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What are the distinctive features of the DAICO in WINBIX project from a conventional ICO and what are the advantages for an investor?
1. Distinctive features: There're six main distinctive features:
- The collected funds are stored in a smart contract and allocated to the team in parts.
- Allowing investors the right exiting solely from the project
- WBX tokens won't be allocated to the project team and the advisers
- Creating a smart contract to back by a token WBX (Tickle of backing is Ethereum)
- Buying back at the fixed price in Ethereum in the future via appropriate smart contract “BUYBACK”
- Publishing reports about the use of the funds by the team on the official website of the company: winbix.com
2. Advantages for an investor
2.1 For sellers
- Having Extra profit from sell-outs due to uniform distribution of sales along the "price" axis;
- Each item will be sold at a currently fair price
- If necessary, prompt disposal of the stock balance (stocks) by adjusting the price reduction time
- An option of adjusting the sales volume by changing the “stop price” range
- Marketing activities – focusing the audience’s attention on priority positions (sale of products not including any
“stop prices”)
- Buyer feedback (“price reduction notice” tag) that makes it possible to forecast demand in case of changes in
the price lower limit. The Seller will know the number of Buyers ready to purchase the products and the relevant
prices for every position
2.2 For Buyers
Having An opportunity to purchase products at the desired price. Even if the products price drops to the “stop price” level and this level is unacceptable, the minimum price will be different at the next bidding stage (either higher or lower). Further, it is not excluded that the products could be attributed to the “sales without stop price” category. To maintain control over the position, it would be necessary to set the tag “send price reduction notice.”
More advantages:
Correlation of the Seller’s costs and quality of services. How can the Buyer influence mala fide sellers now? Write a bad review and refuse from buying from them, and this is all the feedback you can provide currently. With our System, the Buyer will rate their “satisfaction level” per each transaction, influencing the amount of commission directly paid by the Seller
Sources:
https://winbix.io/whitepaper/Whitepaper_en.pdfhttps://bitcointalksearch.org/topic/ann-winbix-predaico-starts-participate-in-unique-sales-system-28-5130735Regards
