Olesya Nikonova ICO team member replied on 15 May 2019

Dear Warren, thank you for taking the time to evaluate our project. In your conclusion there are a number of questions that we would like to answer:

1. Unfortunately, the ICO bench interface did not allow us to place more than one video so you could not get acquainted with the video about the problem that the project solves https://www.youtube.com/watch?v=zwQENDSsmXE and video describing the algorithm of the site https://www.youtube.com/watch?v=n46BvBh2RRQ

2. We would like to pay your attention that we are already developing the site, the results can be found here: https://demo.winbix.com/

3. What is about cryptocurrency, yes, we recognize that we use the emission of tokens as a tool for attracting funds, but we draw your attention to the fact that we conduct the DA ICO procedure through the smart contracts that ensure the fulfilment of the following conditions:

- WBX tokens are allocated from the contract only in exchange for Ethereum,

- upon completion of PreDAICO, 10% of the tokens sold are allocated for the reward of Airdrop/Bounty participants

- untapped and unallocated tokens are destroyed

- the funds are not allocated to the project team

- the funds are managed by the Ethereum smart contract and allocated to the team in parts - 1 time in 30 days

- after 45 days, the investor has an unconditional and sole right to return the tokens to the project and receive his share of the balance in Ethereum

In our opinion, the use of DA ICO WINBIX smart contracts allows achieving two main goals:

- investor risks are reduced to the level of 2% - the size of the initial TAP, after which, if the team allows inappropriate spending, any investor could simply return WBX tokens to the PreDAICO smart contract to get his money,

- high motivation of the team to achieve a result at each stage of the allocation and expenditure of funds (please see the paragraph above).

The code of our smart contracts is open, it can be found on GitHub via the link https://github.com/winbix/smartcontracts, and on https://etherscan.io at the addresses of smart contracts. All our smart contracts are verified, the code is available for viewing directly on https://etherscan.io.

We would like to express our gratitude for the evaluation of the project, and we hope that our arguments will seem convincing to you.

Best regards, the team of WINBIX