Place/Date: Singapore - May 29th, 2018 at 9:41 pm UTC · 4 min read
Contact: Michelle Tay – Director, PR & Communications, Source: Peoplewave
Peoplewave has entered into a Memorandum of Understanding (MOU) with QUOINE to launch its upcoming token sale on QUOINE’s Mission Control platform from the 31st of May to 6th of June 2018. Peoplewave will list its PWV token on QUOINE’s QRYPTOS exchange after the sale.
Damien Cummings, CEO of Peoplewave stated:
“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,”
Having successfully achieved its USD 2 million softcap, Peoplewave plans to launch its token sale from the 31st of May, 17:00 (UTC+08:00) to 6th of June 2018 on QUOINE’s 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, which isapproximately 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 first.
Cummings also noted:
“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 maximise the benefit to our contributors at our own cost as a win-win solution for everyone,”
Peoplewave is embarking on a token sale with the objective of reinventing people management through blockchain technology. The company will establish a decentralised 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 utilise 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.
Seth Melamed, QUOINE Senior Vice President and Head of Operations stated:
“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,”
Contributors interested in Peoplewave’s token sale will have to sign up and obtain KYC-verification on QUOINE’s QRYPTOS exchange at qryptos.com.
It is highly recommended that contributors complete KYC verification in advance to maximise the limited 95% bonus period on 31 May 2018. Details on the Peoplewave token sale and how to participate can be found at peoplewaveico.io.
Peoplewave is Asia’s leading blockchain-ready HR software company. It is revolutionising hiring and people management with data-driven, transparent feedback and verified performance data on its blockchain platform, Wavebase.
Peoplewave offers 3 key products – the “First 100 Days”: a new hire onboarding tool; “Performance Wave”: continuous 360-degree performance appraisals; and the “HR Command Centre” analytics suite, which unlocks employee data and insights.
Peoplewave successfully raised USD 500,000 in seed funding from a series of angels and aligned companies in the HR field in December 2017. The company has been named “Top 50 Most Promising Enterprise Start-ups in Asia Pacific” by CIO Outlook Magazine and “Top 20 Hottest Startups 2018” by Singapore Business Review.
QUOINE is a leading global fintech company that provides trading, exchange, and next generation financial services powered by blockchain technology.
With offices in Japan, Singapore and Vietnam, QUOINE combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers.
Disclaimer Peoplewave is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Peoplewave token sale is closed to US participants and participants of all countries in which ICOs are illegal.