Reusable instead of disposable: We are the largest digital reusable network in Europe. With our crowdinvesting campaign, we have raised more than β¬2.9 million from over 1,700 investors in just a few weeks. Together we are making reusable the new standard! (as of February 2023)
"We want to put as much money on the good side as possible."
In the webinar on November 16, our co-founder Tim briefly introduced the Vytal system and then answered your questions. More than 160 (!) individual questions were asked, which we did not have time to answer all of them. Here are the answers to the most frequently asked questions in our Crowinvesting FAQ.
We were very happy about the personal exchange with you! If your question was not answered in the webinar or in the FAQ, feel free to contact us at crowd@vytal.org! We will be happy to answer everything by mail until the launch on November 22nd.
To give you an overview of the investment process on the WIWIN site, here is an overview of the steps:
Tim raised this question in our webinar, starting at minute 37:35. Feel free to watch the recording. If you have any further questions, feel free to contact us!
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At Vytal, the proceeds of the crowdfunding will be used to invest in additional bins, build additional sales staff, and improve our product experience on the partner side. More details can be found in our investment brochure on page 46.
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Yes, capital gains tax must be paid on the annual interest, any bonus interest and also on any exit amount.
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We currently have a clear focus on Germany and neighboring European countries. To enable global expansion, we rely on a franchise model that allows us to bring our technology/brand to other continents with local franchise operators. We have written more details about this in the business development section of the investment brochure. Also, feel free to check out the webinar recording, starting at minute 45:30 Tim takes up the question.
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For our international expansion, we rely on our own subsidiaries for large markets and on our franchise model for smaller markets. In both cases, of course, we are supported by the partnerships with the major delivery platforms and system catering operations that we have successfully built up over the past 3 years.
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A resounding yes. The obligation to use reusable packaging on the part of the caterers will make reusable packaging the talk of the town. We are already noticing the increase in press coverage. Since reusable is clearly the best solution for disposable waste, both economically and ecologically, we are sure that it will become established.
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Yes in any case. We already have many grocers, organic and unpackaged stores as partners. We are very happy if you also want to offer Vytal instead of disposables.
That is the beauty of the topic of "sustainability" and especially of "reusable" in Germany. Sustainability is one of the few topics where Europe has a clear advantage over Asia and the USA. When it comes to reusable bottles, there is no country in the world that is as well enlightened (as Germany) due to the established bottle deposit system. There are a few similar business models/startups in the USA (e.g. DeliverZero), but so far they are far behind our product and sales progress.
No, to invest you "only" need to make a bank transfer to Vytal in the last investment step. Later, when Vytal has generated the Vytal Token 2022 by October 2023, you will need a blockchain wallet to dispose of the tokens. Unless you want to dispose of the tokens (e.g. to sell them), Vytal will simply transfer your interest every year and also the repayment after 5 years to your bank account. If you do not have a wallet that is compatible with the blockchain you are using, a compatible wallet will be provided by Vytal free of charge. All you need to obtain the wallet is an internet-enabled device (smartphone, computer). You can find more info about the investment process at: https://wiwin.de/fuerprivatanleger
On the morning of November 22nd, we will send you the link to the WIWIN page, where you can invest as a Vytal Crowd newsletter subscriber at your leisure from 9 am. All other interested parties will be admitted only from 12 o'clock.
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Yes, as long as your ID can be successfully verified during the Postident process (step 5 in the investment process).
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On November 22nd, the link "Invest now" will appear on the WIWIN campaign page (https://wiwin.de/produkt/vytal?utm_source=Referral&utm_medium=vytal&utm_campaign=vytal). There your investment will be registered in 8 steps to Vytal, your identity will be verified via Postident procedure and in the last step the money will be paid to Vytal by you via bank transfer.
The token will not be an NFT but a security token and the blockchain will be Ethereum, Stellar Lumens, or a similar blockchain enabling the transfer and tradability of the Vytal Tokens 2022. The blockchain used will be announced directly to the investors by a notice in text form (e.g. by email) at least one week before the generation of the Vytal Tokens 2022.
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WIWIN uses blockchains based on the proof-of-stake mechanism. These are much more energy-efficient and therefore more environmentally friendly than those based on the proof-of-work mechanism. Still, energy is needed to maintain the blockchain, that's true. In the WIWIN blog post, among others on the topic of blockchain and sustainability: https://wiwin.de/blog/blockchain-teil-4#nachhaltigkeit , WIWIN has deposited further information on this.
The blockchain used will be announced in text form (e.g. email) at least one week before the tokens are generated. If you do not have a wallet that is compatible with the blockchain used, you will be provided with a compatible wallet from Vytal free of charge. An internet-enabled device (smartphone, computer) is required to receive a wallet.
As of today, Vytal has almost no long-term debt. Due to the last financing round at the beginning of this year in the total amount of approximately USD 10 million, we are currently well capitalized. Crowdinvesting does mean that we are taking on long-term debt, but at a healthy level for us due to the limited amount. We have already published the balance sheet for 2021 in the Federal Gazette for some time.
A distinction must be made here between third-party system providers and restaurateurs' "own, individual deposit systems". In third-party systems, restaurateurs first pay the deposit amounts to the system operator in order to obtain the reusable containers. They therefore advance money, which they then have to repeat from their guests. In addition, there are often shipping fees if, for example, too many deposited containers want to be returned to the system provider.Restaurant-owned deposit systems might work more like you describe. However, this also means that restaurateurs have to take care of the operation, i.e. purchasing and administration of the system. This is because deposit income is not a profit, but rather a liability for which it must be assumed that the containers will have to be returned at some point and the deposit money paid out.
Quality control and hygiene assurance during the life cycle of our containers are carried out by our partners. Together with our manufacturers, we ensure that the containers receive the necessary declaration of conformity that is required in Europe in order to be used here as food packaging. Tim will also address this topic in the webinar and discuss it in detail.
When partners sort out containers , we then check in our warehouse whether the bottom or top part can still be returned to the cycle. If this is the case, we will of course do so. Our goal is to replace as much disposable material as possible with each container and its lid. The really sorted out containers and lids are collected for a controlled recycling.
The Vytal app is currently the most downloaded reusable app in the world. We also monitor our foreign competitors very closely. Based on the information available to us, many foreign markets are significantly behind Germany. This is a particular strength for us, as it allows us to develop much faster and avoid significantly more waste than foreign competitors.
More than 4,700,000 disposable packages replaced by Vytals
More than 330.000 Vytal users:inside
More than 6000 renowned Vytal Partner:inside
Active in 9 countries, making it the largest network in Europe
Top ratings in the App Store and Google Play Store
Awarded with the Blue Angel
"Disposable packaging is waste and a waste of resources that we cannot afford to put on the planet and future generations. With Vytal, we provide the tech platform for measurably impactful, deposit-free reusable solutions."
Tim Breker, Founder Vytal
Federal Environment Minister Svenja Schulze has awarded Vytal in 2021 the Blue Angel, the environmental label of the Federal Ministry.
The Blue Angel is the official seal of the German government for environmentally friendly products and services and proves once again that by using Vytal you are doing exactly the right thing for our planet.