WTX Hub creates an entire blockchain based eco-system for the alcoholic beverage industry with a purely peer to peer alcoholic beverage exchange that facilitates online exchange of goods and services from one party to another without having to go through a third party. WTXH, shall facilitate transactions, act as a quantifiable means of exchange and accurately define the criterion of the required exchange of items. The WTX Hub project Retail and Distribution software can process sales and payments in bars, restaurants, hotels and retailers, and also for Importers, Distributors and Wholesalers.
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What is WTX Hub
In the 19th century it was commonplace for Whisky Tokens to be produced and then taken to hostelries, pubs and saloons to be traded in exchange for a shot or a nip of whisky. We have taken that tradition and merged it with the current day principals of cryptocurrency to create the cryptocurrency, WTX Hub Token (WTXH), the cryptocurrency for the Alcoholic Beverage industry.
We intend to use WTX Hub Token (WTXH) to facilitate the B2B and B2C Trading exchange of goods and services using the blockchain as the key element in this process.
An important element is that cryptocurrencies and digital tokens are a vital innovation. Among many functionalities, they enable near-instantaneous value trading exchange globally and implementation of smart contracts: self-executing contractual states, which nobody controls and therefore everyone can trust. This is the blockchain mechanism that under pins our Trading Hub.
The annual global alcoholic beverage market is expected to reach in excess of US$1.5 trillion by 2022 with the worldwide annual whisky market alone reaching in excess of US$7 billion by that date. As an industry the alcoholic beverage business has seen a substantial transformation over the past 10 yrs. with significant consolidation happening within the major manufacturers, but also with a substantial wave of new producers in the craft spirit and beer sectors, this innovation has happened on a worldwide basis bringing huge diversity and many thousands of new products to the marketplace.
Yet despite these changes the cryptocurrency revolution has barely made any impression on the alcoholic beverage market and the structure of the B2B and B2C distribution systems and networks, in particular for the B2B market, have barely changed in the past 50 yrs.
Hence we propose a purely peer to peer alcoholic beverage trading exchange that would allow an online trading exchange of goods and services from one party to another without having to go through a third party. Also we propose a cryptocurrency, WTX Hub Token (WTXH), which can facilitate these transactions, act as a quantifiable means of trading exchange and assist to accurately define the criterion of the required trading exchange of items.
DetailsPre-sales: Nov 12, 2018 - Jan 06, 2019
Public sales: Jan 07, 2019 - Mar 18, 2019
Total tokens for sale: 200,000,000 WTXH
Hard cap: 40,000,000 USD
LegalBlockchain Platform: Ethereum
Token infoTicker: WTXH
Token price in USD: 1 WTXH = 0.2 USD
Pre-Sale From Nov 12 - Nov 26, 2018 Up to 30% bonus
02st Pre-Sale From Nov 27 - Dec 10, 2018 Up to 27.5 % bonus
03st Pre-Sale From 11 Dec - Dec 24, 2018 Up to 25%
04st Pre-Sale Dec 25 - Jan 7, 2019 Up to 20%
50% Initial Token Sale
30% community initiatives, business development, research, education and market expansion
20% founders, early backers and the development team for a long term alignment of interests
38 % Building & Integration
35 % Marketing & Sales
12 % Multi-platform Support
11 % Administration & Operation
4 % Legal
WTX Hub Roadmap
Marketing Testing & Concept Proof
Launch of WTX pre-sale
Launch of WTX sale
Close of WTX sale
First Clients onboard
Expansion in US, Europe and Asia