Bitcoin Forum

UPDATE: http://worldwealth.io/promo.html

You can win up to 10,000WWC in the competition and you will also receive free WWC for each entry (0.2 WWC per entry). The end date of the competition is changeable.


Our competition has now ended (24th January) and we have released a version of our wallet to coincide with it so that the winners can stake their coins (100% yearly interest):

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Our Terms have never permitted residents from USA or Hong Kong to participate - please note that all IPs will be checked and proof of location may be required if you are using a VPN or seem to be located in a restricted country so there is no point in circumventing these restrictions with a VPN as any purchases will be refunded if you cannot provide proof of your location!

Our Promise - Please trust us and join the pre-sale.

There has been a lack of confidence in lending platforms lately. Our system will be automated and eventually decentralised so that nothing will shut it down. Our system will also allow lenders to receive their capital back at any time (minus interest already paid and a small percentage fee) if they require the funds before the capital release date. This way your lend amount is always guaranteed from fluctuations in the market price.


Portable Windows Wallet:

Just unzip the archive anywhere you like and run the batch file to start the wallet.
The blockchain has been alive for over three weeks now!

http://worldwealth.io/WorldWealthCoin-QT.zip

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WorldWealth.io is the most promising lending ICO. We are sure you will be pleased with our upcoming service and ideas. We have been pioneers in this space for some months and have been waiting for the right time to launch this amazing opportunity.

Provisional Coin details (WWC Symbol)
Coin Type: PoW & PoS (We are now after block 10,000 and are PoS only from now on)
Hashing Algorithm: Scrypt
Block Time:  1 minute
Total Supply: ~40,000,000
Pre-mined: ~20,000,000
PoS Reward: 10% for the first 6 months and reduces by 2% every 6 months thereafter. 100% per year staking reward.

Up to 4,000,000 Pre Sale 0%-10%   (depends on demand and amounts bought and when our main site is up and running - maximums may be imposed later)
8,000,000 - 12,000,000 Crowdsale 20%-30%  (will run at least 30 days – with strict maximums)

If pre-sale sells under 2,000,000 which we expect with no marketing, our ICO will be for 8,000,000.


We are still in discussions for exact specs for the whitepaper and roadmap but this will be completed very soon. Hence, we are still in Pre-ICO phase so we can start on marketing, although the actual ICO site is launching very soon and is almost entirely completed (internal exchange is included, incidentally). We have already opened up the pre-sale site and are even accepting pre-sale token purchases (ICO price will be starting at 50% higher). It will only be available for a very limited number of days until the main ICO site launches. We are based in Hong Kong, so have excluded Hong Kong persons from joining, just to prevent any unnecessary problems rather than any real legal risks.

We have plans for some useful features without over-complicating the process, as listed below.

Early Loan Withdrawal  :  There will be a percentage fee of up to 25% depending on the date of capital release, and you will receive the same dollar amount of your loan minus this fee in the case of the coin price being above your lend rate. In the rare case that the coin has decreased in value, you will only receive back the same amount of coins you lent minus the fee. This prevents people withdrawing their loan early when the price temporarily decreases in order to obtain a greater number of cheaper coins. Our early capital release will be made simpler and entails a fee equivalent to the amount of interest paid plus a small percentage extra and this cancels the loan and gives you all the funds back. You could use this to hedge the market because the value at the time of the loan will be maintained when you request an early release. If you had been converting the daily interest into WWC and it had increased in value, which is likely, you would also profit from this increase.

BTC lending for limited time after ICO only for those not able to buy tokens (quantity also limited)!!

BUY BACK GUARANTEE (reduce downside risk)!!  We have a buy back guarantee where we will buy back your tokens if the price goes below 50cents (which is 85% of the pre-sale price and around half ICO price). This will only happen after the first 30 days of the internal exchange opening. For logistical reasons, only those tokens that have not been transferred from your web account qualify, so that we can easily track how many you sold or loaned. If you keep them in your wallet and do not sell them, this will also help with our initial growth phase too. Whichever amount is left in the account below the buy back price, will be bought back automatically by us if the price goes below the threshold (we count all transfers out as withdrawals and do not count transfers in). We do not anticipate this occurring but it should give our crowdsale purchasers greater confidence in participating.

Aggregated Loans You can opt to increase a loan amount instead of creating a new loan, which allows you to move to next bonus level gradually. Any reinvests into current loans sets back capital returns to 45 days if the capital was due earlier than that.

World Wealth Gold may feature in the future :)


Lending Plans
We offer up to 55% per month paid daily, including bonuses. Our rates are variable so that we can sustain our services perpetually. Our system is more sustainable than most others and does not solely derive from demand for our coins. We have ambitious plans to invest in mining infrastructure and to also offer cloud mining services within the account at a future date. Our profits will not just come from our lending rates and related services.


Referral Plans

We have not finalised our system yet but provisionally, the first and second levels will be 10% and 5% respectively, amongst the highest there is. All referrers in the pre-sale will receive 10% BTC bonus of the referred amount!! Since a referrer is required to sign up to the pre-sale, it will increase your conversion rates.


Exchange : Coinexchange and others are planned but we will start with our Internal Exchange which is already developed and functional.

Social media links (we have not started any marketing yet):

Facebook: https://www.facebook.com/worldwealthcoin/
Twitter: https://twitter.com/WorldWealthCoin

If you do not have a referrer, please use our own: http://worldwealth.io/?invite=worldwealthcoin@gmail.com

We have a dedicated server for the main site which should be launching in the coming days (some work to do to set it up and finalise the roadmap and whitepaper) but until then, our pre-sale is up and running so grab a bargain while you can!

Regards,
   WorldWealth.io Team










---we've copied a question and answer below as it contains important info about the presale---


The token is at 60cents currently, but will be at least 90cents at the ICO. The pre-sale will only be on for the next five days at most, because we plan to start the ICO on the 28th December (this date was decided yesterday). Our Pre-sale has been extended until the 16th January. We are in no rush to start the website and have implemented some security improvements.

The pre-sale site is viewable on any device in landscape mode (a message should appear to reorient the device if the screen dimensions are not big enough). Our pre-sale is not something we have marketed and may have a token limit imposed later. Currently there is no limit (except we will not sell more than 25% of our crowdsale tokens in our pre-sale) but if we impose one later we will refund overbought tokens on your account. There is no point imposing a limit in advance as anyone can easily use multiple email addresses in the pre-sale.


Our pre-sale is very easy to use as there is no login needed, only your email address (although the referrer is needed).  It doesn't require any confirmations to accept the payment. You will see a large check sign immediately after sending the payment which confirms the purchase of the tokens (it will say the payment has been received as soon as it becomes a pending transaction).

After that there is nothing else to do as the new platform will automatically track your purchases based on your email address. There is no chance of losing your purchases because the merchant API we are using to accept bitcoin payments will have records too of your email address you confirmed during purchase so even if our site gets hacked we will still have all the purchase details.

No emails are sent out during the pre-sale and we are using a basic server and not the dedicated server we have for our main ICO.

The premined tokens how are they going to be distributed, aslo I want to ask what is the use of the coin if there is no white paper currently to guide investors on the utility use of these tokens

In past all lending platform based projects have impressed investors and almost all raised money to develop the platforms. This is fastest growing trend to start this type of business. I will be watching how this evolve in coming days. But potential for such projects is real and huge.

This is actually one of the best types of projects in the cryptosphere and better than just investing in bitcoin in my opinion (I've said before that they bring value in guaranteeing the investment capital in USD whilst also paying interest at the same time). Unlike other coins, the devs can't dump the tokens as it will cost them more coins in interest rates (which they already profit from as the coin demand increases - look at bitconnect which was the first and has profited massively from their lending rates and have amassed far more coins than they have paid out). The project is sustainable even without any real business propping it up. So what I'm trying to say, is that the premine is not something to be wary of like in traditional alt coins, it is something to help the sustainability of the project as all the interest is paid in these coins (bitconnect has never even had to go into these reserves because their coin keeps increasing, anyway).

The cloud mining seems like a decent idea too if there is significant investment in equipment as I'm sure these projects can generate enough funds for this.

Hi Devs, how can I join and purchase presale tokens with Ethereum or bitcoin. Any alternatives? I tried to access the site via mobile. But wasn't able to. Also please advise on the total supplement for presale event and the ending time. ?? Price per token. Thank you for your cooperation!

There will be any bounty releated to the WWc? Airdrops etc?

Hello,

Our whitepaper is in the hands of the designers so we have not got the finished article at the moment but we will be updating the post with this information in the coming few days. It has been decided to set the date of the ICO to 28th December to make sure we have everything ready. If you are not familiar with this type of platform or ICO, I suggest familiarising yourself with the ones available now (if you research the token price of all these lending platforms, they average far more than the ICO price which proves their popularity). Although it is a recent trend, they have had successful ICOs in most cases. Our platform we hope will be one of the best. Our business will invest in scalable ways proven to bring consistent profits in this space over the long term and will have the funds to generate these (tentative suggestions such as mining are in the whitepaper).

Our lending rates will also be profitable for all concerned, with up to 55% monthly during our growth phase. You must remember that when you loan your coins, you are reducing the supply and increasing the demand whilst also guaranteeing your capital value against any downside moves. You are also receiving a share of our profit because overall our coin should gain more value than the lending rates. If we generate demand and increase the price of WWC tokens in the near future, the upside is likely to be significantly higher than our lending rates so token holders will also be happy. As we have an internal exchange, we are able to pause trading in times of negativity and also have the capability to maintain confidence in the price, being the largest holders. Our coins will also grow by 10% a month initially in staking rewards so paying daily interest and affiliate commissions will never be a problem while the value of the coin is maintained.

The token is at 60cents currently, but will be at least 90cents at the ICO. The pre-sale will only be on for the next five days at most, because we plan to start the ICO on the 28th December (this date was decided yesterday).

The pre-sale site is viewable on any device in landscape mode (a message should appear to reorient the device if the screen dimensions are not big enough). Our pre-sale is not something we have marketed and may have a token limit imposed later. Currently there is no limit (except we will not sell more than 25% of our crowdsale tokens in our pre-sale) but if we impose one later we will refund overbought tokens on your account. There is no point imposing a limit in advance as anyone can easily use multiple email addresses in the pre-sale.


Our pre-sale is very easy to use as there is no login needed, only your email address (although the referrer is needed).  It doesn't require any confirmations to accept the payment. You will see a large check sign immediately after sending the payment which confirms the purchase of the tokens (it will say the payment has been received as soon as it becomes a pending transaction).

After that there is nothing else to do as the new platform will automatically track your purchases based on your email address. There is no chance of losing your purchases because the merchant API we are using to accept bitcoin payments will have records too of your email address you confirmed during purchase so even if our site gets hacked we will still have all the purchase details.

No emails are sent out during the pre-sale and we are using a basic server and not the dedicated server we have for our main ICO.

Hello,

Our team of developers are being slow at the moment with the roll out of the platform, although it should be ready by now (it includes the internal exchange so there will be no delays post-ICO). The pre-sale is still ongoing so we will start with some bounties to get things moving. The details will be posted in the next day or so.

Regards,
   WorldWealth.io Team

http://worldwealth.io/promo.html

This is what we have done so far to promote the site. You can win up to 10,000WWC in the competition and you will also receive free WWC for each entry (0.2 WWC per entry). The end date of the competition is changeable.

We are working on the main site at the moment to iron out all the kinks and get everything ready.


Best of luck,
  WorldWealth.io Team

Hi Devs, Do we have 100% complete access to withdraw or exchange our coins without any limitations or restrictions, being forced to (LEND) coins. So once after the ICO ends, when world wealth coin is listed on external market exchanges, I can Withdraw full coin balance? Also when internal exchange launches I can sell for Eth/BTc. ? Thanks
 

We have created a simple USB portable Windows wallet that will be sent to all users on request. These may be branded, shaped like a credit card and only 2mm thin but we have not finalised this yet. You can also install it on your own USB stick if you like.

This means that you will be in full control of your coins. We may even send them to you as soon as the main ICO site has started if you buy some now in the pre-sale.

Links to download the wallets will be given soon.  There are no virus warnings on the wallet (many such wallets give false positives but ours hasn't for the standard windows defender) and everything should be easy to use. We only have a Windows portable wallet planned but these can also be run on other systems such as linux and mac with various emulators (android even has PC emulators).

Our coin also has 100% per year staking rewards so you will get around 8.5% per month when compounded. We do not plan to fork the coin but may do in the future to upgrade its features and adjust staking etc.

Hello,

We have postponed our ICO until the 16th January and implemented some security improvements as we are in no hurry yet. The presale and WWC giveaway/bounties are still ongoing and the competition end date has also been extended.

We would like to elaborate more on your question. We have been looking at the lending space and see that many other companies have made serious mistakes by not offering any lending before being traded on an exchange. Lending is crucial to the growth of the coin and we will start lending at $3 before the exchange opens. We also noted that one platform (PolyNetwork) automatically locked all coins into a 48day loan. This has sustained a high coin price but was done without prior knowledge of the participants.

We have already said we will not force any lending but we also plan to implement a selling volume limit for the first 30 days on the exchange. This will be a daily limit based on the buying demand (so all buys should get filled for people wishing to purchase). You can sell all your coins anytime but may need to wait for the following day until the 30 days have past.

Remember we also reduce downside risk and promise to buy back your unused ICO coins after these 30days if it falls below 50cents (you will receive 50cents for each coin) so you can buy with more confidence! As explained in the first post, the buyback is only applicable to the internal web wallet and later deposits don't normally count but your first deposit into it also counts if you send them from an external wallet (if you received them in the pre-sale or the competition). We are one of the few that plan to have the coin ready before the main ICO starts.

We are thinking of releasing the QT wallets already to have some sort of mining competition.

The last PoW block is 10000 and we are now close to half way there on the blockchain (we have mainly run it with PoS and not PoW but we know it is working correctly).
The block reward is 48WWC and the blocks come fast, every minute. So there are about a quarter of a million WWC available to be mined before the last PoW block (worth around $200k at ICO prices).

I think the safest thing to do is to release it as a PoS only coin after the PoW blocks finish unless anyone has any other ideas ?

We are releasing our Portable Windows Wallet.

Just unzip the archive anywhere you like and run the batch file to start the wallet.
The blockchain has been alive for over three weeks now!

http://worldwealth.io/WorldWealthCoin-QT.zip


Also, congratulations to our competition winners!!

http://worldwealth.io/winners.png

We hope people are not disappointed about our delays. Our website is all finished but we are not going to be starting the ICO until confidence has returned to the market. A lot of people are misunderstanding how lending platforms perform and are discouraged, especially since BTC is now so low too. They used to be the hottest thing in cryptocurrency. The delay will just allow us more time to innovate.

We will have lots of new revolutionary features and decentralisation so that nothing will be able to stop the platform. It will work in an automated way. By the way, the Pre-ICO is still active and will be up for a while longer still. We will definitely be creating amazing failure-proof features which means the platform cannot be ended by anyone.

We forgot to mention that everyone who entered the competition will also receive 1 WWC for every 5 entries. You will all receive emails in the coming days on how to claim them (please download the Windows wallet - it is open-source and the github link will be given).

There have been rumours about our website being linked to other lending platforms by redirection of domain names (DavorCoin currently, which seemed a total scam overall). The truth is we often purchase related domains and misspellings etc to get free type in traffic for our website. So there is nothing to be concerned about. We will have an announcement in the coming weeks and we definitely haven't abandoned lending, like many others have.

The pre-sale is still on and you can still buy at a discount to the main ICO.

Our Promise - Please trust us and join the pre-sale.

There has been a lack of confidence in lending platforms lately. Our system will be automated and eventually decentralised so that nothing will shut it down. Our system will also allow lenders to receive their capital back at any time (minus interest already paid and a small percentage fee) if they require the funds before the capital release date. This way your lend amount is always guaranteed from fluctuations in the market price.

I can see your wallet says the coin symbol is WWC but this symbol already has an established coin. [url]See it here[https://bitcointalk.org/index.php?topic=2139958.0]. Wounded Warrior Coin [WWC]. So how do you call your coin as WWC? Why should people trust you without a proper roadmap and white paper? Also, you didn't give us the wallet link in GitHub. Everything just sounds like a scam. I wish I could believe you if everything is fine there, but I'm not going to invest like a blind man.
I'll be happy to know if your project is not another scam like many other.
Thank you.

No coin on coinmarketcap even starts with the symbol WW so WWC is fairly unique. We cannot control other coins using the same symbol but at the moment no established coin uses it and nothing stops others using the same symbols either. The github link is something we will have soon as well as all other documents with the main ICO site.

We have not launched the main ICO yet due to market conditions and other scam lending platforms.

There is nothing wrong with lending platforms and they are not a scam. Bitconnect could have carried on as the coin was still very high value when they cancelled the lending due to people who weren't in it complaining to authorities. Staking (PoS) isn't called a scam but is worse than lending as it inflates the supply. Lending does the opposite and pays less coins back (if the coin grows faster than the daily interest rate, which was true for bitconnect) and allows the company to grow as they can use those profits to market the coin. People lending don't mind that they would have received more from just holding the coin rather than lending as the interest is still good and people need to lend for the coin to be successful.

All these other companies who scammed have given lending platforms a bad name but we plan to automate and decentralise everything so that nothing can stop our platform. We will wait a few more weeks before launching the main ICO site due to the bad sentiment towards these but we will not abandon the lending. It will also eventually just work on its own through the wallets. You can think of it like a kind of staking but the percentages will be linked to the BTC price of the coin. We will also not rely on the popularity of the coin and profit in other ways to help the value of the coin by buying back and taking more out of circulation with these profits.

as i read the information above,it looks like good one to invest,is such interesting lending platform,hope it will be a successful

We are still assessing the market and will launch the main ICO sometime this year. We are considering many options for our WWC coin.  We don't want to rush into anything prematurely as we want to ensure the success of our platform and coin. Remember, the coin is already released and you can buy it in the pre-sale now at a cheaper than ICO price.

Regards,
  WorldWealth.io