Whisky Token

Whisky Token

Asset-Backed Crypto Revolution

WHISKY TOKEN (WHY) stands for a disruptive new possibility in the crypto currency market due to the combination of High-End Whisky and Blockchain technology. Our mission is to combine the unlimited growth potential of a cryptocurrency with the security of real whisky value.

About Whisky Token

WHISKY TOKEN (WHY) stands for a disruptive new possibility in the crypto currency market due to the combination of High-End Whisky and Blockchain technology. Our mission is to combine the unlimited growth potential of a cryptocurrency with the security of real whisky value.

Problems of the crypto market

WHISKY TOKEN aims to solve three major problems in the current crypto market: High volatility, low transparency and lack of added value. The conventional utility token has no added value and carries the risk of total loss. In addition, price developments correlate with the bitcoin price and are also very volatile. This makes the investment risky. Asset-backed security tokens are often limited in their growth by their value base: they can only increase as much as their asset.

The solution

Security

In order to ensure a high degree of security, we have developed the so-called asset-backed mechanism. This mechanism works as follows: Once the whisky portfolio has reached the market cap of the initial ICO, the mechanism is activated. If the market cap of WHISKY TOKEN is less than 90 percent of the current value of the whisky portfolio within a period of 30 consecutive days, WHYTOKEN GmbH will place a buy order on the market. This leads to a demand which causes the price of WHISKY TOKEN to rise. The bought back tokens are automatically burned, which results in a deflation thereof. In this way, an indirect representation of the whisky portfolio is displayed on the WHISKY TOKEN.

Opportunity

With WHISKY TOKEN everyone can participate in the whisky market. Creating your own whiskyportolio takes a lot of time, knowledge and above all a lot of capital. Connections to the bottlers are also required. We carefully select bottles and keep them save. Also, we continuously rebalance the portfolio, reacting to market trends.

Value

The entire whisky market has experienced strong global growth in recent years. The global trend is towards higher-quality and more expensive products. The RW APEX 1000 index of Scottish Rare Whisky 101 Ltd, which tracks the development of the thousand most sought-after bottlings on the secondary market, increased by more than 25% last year and is listed at an all-time high. For example the Port Ellen 1st Annual Release has increased its value more than tenfold.

Team
Chief Executive Officer
Chief Financial Officer
Chief Information Officer
Chief Operating Officer
Chief Analytics Officer
Digital Marketing Expert
Digital Marketing Expert
Chief Executive Officer
Milestones
2018 Q2
Website Website Design update; Whitepaper Final Version; Token Development Testing the Blockchain-code.
2018 Q3
Pre-Sale WHY pre-sale; Portfolio Strategy Token Security Audit Functionality guaranteed by an independent test centre.
2018 Q4
Token ICO After completion: distribution of bonus tokens; Portfolio Development Kauf und Entwicklung des high-end Whisky-Portfolios.
2019 Q1
Exchange Listing Partnership with wallet providers to offer WHY; Portfolio Management Active management to ensure the highest value; Community Involvement of the community in strategic portfolio decisions.
Financial
token info
Token Name WHY
Token Platform Ethereum
Token Total Supply 28,100,000
Token Amount For Sale 25,250,660
Preico Token Price 0.6 €
Preico Token Supply 333333
Ico Token Price 1.3582 USD
Ico Token Supply 89,86%
investment info
Personal Cap Min 30€
Personal Cap Max -
Accept Currencies ETH, BTC, Fiat
Soft Cap 2,000,000 EUR
Hard Cap 25,000,000 EUR
Restricted Areas USA, China, Vietnam, South Korea, Hong Kong
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