So many times I have had issues with pricing when it comes to buying goods from vendors or manufacturers. Sellers tend to want to rip off a buyer’s hard earned money by flagging an exorbitant high price, leaving the buyer without a choice because the far high price seem to be uniform. At the sellers end also, I have noticed that buyers come and price goods unreasonably low in other to take home a share so big, leaving the seller without any gain.
So this is the issue that has existed in the ecommerce industry, but today, has been flagged and ready to be tackled by the WinBix project.
The goal of this company for this project is to make available a linkman service for the sale of products by auctions on winbix.com. Their e-trading site.
So, sellers under this platform will make more profit because of the sell-out time. This means that, if I register as a seller, and though the price of my goods are regulated by the general authorities, I will make gain from sell-outs and turn overs. And secondly, there will be uniform sales for all sellers. Not that your competitor will sell at a lower price just to attract more customers.
For buyers, you own the opportunity to buy products at a reasonable amount, from a system that care about your interest.
Let’s look at the token details as well as other important areas of the business that is worthy of noting.
ICO/STO DETAILS
There is an existing token for the company which is issued as WINBIX (WBX), the standard of ERC-20.
Name of Token – WINBIX
Ticker – WBX
Token Type - ERC-20
Payment Method – ethereum
The number of the issued tokens are 182 500 000 WBX, with HARDCAP being 125 000 000 WBX and SOFTCAP being 31 250 000 WBX at the preDAICO stage.
TOKENS DISTRIBUTION
Tokens are allocated during two different stages, the PreDAICO and DAICO stage.
For PreDAICO Stage
27 500 000 WBX is the total number of issuable tokens, where 25 000 000 WBX are presale tokens while 2 500 000 WBX are marketing (10% as of sold tokens).
With a HARDCAP of 25 000 000 WBX and SOFTCAP of 6 250 000 WBX
NB: Unsold and unallocated tokens are destroyed. Tokens are not allocated to the Project team.
For DAICO Stage
The total number of issuable tokens is 155 000 000 WBX, which will be distributed as thus:
125 000 000 WBX – free sale, average selling price ETH 0,0013
2 500 000 WBX – marketing (2% as of sold tokens)
27 500 000 WBX – additional allocation of tokens for PreDAICO participants
With a 125 000 000 WBX HARDCAP, and 31 250 000 WBX SOFTCAP
FUNDS ALLOCATION
WinBix funds will be allocated during two stages which are PreDAICO and DAICO stage.
During PreDAICO Stage
50% of the funds will be allocated for marketing expenses, advertising the platform outside Russia.
18% of the funds will be used to compensate investors who lost money by pulling out early from the project.
10% will be for operational expenses.
7% for funding the development of the platform and DAICO smart contract.
5% for legal backing, another 5% for DAICO advertising expenses, 3% for marketing analysis and 2% for reserve.
At the DAICO Stage, the funds allocation will be thus:
60% for marketing expenses, advertising the platform outside Russia.
18% of the funds will be used to compensate investors who lost money by pulling out early from the project.
10% will be for operational expenses.
5% for funding the development of the platform and DAICO smart contract.
3% for marketing research
2% for legal backing
2% for reserve.
ROADMAP
DECEMBER 2016
Idea of holding the auction
JANUARY – DECEMBER 2017
Working over the auction algorithm
JANUARY – SEPTEMBER 2018
Team building, budget planning
JULY 2017 – PRESENT TIME
Development and testing of the System site, trading platform, payment System and other WINBIX System components
JULY – SEPTEMBER 2019
Trading platform follow-up, selection of Sellers
APRIL – JUNE 2019
PreDAICO
JUNE 2018 – MARCH 2019
Getting prepared to PreDAICO activities
SEPTEMBER 2017 – PRESENT TIME
Marketing research and selection of suppliers
OCTOBER 2019
Marketplace launch in Russia
JULY – SEPTEMBER 2020
DAICO
OCTOBER 2020
Marketplace launch in Southeast Asian countries
OCTOBER 2021
Commencement of activities in the US and EU
TEAM
Generalov Alexey - Chief Executive Officer
Krasnianskii Evgenii - Chief Marketing Officer
Li Roman - Co-Founder
Volkov Konstantin - Chief Technical Officer
Vinogradov Stanislav - Lead Developer
Dezhurko Mikhail - Fullstack Web Developer, Smart Contract Developer
Nikonova Olesya - Marketing Specialist
Morozova Olga - PR Specialist
I personally recommend this project for any investor because it is a great project, erected to control the pricing of goods, which will benefit the system, buyer and seller, including the common man. If not for anything, the good in having a system that regulates the pricing of goods is a great one.
If you will need to see more details about this project, check these links where the project details are well captured.
Website: https://winbix.io/?utm_source=bitcointalk_en
Whitepaper: https://winbix.io/whitepaper/Whitepaper_en.pdf
Telegram: https://t.me/winbix_en
Facebook: https://www.facebook.com/winbix.market
Twitter: https://twitter.com/WINBIX_channel
YouTube: https://www.youtube.com/channel/UCBCr7T7GX1pCTxArtrt7u9A/
LinkedIn: https://www.linkedin.com/company/winbix/
Ann: https://bitcointalk.org/index.php?topic=5130735.msg50559675#msg50559675
BITCOINTALK USERNAME: ogtejiri
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile;u=1790132
WALLET ADDRESS: 0x33E8810b5432ccD823b6c45975A55Fb9F6c931D6v
