Winbix DAICO Overview
Greetings to you, dear readers of my blog! In this review I present to you an ICO-project, Winbix DAICO .
I will tell about everything in detail in this article.
The main objective of the emergence of the Winbix project is to create a new sales channel that will allow the seller to sell goods at the price of demand, and the buyer to purchase at the desired price. Naturally, the idea is very worthwhile, so the Winbix project management took care of intellectual rights and has already applied for a copyright patent. The basis of this system is the auction on the contrary, that is, the price does not rise, but lowers to a certain limit, which is determined randomly by the Winbix system. I would describe the work of this system simply: the wolves are fed and the sheep are safe. That is, the seller was able to sell the goods, and the buyer purchased at a favorable price for him.
As we know, last year was a popular undertaking to raise funds for the project through the ICO. But this system is completely outdated. It seems that the system is not bad, but very often investors lost their invested funds. Fortunately, there is a new fundraising system, which completely eliminates the investor from the risk of losing their invested funds. The system is called DAICO, which can be translated as a decentralized autonomous public placement of tokens. This means that the tokens are stored on a separate smart contract, which are controlled by investors. The team and project managers do not have access to the funds that are stored there.
But how is the project funded? It all depends on the points and dates in the Roadmap. That is, by a certain date and item, a certain amount is allocated, which is spent on this and nowhere else. This means that the team will not be able to spend the collected funds, and even less, hide with them.
But here many may have another question: “Why is it the project leaders, from which they will profit”? Profit developers and project participants will receive after the final implementation of the project, that is, after it finally enters the market.
To begin with, it should be said that the managers decided to conduct the whole fundraising process in two stages: Pre DAICO and DAICO. Pre DAICO has already started and will last 60 days. Then, after 12 months, DAICO starts, which will last 90 days. With Pre DAICO, 27.5 million WBX tokens will be sold. Interestingly, with each batch of tokens sold, their price will increase. Therefore, if you intend to invest in a project, you need to hurry. It is also worth saying that 2.5 million WBX tokens will be allocated to promote and popularize the Winbix project . And one more important detail: all not sold tokens during Pre DAICO will be burned, and investors who also participated and helped the team to promote the project will receive bonuses.DAICO
When conducting DAICO, the number of tokens sold will be 125 million. 2.5 million tokens will be allocated for marketing and project promotion. And another batch of WBX tokens will be allocated for additional accrual - 27.5 million. The team will try to achieve the following collection results: SOFTCAP - 31 250 000 WBX, HARDCAP - 125 000 000 WBX. Now WBX tokens can be purchased for Ethereum. The minimum contribution amount is 0.1 ETH, which is not so much even for an ordinary investor. But do not forget that the price of the cost of the token increases every 5 million WBX sold.
Winbix Token Smart Contract Address (WBX): 0x9AbBbA89700e1cE5A9A6E5d6748e5CC464c3771D
Finally, let's take a look at the Winbix Roadmap. The idea in the minds of future project managers was born back in 2016. The following year, work was carried out on the algorithm of the auction. The year 2018 was dedicated to creating a project team and attracting professionals in various fields and fields. From July 2017 to today, the project components are being tested. And this: the project site, trading platform, as well as a payment system. Marketing research is already underway, the selection of product suppliers has started, as well as Pre DAICO. From July to September, the completion of the trading platform is planned. In October of this year, the marketplace will open in Russia. From July 2020 to September of the same year, DAICO will be held. In October 2020, the marketplace will open in the Southeast region, and already in 2021 in the United States and Europe.
Team is a good mix of experts from different fields.
There are experts in business administration and mechanical engineering as well as software development and finance.
All important employees can look back on a long and successful career and bring the necessary experience to the company.
Read Whitepaper: https://winbix.io/whitepaper/Whitepaper_en.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5130735
Project solves the costly and costly problem. The platform is a prime example of the meaningful use of smart contracts and is therefore absolutely groundbreaking for the future. With their experienced team and a very good vision, this is a serious project with great prospects of success.
About the author: Pradeep
Pradeep is the top author and co-founder of ATGNEWS.COM His background counts over 4+ years of experience in the blockchain industry. Pradeep has passion for cryptocurrencies, ICOs, tech revolution, and is standing for honesty across media.
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***Disclaimer: All information on this post is made to educate our readers. Don’t invest in any ICO unless you’re confident about its capabilities and do so at your own risk***