ChatWise is able to give free shares to its users through a well-structured equity distribution plan. Here are the key points that explain how this is possible:

1. ChatWise Trust
   • Equity Allocation: Nearly 70% of all outstanding shares are held by the ChatWise Trust. These shares are specifically set aside to be distributed to the platform’s users.
   • Purpose: The primary aim of the ChatWise Trust is to ensure that a significant portion of the company is genuinely owned by its community. This fosters a sense of ownership and involvement among users.
2. No Financial Barriers
   • Free Shares: Users receive shares for free as part of the platform’s mission to create a more equitable society. There are no costs or fees associated with claiming these shares.
   • Referral-Based Distribution: The referral-only model not only helps manage user growth but also provides an easy mechanism for distributing shares to new users who join through referrals.
3. Democratizing Social Media
   • User Ownership: By distributing shares to users, ChatWise democratizes ownership of the platform. This ensures that the platform is governed by a diverse group of shareholders rather than a small group of investors.
   • Community Governance: Shareholders, including the users who receive free shares, can participate in the decision-making processes, making recommendations on key decisions and influencing the platform’s direction.
4. Long-Term Vision
   • Building Value: The distribution of shares is part of ChatWise’s strategy to build a loyal and engaged user base. As the platform grows and more users join, the value of the company and its shares is expected to increase.
   • Future IPO: The company plans to undertake an Initial Public Offering (IPO) in the future. At that point, the shares held by users can potentially be sold or traded, offering financial benefits to the shareholders.
5. Transparency and Trust
   • Open Communication: ChatWise is committed to being transparent with its users about the distribution and value of shares. Regular updates and clear communication help build trust and ensure that users understand the value of their shares.
   • Security Measures: Ensuring that user data and transactions are secure is a priority for ChatWise, which helps maintain user confidence in the platform.