[ANN] xxxxx

[mangrooooo]

Hi guys!

Can you please help me! I cant find information about team (career, pictures, experiences...).
Its very weird that they dont exist. Therefore, there are unnecessary doubts and mistrust.
A very poor internet site, some of the worst that my eyes have ever seen. No progress in the last month.
So, I dont trust in this project and for me, with a lack of important information a month before ICO, looks like a scam.

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[Coiner_]

How about US citizens? whether the ICO is available for them? Any news about the social media campaign? When it starts?

It should be, since it's anonymous account creation and no fiat is used in the transaction.

If US residents aren't allowed, then claims of anonymous account creation are false.

You might wanna read their response to that question which has been asked before. And IIRC, you posted on that same page.

Hi guys!

Can you please help me!

You can help yourself by reading the previous pages.

I cant find information about team (career, pictures, experiences...).
Its very weird that they dont exist. Therefore, there are unnecessary doubts and mistrust.

Surpriiise! 

A very poor internet site, some of the worst that my eyes have ever seen.

I think your eyes play a huge part in that error.

No progress in the last month.
So, I dont trust in this project and for me, with a lack of important information a month before ICO, looks like a scam.

Except for Fran Strajnar becoming the escrow, the referral program being reinstated, the beta (now alpha apparently) program being closed, the... you get the point. "No progress" indeed. 

[hamnchess]

@mangrooooo no progress in month? how about 300,000 more users? read thread, take knowledge, dont complain

[Macht]

Lol is so funny all scam accusations and still 0 proof of scam. "oh yes I think its scam" "yea sure is scam", please provide proof? any thing?
in my opinion the more scam accusation, the better... look how many scam accusation poloniex , bitfinex, bittrex, get every day, -- and they making billions!
scam accusation + no proof = typical skeptical poor person way to think. make rational thinking, or dont say shit with no proof, that is just troll.

You would think that it's the other way around, but I guess you know best. What i know is that you are another sockpuppet account that was only registered to defend this project.

[Zandorek]

i have question sir.
1. Can you explain in detail intent Up to 10 times cheaper than what's already out there? If your fee is cheap, where do you benefit?
2. What coins will you release in the market later?
3. How much will you charge to trader maker and taker? What's under poloniex or bittrex?
please answer thank you

1. WCX will aim to have the lowest costs and fees of any exchange in the world. This is our driving force. We believe the very low fees as well as our laser focus on customer satisfaction, will drive a large amount of volume and liquidity which will benefit the business. Current cryptocurrency exchanges are tremendously overcharging while also mismanaging their business or running it inefficiently.

2. Base markets to start with are BTC, ETH, and USDT. You can vote for which coins and market pairs you want to see included here: https://docs.google.com/forms/d/e/1FAIpQLSdkFM1HKmTfhDeJ5Acn5hstJFi_Mcj8KIgMk7fpvOxJ2Ua5aA/viewform - you can also let us know if there are particular coins you'd like to trade by replying in this thread.

3. The taker will pay a small fee (e.g. -0.15%) and the maker will get paid, not charged, a fee (e.g. +0.05%). Currently Poloniex nets around 0.4% and Bittrex around 0.5% of every transaction, which are respectively 400% and 500% higher than what WCX intends to charge.

My suggestion is to trade also with IOP (listed at Bittrex).

[avllrl]

I'd like to reserve Filipino translation for this content.

[pikatju]

I'm excited to hear if the testing of the platform is running as planned!

[thisav]

Can't wait to see what's gonna happen.

[KokoroKlphn]

low fee exchanger???

[mangrooooo]

@mangrooooo no progress in month? how about 300,000 more users? read thread, take knowledge, dont complain

Hey man, please, dont be naive. Any proof about 300000 users??? Do you know any person who involved in this project?? With name and surname?? Im too long in this business to believe only beautiful words. If you may have noticed. Many users have already asked about people who are involved in this "project", but we have not received any answers to this day. That probably means something or not?
BTW, there is too many free tokens. This is a bad sign for me. Always.
One more thing. The fact is that the WCX ICO hard cap is hidden. How are you supposed to decide if it's a good deal if you dont know what is the ICO market cap? Faceless developers just asking for millions with huge monthly returns. Please be careful before investing money in this project

[JoshuaT]

300,000 users at 100-50 free coins each for signing up, that's....15,000,000 to 30,000,000.  And that all grew from referral, so it's probably 30,000,000 to 60,000,000 easy.

[JoshuaT]

If US residents aren't allowed, then claims of anonymous account creation are false.

You might wanna read their response to that question which has been asked before. And IIRC, you posted on that same page.

Why, did they edit their response?

Are you saying that my statement is factually incorrect?  "If US residents aren't allowed, then claims of anonymous account creation are false."

[andresmarulanda]

When and how do you announce alpha testers?

[Coiner_]

If US residents aren't allowed, then claims of anonymous account creation are false.

You might wanna read their response to that question which has been asked before. And IIRC, you posted on that same page.

Why, did they edit their response?

"Why"? Is that a serious question?

Are you saying that my statement is factually incorrect?  "If US residents aren't allowed, then claims of anonymous account creation are false."

It's a non-sequitur. Anonymity doesn't automagically imply your location is unknown.

[JoshuaT]

It's a non-sequitur. Anonymity doesn't automagically imply your location is unknown.

That's a fair point.

[JoshuaT]

"The WCX ICO will have a fixed hidden cap. 8% of tokens are reserved for the team and advisors; 5% are reserved for pre-ICO marketing and bounties; and 87% are reserved for the token sale itself (including pre-ICO bulk buyers). Bonuses will be available for early buyers."

The hidden cap is 1,000,000,000.

8% reserved for team and advisors is 80,000,000

5% reserved for pre-ico would be 50,000,000.    The whitepaper advertises 375,000 signups so far, let's figure 300,000 of those are 'valid' and got 50 tokens for signing up.  A bunch of people referred a few to a bunch of people, so let's figure 150 tokens average  (Too little?  Too high?)

150 tokens per, that's 45 million of that 50 million.   If it's 375,000 signups that's over the 50 million.

So.....all the bonuses (5% of referree's buy, 15% bonus for referred people's purchase amount) must come out of the remaining 870,000,000 tokens (minus whatever was sold pre-ico [do we have any numbers on how much that is/was?]).

Anything terribly wrong about that math?
 

[benjismarket]

Since no one else is mentioning the red flags.

• They claim to have over 300k sign-ups. Typical big-ticket ICO usually has 20k people buying tokens.
• Checking alexa, similarweb and other sources, it looks as if 50% of their traffic comes from adbtc.com. Not saying that is bad, but, when they claimed to have 250k sign ups,
   we checked their visitor numbers, and it was around 400k visitors total at the time. Knowing adbtc, maybe 1% of the people using that service would actually do something on the sites they get paid to visit. so, 50% of traffic = 200k people. 10% (being generous) = 20k people signing up. From the other 200k visitors, most likely half are repeat visits. Even though it would most likely be 80% repeats. That left 100k possible unique visitors. Very few people actually sign up for things that involves giving out their email. Let's be nice, and say 50% of unique visitors signed up (more like 5% max). Then that leaves 50K sign ups. Add the 50k plus 20k. They should only have 70k signups max, when they were saying 250k. That was just a few weeks ago.
• Their main box showing dividend payouts gives an average daily volume of 1 billion as the default. Trickery. The highest average is around 500mill right now, and that is for well know exchanges. If you research new exchanges starting out, they average around 5-50 million daily and would take a year or two to get higher. There just wouldn't be good enough volume to be attractive
• Cheaper fees, 10%! 10% of 1% is 0.1%. The average fees on exchanges are around 0.15%-0.25%. So... 0.05% cheaper... Plus, less fees, less services they can provide. 
• No pictures of your platform. Alpha limited to 5000 people, who are probably fake people. Whats the issue releasing to everyone. O, I know. You have a pre-sale and will just keep collecting money till you can pay to build something. Or, their response would probably be, "our system can only handle 5000k connections for testing"...

Overall, the numbers don't add up, either they lie or haven't done actual research. I've asked the wcex for proof of their 300k+ signups.. No response. My suggestion, wait to see their platform before buying anything. Someone prove me wrong, would still wait to see their platform.

** I am working on another team for a similar better project, I may be a little bias, but the information provided can be found easily, called g o o g l e. **

[Coiner_]

Since no one else is mentioning the red flags.

• They claim to have over 300k sign-ups. Typical big-ticket ICO usually has 20k people buying tokens.

- If you took time to read through the thread rather than dumping your text wall you'd have seen you're not the first with these accusations.
- Do you have any evidence against the number of sign ups or are you just flinging poop hoping it sticks?

• Checking alexa, similarweb and other sources, it looks as if 50% of their traffic comes from adbtc.com. Not saying that is bad, but, when they claimed to have 250k sign ups

Actually, Alexa puts adbtc.top at 14.2% and google.com at 10.7% so you're gonna have to do better than that:



Similarweb does put adbtc (a site with over 250K users) close to 50% but this...

when they claimed to have 250k sign ups, we checked their visitor numbers, and it was around 400k visitors total at the time. Knowing adbtc, maybe 1% of the people using that service would actually do something on the sites they get paid to visit. so, 50% of traffic = 200k people. 10% (being generous) = 20k people signing up. From the other 200k visitors, most likely half are repeat visits. Even though it would most likely be 80% repeats. That left 100k possible unique visitors. Very few people actually sign up for things that involves giving out their email. Let's be nice, and say 50% of unique visitors signed up (more like 5% max). Then that leaves 50K sign ups. Add the 50k plus 20k. They should only have 70k signups max, when they were saying 250k. That was just a few weeks ago.

...is evidence-free gibberish.

• Their main box showing dividend payouts gives an average daily volume of 1 billion as the default. Trickery. The highest average is around 500mill right now, and that is for well know exchanges. If you research new exchanges starting out, they average around 5-50 million daily and would take a year or two to get higher. There just wouldn't be good enough volume to be attractive

Trickery? Really? Setting a select dropdown to your expected daily trading volume is trickery? Fascinating.

As for your "5 - 50 million", Binance is probably the most (only?) notable new exchange and I've never seen it at or below $60M.

• Cheaper fees, 10%! 10% of 1% is 0.1%. The average fees on exchanges are around 0.15%-0.25%. So... 0.05% cheaper... Plus, less fees, less services they can provide.

That is the most inane non-sequitur I've seen on this thread in a while. Good job.

• No pictures of your platform. Alpha limited to 5000 people, who are probably fake people. Whats the issue releasing to everyone. O, I know. You have a pre-sale and will just keep collecting money till you can pay to build something. Or, their response would probably be, "our system can only handle 5000k connections for testing"...

So to summarize your rehashed words that have already been plastered throughout this thread: you have nothing.

Overall, the numbers don't add up, either they lie or haven't done actual research. I've asked the wcex for proof of their 300k+ signups.. No response. My suggestion, wait to see their platform before buying anything. Someone prove me wrong, would still wait to see their platform.

Um, no. You're the one that has the BoP. Flinging accusations left, right and center and asking someone to prove you wrong is not gonna fly.

** I am working on another team for a similar better project, I may be a little bias, but the information provided can be found easily, called g o o g l e. **

Of course you are!   And yours is 100% legit, right? Adorable.

[rumax]

@mangrooooo no progress in month? how about 300,000 more users? read thread, take knowledge, dont complain

Hey man, please, dont be naive. Any proof about 300000 users??? Do you know any person who involved in this project?? With name and surname?? Im too long in this business to believe only beautiful words. If you may have noticed. Many users have already asked about people who are involved in this "project", but we have not received any answers to this day. That probably means something or not?
BTW, there is too many free tokens. This is a bad sign for me. Always.
One more thing. The fact is that the WCX ICO hard cap is hidden. How are you supposed to decide if it's a good deal if you dont know what is the ICO market cap? Faceless developers just asking for millions with huge monthly returns. Please be careful before investing money in this project

We will look at the product that they will provide for testing! But I also do not really like free distribution for attracting new users, in fact, interest should be on the quality of the product and not on getting a freebie! While watching the project!

[MrLitex]

@mangrooooo no progress in month? how about 300,000 more users? read thread, take knowledge, dont complain

Hey man, please, dont be naive. Any proof about 300000 users??? Do you know any person who involved in this project?? With name and surname?? Im too long in this business to believe only beautiful words. If you may have noticed. Many users have already asked about people who are involved in this "project", but we have not received any answers to this day. That probably means something or not?
BTW, there is too many free tokens. This is a bad sign for me. Always.
One more thing. The fact is that the WCX ICO hard cap is hidden. How are you supposed to decide if it's a good deal if you dont know what is the ICO market cap? Faceless developers just asking for millions with huge monthly returns. Please be careful before investing money in this project

We will look at the product that they will provide for testing! But I also do not really like free distribution for attracting new users, in fact, interest should be on the quality of the product and not on getting a freebie! While watching the project!

Yes, but they get a bunch of primary themed users. This is also great and a good start for the project.