Topic: 📌 [ANN] CWEX - decentralized fine wine trading 📌 - page 13. (Read 1783 times)

I hope that the project will be able to develop faster. Investing in wine is a new idea and I would like to see how the cryptocurrency market will perceive such a platform.

I saw you have a rather long period of development. Launch of the platform in February, 2020.  This period can be reduced if you can collect hard cap during the sale of ICO?

If the team really can provide access to these exchanges, I think a lot of participants will be able to learn about the platform's perspective, but probably that to start listing, Cwex will have enough two authoritative exchanges.

I read that the team plans to list the CWEX token on the main exchanges: Poloniex, Etherdelta, Okex, HITBTC, Bittrex, Binance and Bithumb. It's cool, but who will be the first?

Hello. I think that wine can become a good object for trade. Good value for pre-sale.
Minimal Transaction amount 50USD for both rounds of sales of ICO?

The CWEX exchange aims to establish easy to access and easy to use fine wine trading platform. It guarantees anonymity and security of investments. This is an interesting option for investors.

Your main goal is understandable to me. But I'd love to study your white paper. Now it is only available after the request? It is not  in free access?

I have not seen so far such a proposal among the assets. And the fact that the competition is not so big can help the project to get its part of the market successfully. I will follow the development of the project.

I think that the platform will be interesting for many traders. Now you have partners, and the project has a good rating. I hope that the CWEX will become profitable for early investors.

The sale of tokens has not yet started, but I have already seen on the site cwinex.com a number of wine offers. Is this a working version of the platform or MVP?

Hello. Will you offer additional bonuses or referral program for pre-sale? I am interested in your ICO, I hope that it is only about the best producers of wine.

If I understand correctly, then traders can both sell certificates for wine and physically be a wine buyer, but there are still a number of questions that need clarification.

I have not thought about this possibility before, but I think that wine in the world of cryptocurrency is quite a real expansion of business for small producers. 

Hey. At the moment, I can see where some wines will be on sale and what prices will be on them.
And another question, the price of wine in tokens will be fixed or will change depending on the value of the token.

the idea is quite interesting, but I am still confused about the ownership of each bottle of wine that we will hold, is it just by holding the token we have the asset or wine? I have not fully understood the system in this platform, it may take time to learn it.

Smooth and easy trading , i like that. this is a nice project for investors who like wine, how many coins have you sold untill now?

Hello,

CWEX ICO has been listed on UnboxICO (link: http://unboxico.com/ico_detail.php/802/CWEX/ ).

Feel free to contact us via [email protected] , if you have any questions.

In most countries, the largest increase in the value of wine gives excise and other various taxes, which the state imposes on sellers and producers of alcohol. Alcohol is not a brick or paper, who will be responsible if the consumer gets harm to health? How do you guarantee that exactly the wine that the consumer bought will be on his table?

This system of trade with property certificates significantly reduces current processing fees, leaving the buyer almost 80% greater value of their investments from the outset.

I found this informations:

"ICO Analysis: CWEX
Published on November 14, 2018
By Joshua Larson
Proof: https://hacked.com/ico-analysis-cwex/

Team
From Switzerland, this impressive team has 5 founders.
Jacob Manuel Kallupurackal – Co-Founder/CEO. He has worked for Cisco since 2015 as a Global Training Program Manager.
Maxim Andersen – Co-Founder/Blockchain Expert. 5 years as a Beam Instrumentation Specialist for CERN. Over 2 years as Software Engineer at CISCO.
Thomas Tsang – Co-Founder/Project Manager. 3 years as Remote Participation Analyst for the United Nations Telecommunications Union.
Nadir Zemrani – Co-Founder/Finance Manager. Master of Business from Swiss Management School in 2017.
Stephen Gonah – Co-Founder/Compliance Expert. Spent 14 years in different Officer roles for UNHCR, the UN Refugee Agency.
David Guye – Partner Relations Manager. Huge wine expert.
Their current Advisory Board has 4 members. 3 of them look impressive with experience at JP Morgan, UN Food Program, HSBC, and Schroders.

Verdict
Despite being a risky and challenging investment, if it turns out fine wine, it can be quite profitable. According to wineinvestment.com, “the fine wine market has consistently delivered a positive absolute return over any 5-year return. More importantly, of the total 57 Five-Year periods that we covered (2008-2018), only 9 periods experienced negative returns.”

Risks
    The token use case isn’t very exciting. It looks like most of its purpose is to save on trading fees. -1
    The community is small. 300+ Twitter, 100 viewers of their ad video, 4,000 Telegram (bounty chasers). -1
    5 co-founders is a lot of chefs in the kitchen. -1

Growth Potential
    As stated above, wine has consistently delivered positive returns to investors. When traders start making even better returns thanks to CWEX, and word gets out, it will ramp up the entire market. +3
    On Crypto Wine Exchange, you can trade in CWEX/EOS/BTC/ETH/NEO/USDT. +2
    The team is high grade. +3
    There are a lot of wine collectors/investors out there. +2

Disposition
Cool concept. Great looking team. Very possible this project ages like a fine wine. 7/10

Investment Details
    Symbol: CWEX
    Platform: EOS
    Total Supply: 89 million
    Amount for Sale: 55 million (62%)
    Price: $0.20
    Presale: Dec 15 – Jan 9th (20% bonus)
    Public Sale: Jan 10- March 31
    Hardcap: $10 million
    Softcap: $1 million"

So my opinion: the project looks impressive, I think that I will take part.