Wolfs Group OÜ Announces Launch of IEO on Coinsbit
Wolfs Group OÜ, a European consulting company in Estonia specializing in various strategic industrial investments, announced the launch of its IEO (Initial Exchange Offering). The first two rounds of the IEO will be held on the Coinsbit crypto asset exchange , 11-17 January 2020.
About Wolfs Group OÜ
Wolfs Group OÜ is not a startup , but an established group of companies listed on the stock market and licensed by local regulators in Estonia. Unlike other blockchain projects, Wolfs Group has long been active in the market since the 1980s, using a mixed investment model, which specializes in private capital and venture capital.
Estonia is also known to guarantee legal transparency for investors, financial security and access to global investment markets. Estonia also does not limit investment in crypto assets in any way, which, coupled with the law is more friendly than other countries.
Specifically with regard to taxes it is also known to be low, including operating costs. That's why Estonia is known as an ideal place to carry out transactions of crypto assets at any scale.
WLF Tokens
The Wolfs Group OÜ investment portfolio includes many companies that have long been out of their initial phases and are fully operating in the market serving consumers. The three main areas of Wolfs Group business are real estate (run by Wolfs Development), new technology (Wolfs FPE) and fintech (Ferpay Ltd.).
"The capital that will be raised in the first phase of IEO will be used by Ferpay, where the main product is the exchange of crypto assets, cellular applications and money transfer services. Ferpay already has its own product and is the owner of an international FCA license for payment processing throughout the world, "Coinsbit said in a press statement.
WLF tokens, using the ERC-20 standard, act as a means of investing in the company. WLF gives its holders access to company services and gives them the right to receive a share of Wolfs Group income, according to the funds invested.
As an intangible product, tokens are subject to price fluctuations like other crypto assets. Initially, tokens can be purchased at Coinsbit, where IEO will be held. However, over time, tokens can migrate to several other exchanges.
IEO Wolfs Group will be held in 5 stages (read more in whitepaper ). Phase I, 11 January 2020, the planned softcap is valued at US $ 2 million and the hardcap of US $ 10 million. Round II, January 17, 2020 with the same softcap and hardcap . The price of the token unit in both stages is US $ 0.25 with an allocation of 20 million token units for each round. The minimum purchase amount is US $ 10 = 40 WLF. In total, 150 million tokens will be issued.
About Coinsbit
Coinsbit is one of the largest crypto asset exchanges in the world, ranked 3rd in the world according to Coinmarcetcap. Founded in 2018, Coinsbit takes into account all the positive and negative experiences of its predecessors, and then successfully introduces truly innovative products to the world community. Every second Coinsbit is able to handle buying and selling up to 10 transactions per second and supports 12 languages of instruction.
Coinsbit services have been integrated with 200 thousand POS terminals in South Korea, Vietnam, China and India. During the active referral program, 1.2 million people registered with Coinsbit, many of whom were from Vietnam.
Coinsbit is one of the most reliable and secure exchanges, because 95 percent of user funds are held in cold wallets .
ACCURATE INFORMATION
- Website: https://wolfs.group/
- White paper : https://wolfs.group/wp-content/uploads/2020/01/Whitepaper-Wolfs-Group-OU_EN.pdf
- Telegram: https://t.me/wolfsgroup
- Twitter: https://twitter.com/GroupWolfs
- Facebook : https://www.facebook.com/wolfsofficial/
AUTHOR
Bitcointalk Username: Ris88
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=742331
Ethereum Wallet Address: 0x2CF4F93348116B2Ce67Ecb7A9eA57E10Bf0f81A2