[ANN] xxxxx

[bld]

So I've had some doubts about WCX. I signed up for the token presale because I am also interested.
However, putting all the signals together I've decided not to invest. Here's a screenshot of the invite to the pre-sale.
I know people are getting used to ICO's with just a whitepaper and a fancy website, but to me this is just not enough to warrant a $21k + investment.

https://postimg.org/image/thcz9807t/

And then I have to respond within 24 hours? Come on...
Also, I never did get a reply from "Pat".
All in all it just doesn't feel right... For those who have already invested I hope I'm wrong and best of luck!

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[txcx]

I really liked the project in the beginning, even did the translation.
Now I am getting out there... Too risky.

1) Who is "Pierre Legarnier", "Paul Kaplan", "Pat Touma"... Can't find anything about the people on any platform/website so far.
2) Who is WCX in Hong Kong? There is no company registry entry found.
3) Whitepaper lacks of important details
4) Referal Ponzi Scheme that got re-opened after BCT Thread Close
5) User Accounts are a bit "loose", no Wallet or any service behind (metamask, orderbook etc...) to prove security
6) Too much bonus for too less tokens
7) Hard Cap not revealed (Hidden increases FOMO spychology --> More Buy ins)

That are the points that made me thinking about.

Besides, If I am wrong, and I hope I am wrong, I am happy for everyone who joines and get massive profits
If I am right, you had some signs shown.

[saggammahesh]

Why slack channel is closed?
I referred more than 100 people, Now i am feeling very bad by seeing the current progress.
I hope the people whom i referred will not participate in pre sale.

[overdozedCEO]

I really liked the project in the beginning, even did the translation.
Now I am getting out there... Too risky.

1) Who is "Pierre Legarnier", "Paul Kaplan", "Pat Touma"... Can't find anything about the people on any platform/website so far.
2) Who is WCX in Hong Kong? There is no company registry entry found.
3) Whitepaper lacks of important details
4) Referal Ponzi Scheme that got re-opened after BCT Thread Close
5) User Accounts are a bit "loose", no Wallet or any service behind (metamask, orderbook etc...) to prove security
6) Too much bonus for too less tokens
7) Hard Cap not revealed (Hidden increases FOMO spychology --> More Buy ins)

That are the points that made me thinking about.

Besides, If I am wrong, and I hope I am wrong, I am happy for everyone who joines and get massive profits
If I am right, you had some signs shown.

yeah also tried to do some research and found nothing at all... seems damn fishy if u ask me, would love to invest but this is just waaaaayyyyyy to risky guys!!!
just alone this thread title seems soo uber scamy, i mean: Exchange built by APPLE, WALLSTREET, DEUTSCHE BANK, GOOGLE, AMAZON, GOLDMAN&SACHS & FREEMASONS.  
on 1sept they gonna tell us its the cleaning lady who worked at apple, the parking lot guy at wallstreet and so on  

[spleeky]

I also applied for the presale, was accepted and was given a 24 hour deadline. I then asked per email if they could give me informations about the escrow, I thought that should be very standard.
They replied that they dont have a well known escrow, wouldnt tell me anything about the escrow and said they will have a well known one very soon.... .

Correct me if Im wrong but as far as I know the whole reason to have an escrow and the principle behind it is that 2 parties use a person or an organisation/entity that is known to both, is independent and has a high reputation and is very trustworthy.

How can you say we use an escrow and then give me a random unknonw BTC adress that could belong to anyone without giving me any info about who the escrow is

Thats it for me, Im def. not investing considering all the unknowns in this project.

If they are legit, so be it, I gladly loose the discount for the presale and buy later because I like the idea but the risk outweighs the benefits imo at this point by far.

[Macht]

Hey guys, we'd appreciate if this thread could be kept clean of insults or personal attacks. Would be sad to see it become a troll fest. Thank you, let's keep it civil!
And if we could steer clear of unfounded speculation too. The dates and plan for WCX have been announced and here's a quick reminder.
Sep 1: Private Alpha Launch
Oct 1: Public ICO begins
Oct 10: WCX Launches to the public

Not gonna happen. You are scamming people and stealing their cryptos, you're not gonna get a clean thread to lure in even more people. I hope there haven't been a lot of people who invested in the pre-sale.

[thaytch]

The token sale isn't accessible to U.S investors because your token is a security. Will you comply with other countries securities regulations or just avoid them as well?

How come WCX haven't answered my question?

You guys need to wake up. WCX sell a token that will share future profits with its holders. This means that they are selling UNREGISTERED securities to you people. That's the reason why they are so secretive about their operations as well because this is a fraud. They are not allowed to sell such securities to unaccredited investors, yet they are happily taking your money.

They are trying to circumvent this by excluding U.S investors yet they fail to realise that other countries have strict security laws too.

Wake up people... This is nothing more than a quick money grab.

Calm down, only in US SEC made an annoucement about treating tokens as securities. The rest of the world don't have such a strict laws, we don't need accredited investors, it's all legal.

It doesn't matter whether they announce it or not. If you share profits with owners of a token, it's a security. It's as easy as that. If you don't register securities and sell them to unaccredited investors, you will get caught eventually.

You are also lying that other countries don't have similar strict security laws. Germany has a very similar "Aktiengesetz" (securities law) in place that came into effect in 1937, 3 years after the SEC was founded in the U.S.

I am just trying to warn people that projects like these that sell unregistered securities are ticking time bombs. If you are in here to flip it, that's ok. If you are here because you think of this as a serious long-term investment, you should think twice about it.

Why do you keep being so evasive, WCX?

People, please do NOT invest into this project. Do not get scammed!

[polkacoin]

I wonder if the people crying *scam* will eat a hat when WCX comes out with their platform in 2 weeks...

I also wonder if any of those people have proof of wrongdoing?

[identifyuser]

Thread has been unlocked following the restoration of our trust rating. Negative trust rating was due to fake scam accuser who blackmailed our account in exchange for BTC.

Justice has been served!
But I would still advised not to invest until we see the team and the alpha launch of the project

[polkacoin]

Thread has been unlocked following the restoration of our trust rating. Negative trust rating was due to fake scam accuser who blackmailed our account in exchange for BTC.

Justice has been served!
But I would still advised not to invest until we see the team and the alpha launch of the project

I agree. They said they will be releasing escrow names. And you can wait till the alpha launch to invest as I am doing. Not sure what good it does folks to cry scam with no evidence.

My own personal experience is I've never had an issue with the WCX team. I've skyped and emailed them. I've worked on bounties and translations with them and they've always paid on time, including BTC rewards. I have no reason to doubt unless proof of wrongdoing is shown, or their promises are not held.

Perhaps as a community we can be a little more constructive?

[Macht]

I agree. They said they will be releasing escrow names. And you can wait till the alpha launch to invest as I am doing. Not sure what good it does folks to cry scam with no evidence.
My own personal experience is I've never had an issue with the WCX team. I've skyped and emailed them. I've worked on bounties and translations with them and they've always paid on time, including BTC rewards. I have no reason to doubt unless proof of wrongdoing is shown, or their promises are not held.
Perhaps as a community we can be a little more constructive?

I see it as constructive to ask for the necessary information for everybody to make an informed decision. So as long as they don't reveal anything and can't even guarantee the safety of the funds they are supposed to take care of, they re not gonna get a blank cheque to lure people into their probable scam. You should at least not defend them.

[polkacoin]

I'm not defending anyone, I'm simply sharing my experience of dealing with them - at least I have something tangible to share. The team has a plan that is announced publicly, and so far they have delivered. There's no reason to cry foul when there is no proof of wrongdoing. This just does a disservice to everyone holding WCXT.

[saggammahesh]

I'm not defending anyone, I'm simply sharing my experience of dealing with them - at least I have something tangible to share. The team has a plan that is announced publicly, and so far they have delivered. There's no reason to cry foul when there is no proof of wrongdoing. This just does a disservice to everyone holding WCXT.

haha...So far what they delivered?
If alpha version is on september 1st by this time application already should be ready.
Please release screenshots.

[Lucasgabd]

They`ve added a "Other" form field at the coin voting page so you can specify a coin you'd like to trade that isn't listed. https://docs.google.com/forms/d/e/1FAIpQLSdkFM1HKmTfhDeJ5Acn5hstJFi_Mcj8KIgMk7fpvOxJ2Ua5aA/viewform

thanks for the doc.
added there on the others some quite good projects:

PTOY, VTC, STEEM, VIA, GUP, UBQ, POSW, RBX, INPAY

[bytcoin]

I'm not defending anyone, I'm simply sharing my experience of dealing with them - at least I have something tangible to share. The team has a plan that is announced publicly, and so far they have delivered. There's no reason to cry foul when there is no proof of wrongdoing. This just does a disservice to everyone holding WCXT.

Polkacoin. Are you part of the team?

[onlytemporary]

when will the invitation emails go out for the beta testers? I really hope I am one of the chosen ones so I can see it first hand and watch the progression.

[Macht]

I have found an ICO of an exchange that also shares their fees with the token hodlers. It's kinda like this one, without the scam part. PM me if you wanna know the name.

[JoshuaT]

I'm not defending anyone, I'm simply sharing my experience of dealing with them -

LOL.  Stop lying.  You respond to every question and negative statement about WCX, including insulting and personally attacking said questioners.

[JoshuaT]

I agree. They said they will be releasing escrow names. And you can wait till the alpha launch to invest as I am doing. Not sure what good it does folks. to cry scam with no evidence.

Yes, they said they're release escrow names while:
1.  Refusing to name the current 'escrow' agency
2.  Accepting $25K presales.


If you can't see what good waiting does, well, that's just weird.

[gintrux]

wcxofficial, you are missing on too many investors. Just reveal the details if you are not a scam and we can all go in and invest and make you & ourselves rich.