https://forklog.com/smi-predpolagaemyj-organizator-ico-worldcore-pavel-krymov-zaderzhan-v-sheremetevo/
WRC token is your share of Worldcore revenue. It's a digital asset, which you can hold or sell at cryptocurrency exchange to other traders after the end of ICO. You also can hold your token on the account and simply receive profit share once a year. When Worldcore profit rise, your WRC tokens do the same, because revenue share payments rise and other traders will want to buy it. Your rights on tokens are stored in decentralized blockchain registry and cannot be modified by anybody.
Worldcore technologies
Employee wages, affiliate payouts or payments to partners or subcontractors can be sent as a mass payment to any payment cards or bank accounts.
All payment features of traditional current bank account with same-day client onboarding, advanced security and functionality.
No passwords needed, you just say the code phrase and enter your Worldcore account.
With the cutting edge biometrics technology, noone need to look into the camera to access the account.
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
A high level of competition from both fintech and blockchain start – ups and traditional banking. Poor functions of worldcore retail products with respect to traditional banking standards. Not all elements of the future product mix are adequate to the company's business. The WP only indicates the outline of the solutions being developed, while their details are disclosed by the company in the minimum amount. The utility – component of the token is not worked through to the end; The company business model, by and large, is not unique. A similar one is implemented by a large number of competitors in the market. Monetization is too biased towards paying fees for issuing cards and commissions for transactions. Firstly, it will not be possible to monetize low-activity users at the expense of service fees, and secondly, the need to pay in the beginning can scare off customers. There is no mechanism to protect the investors interests, which can lead to the mechanism collapse for ensuring profitability and to the company's unstable dividend policy, in particular. The so – called security tokens, which the WRC belongs to, have ambiguous legal status. They are either banned in certain jurisdictions or the same stringent regulatory requirements are made demands on them as well as on securities (for example, in the USA). The inadequacy of certain areas of attracted funds spending like Worldcore TV. In general, along the entire project road map, there is a certain bias toward marketing activities, taking into account the fact that Worldcore's marketing budget is already about 600 thousand euros a year. Selectivity in the disclosure of the company's financial statements. The volume of attracted funds repeatedly (almost 17 times) exceeds the average size of early – stage transactions involving venture analogues (the median size of round A and B in 2017 will be 6 million USD, according to Pitchbook data). Uncertain experience of the company founders. There are no product experts in the team.
Worldcore is a money transfer service that has provided banking services since 2014. Worldcore recently announced plans to launch cryptocurrency services while developing its own blockchain technology. As part of the company’s plan, they’ve announced an ICO in October 2017. Token holders gain a cut of Worldcore’s profit (30% of profits will be distributed to token holders).
This offer is based solely on information provided by the offeror and other publicly available sources.
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