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Topic: 🔥🚀[ANN] WINBIX PreDAICO starts!!! participate in unique sales system #28 - page 4. (Read 1835 times)

copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
I have bookmarked it to read in peaceful place later to understand what is all about. I have gone through introductory information that seemed interesting at large. Upon further diving in for more details will decide to join it. Why project is registered in Estonia when it will first be launched in origin country Russia ?



In USA there is SEC with a hard and long harmonization of regulations. But we intend to submit D form in SEC after PreDAICO.
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
I have bookmarked it to read in peaceful place later to understand what is all about. I have gone through introductory information that seemed interesting at large. Upon further diving in for more details will decide to join it. Why project is registered in Estonia when it will first be launched in origin country Russia ?

We choose Estonia as low-tax jurisdictions and there is a smart and secure business environment.
But Russian market is much bigger. That are the simple reasons.
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
just read about preDAICO in this thread, what is that ? is this new model of ICO or someting different ?
then, what is the main benefits from preDAICO ?
anyway good luck for your project
thank you

DAICO is a new fund-raising model which was suggested by Vitalik Buterin, the creator of Ethereum blockchain. It combines the advantages of decentralized autonomous organizations (DAO) and classic ICO.
The team of Winbix decided to withdraw the tokens to the market through the DAICO procedure to minimize the risks for investors and also to make the processes of fund-raising and expenditure transparent and safe.

DAICO of Winbix has its own features:
1. The TAP, which is monthly financing of the project.
2. To change the TAP is possible only through the vote.
3. Each participant has a possibility to withdraw from the project unilaterally and to return the remaining part of unspent funds in exchange for acquired tokens.
4. Coin burning of all the unsold tokens.

Therefore, we can argue that the Winbix project token has the resource in the form of cash balance on a smart contract.
full member
Activity: 562
Merit: 101
just read about preDAICO in this thread, what is that ? is this new model of ICO or someting different ?
then, what is the main benefits from preDAICO ?
anyway good luck for your project
thank you
legendary
Activity: 1260
Merit: 1001
I have bookmarked it to read in peaceful place later to understand what is all about. I have gone through introductory information that seemed interesting at large. Upon further diving in for more details will decide to join it. Why project is registered in Estonia when it will first be launched in origin country Russia ?
newbie
Activity: 194
Merit: 0
Winbix, this is a good trading platform solution that can be an alternative for anyone to make a profit
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
WINBIX PreDAICO started today! Join

What is WINBIX?

The mission of WINBIX sales system is creating 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.
MVP is ready!

Who needs WINBIX?

Sellers:
- the sale of each product item is performed at the demand price at any time
- creating instant liquidity for stock balances
Buyers:
- the opportunity to purchase products at the desired price

Why you need to participate in WINBIX PreDAICO:

- the funds of investors are managed by PreDAICO smart contract, allocated in parts, the team reports to investors,
- the investor has an unconditional sole right to exit the project by simply returning the tokens to the smart contract (Ethereum is returned automatically),
- team tokens not reserved,
- all the tokens that are received now will be doubled at DAICO period
- our "SECURITY" smart contract is making WBX tokens are backed by Ethereum!
- WBX tokens buyback at the fixed price gives 100% yield per year in Ehtereum!

We have:

- the team is capable of implementing the idea winbix.io
- the smart contracts are managed the funds
- the product needed by the world demo.winbix.com

Join PreDAICO on our site winbix.io

The address of the smart contract for the purchase of WBX tokens and detailed instructions can be found at winbix.io


Respectfully,
WINBIX team
copper member
Activity: 65
Merit: 0

Congratulations! WINBIX ICO rating by ICOnow 73/100.


Business: 17/20
Product readiness: 3/5
White Paper: 7/10
Roadmap: 6/10
Legal: 2/5
Team: 16/20
ICO terms: 3/5
Token applying: 3/5
ICO Promotion: 16/20

I like this rating. Hopefully you will review our project when we prepare for public info launch.
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
Thank you  ICOnow for your work!

We all need more so active rating projects!
member
Activity: 324
Merit: 10
Truth about ICO - ICOnow.net

Congratulations! WINBIX ICO rating by ICOnow 73/100.


Business: 17/20
Product readiness: 3/5
White Paper: 7/10
Roadmap: 6/10
Legal: 2/5
Team: 16/20
ICO terms: 3/5
Token applying: 3/5
ICO Promotion: 16/20
member
Activity: 462
Merit: 10
The project seems promising to me . Please tell us which countries your trading platform will be primarily designed for .


Thank you for your clear question!

October 2019 - Russia (testing the various price reduction algorithms, collecting information about consumer behavior in terms of auction, testing the trading system),
October 2020 - countries of South-East-Asia,
October 2021 - USA, European Union

Please inform your community about the results of the test work of the platform , it is very interesting .
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
The project seems promising to me . Please tell us which countries your trading platform will be primarily designed for .


Thank you for your clear question!

October 2019 - Russia (testing the various price reduction algorithms, collecting information about consumer behavior in terms of auction, testing the trading system),
October 2020 - countries of South-East-Asia,
October 2021 - USA, European Union
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
You work with fiat payment.
The question arose, why do we need a crypt in your project?
It will bury your project on the contrary.

I think so too friend. For them, all this is not very good. And considering the tokenomics, I don’t think they chose the right direction. Or we do not understand something or the team has not fully calculated everything.


Using cryptos we make a more equitable system.
Our investors send Ethereum to DAICO WINBIX smart contract and team can't withdraw them.
Only the smart contract gives 1/12 funds each month for developing and marketing WINBIX sales system.
Besides our smart contracts
** give the opportunity to exit the project for investors if they are not satisfied
** buy back WBX for fixed price and the price is going up in Ethereum
** make WBX token backed in Ethereum, smart contract is collecting the profit from WINBIX sales system
All getting WBX in smart contracts will be burned at once.

sr. member
Activity: 1092
Merit: 273
ONLY BTC- https://github.com/cgewecke
You work with fiat payment.
The question arose, why do we need a crypt in your project?
It will bury your project on the contrary.

I think so too friend. For them, all this is not very good. And considering the tokenomics, I don’t think they chose the right direction. Or we do not understand something or the team has not fully calculated everything.
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
You work with fiat payment.
The question arose, why do we need a crypt in your project?
It will bury your project on the contrary.

Thanks for your comment.
We use cryptos for crowdfunding. The funds are managed by smart contracts.
And use DAICO to offer our investors and ambassadors more clean profit-sharing processes.
In details in our Whitepaper
sr. member
Activity: 462
Merit: 250
You work with fiat payment.
The question arose, why do we need a crypt in your project?
It will bury your project on the contrary.
copper member
Activity: 65
Merit: 0
Is this a cryptocurrency version of Ebay? What is the size of the target market for project like this?


No, it's not cryptocurrency version of Ebay. First, because we sell for fiat money and usual marketplace users do not deal with crypto. Second, because at Ebay as far as we know is usual auction where buyers increase the price and the highest price wins. But WINBIX uses modified model of reversed auction. The prices decrease from the highest (start price) until the first buyer stops the process (buys). Of course, there are limitations - the lowest price, auction duration limitations etc. And, that is important, the process of  price decrease is not linear. The start and the lowest prices change from auction to auction, auction duration differs. All of these parameters are managed by special algorithm. Please, take a minute to explore https://winbix.io/en and https://demo.winbix.com (click  the item to open auction window).

As to the target market size - it's not lower than Ebay's 😉

Thank you for explaining. Ambitious, I understand. I will look into it more.
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
Is this a cryptocurrency version of Ebay? What is the size of the target market for project like this?


No, it's not cryptocurrency version of Ebay. First, because we sell for fiat money and usual marketplace users do not deal with crypto. Second, because at Ebay as far as we know is usual auction where buyers increase the price and the highest price wins. But WINBIX uses modified model of reversed auction. The prices decrease from the highest (start price) until the first buyer stops the process (buys). Of course, there are limitations - the lowest price, auction duration limitations etc. And, that is important, the process of  price decrease is not linear. The start and the lowest prices change from auction to auction, auction duration differs. All of these parameters are managed by special algorithm. Please, take a minute to explore https://winbix.io/en and https://demo.winbix.com (click  the item to open auction window).

As to the target market size - it's not lower than Ebay's 😉
copper member
Activity: 65
Merit: 0
Is this a cryptocurrency version of Ebay? What is the size of the target market for project like this?

Aside from that, how can they motivate the sellers to use their online platform? There are many sellers that are using alibaba, amazon, ebay, and other local online shop already. What's the advantage for them to use your platform? Aside from the fact that you are just starting up with this marketplace, so you have very little audience obviously. Consequently, consumers will have very little options in the beginning. How are you going to compete with established online shops and get your fair share in the market?

Thank you for expanding on my questions. We will wait to see if we receive a good answer to them.  Smiley
copper member
Activity: 71
Merit: 0
#marketplace #winbix #wbx #winbixcoin #daico
what did you mean with this,, ? is this project offer a buy back system ?
and how much the price, because i read a the price is fixed right ?

Quote
+ Buy back at a fixed price in Ethereum (100% per annum)


Hello!

Yes, project offers the BUYBACK and SECURITY  systems.
Please, take a look at https://www.youtube.com/watch?v=b9niHg89kTA
(2:15)
and https://winbix.io/en
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