WaBi (蛙币) is a loyalty program token backed by a demand for safe products in Asia and worldwide. Supported by usage of Walimai RFID anti-counterfeiting labels.
ICO starts 28 November 2017 here | KYC registration starts 28 October 2017 here
46,000,000 tokens for sale | USD 0.25 per token
Co-founder demonstrating the technology to the prime ministers of China and Russia
The project aims to build a safe channel for consumer products in Asia and globally. It integrates within all existing retail channels and offers banking-level protection for the consumer product categories most prone to counterfeiting: baby food, cosmetics, alcohol, pharmaceuticals.
"It combines blockchain technology with an asset-light physical medium - specialized RFID anti-counterfeiting labels. "
Safe, asset-light, and scalable, this new retail model enables consumers to purchase authentic products through existing retail channels. These channels are currently unable to ensure 100% authenticity.
Watch how the technology works:
"This new retail model has been in operation since December 2016 and has expanded from online to offline in 10 months."
Buyers of baby food in China are excited about the model: Hear what they say:
The model enables customers to buy infant formula from JD.com (the second biggest e-tailer platform in China), or order the formula at dedicated Walimai stands (with touchscreen tablets) in baby stores. Consumers can purchase with confidence as every single item is protected by the tamper-proof label based on RFID and dynamic codes with banking-level security.
Some team members with Walimai stand in one of the partner baby stores in China
Moreover, the WaBi loyalty program will reward the consumers of the safe-channel for purchasing products protected by anti-counterfeit labels, as well as scanning of these labels to increase the security of the system.
Learn more at https://www.wacoin.io.
Or join WaBi Telegram group to ask questions directly: https://t.me/wabi_ico.