Crypto Wine Exchange (CWEX) - The Future of Decentralized Fine Wine Trading
The Crypto Wine Exchange (CWEX) project is a blockchain based "fine wine" trading platform which connects cryptocurrency holders to the fine wine market without involving complications from regulations and bonded storage.
It is aimed to invest in one of the most unique asset class "fine wine", which has been traditionally considered as a low risk, stable investment. Trends show that one of the most desirable asset class providing significant ROI is "collectible wines". The global wine market is expected to reach $ 402 billion in 2022 from $ 290 billion in 2016.
The CWEX project is launched by WEX Limited, registered in Hong Kong with CIN # 2703922 in partnership with DotChain Gmbh, registered in Switzerland with CH # 660.1.870.018-7.
The CWEX project is aimed to solve the current challenges affecting the fine wine trading industry and the cryptocurrency market, by providing proprietary solutions. It will enhance trading options in the fine wine market and acting as a meeting point for fine wine traders and cryptocurrency owners. The CWEX team has designed the platform to solve the current trading issues, such as: -
- Heavy taxes and duties along with legal regulations imposed by governments across the world
- Limited trading opportunities
- Lack of accessibility to wider market
- Inability to access current market by all stakeholders
Further, trading on the CWEX platform will be anonymous and reliable due to deployment of decentralized blockchain setup.
ICO REVIEWS
The CWEX project has received extraordinary ratings from reputed ICO tracking websites.
https://www.trackico.io/ico/cryprowine-exchange/ [Rating 5.0/5] [ICO Verified]
https://base.info/ico/cryprowine-exchange [Rating 5.0/5]
https://icobench.com/ico/cwex [Rating 5.0/5] [Benchy ICO Profile Rating]
SOCIAL MEDIA STATS [As of 24th Nov '18]
Telegram - around 4,100 users
Twitter - around 340 followers
ICO DETAILS
- Symbol - CWEX
- No. of Tokens Available for Sale - 55.18 million CWEX (62% of the total token supply)
- Soft Cap - US $ 1,000,000
- Hard Cap -US $ 10,000,000
- Payment Method - BTC, ETH, LTC, EOS, NEO, ZEC, XMR, USDT
- Token Standard - EOS
- KYC Required - No [Only Whitelist]
- Restricted Countries - USA, China, Singapore
The supply of CWEX tokens is fixed at 89 million tokens. All the unsold tokens will be burned.
Pre ICO Stage
Start Date - 15th Dec '18 ||| End Date - 9th Jan '19
Token Launch Price - 1 CWEX = $ 0.16
ICO Stage
Start Date - 10th Jan '19 ||| End Date - 21st Mar '18
Token Launch Price - 1 CWEX = $ 0.20
CWEX TEAM
The CWEX project is conceptualized by a team of experts possessing wide range of professional experience in the fields of food and beverage management, hospitality management, blockchain technology development, brand management and digital (internet) marketing, advertising and marketing, business development and product management, information technology management and software development, etc.
The CWEX project is primarily led by its founders Manuel Jacob Kallupurackal (CEO and Co-founder), Maxim Andersen (Co-Founder and Blockchain Expert), Thomas Tsang (Co-Founder and Product Manager), Nadir Zemrani (Co-Founder and Finance Manager) and Stephen Gonah (Co-Founder and Compliance Expert).
For more information on the CWEX team and advisors, please refer the following project website link: -
https://cwinex.io/#team
CWEX PROJECT' ROADMAP
Roadmap Continued
CONCLUSION
Thus, the Crypto Wine Exchange (CWEX) project is one of the most brilliant projects conceptualized and targeted to introduce one of the most unique asset class i.e. "Fine Wine" with the "Blockchain Technology". Fine Wine has been traditionally considered as a low risk, stable investment option.
It will solve the current challenges affecting the fine wine trading industry by providing a platform for wine traders which will be anonymous and reliable backed by deployment of a decentralized blockchain system, while connecting cryptocurrency holders to the fine wine market without complications from regulations and bonded storage.
For more information on the CWEX project, please refer the following links: -
Website: https://cwinex.io/
Whitepaper: https://cwinex.io/CWEX-Whitepaper.pdf
Twitter: https://twitter.com/CwexWine
Facebook: https://www.facebook.com/cwexio
Telegram: https://t.me/cwexio
LinkedIn: https://www.linkedin.com/company/cwexio
Reddit: https://www.reddit.com/r/CWEX
Published by 'Sameer S'
BTalk Profile URL: - https://bitcointalk.org/index.php?action=profile;u=1978491
Telegram ID: - @Sameer_GR
Disclaimer: - Kindly conduct your due diligence before making your decision on this project from the investment and legal perspective.