BitWings (BWN) Initial Exchange Offering

Our Analysis

Team: 8.7

Feasibility: 9

Product: 9

Overall Rating: 8.9

Ends November 30, 2019

January 2, 2019 - November 30, 2019

Sale Type: IEO

IEO Exchange: Exmarkets Launchpad

Name: BitWings

Short Description: The cryptocurrency of a secure, crypto-mining smartphone

Category: Communication

Ticker: $BWN

Total Token Supply: 300,000,000

Website: https://bitwings.org/

Whitepaper: https://bitwings.org/file/white-paper-2019-en.pdf

Tokens Available: 63%

Notes: Soft Cap: 30,000,00 BWN, Hard Cap: 189,000,000 BWN

  • Project came about as response to user demand survey
  • Most technology is largely operational or in final development stages
  • Wings Mobile is a successful mobile network operator that has produced electronic products since 2017
  • Executive team has demonstrated mastery in telecom, cyber security and blockchain fields

BitWings (BWN) is the token of the Wings Mobile ecosystem, which provides secure, crypto-mining smartphones for users.

The mission of Wings Mobile is to create devices that are completely secure and on which users can communicate through voice and text and easily exchange digital currencies. Wings aims to also create smartphones that provide 100% privacy for users, with a more attractive price tag than iPhones and other popular, but expensive, smartphones.

BitWings is set up for success as it adds a blockchain-based ecosystem to an existing, operational network.

Wings WX Smartphone — The Minephone

Wings Mobile's blockchain phone is a neural hybrid phone (VoIP/GSM/NeuralChip). View the company's white paper for additional phone specifications. 

Team has demonstrated mastery in areas of telecom and blockchain

Wings Mobile and BitWings CEO Antonio Milio has executive experience in telecom companies dating back nearly two decades. Milio was previously CEO at Holaphone, the biggest prepaid phone card provider in Spain.

The company, meanwhile, has already shown that it can build a state-of-the-art smartphone. Wings Mobile competed in the wholesale B2B market from 2007 until 2016, offering services to main telecom operators. In 2017, Wings entered the retail market, distributing products and services directly to end customers. The company won the Alci Award in 2017 for "Best Technological Design" for its phone.

Some of Wings Mobile's products are already on the market including several generations of Wings phones, laptops and software programs. Wings Mobile is also in the process of expanding its business across South America.

Token Sale Model and Details

The BitWings token of Wings Mobile is implemented in an ERC-20 contract on the Ethereum blockchain.

The BWN token can be used in the Wings Mobile ecosystem to purchase products and services, both online and in physical stores.

 

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