Crypto Wine Exchange (CWEX)
Description
The Crypto Wine Exchange aims to establish easy to access and easy to use fine wine trading platform. By providing blockchain based ownership certification to each bottle of wine traded on the trading platform, CWEX guarantees anonymity and security of investment to its buyers and sellers.
This system of trading with ownership certificates aims to significantly lower the current processing fees, leaving the buyer almost 80% higher value of his investment at the start.
CWEX is a token based on the EOS blockchain, it serves as a medium of exchange on the platform.
ICO Details
The Crypto Wine Exchange aims to establish easy to access and easy to use fine wine trading platform. By providing blockchain based ownership certification to each bottle of wine traded on the trading platform, CWEX guarantees anonymity and security of investment to its buyers and sellers.
This system of trading with ownership certificates aims to significantly lower the current processing fees, leaving the buyer almost 80% higher value of his investment at the start.
Team:
- Jacob Kallupurackal: Founder & CEO.
- Maxim Andersen: Co-Founder & Blockchain Expert.
- Thomas Tsang: Co-Founder & Product Manager.
Crypto Wine Exchange Pre-sale ICO began on December 15th, 2018 and ended at January 9th, 2019, with a starting price of 0.16. Crypto Wine Exchange ICO began on January 10th, 2019. The ICO token supply represents 62% of the total token supply, so there is a total of 55,180,000 tokens available, for 0.20 USD each. The ICO funding target is 1,000,000 USD, the funding cap is 10,000,000 USD and is expected to end on March 19th, 2019 or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (38%):
- 14% Team;
- 3% Bounty;
- 4% Future Steakeholder;
- 5% Legal & Finance;
- 12% Community and Growth;
ICO Status | Finished |
---|---|
Token Supply | 89000000 |
Start Date | 2019-01-10 |
End Date | 2019-03-21 |
Fund Raised (BTC) | N/A |
Fund Raised (USD) | 600000 |
Start Price (USD) | 0.20 |
Security Audit Company | N/A |
ICO Legal Form | Corporation |
ICO Jurisdiction | Switzerland |
Legal Advisers | N/A |
Blog | https://medium.com/cwex-io |
White Paper | cwinex.io/wp-content/uploads/2018/10/CWEX_white_paper.pdf |