The following is a review of WINBIX's Initial Coin Offering of the "WBX" token. Get information about the WINBIX ICO including; start date, end date, financial information, whitepaper, team profile and other important information regarding this new token.

Innitial Coin Offering (ICO) Information

ICO NameWINBIX
SymbolWBX
Start DateJuly 01, 2020
End DateSeptember 28, 2020
CountryEstonia
PlatformEthereum
Show All

The WINBIX System (hereinafter – the System) is designed to create a new sales channel that would make it possible for the Seller to sell the products with maximum efficiency and for the Buyer to buy for a reasonable price.

The System operation is based on the Dutch Auction principle, i. e. constant reduction in the product price until the products are sold or until the stop price level is achieved.

The System features include (please note that some reverse auction features constitute intellectual property of the Project):
Minimum price per each lot is determined randomly subject to the minimum price corridor established by the Seller, i. e. the minimum price per each lot is different and the value thereof remains unknown to the Buyer.

Price reduction increment is determined randomly, in the range of previous price and stop price; thus, each subsequent price value remains unknown to the Buyer.

Stock balance is unavailable to the Buyer, each lot (item) may be the last one.

Buyer can set any price value at which the System should notify the Buyer. This information is available to the Seller and provides an opportunity to forecast demand at different price levels.

Time interval for the price reduction is set by the Seller for every item

There is an established direct correlation between the Seller’s sale costs and the quality of provided services.

Opportunity to create quotations for Sellers and, if approved, to purchase products at the desired price.

Settlement of disputes by arbitration involving Sellers, Buyers and the System.

DAICO performance enabling the investor’s maximum protection.

Buyback and destruction of tokens at fixed prices through the BUYBACK smart contract.

Issue of personal WBX tokens (ERC-20).

Creating and financing the SECURITY smart contract (Ethereum security unit).

Co-Founder Chief Executive Officer
Chief Marketing Officer
Co-Founder Investor

https://t.co/5BUOigYZSo

https://t.co/XCNJDadxTv

Unsold and unallocated tokens are destroyed
#winbix #wbx #daico

WINBIX emits ERC-20 investment tokens called WBX
#winbix #wbx #invest

https://t.co/yn0cqJjDjR

The tokens are not allocated to the project team
#daico #winbix #wbx

A basis of WINBIX sales channel is the principle of Dutch auction, which means a permanent reduction of the price

The tokensale of our WBX coin is conducted by the rules of DAICO

Load More News...
Price0.0526 USD Sale25,000,000 Payment ModeETH
Minimum InvestmentN/A DistributionN/A RaisedN/A
Soft Cap6,250,000 Hard Cap25,000,000

Other Initial Coin Offerings To View