Webhits.io claims to connect the fields of digital marketing, cryptocurrency, blockchain technology, and a freelance economy. Digital marketing is an interest-based peer-to-peer network that offers pay on social media and web engagement services. In contrast, a freelance economy refers to the community of people who actively engage themselves in various activities to earn extra income. 

The Webhits.io platform thus seeks to be a peer-to-peer web and social media service exchange platform. The platform’s mission is to deliver tangible results to increase advertiser return on investment (ROI) and significantly lower the costs for social media engagement services. In addition, a distinctive feature of the platform is the innovative “social mining” feature to transform the relationship between advertising and cryptocurrency.

Further, the platform identifies a few problems in the global economy:

As a solution, the platform offers:

Lastly, the Webcoin Token (ticker: WEB) is the platform’s native currency and is used for buying and selling services within the ecosystem. 

The platform’s whitepaper was released in March 2018, and its ICO (initial coin offering) was held on May 1, 2018. Vladimir Ninov and Kostadin Draganov are the two cofounders of the platform. Besides them, the team comprises Tak Fong, Mariana Mladenova, Daniele Mangano, Nikola Zelenkov, and others. 

The token’s total supply is 1 billion.