Tael Rank 407
$0.106307
Tael Rank 407
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84,199,999 WABI

Tael
Tael
WABI

Tael Price
$0.11

Tael 24h Vol
$1,844,324

Tael Market Cap
$8,951,029

24h Vol
200 BTC
1 H
-0.38 %
24 H
-0.06 %
7 d
-18.05 %
Today Tael price in US dollars is currently 0.1063 USD, and if converted to Bitcoin is 0.00001151 BTC. A total of 969 coin's are currently circulating in the Market. Tael prices are currently experiencing a change of -0.06 %, check all cryptocurrency. Over the past 24 hours 0.018 M US dollars Tael has been traded on Crypto Exchanges. Get Tael's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Tael
Symbol
WABI
Algorithm
ETH Token
BTC Price
0.00001151 BTC
BTC Market
969 BTC
BTC 24h Vol
200 BTC
Total Coins Mined
84,199,999 WABI
1h
-0.38 %
24h
-0.06 %
7d
-18.05 %
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Website
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Description

Description


Tael (ticker WABI) is a digital token used in the Tael ecosystem of verifiable safe consumer products.

Consumer goods inside the ecosystem are secured from counterfeit attempts through banking-level, tamper-proof NFC smart-labels, which are linked to their digital representations on the blockchain. Consumers touch the label with their smartphones to verify a product’s authenticity, discover the product’s journey along the supply chain and are rewarded for their purchases with the Tael token.

Tael is used as a payment method across the Tael ecosystem and its partners, with tens of thousands of mainstream users throughout China.

ICO Details

ICO Details


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Tael (WABI) is an Ethereum-based token supporting Tael’s anti-counterfeit ecosystem. The Tael anti-counterfeit labels link digital and physical assets through radio-frequency identification (RFID) with anti-fraud protection. Consumers can verify the authenticity of products in the Tael ecosystem using their smartphone and are able to purchase products protected by Tael technology with WABI on the Techrock marketplace. Users are also rewarded with WABI tokens for using the Techrock safe channel, for example for scanning products or referring new customers onto the platform.

Team:

  • Alex Busarov: Co-founder, CEO. 
  • Yaz Belinskiy: Co-founder. 
  • Edward Tsang: CTO.
  • Kitty Xu: Marketing Director. 
  • Chi-Tung ‘Duomo’ Pan: Sales Project Manager. 
  • Danjie Hu: Project Manager. 
  • Wouter ‘Walt’ de Hoogd: Social Media and Community Manager. 
  • Zhu Fang: Customer Support Manager. 
  • Artur Pinchyuk: IT lead. 
  • Roman Tronenko: Mobile Lead / Blockchain Architect. 
  • Dmitry Korzhik: Blockchain Development Engineer. 
  • Vadim Mischim: BD Director, Oceania.
  • Yasuhiro Takayama: BD Director, Japan.

Tael held their ICO between November 1st and November 28th, 2017. It ended with USD $11.50 million in funds raised, the full amount available under the funding cap. The ICO token supply represents 46% of the total token supply, so there will be a total of 46,000,000 tokens available at the offering. WaBi is adopting a bidding system in the ICO. WaBi's ICO campaign will feature Escrow service, and the token will be mineable.

Token Reserve Split (54%):

  • 8% Team and advisors;
  • 35% reserved to be delivered to consumers through the mining process.
  • 11% Pre-ICO.
ICO Status Finished
Token Supply 100000000
Start Date 2017-11-28
End Date 2018-11-30
Fund Raised (BTC) 11,500,000 USD
Fund Raised (USD) 11500000
Start Price (USD) 0.25
Security Audit Company KPMG
ICO Legal Form Corporation
ICO Jurisdiction 588
Legal Advisers N/A
Blog https://blog.taelpay.com/
White Paper https://blog.taelpay.com/our-ecosystem-detailed-business-model

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