Blockchain-ready HR software Peoplewave to launch ICO on QUOINE

Peoplewave, a blockchain-ready HR software company today announced it has entered into a Memorandum of Understanding (MOU) with QUOINE to launch its upcoming Initial Coin Offering (ICO) on QUOINE’s ICO Mission Control platform from May 31st to June 6th, 2018. Further, Peoplewave will list its PWV token on QUOINE’s QRYPTOS exchange after the ICO.

Having successfully achieved its USD $2 million soft cap, Peoplewave plans to launch its ICO from May 31st, 17:00 (UTC+08:00) to June 6th, 2018 on QUOINE’s ICO Mission Control platform. Peoplewave will be offering USD $5 million of PWV tokens for sale. The tokens will be priced at 1 Ethereum = 6,888 PWV tokens or approximately USD $0.08 equivalent in Ethereum (as of 28 May 2018). A highly attractive 95% bonus will be offered only on the first USD $1 million of PWV tokens and for the first 24 hours, whichever comes earlier.

“We are very excited to partner with QUOINE in bringing our ICO to market. QUOINE’s expertise provides us the confidence of launching a safe, secure ICO with a fast track to listing on the QRYPTOS exchange for immediate liquidity post-ICO. The partnership also gives us access to hundreds of thousands of crypto enthusiasts who have already cleared ‘Know Your Customer (KYC)’ and are ready to learn more about Peoplewave’s ICO. Our goal is to kickstart our next phase of development to bring us one step closer to our vision of making work fair. In order to obtain the resources to make Wavebase a reality, we have decided to maximize the benefit to our contributors at our own cost as a win-win solution for everyone.”

Damien Cummings, CEO of Peoplewave

Peoplewave is embarking on an ICO with the objective of reinventing people management through blockchain technology. The company will establish a decentralized database of accurate, verified performance and employment information on its blockchain platform, Wavebase. As a result, employers will possess an unprecedented ability to evaluate a potential candidate based on actual credentials and past performance or even utilize the information right from the start for targeted searches of suitable candidates. For the first time, employees will also get to own and take control of their performance data across all past employers.

“Talent acquisition and management are important topics in a company’s growth process. Peoplewave’s solution of providing accurate, verified employment and performance data on blockchain is highly relevant to the future of work. Having learned first-hand the challenges of running a large scale ICO, we aim to assist HR-based blockchain projects such as Peoplewave in navigating the new crypto economy.”

Seth Melamed, QUOINE Senior Vice President and Head of Operations
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