W3C Gateway SE, an emerging financial services provider, has announced the launch of a crowdsale of its flagship W3Coin digital currency.
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, which is creating 200 billion digital coins, may raise as much as $25 million through the sale of 2.5% of the coins at half a U.S. cent each.
Juri Vassell, CEO of W3C said:
“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.
“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 developed on the Ethereum blockchain platform.