Starts- Jul, 2020 Rating-7.7/10
Тhe WINBIX(WBX) marketplace aims to create a new channel for sales, allowing participants to sell goods at bid prices at any moment.The system used the reversed auction model. The price of the goods decreases until one of the participants stops the auction. The first buyer who stops the auction, wins.
|Name of ICO||winbix||Token –||WBX
|Field of work||Sales System|
|Country||Estonia||Softcap||6 250 000 WBX(Pre ICO)
31 250 000WBX(ICO)
|Pre-sale -||Completed||Hardcap||25 000 000 WBX(Pre ICO)
125 000 000 WBX(ICO)
|Start-end||24 April, 19 To 22 June, 19||Total /max||182,500,000 WBX
|Sale start||July 2020||Curr Accepted||ETH
|Sale ends||Sept 2020||Price ETH-||1 WBX= 0.00055 ETH
|Type||ERC 20||Token/btc||102400 WBX
|KYC/Whitelist||NA||Token Sale %||82%
Marketing costs for the trading platform promotion, including abroad the Russian Federation-60%
Operating costs associated with maintenance of the trading platform activity-10%
Funding of the trading platform follow-up-5%
Legal support of the works-2%
Compensation for the loss of a part of funding, if some participants withdraw from the Project (generated out of TAP). If, upon the finish, funding any unused balance is formed under the DAICO smart contract, such balance shall be used to cover “marketing costs associated with the trading platform promotion, including abroad the Russian Federation”-18%
|Nosale country||USA||Whitepaper Download Link
|Competition already existing - Sales Platform
|Uniqueness than competitors - Reverse Bidding Mechanism
|Unique selling point if any - Token Buyback
|Detailed intro of ICO
The WINBIX(WBX) 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 Company is mainly focused on providing intermediary services for the sale of products by auctions on the e-trading platform winbix.com.
Commission fees are charged for the services. Further, the Company plans to monetize the Buyers’ interest to each price reduction event through advertising. An increased number of product views are expected before purchase, as compared to traditional online stores, enabling the advertisers to increase the number of contacts with “hot” target audience.
The target Project audience shall include
Small and medium intermediaries / manufacturers who cannot afford to bear the costs of organizing and maintaining online sales. Further, the marketplace will be useful for companies wishing to occupy a niche among customers with a limited income level (target audience of bulletin boards, joint purchases).
People with average and below average income having to combine an acceptable consumption level and limited financial resources. The audience ready for time-consuming costs in exchange for the option of obtaining a satisfactory price offer.
development of the algorithm for the auction
team building, budget planning
development and testing of the website, trading platform, payments system and other components of the WINBIX project
marketing research and search for suppliers
preparation for the PreDAICO
fine tuning of the trading platform, search for sellers
launch of the marketplace in Russia
launch of the marketplace in Southeast Asia
start of operations in the USA and EU
Chief Executive Officer
Chief Marketing Officer
Chief Technical Officer
Fullstack Web Developer
Smart Contract Developer
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15.02.2020 Whitepapers Eng Russian
15.02.2020 Website Screenshot