Market Performance
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Market Performance
Info updated 1 year ago
Project Introduction
With growth of the ecosystem the circulating supply is reduced since for every point issued to consumers one WABI get taken out of the circulation. As of 16 November 2020, over 3,000,000 WABI have been locked out of circulation with growth of the WABI ecosystem. You can track the daily stats at www.wabi.io
Performance
*All info & data are for reference only, not investment advice!
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Circulating Market Cap--
Circulating Supply100M WABI
Supply100M WABI
Release Time--
Issue Price$0.25(0 Multiple)
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WABI
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Project Data
Timeline
2018-12 | TechnologyOpen up sales in some of the following regions (South East Asia, Latin America, Europe)Walimai labels for pharmaceutical productsSales NetworkSales of Walimai products in at least 100 cities, 1000 stores | |
2018-9 | Business DevelopmentIntegrate WaBi into other loyalty/payment solutionsBrand PortfolioExtend total portfolio of Walimai protected products to at least 200 SKUs (including baby products, cosmetics, and alcohol)TechnologyProduce the digital touch shelvesSales NetworkLaunch the P2P (person-to-person) sales platform in several provinces | |
2018-6 | Brand PortfolioStart sales of alcohol products protected by Walimai labelsTechnologyLaunch Walimai MasternodesLaunch mobile APPs v3Finalize Walimai label v4 (new feature: proof of consumption)Sales NetworkPartner with at least 1 influencer with 1 million followers in ChinaExpand the baby store Walimai shelves to 3 additional provincesTechnologyDigital touch shelves are production-ready | |
2018-4 | Business DevelopmentInitiate discussions with Fortune 500 companies in the food, alcohol, and pharmaceutical industries [Negotiations already in-progress with 2 out of 3 industries as of 01/20/2018]Brand PortfolioGrow our product portfolio to a minimum of 50 SKUs and expand across new product categoriesSales NetworkPartner with industry-appropriate Chinese influencers with substantial online followings (circa 50.000 followers)TechnologyDesign the digital touch shelvesThought Leadership and PRRedesign and update the websites Walimai.com and Wacoin.ioLaunch official communication in alternative languages (Chinese) | |
2017-12 | Expansion of the number of baby shops selling Walimai protected products. Initiate sales of alcohol products secured with Walimai labels. | |
2017-10月-12月 | Activating sales of Walimai protected products through WaBi. Consumers use WaBi to purchase products. | |
2017-8月-9月 | First sales at physical baby stores. | |
2017-8 | PreICO completed, reaching 100% of its goal. First preWaBi tokens are generated.蛙 (wa) - frog 币 (bi) - money, currency | |
2017-4 | Walimai signs contracts with 3 physical baby stores to set up a dedicated 'Walimai shelf' at their locations. | |
2016-11 | Walimai opens an online shop on JD.com. Customer feedback is highly positive with consumers willing to pay a 20% premium price for the assurance of safety. Our shop on JD.com (京东) | |
2016-6 | iOS, Android APPs launched, new version of RFID/NFC labels developed. | |
2015-11 | Walimai wins an innovation grant from Jiaxing city's municipal government and is incorporated in Zhejiang province, China. | |
2014-12-2015-8 | Walimai engages top producers of baby food and alcohol with its anti-counterfeit technology and service. | |
2014-11 | Walimai is selected as one of the most innovative companies at the Open Innovations Forum in Moscow. Walimai’s anti-counterfeit technology is presented to the prime ministers of China and Russia: Li Keqiang and Dmitry Medvedev. | |
2014-8 | MVP of the Walimai technology is developed. | |
2014-4 | Walimai founders engage in a strategic turn-around project for a global top-5 infant formula producer from April 2014 until January 2015. | |
20914-2 | Official start of business operations in the city of Hangzhou, China. Founders celebrate the official setup of the company and ironically get poisoned by fake whiskey. Video shows how fake alcohol (beer) is made in China. | |
2013-11 | Walimai (蛙力买) is chosen as the name. Wa (蛙) - frog Li (力) - force Mai (买) - buy | |
2013-9 | RFID/NFC is chosen as the base technology for our future solution. This allowed us to build a solution that was secure, convenient and consumer friendly. | |
2012-8 | First discussion about counterfeit products in China between the founders. | |
2012 | Value of imported fake goods worldwide reported to be 461 billion USD.OECD | |
2008 | Infant formula scandal. 6 infants killed and 54.000 hospitalised in China. Reported 300.000 victims in total. 2008 Chinese Milk Scandal |
Team Info
| Name | Position |
|---|---|
| Alex Busarov | CEO |
| Yaz Belinskiy | Co-founder |
| Kitty Xu | Marketing Director |
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