sumurbor: WINBIX ICO review.

Hello, my friends are all, I want to give information as possible, so far you are still confused where and where we will get income to change our lives.

This is the time for us to struggle to change the future, because we have found a company that is the most BONAFIT among companies of its class.

You don't worry because this company is already well-known throughout the world. This is the name of the company:

WINBIX DAICO:

About WINBIX:

The WINBIX market aims to create new channels for sales, allowing participants to sell goods at the asking price at any time. The system uses a reverse auction model. The price of the item decreases until one of the participants stops the auction. The first buyer to stop the auction wins. The specific feature of the auction process is the intellectual property of the project: the application has been submitted to the USPTO. Typical features of the WINBIX marketplace minimum price per each lot are randomly determined subject to the minimum price corridor set by the Seller.

Chance:

The opportunity to buy products at the desired price. Even if the product price drops to the "stop price" level and this level cannot be accepted, the minimum price will be different at the next bidding stage (either higher or lower). Furthermore, it is not excluded that the product can be associated with the "non-stop sales" category. To maintain control over the position, it will be necessary to set the tag "send notification of price reduction."

How the system works:

The system uses a reverse auction model. The price of the item decreases until one of the participants stops the auction. The first buyer who stopped the auction, won.

Bidding and lower prices are determined by the WINBIX system using special algorithms that take into account seller requirements, the number of participants in the auction, the results of previous rounds and other factors. Thanks to this algorithm, it is not possible to predict how the auction will proceed.

Typical features of the WINBIX market:

- the minimum price per lot is randomly determined subject to the minimum price corridor set by the Seller, ie the minimum price per lot is different and the value thereof is still unknown to the Buyer

- reduced price increases are determined randomly, in the previous price range and stop prices; thus, each subsequent price value remains unknown to the Buyer

- stock balance is not available for Buyers, each lot (item) may be the last

- The buyer can set any price value where the System must notify the Buyer. This information is available to sellers and provides an opportunity to estimate demand at different price levels

- the time interval for price reduction is determined by the Seller for each item

- there is an established direct correlation between the seller's sales costs and the quality of services provided

- settlement of disputes through arbitration involving Sellers, Buyers and Systems;

- The opportunity to make a quote for the Seller and, if approved, to buy the product at the desired price

The company's main revenue will be a commission to provide intermediary services for product sales by auctioning on the winbix.com e-trading platform.

Furthermore, the Company plans to monetize the interest of the Buyer in each event of price decline through advertising. An increase in the number of product views expected before buying, compared to traditional online stores, allows advertisers to increase the amount of contact with the "hot" target audience.

Russia is the current Project area; in 2 years, it will be China, the European Union and the US:

The Project's target audience must include:

- seller

small and medium-sized intermediaries / producers who cannot afford the costs of organizing and maintaining online sales. Furthermore, the market will be beneficial for companies that want to occupy a niche among customers with limited income levels (target audience bulletin boards, joint purchases);

- Buyer

people with average and below-average income must combine acceptable levels of consumption and limited financial resources. The audience is ready with the cost of spending time in return for an option to get a satisfactory price quote.

The team began developing MVP in July 2018 at their own expense. For now the MVP is ready:

This project emits an ERC-20 investment token called WINBIX (WBX). WBX tokens are included in the circulation through the DAICO procedure (use of project funds controlled by smart contracts) to protect participants.

Typical features of PreDAICO / DAICO WINBIX:

- Funds collected are stored in a smart contract and allocated to the team in part.

Only Ethereum is accepted as payment for tokens. Ethereum is stored in a smart contract. Fund allocation occurs once a month in the number of TAP. The team can make changes to TAP no more than 1 time in 30 days. For this decision to be made, approval of 50% of voters plus 1 vote is required. Only buyer tokens at DAICO / PreDAICO can participate in voting. Tokens that are allocated through marketing programs (Airdrop, Bounty) or purchased on the secondary market do not have the right to vote.

- team reporting to investors

The team published a report on the use of funds on the company's official website: winbix.com

- gives investors the sole right of the project

Any tokens (except tokens received through a marketing program or purchased on the secondary market) can be returned to the PreDAICO / DAICO smart contract (after 45 days from the end of PreDAICO or after 90 days from the end of DAICO) to the receipt of part of the current fund balance.

- tokens not allocated to the project team and advisors.

- Smart contracting to be supported by WBX tokens (supporting unit is Ethereum)

"SECURITY" smart contracts are made to be funded by part of a 5-year market commission fee. Any tokens (without any restrictions) can be returned to the contract by receiving a portion of funds at this time.

- reversed buybacks (BUYBACK) at fixed prices on Ethereum through appropriate smart contracts

Within 6 years of the market launch, WINBIX has repurchased tokens at a fixed price. The purchase price increases 100% per year

Token:

WINBIX only accepts investment in Ethereum. All investor relations are based entirely on smart contracts.

Funds collected through PreDAICO / DAICO are kept in a smart contract. The project team does not have access to this fund. This project is funded through monthly funding (TAP).

WBX economic token:

WINBIX generates revenue from commission fees paid by sellers on the platform, as well as from our own business activities. The profitability of WBX tokens is guaranteed by two instruments.

First instrument:

Repurchase tokens at a fixed price.

Done through a smart contract "BUYBACK"

From the trading platform launch day and until the beginning of DAICO, 100% of the revenue generated from the commission fee will be used to buy tokens at a price of 0.0013 ETH.

Duration after the end of DAICO Percentage of platform revenue from commission fees used to repurchase Repurchase price of 1 WBX (ETH)

- year: 25% 0.0026.

- year: 20% 0.0039.

- year 1: 7.5% 0.0052.

- year: 15% 0.0065

- year 1: 2.5% 0.0078.

All purchased tokens are destroyed

Important! WBX tokens are repurchased using the WINBIX platform revenue, and not with funds collected during DAICO.

Second instrument:

credit funds to an investor account

Done through a "PROVISION" smart contract

Investor wallets are managed by smart contracts "PROVISION". Investor profits accumulated there. Investors can exchange their tokens for a share of the profits that have accumulated in this wallet at any time.

The period after the end of the DAIC percentage of platform revenue from fees, is sent to the investor's wallet ("PROVISION").

- year: 25%:

- year: 20%.

- year: 17.5%.

- year: 15%.

- year: 12.5%.

In this way, WBX tokens can be resold by investors to WINBIX as part of the repurchase program, or returned to the "Provisioning" wallet. In the latter case, the investor receives funds from this wallet (comparable to the number of tokens returned and funds collected in the wallet). Repurchased tokens and returned to the investor's wallet are destroyed. Investor profits grow, because the price of repurchasing WBX and the amount of funds in the wallet continues to grow. The longer an investor holds their token, the more profit they will make.

Investors control the project:

The team works according to the Roadmap and is funded every month according to the budget graph. If an investor doesn't like the way the project team works, they can leave the project ex 45 days after the end of PreDAICO (90 days after the end of DAICO). Money is returned from the smart contract in proportion to the number of tokens returned and the remaining balance in the smart contract, taking into account the return coefficient. You can read more about our refund policy on the Whitepaper.

Participation in PreDAICO:

You get the opportunity to make the most profitable investment possible - to participate in PreDAICO from the WINBIX sales system. To leave the application, let us know your email, and you will get the opportunity to immediately purchase WBX tokens at the lowest price. Before the start of PreDAICO you will get the right reminders and instructions on how to use our smart contract.

Budget allocation:

DAICO PREDAICO

50% - marketing costs to advertise platforms outside Russia

18%-compensation for financing losses if some participants leave the project (formed from TAP). If, at the end of the funding phase based on the PreDAICO smart contract there is still a balance that is not burdened, it will be used for DAICO advertising

10% - operational costs associated with maintaining trading platform activities

7% - DAICO smart platform and contract development funding

5% - legal support (including TM registration, patents, etc.)

5% - DAICO advertising fee

3% - marketing analysis: preparation for the post DAICO stage (marketing efforts in other countries; we will use our experience working with Russian-speaking countries to analyze retail margins)

2%-reserve

WINBIX Road Map: