Тhe 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 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.
The WINBIX Pre-ICO began on April 24, 2019, and will end on June 22, 2019, with a starting price of 0.00055 ETH. The WINBIX ICO will begin on July 1, 2020. The ICO token supply represents 100% of the total token supply, so there is a total of 182,500,000 WBX tokens available (including Pre-ICO), for 0.0013 ETH. The ICO funding target is 31,250,000 WBX, the funding cap is 125,000,000 WBX and is expected to end on September 28, 2020, or when the funding cap is reached. Any unsold/remaining tokens will be destroyed.