WINBIX System is intended to make another business channel that would make it feasible

About WinBix

WinBix is a marketplace platform that aims to create new channels for sales, allowing participants to sell items at the offering 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 who stopped the auction, won.

Bidding and lower prices are determined by the WinBix system using a special algorithm that takes 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.

DAICO - Innovative Fundraising Model

DAICO is a new fundraising model suggested by Vitalik Buterin, creator of the blockchain Ethereum. It combines the advantages of decentralized autonomous organization (DAO) and classic ICO.

The WinBix team decided to withdraw tokens to the market through the DAICO procedure to minimize risks for investors and also to make the fundraising and expenditure process transparent and safe.

DAICO from WinBix has its own features

Among them are:

TAP, which is the monthly financing of the project.
To change TAP is only possible through voting.
Each participant has the possibility to withdraw from the project unilaterally and return the remaining portion of the funds that are not used in return for the tokens obtained.
Burning coins from all unsold tokens.

Therefore, we can argue that WinBix project tokens have resources in the form of cash balances on smart contracts.

Marketplace is an application or site that gives web based exchanging offices from different sources. Site proprietors or applications don't have any items and their business just exhibits other individuals' items to clients and afterward encourages them. As such the thought of Marketplace is a plan of action where the site does help advance items as well as scaffolds online exchanges among dealers and purchasers.

One of the numerous organizations begins advancing and selling their items online on the grounds that it makes their business quicker and increasingly effective. Another motivation behind why the Marketplace is mainstream is that Market places will in general have huge traffic with the goal that dealers can utilize it. For online dealers with little capital, obviously bringing expansive traffic into their web is a troublesome errand. Consequently the most shrewd option for them is to sell through Market place. To sell items in Market place additionally does not require necessities that are excessively confused and moderately simple.

The WINBIX System is intended to make another business channel that would make it feasible for the Seller to sell the items with most extreme proficiency and for the Buyer to purchase at a sensible cost. The System task depends on the Dutch Auction standard, I. e. steady decrease in the item cost until the items are sold or until the stop value level is accomplished.

The System highlights incorporate, if it's not too much trouble note that some switch closeout highlights comprise licensed innovation of the Project :

- Minimum cost per each part is resolved arbitrarily subject to the base value hall built up by the Seller, I. e. the base cost per each parcel is unique and the esteem thereof stays obscure to the Buyer.

- Price decrease addition is resolved haphazardly, in the scope of past cost and stop value; accordingly, each consequent value esteem stays obscure to the Buyer.

- Stock equalization is inaccessible to the Buyer, each part (thing) might be the last one.

- Buyer can set any value an incentive at which the System ought to tell the Buyer. This data is accessible to the Seller and gives a chance to estimate request at various value levels.

Тhe WINBIX commercial center plans to make another channel for deals, enabling members to sell merchandise at the interest costs whenever. DAICO execution empowering the financial specialist's most extreme insurance. Buyback and pulverization of tokens at fixed costs through the BUYBACK shrewd contract. Issue of individual WBX tokens (ERC-20). Making and financing the SECURITY shrewd contract or Ethereum security unit.

The framework utilizes the switched closeout model. The cost of the merchandise diminishes until one of the members stops the sale. The principal purchaser who stops the closeout wins. The objective Project gathering of people will incorporate :

- Sellers

little and medium middle people/makers who can't stand to hold up under the expenses of sorting out and keeping up online deals. Further, the commercial center will be helpful for organizations wishing to possess a specialty among clients with a constrained pay level as the intended interest group of announcement sheets, joint buys

- Buyers

Individuals with normal and beneath normal pay consolidating a worthy utilization level and constrained money related assets. The group of onlookers prepared for tedious expenses in return for the alternative of getting an agreeable value offer.

Stock parity is inaccessible to the Buyer, each parcel (thing) might be the last one. Purchaser can set any value an incentive at which the System ought to inform the Buyer. This data is accessible to the Seller and gives a chance to conjecture request at various value levels.

WinBix Airdrop and Bounty

WinBix flies a total of 2,500,000 WBX tokens to members of their community. Create an account in WinBix and complete some easy social tasks to get bets. Also get more bets for each referral successfully invited. To participate in Airdrop and Bounty WinBix, please follow the guidelines below.

Step-by-Step Guide:
Visit the Winbix website : sales system
Click "Personal account" and register.
Verify your email and sign in.
Open the "Airdrop" tab from your dashboard.
Now complete some easy social assignments to get bets.
New assignments will be added every week.
Refer your friends to get 10% of the bets obtained from your reference.
Be sure to send your ETH address to your profile.
The token will be distributed proportionally from the total airdrop value depending on your bet after the ICO.

Roadmap

Time interim at the cost decrease is set by the Seller for each thing. There is a built up direct connection between's the Seller's deal costs and the nature of gave administrations. Chance to make citations for Sellers and, whenever affirmed, to buy items at the ideal cost and settlement of question by mediation including Sellers, Buyers and the System.

The team works as per the Roadmap and is supported month to month as indicated by the spending diagram. On the off chance that a financial specialist dislikes the manner in which the venture's group is working, they can leave the undertaking ex parte 45 days after the finish of the PreDAICO (90 days after the finish of DAICO). Cash are discounted from the brilliant contract in extent to the measure of tokens being returned and the rest of the equalization in the savvy contract, figuring in the discount coefficient. You can peruse progressively about our discount strategy in the Whitepaper.

Team