WINBIX SALES SYSTEM

N.B: The aim of the Winbix project is to create a new sales channel that will allow the seller to sell goods at the price of demand, and the buyer to purchase at the desired price.

image.png

INTRODUCTION

Cryptocurrency, which is sometimes referred to as digital currencies operate independently of any central authority or banks and it is permissionless to use, the transaction is open & available for people to see.
Because it is decentralized, government authorities such as the Judiciary, Authorities in-charge of taxation, and the central banks do not find it appealing because it cannot be taxed and they don't have power to influence the transactions of traders/participants.
N.B: Cryptocurrencies Transaction cannot be cancelled, cannot be reversed and neither can it be disputed, This is the reason why newbies are advised to have someone who is experienced and careful to guide them whenever they want to carry out a transaction.
Cryptocurrencies can be obtained by buying/purchasing from a digital/crypto-currency exchanger platform, The exchanger allows the trader to exchange their Fiat( paper currency) to Alt coins of their choice. The top five (5) cryptocurrency Exchange can be find below:
  1. Binance,
  2. Bitmex,
  3. Kucoin,
  4. Changelly, and
  5. Hobi Pro.
Cryptocurrency Trading platform have their own shortcomings such as: scalability, Cybersecurity issues, price volatility and lack of inherent value, Regulations, and abuse of trust which traders place on the crypto exchange all for the sake of profits, user-friendly interface, these shortcomings cause traders to panic.
As more technological innovations are uncovered, WINBIX, A System designed to create 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 came on board.

WHAT IS WINBIX?

The WINBIX System is designed to create 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.



The Winbix project management took care of intellectual rights and has already applied for a copyright patent. The basis of this system is the auction on the contrary, that is, the price does not rise, but lowers to a certain limit, which is determined randomly by the Winbix system.

ADVANTAGES OF WINBIX

THE SELLER
  1. Extra profit from sell-outs due to uniform distribution of sales along the "price" axis;
  2. Each item is sold at а currently fair price;
  3. _If necessary, prompt disposal of the stock balance (stocks) by adjusting the price reduction time;_
  4. An option of adjusting the sales volume by changing the “stop price” range;
  5. Marketing activities – focusing the audience’s attention on priority positions (sale of products not including any “stop prices”);
  6. 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. For example, 10 persons are ready to buy a certain pan model for RUB 2,000 while 200 persons can buy it for RUB 1,300.
THE BUYER
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).
Furthermore, 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.”
THE SYSTEM
The content is being updated constantly due to price changes influencing the resource traffic;
Non-linear price changes draw the Buyer’s attention to each stage of price reduction.

FEATURES OF THE WINBIX SYSTEM

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.
Stock balance is unavailable to the Buyer, each lot (item) may be the last one.
Time interval for the price reduction is set by the Seller for every item
Opportunity to create quotations for Sellers and, if approved, to purchase products at the desired price.
DAICO performance enabling the investor’s maximum protection
Issue of personal WBX tokens (ERC-20)
Price reduction increment is determined randomly, in the range of previous price and stop price; thus, each subsequent price value remains unknown to the Buyer.
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.
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.
Buyback and destruction of tokens at fixed prices through the BUYBACK smart contract.
Creating and financing the SECURITY smart contract (Ethereum security unit).

THE TOKEN

WINBIX is an ERC20-based platform. WCX, which is the token of the platform, will be used in the operation of the platform. Tokens purchased from pre -DAICO and KYC are reserved with smart contracts as WBX tokens.Unlike traditional shops, the project tries to show the decline in prices with advertisements. Thus, it aims to attract the attention of the consumer. Currently, the project will be active in the future in China, the EU, and the US regions.
Winbix mainly focuses on offering services for the sale of products through auctions. As an e-commerce platform, winbix.com will serve as. The primary income source of the company will be the commission income from the sale of the products to be auctioned on the e-commerce platform.
The Winbix team uses pre - DACIO/DACIO, a method of fundraising recommended by Vitali Buterin. Pre DACIO makes up 75% of the markers sold at the end of the end. Softcap and hardcore targets are tried to be achieved.

Token Details


Token Name: WBX
Platform Token: Ethereum
Token Type: ERC20
Price ICO: 0.0526 USD
Tokens Sale: 25,000,000
Accepting Payment: ETH
Soft cap: 6,250,000
Hard cap: 25,000,000

PreDAICO



image.png

Token sale and distribution, KYC



image.png


image.png

THE AMAZING TEAM




ROADMAP AND DEVELOPMENT PLAN


December 2016-Idea concept
January-December 2017: Development of algorithms for auction
January-September 2018: Team building, budget planning
July 2017-to date: Development and testing of the website, trading platform, payment systems and other components of the project WINBIX
July-December 2019: Trading platform refinement, find vendor
April-June 2019: Predaico
June 2018-March 2019: Preparation for PreDAICO
September 2017-Search for today's marketing research and suppliers
October 2019: Sunday launch in Russia
JULY - SEPTEMBER 2020: DEICO
October 2020: Market launch in Southeast Asia
October 2021: Start work in the USA and the EU



PUBLISHER:

BTT USERNAME: bayo88

Comments

Post a Comment

Popular posts from this blog

REALDEX

Image
INTRODUCTION Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases. Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions. As more technological advancements are uncovered,REALDEX,  a
Read more

AQUEST – A UNIQUE DECENTRALIZED APP THAT PAYS YOU FOR COMPLETING A CERTAIN TASK

Image
Aquest is a decentralized application which was created for the sole purpose of paying its users after they must have completed a required task. There will be a simple task visible on the platform for users to complete and in turn get incentivized. Developers in need of social media awareness can list their projects on the platform for users to advertise on their social media handles for them. THE AQUEST FEATURES Security — AQUEST is built on top of the Enkronos application and uses smart contracts to regulate quests and complete them; The Enkronos application itself receives new authorizations and new users with each company; The lack of KYC and other restrictions makes AQUEST more accessible for widespread use. Mobile approach — the user can do all actions using a mobile device, which immediately simplifies the first contact with a new user. AQUEST is a unified platform, so you can place on it both a bounty company, and install the Pokemon Go application and catch Pok
Read more

NEIRONIX - The Analytical Blockchain Project Rating Agency

Image
INTRODUCTION Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases. Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions. As more technological advancements are uncovered, Neironi
Read more