Please, help us get better.
x
WeGen logo
Website

WeGen

ICO

WeGen is a blockchain-based product authentication compensation platform.

IMPORTANT: By investing in this business you agree to our Disclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Active radiologex Banner Ads 1

Overview

Project industryIdentity & Reputation
Product typePlatform
FoundedVirgin Islands (British)

What is WeGen

SUMMARY

The WeGen (World Ecosystem for Genuine Products) Platform is the world's first anticounterfeit system using a unique 3D label technology tied to an immutable blockchain. (See Appendix I for patent details covering the advanced 3D label technology). We seek to create a culture for the global supply chain ecosystem where manufacturers, distributors and consumers are able to effectively respond to the counterfeit industry while being rewarded for doing so.

This is made possible by the WeGen Platform, which combines our proprietary 3D security labeling technology (G-MOV) with blockchain principles to create an ecosystem that protects its participants and deters counterfeiters.

While existing anti-counterfeit products can still be copied, including those from established competitors DeLaRue and Dupont, the WeGen Platform cannot. G-MOVs alone offer measurably superior security at lower costs than its competitors, such as NFC chips, QR codes or RFIDs and lower the entry of barrier for low-margin producers.

The WeGen mobile app (WeGen Check) connects natively to our platform and rewards anyone who checks if a product is genuine. A tap of your smartphone lets you scan our affixed G-MOV label on a product to reveal its provenance and rewards the user with WeGen coins for helping the fight against counterfeits.

The WeGen Platform is greater than a product authentication service. Its blockchaincomponent enables functional and monetary motivation for manufacturers, producers, and retailers through aiding inventory management, theft prevention, and product analytics while incentivizing consumers away from participating in the counterfeit market.

For the first time in history, consumers can earn money from items bought through the WeGen Platform, while simultaneously protecting the entire ecosystem from counterfeiters.

MISSION

WeGen wants to restore consumer confidence and allow for brands to interact with their customers in the most direct way possible. Together, we can improve consumer culture where manufacturers, distributors, and consumers can freely engage in commerce in an ecosystem based on trust.

Many recent ICO projects are solely based on ideas and often lack services or products associated with the project. The WeGen Platform is different. G-MOV is a working product in North American and Asian markets, WeGen Coins and its supporting blockchain testnet is complete, WeGen Check is in beta testing, and our native WeGen mall and decentralized exchange is scheduled for 2019. Join us as we advance our company to build a global solution against the multi-trillion dollar counterfeit market.

Details

Pre-sales: Sep 01, 2018 - Oct 20, 2018
Public sales: Nov 01, 2018 - Dec 08, 2018
Token supply: 15,000,000,000 WGC
Total tokens for sale: 4,500,000,000 WGC
Soft cap: 15,000,000 USD
Hard cap: 30,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Virgin Islands (British)

Token info

Ticker: WGC
Type: Utility-token
Token price in USD: 1 WGC = 0.014 USD
Accepted currencies: ETH
Bonus program:
Pre-ICO - 10%
ICO 1st sale (Nov. 1-9) - 7%
ICO 2nd sale (Nov. 10-19) - 6%
ICO 3rd sale (Nov. 20-30) - 5%
Funds allocation:
60% - Development
15% - Advertising & PR
12% - Miscellaneous & Emergency Fund
11% - Management & Operation
2% - Legal & Licensing

WeGen Roadmap

1
2014 ~ 2017
  • GoldMaxGroup established as an advanced anti-counterfeit security technology developer
  • G-MOV 3D label technology ready for sale
  • Prototype WeGen Platform developed
  • First G-MOV label sold in Korea
2
2018 Q1

WeGen Check mobile app development begins

  • WeGen wallet and website developed
  • WeGen whitepaper started
  • Started developing WeGen communities
3
2018 Q2
  • FIR-Gmov Ltd. established as a blockchain developer
  • G-MOV and WeGen Platform integration begins
  • Applied for Regulation D of the US Securities and Exchange Act for WeGen's ICO
  • Contracted US ICO consultant (International Blockchain Consulting)
4
2018 Q3
  • G-MOV and WeGen Platform integrated
  • Secured G-MOV MOU with FoodRoad (Starbucks supplier)
5
2018 Q4
  • WeGen Check mobile app completed
  • Completed WeGen Platform Whitepaper v2.1
  • WeGen Platform native online mall development begins
  • WeGen coin Pre-sale and ICO
6
2019 Q1
  • Start integrating big data tools for manufacturers and distributors
  • Start developing 3D advertising solution for advertisers
  • Start securing cryptocurrency exchange listings
7
2019 Q2
  • Start G-MOV stamping technology development
  • WeGen Platform mall developed
  • WeGen Platform P2P encrypted brokerage exchanges developed
  • Start introducing G-MOV labels to Southeast Asia
  • Start partnering with existing on/offline vendors internationally
8
2019 Q3
  • Start developing overseas P2P encrypted brokerage exchange
  • Upgrade G-MOV to enable dual QR code integration
  • Start expanding in Southeast Asia; introduce WeGen Platform
9
2019 Q4
  • Planned partnerships with 3D label manufacturers in ten countries begins
  • Start developing WeGen payment solution
  • Start collaborating with related start-ups and incubators internationally
10
2020 Q1
  • Start employing big data and A.I. to optimize WeGen Platform
  • Start expanding G-MOV labels in North America
11
2020 Q2
  • WeGen payment system due
  • Continue expanding in North America; introduce WeGen Platform
12
2020 Q3
  • Start investing to create robust customer and technical support team
  • Introduce G-MOV labels to the European Union
13
2020 Q4
  • Start developing more partnerships with international 3D label manufacturers
  • Start commercializing G-MOV stamping process
  • Continue expanding in the European Union; introduce WeGen Platform

Project team

SungJae Cho
SungJae Cho
CEO
Gunjong Kim
Gunjong Kim
CTO
Bumsoo Lee
Bumsoo Lee
Research Director
Yongtaek Lee
Yongtaek Lee
Global Sales Director
Jack Euihwan Jung
Jack Euihwan Jung
CEO, CryptoGoldMaxA Inc.
Tom Lash
Tom Lash
VP, CryptoGoldMaxA Inc.

Advisors

Sean Kim
Sean Kim
Advisor
Charles Cheolhyeong Jo
Charles Cheolhyeong Jo
Advisor
Brad O'Hara
Brad O'Hara
Advisor
Raghuram Bala
Raghuram Bala
Advisor

Social media

WeGen web-siteWeGen RedditWeGen MediumWeGenYouTubeWeGen TelegramWeGen LinkedInWeGen TwitterWeGen Facebook

User rating:

5/5 ( 1 )
0

How To get a verified Project status

To pass the verification you need to place our logo on the main page of your website and make an announcement of the listing in your social network accounts. Send us the email in reply with confirmation of the link placement.

Horizontal
Square
Light
Dark
Height: 50 px
Width: 160 px

Leave a Reply

Your email address will not be published. Required fields are marked *

Top-Rated Crypto Projects