$Wabi / $BTC , looking good , on watch list.

Wabi / BTC , looking good , on watch list.

Description: WaBi is an Ethereum-based platform supporting Walimai's anti-counterfeit system. The Walimai anti-counterfeit labels link digital and physical assets through RFID Radio-frequency identification with anti-copy functionality. Consumers can authenticate the product through their phone app and are able to purchase products protected by Walimai technology with WABI. User are also rewarded with WABI tokens for for using the Walimai safe channel. WABI is an Ethereum-based ERC 20 token used in the Walimai safe channel.

Circulating Supply: 52,478,516
Total Supply: 100,000,000
Registered Country: Singapore

Team Members
Co-founder: Yaz Belinskiy
Sales Project Manager: Chi-Tung ‘Duomo’ Pan
IT lead: ARTHUR PINCHUK
Blockchain lead: DMITRY KORZHIK
Community Manager, Copywriter: Wouter ‘Walt’ de Hoogd
Customer Support Manager: Ju Fang
Project Manager: Danjie Hu
Mobile lead / Blockchain Architect: Roman Tronenko
Adviser: Mario F. Pazos
Adviser: Igor Livant
Adviser: Long Chiu
Co-founder, CEO: Alexander Busarov
Adviser: Bruno Mercier
Adviser: Mark Zavadskiy

Upcoming News & Events
Title: Walimai Labels
Date: 31 December 2018 (or earlier)
Description: Walimai labels for pharmaceutical products.

Title: Open up Sales
Date: 31 December 2018 (or earlier)
Description: Open up sales in some of the following regions - South East Asia, Latin America, Europe.

Title: Rebranding
Date: 31 December 2018 (or earlier)
Description: WaBi rebranding in Q4 2018.

WABI Scoring
Overall Score: 61.85%
Open communication channels: 100%
Team strength: 86%
Product strength: 76%
Coin strength: 66%
Brand awareness/Buzz: 80%
Advisory board strength: 100%
Activity on social media: 95%

Quick Research
Purpose: 461 billion USD of imported fake goods in circulation globally.
• Regular authenticity and food safety scandals in China and fake pharmaceuticals in play around the world.
• Blockchain unable to solve the problem without a link
between digital and physical assets.
• Linking digital and physical assets through RFID labels with anti-copy functionality. Consumers can authenticate the product through their phone.
Selling consumer products (baby food, cosmetics, alcohol, pharmaceuticals, etc.) protected by our technology to consumers.
• WaBi Project - a blockchain-based loyalty programme to encourage and reward purchases in the Walimai safe channel, and to establish collective security through individual action.

Product Status: Fully working product
Consensus Method: Ethereum consensus (currently proof of work, will be proof of stake later on)
Emission rate: No new tokens created
TXN'p/s: 0

Abstract:
WaBi is the World's first crypto coin that engages consumers to combat counterfeits. WaBi is backed by a real demand for safe products. The WaBi loyalty program will be built on top of the Walimai safe channel for consumer products, which is supported by Walimai’s secure anti-counterfeit technology. Buyers of baby food, alcohol, and other products can mine WaBi by scanning products protected with Walimai's RFID-based anti-counterfeit labels with a special APP (available for free download from iOS and Android APP stores). This process verifies product authenticity of individual products prior to purchase, and also ensures collective security of all users: each scan renews the data held in RFID labels as well as the backend system data, thus supporting the system-wide security level. WaBi ICO is first of its kind to adopt a custom-made interactive bidding system to attract those who intend to support WaBi for the long term. This way everyone gets a chance to claim coins at their desired price, which discourages speculators and guarantees that initial token holders understand WaBi's long-term focus.

Investment data
Listed on 3 exchanges
CoinMarketCap Rank: 308
Market Cap: $20 M
24H Volume: $238 K
Coin Age: 6 months