rights, while in the other fund “Game of tokens” the investors with more tokens/shares will have more voting power (The functionality for the “Game of Tokens” fund is still in progress).
On the overview screen investors will see a short summary for each of the funds which includes:
- Number of investors
- Start date
- Value of the fund in BTC
- Token price in BTC
- Change in token price for the past 24hours
- Enter button which will send the user to the Fund room
Portfolio screen is the part of the fund where the user can see the fund performance and statistic.
Fund Summary section is the part of the portfolio screen where the user can see the performance of the fund and its holdings. Fund Summary section includes:
- Value — Displays the total value of the fund
- Formula — Value of the fund = Holdings Value + Available to Invest Amount
- Holdings Value — Displays the sum of all assets’ prices if they are sold on the current market price
- Formula — Holdings Value = (Amount of Asset 1 x Current Market Price) + (Amount of Asset 2 x Current Market Price) + etc.
- Available to Invest — Displays free balance that is not invested in any holdings
- Formula — Available to Invest = Value of the fund — Holdings Value
- Return in % — Displays the return of the fund for the past 24h
- Formula — Return = (Current Value of the fund — Value of the Fund at the start of the day)/Initial Value of the Fund*100
- Token Price — Displays the current token price
- Formula — Value of the Fund = Value of the Fund (at the current moment)/Total Number of tokens
- Number of investors — Displays the total number of investors in the fund
- Tokens in fund — Displays the total number of tokens in the fund
Fund Summary — (Pie chart)
There is an icon with pie chart which will switch the entire Fund summary section to Pie chart displaying the assets bought. In the middle it is displayed the Return in percentage for 24h. The pie chart displays up to 10 assets. Example: If we have 10 assets we will display all assets with their respective names, If we have 11 assets we will display the 10th asset as Other and on hover we will show a small pop up with the assets that are included in the section.
Line chart showing change of the tokens price. The user can use the zoom in and zoom out buttons for more in depth analysis of the performance
Fund holdings carousel
In this section are displayed all the fund holdings with their respective statistics. The number next to the name of the section shows the number of holdings
- Asset — Name of the asset and symbol
- Amount — amount of asset coins/tokens in the portfolio
- Last update — time stamp of the last action with this asset
- Format: dd/mm/yyyy
- Purchase price — In case the fund has acquired several times the same Crypto Currency we will take all prices and make an average price on which the asset was purchased.
- Formula — Weighted Average Price = (first price x shares) + (second price x shares) …/total number of shares
- Market price — the current market price
- Profit — unrealized profit, the profit which will be realized if the asset is sold on the current market price
- Formula — Profit = (Market Price — Purchase price (if we have made several purchases of the same asset we will take the weighted average price))
- Return — Displayed in %
- Formula — Return = (Market Price — Average purchase price)/Average Purchase price *100
Table showing the last 3 proposals and their result.
o Asset — Symbol and abreviation
o Amount — Amount which was proposed to be bought
o Direction — Buy/Sell
o Vote — User’s Vote
o Outcome — approved or rejected
o Author — the creator of the proposal
“See All” link that will redirect the user to Proposition History for more detailed information on the ballots and their outcomes
Main purpose of this screen is to create investment propositions and decide if the ongoing investment proposals will be approved or rejected. There are two sub-menus — Ongoing and Upcoming.
Here we will display all ongoing ballots.
Fund Holdings Section
For user convenience we will display what are the fund holdings so that the user can easily refer to them without leaving the page. We will display Top 4 (scroll if there are more) and pie chart.
In this section the user will see details for ongoing proposal and be able to vote. The options in front of the user are:
- Approve — positive vote
- Reject — negative vote
- Abstain — when the user wants to skip voting
There can be only one active investment proposition for which users can vote. After the user has placed his vote he will have the ability to change it and be given the option to vote again. There will be a confirmation pop up
The ongoing proposition details are:
- Countdown timer — Showing the remaining time during which the ballot will be active
- Author — User that created the proposal along with his avatar
- Date on which the proposal was created
- Asset — Asset Name
- Direction — If the asset should be bought or sold
- Amount — Amount that should be purchased
- Description — if the description is too long we will have a scroll.
- Result — ongoing result of the vote. e.g. 10 Approve | 5 Reject
Discussion board allowing the users to interact with each other giving them the ability to become more involved in the project
This is the section to which the user can refer when he wants to see what are the upcoming proposals. Propositions are queued according to their time of entrance. We will show a timer to display the remaining time till the Upcoming proposal becomes active. The format will be DD/HH/MM/SS
List of upcoming investment propositions will include: Timer, Author, Asset, Amount, Direction, Description. On click on “Learn More” the user can see the full description in a pop up
Section with the fund activity history.
This section shows the ballots that have passed. They are ordered with the latest expired ballot on top. The page is similar to the Upcoming proposals with the difference that it shows also the end result of the voting
- Result — Label with Result which is located on top
- User Vote — under the label with the vote result the user can check what was his vote for the ballot
- Vote statistic — at the bottom of the page you will see more detailed vote statistic with the exact number of user that voted for the proposition to be Approved or Rejected
In this section the user can check all executed trades. After the ballot expires depending on the voting results if the ballot is approved a trade is executed and a fund holding is obtained.
The table will show to the user the following information
- Start Date — Date on which the asset was bought
- Buy Price — the price on which the asset was bought
- Sell Price — the price on which the asset was sold (will be available only if we have a Sell trade)
- Profit — Realized Profit — Will be calculated only when we have a SELL trade
- Formula — Profit = (Market Price — Purchase price (if we have made several purchases of the same asset we will take the weighted average price*)
*the weighted average price is made from taking the orders starting from the one with the lowest price until the sell order amount is filled
Create Proposal form
Users are able to create investment propositions at any time by completing a form where they setup the proposal details.
To create a voting proposal an investor must define several parameters in the following order:
- Action — buy or sell.
- Asset — what asset will be purchased or sold. If the user press on Buy he/she will see the offered assets that can be bought and if the user press on Sell — the available assets in the fund.
- Amount — how many units of the asset will be purchased, or how many units of the asset in the portfolio will be sold with a calculation showing what is the amount in the base currency. There is a validation on Buy if we have enough balance to make the purchase and for Sell if we have enough units to sell.
- Duration — proposal duration, during which all investors can vote for the active proposal.
- Description — In order to support its proposal, the investor must describe why his proposition will benefit the fund.
The user has a profile icon in the header. There he has his first and last name displayed along with his balance. On click the user will see e a pop up with the profile details. Under the name the user will have Balance showing what is his balance based on the fund performance. It will be calculated based on the Amount of Tokens x Token Price. Account details that are stored currently:
- Mail — not editable
- Phone — editable
- First name — editable
- Last name — editable
- Avatar — editable. We must set library of default Avatars and option to upload personal avatar.
- Change password
The user will also see a 2 buttons:
- Switch fund — on click the user will be sent to the Funds screen with the ability to select which fund to enter.
- Edit Profile — on click the user will be able to edit his/her details
- Change Password — On click this will show a pop up allowing the user to change his password