WINBIX

WINBIX

Created using Figma
Created using Figma
The WINBIX marketplace aims to create a new channel for sales, allowing participants to sell goods at the demand prices at any time
Apr 24, 2019
Jun 22, 2019
100% completed
Raised funds - no Data
past
Token Details
Accepted Currencies
ETH
Company Details
Registered Country
Estonia
Additional Details
MVP/Prototype
Yes
KYC
Yes
Categories
Platform

About WINBIX

The WINBIX marketplace aims to create a new channel for sales, allowing participants to sell goods at the demand prices at any time. The system uses the reversed auction model. The price of the goods decreases until one of the participants stops the auction. The first buyer who stops the auction wins. The specific features of the auctioning process are intellectual property of the project: an application has been submitted to USPTO. Distinctive features of the WINBIX marketplace: - minimum price per each lot is determined randomly subject to the minimum price corridor established by the Seller, i. e. the minimum price per each lot is different and the value thereof remains unknown to the Buyer - price reduction increment is determined randomly, in the range of the previous price and stop price; thus, each subsequent price value remains unknown to the Buyer - stock balance is unavailable to the Buyer, each lot (item) may be the last one - Buyer can set any price value at which the System should notify the Buyer. This information is available to the Seller and provides an opportunity to forecast demand at different price levels - the time interval for the price reduction is set by the Seller for every item - there is an established direct correlation between the Seller’s sale costs and the quality of provided services - settlement of disputes by arbitration involving Sellers, Buyers and the System; - opportunity to create quotations for Sellers and, if approved, to purchase products at the desired price   The main income of the company will be a commission for providing intermediary services for the sale of products by auctions on the e-trading platform winbix.com.

Further, the Company plans to monetize the Buyers’ interest in each price reduction event through advertising. An increased number of product views are expected before purchase, as compared to traditional online stores, enabling the advertisers to increase the number of contacts with a “hot” target audience. Russia is the Project region now; within 2 years, it will be China, the European Union, and the US. The target Project audience shall include: - Sellers – small and medium intermediaries/manufacturers who cannot afford to bear the costs of organizing and maintaining online sales. Further, the marketplace will be useful for companies wishing to occupy a niche among customers with a limited income level (the target audience of bulletin boards, joint purchases); - Buyers – people with average and below average income having to combine an acceptable consumption level and limited financial resources. The audience ready for time-consuming costs in exchange for the option of obtaining a satisfactory price offer. The team started developing the MVP in July 2018 at its own expense. For this moment MVP is ready. The project emits ERC-20 investment tokens called WINBIX (WBX). WBX tokens are put into circulation through the DAICO procedure (smart contract-controlled use of the project's funds) in order to protect participants. Distinctive features of the PreDAICO/DAICO WINBIX: - the collected funds are stored in a smart contract and allocated to the team in parts. Only Ethereum is accepted as payment for tokens. Ethereum is stored in a smart contract. The allocation of funds occurs once a month in the amount of TAP. The team may initiate a change of TAP no more than 1 time in 30 days. For this decision to be made, the consent of 50% of the voters plus 1 vote is necessary. Only tokens of buyers at the DAICO/PreDAICO can participate in the voting.

Tokens which are allocated through marketing programs (Airdrop, Bounty) or purchased on the secondary market do not have the right to vote. - reporting of the team to the investors The team publishes reports on the use of funds on the official website of the company: winbix.com - giving investors the right of sole exit from the project Any token (except the tokens which are received through marketing programs or purchased on the secondary market) can be returned to the PreDAICO/DAICO smart contract (after 45 days since the end of the PreDAICO or after 90 days since the end of the DAICO) with the receipt of a share of the balance of funds for the moment. - the tokens are not allocated to the project team and the advisers.  - creation of a smart contract to back by a token WBX (unit of backing is Ethereum) A smart contract “SECURITY” is created to be funded by the part of the marketplace commission fee 5 years. Any token (without any limitations) can be returned to the contract with the receipt of a share of funds for the moment. - a reversed buyback (BUYBACK) at the fixed price in Ethereum through appropriate smart contract Within 6 years from the launch of the marketplace, WINBIX makes a reversed buyback of tokens at the fixed price. The purchase price is increased by 100% annually

WINBIX Roadmap

  • December 2016

  • Idea of holding the auction.
  • JANUARY – DECEMBER 2017

  • Working over the auction algorithm.
  • JANUARY – SEPTEMBER 2018

  • Team building, budget planning.
  • JULY 2017

  • Development and testing of the System site, trading platform, payment System and other WINBIX System components.
  • Read More
  • SEPTEMBER 2017

  • Marketing research and selection of suppliers.
  • JUNE 2018 – MARCH 2019

  • Getting prepared to PreDAICO activities.
  • APRIL – JUNE 2019

  • PreDAICO.
  • JULY – SEPTEMBER 2019

  • Trading platform follow-up, selection of Sellers.
  • OCTOBER 2019

  • Marketplace launch in Russia.
  • JULY – SEPTEMBER 2020

  • DAICO.
  • OCTOBER 2020

  • Marketplace launch in Southeast Asian countries.
  • OCTOBER 2021

  • Commencement of activities in the US and EU.

Activity

Activity:
71
LOW
Posts:
93
VERY LOW
Views:
1 516
LOW
Activity:
71
LOW
Merit:
0
VERY LOW
Posts:
2 584
VERY HIGH
Views:
20 041
VERY HIGH
Users:
58
LOW
Posts:
57
LOW
Followers:
2 648
MEDIUM
Likes:
2 490
MEDIUM
Followers:
1 871
LOW
Tweets:
43
VERY LOW
30 Days Growth:
-128
Members:
2 352
MEDIUM
30 Days Growth:
-145
Alexa

Rank:
752 126
LOW
Delta:
0
Year commits:
3
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0

WINBIX Team

Verified 100%

Generalov Alexey
Co-Founder Chief Executive Officer
verified
Krasnianskii Evgenii
Chief Marketing Officer
verified
Li Roman
Co-Founder Investor
verified
Volkov Konstantin
Co-Founder Chief Technical Officer
verified
Vinogradov Stanislav
Lead Developer
verified
Dezhurko Mikhail Ful...
Developer Smart Contract Developer
verified
Nikonova Olesya
Marketing Specialist
verified
Morozova Olga
PR Specialist
verified

WINBIX Interviews

Generalov Alexey
As a team member, сan you tell us about your role in the ICO project?
I have been working on the project since its inception (December 2016). I have participated in the development of algorithms for bidding, MVP, rules for conducting DAICO.
What do you think about idea?
I believe that our product that deceives the problems of retail will be in demand by the market. Currently, sellers receive less profit due to an attempt to sell at a fixed price. A certain flow of customers simply passes by the store, taking information about the acceptable price of the product and money.
I also believe that DAICO reduces the risks for the investor and motivates the team to work harder after the completion of fundraising.
Krasnianskii Evgenii
As a team member, сan you tell us about your role in the ICO project?
For the first time I took the role consultant in cryptos, crowdfunding and marketing (being in cryptos for 5 years). But I got involved in WINBIX project entirely and lead the marketing. We promote our project through Airdrop and Bounty, keep profiles in social networks, manage our threads in bitcointalk and others. Our proposal for the paticipants is great in winbix.io, join us!
What do you think about idea?
I surely know that this marketplace WINBIX with so flexible principles of sales is most waiting for now. It's useful tool for sellers and buyers, it's unique sales system for real!
This project needs to be developed and crowdfunding have to get success! Our ratings are high level, see on our site.
Li Roman
As a team member, сan you tell us about your role in the ICO project?
I am in the project from the very beginning, since February of 2017. We developed the main features of WINBIX Sales System together with Alexey Generalov. As the first investor, I took all the expenses of the period 2017-2019. Now I help Alexey to manage cooperation inside our team and as we are a startup I do everything that is necessary at the moment, no matter what it is - programming, marketing, PR relations, office routine, law consulting, whatever.
What do you think about idea?
I think WINBIX is a great idea with huge potential. We’ll make a lot of money and change the e-commerce world! People do need new models in the business. And Winbix gives our clients an exciting and gainful way of shopping on the internet!
Volkov Konstantin
As a team member, сan you tell us about your role in the ICO project?
I am a co-founder, CTO and project manager, who is responsible for the development of MVP Winbix. I am actively engaged in projecting, formalizing requirements, working with a team of programmers, testing and monitoring of project development.
What do you think about idea?
The main idea of the project is a mechanism for reducing the prices of goods. The search for a mechanic of effective price management is the key to the success of any Internet site. If there is enough information (on goods and prices), it is possible to develop very competitive mechanics that will allow our project to stand out considerably among other trading platforms.
Vinogradov Stanislav
As a team member, сan you tell us about your role in the ICO project?
I am a lead developer and a technical specialist of the project. I supervise the technologies which are used. Also, I make
clarifications on technical issues for the team of developers.
What do you think about idea?
For me, WINBIX is an interesting project in all its aspects, starting with how we collect money from investors and ending with its large-scale implementation.
Dezhurko Mikhail Fullstack Web
As a team member, сan you tell us about your role in the ICO project?
I'm a fullstack web developer and a smart contract developer. I take care of the technical side of the project and keep it working for users.
What do you think about idea?
I believe in the project's potential to help sellers to meet the needs of buyers in an optimal way and earn maximum profit at the same time.
Nikonova Olesya
As a team member, сan you tell us about your role in the ICO project?
I have been working in marketing for more than 10 years. I am able to work with a wealth of information and have marketing research skills. I am independent, focused on continuous learning and able to accept everything new.
What do you think about idea?
I always aim only at winning and I believe in the success of WINBIX because this project offers a completely new vision of the market and the interaction of buyers and sellers.
Morozova Olga
As a team member, сan you tell us about your role in the ICO project?
I have an applicable knowledge in copywriting, editing and design. Also, I am a creative thinker, who is familiar with all forms of social media platforms that are currently in use.
What do you think about idea?
I believe in the project because it addresses the existing challenges in sales and the product is needed by consumers. Also, by developing the project which is based on the blockchain technology, we will allow the participants to be confident in complying with the terms of the transaction and relevant conditions for storage of personal data of our users.

WINBIX Last News

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