To implement the project, ETB has created two tokens - WEM and WEMcoin
WEM is an ERC223 token on the Ethereum platform, which is intended for the distribution within the ICO from 20 March to 20 May 2018
WEM token sale has ended!
WEM was created as a debt token aimed to raise funds to start up the project.
WEM price during the ICO - 0.001 ETH
Buyback price - 0.0015 ETH
Buyback beginning - not later than 1 March 2019, according to the smart-contract
Optionally, WEM owners can exchange their tokens for WEMcoins through the smart-contract before the official beginning of the token buyback.
1 WEM = 1 WEMcoin
Guidance on the exchange of WEM for WEMcoin:
WEMcoin is an ERC20 token on the Ethereum blockchain
WEMcoin is a functional token of the project and is intended to serve as:
- a means of payment for renting a place for mining equipment;
- a means of payment for electricity;
- a medium of exchange when selling mined cryptocurrency
1 kWh of electricity = 0.1 WEMcoin
After its release, WEMcoin will be on sale on cryptocurrency exchanges
WEMcoin price will depend on the exchange rates.
WEMcoin rate will be sustained through the funds from the economic activities of the company - electricity production, and mining.