JULY 13, 2017 - PRAGUE, Czech Republic - W3C Gateway SE, an emerging financial services provider, is pleased to announce today’s launch of a crowd sale of its flagship W3Coin digital currency.
W3C, which is creating 200 billion digital coins, may raise as much as $25 million through the sale of 2.5 percent of the coins at half a U.S. cent each, said Chief Executive Officer Juri Vasselli. Three-quarters of W3C’s coin inventory will eventually be available for sale to the public, he said. The initial coin offering’s first tranche will run for the next 45 days at www.w3coin.io.
The company plans to incentivize sales representatives in the developing world to encourage retailers to accept the digital coin and earn an ongoing share of retailers’ transactions that involve the coin.
“W3C was started by a group of entrepreneurs and investors who wanted to use the cryptocurrency model to create a unique global opportunity, providing those around the world with little or no access to banking services an alternative to cash and banks,” Vasselli said.
W3C plans to offer a W3Coin Wallet, a peer-to-peer exchange, secure and private transactions, merchant services and loyalty rewards along with a unique independent marketing partner program that allows individuals and small businesses to earn W3Coin income by participating in the development of the W3C merchant network.
W3C was developed on the Ethereum blockchain platform.
W3C provides businesses and individuals with a fast, simple and secure way to transfer money online. The suite of W3C services includes a digital wallet, a peer-to-peer exchange, secure and private transaction capability, merchant services and loyalty rewards.
For more information and to join the crowdsale, please visit www.w3coin.io