WaBi is an Ethereum-based platform supporting Walimai's anticounterfeit system. The Walimai anti-counterfeit labels link digital and physical assets through RFID Radio-frequency identification with anti-copy functionality. Consumers can authenticate the product through their phone app and are able to purchase products protected by Walimai technology with WABI. Users are also rewarded with WABI tokens for using the Walimai safe channel. WABI is an Ethereum-based ERC 20 token used in the Walimai safe channel.

Team:

• Alex Busarov: Co-founder, CEO. 
• Yaz Belinskiy: Co-founder. 
• 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. 

WaBi will be holding its ICO on November 28th, 2017 and it will last for 30-60 days, or until the funding cap is reached. 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.