Website

W Green Pay (WGP)

ICO

Last updated: Jul 24, 2018

W Green Pay (“WGP”) is an ERC20-compliant token that operates on the Ethereum blockchain. The aim of W Green Pay is to increase the public’s participation in GHG (Greenhouse Gas) reduction.

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Overview

Product type	App
Whitepaper	Open

Bounty program

What is W Green Pay

W Green Pay (WGP), a blockchain rewarding individuals Greenhouse Gas (GHG) reduction efforts. WGP is the reward method for HOOXI app of W-Foundation (nonprofit international organization)'s HOOXI, Korea's government-backed GHG reduction campaign. HOOXI app will sustain its business by trading its carbon emission units based on the aggregated GHG reduction data in the Korea's KETS (Korea's Emissions Trading Scheme) market. Systemically embedded demand for WGP supports its market liquidity and value.

Details

Pre-sales: May 14, 2018 - May 25, 2018
Public sales: Oct 01, 2018 - Oct 02, 2018
Token supply: 200,000,000
Soft cap: 25,000,000USD (fiat)
Hard cap: 25,000,000 USD(fiat)

Legal

Registration country: Singapore

Token info

Ticker: WGP
Type: Utility-token
Token price in USD: 1 WGP = 2 USD
Accepted currencies: BTC ETH USD XLM
Token distribution:
Of the total 1 billion WGP, only 200 million WGP (20%) will be open for private and public sale, and 800 million (80%) WGP will remain without sale at this ICO event.
The use of the 800million unsold WGP is as following:
- 200 million (20%): held by the WGP issuer (lock-up for period of six (6) months from the end of public sale)
- 200 million (20%): allocated to HOOXI App to provide as reward to HOOXI Campaign participants
- 400 million (40%): reserved for future sale (lock-up for period of six (6) months from the end of public sale)
Funds allocation:
40% - HOOXI Campaign
30% - Marketing & Communication Efforts
20% - Application Version Upgrades and Maintenance
10% - Operating Expenses

W Green Pay Roadmap

DEC 2017

HOOXI Campaign Declaration

APR 2018

HOOXI Campaign Committee Inauguration
W Green Pay Certification in Singapore

MAY - SEP, 2018

W Green Pay Private Sale

JULY 27-29, 2018

HOOXI Camping Festival

OCT 1-14, 2018

W Green Pay Public Sale

OCT 4, 2018

HOOXI App Launch

OCT 10-12, 2018

Korea Carbon Forum (PyeongChang Forum)

NOV 2-4, 2018

HOOXI App Launching Festival

MAR 2019

W Exchange Launch

Project team

Wook Lee

Chairman + Founder and Chairman of W-Foundation + Philanthropist, and entrepreneur

Youree Lee PH.D.

CEO + Co-Founder and CEO of W-Foundation, W-HY R&D, Hooxi Research Institute, and COO of Hooxi Foundation (USA)

Keon Ho Shim

CFO + Financial Adviser + 23 years’ experience in banking, consulting, and new business development at Bank of America Merrill Lynch, Citi, Oliver Wyman, and Samsung Corporation.

Chen Shun Teng

Business Adviser (Group Strategy & Corporate Affairs Manager at WWRC Holding Pte. Ltd. “WWRC Group”)

Christopher Low

CTO + Technology Adviser (Managing Partner and Executive Chairman at Novum Capital)

Irwin Chee

Crypto Adviser

Jeremy Khoo

Business Development Adviser + Group CEO iFashion Group + Vice President MC Payment

Bruno Wu

Director of Strategy + Founder, Co-Chairman and CEO of Sun Seven Stars Entertainment & Media Group Limited + Major shareholder of DBOT, The Delaware Board of Trade Holdings Inc.