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Author Topic: https://wccstandards.com Self Regulation Ethical Cryptocurrency platform  (Read 648 times)
Av Murat (OP)
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January 21, 2019, 11:48:53 AM
Last edit: March 05, 2019, 12:13:12 PM by Av Murat
 #1

https://wccstandards.com

HOW CAN WE GET OVER DISTRUST ISSUES COVERING THE CRYPTOCURRENCY WORLD.

World CryptoCurrency Standards (WCCS) has maintained an online platform in order to bring worldwide ethical standards to the crypto world.
It has been 10 years since humanity met the first ever decentralized digital currency; can be sent from user-to-user on the peer-to-peer network without intermediaries, verified by network nodes through cryptography and recorded in a growing list of records called blocks.
Since then, thousands of actors flew into this revolutionary new technology, establishing and growing a huge new eco system.
The most intelligent human brains of the Earth are working on blockchain projects to present valuable solutions to real life problems. However all those efforts are mostly considered to be suspicious. Insiders and outsiders of the community are in a wait and see mode. Fintechs are expressing their blockchain investments as cryptocurrency-free to impress the financial eco-system as a reliable investor and developer. Staggered crypto startups have almost gone broke. Wings are broken. Actors of the crypto world now compulsorily in a trend of cheating themselves as expressing they are focused on the blockchain technology rather than cryptocurrency.
But could this be possible, really?  Can we depart the terms cryptocurrency and blockchain. Not really! The term Cryptocurrency is covering many sub-terms. Bitcoin, Altcoins, Coins and Tokens. To maintain a blockchain project which is not and will not be a payment system, will not make it positioned somewhere out of cryptocurrency. Let’s face this first. There is no possibility of blockchain technology solutions to the reallife problems without tokenization and decentralization. People need to work in peace, in focus, in belief, in dedication to reach out their goals. So what do we need ?
We need to build trust and get over distrust issues covering the cryptocurrency world.
First step, we need to diagnose the illness to exercise the cure and to get-well.
What was the first and most influencing digital currency promising?  Which fundamentals were constituted ? How a future shaping technology shortly recognized as an economic bubble?  Why the whole eco-system is criticized for its use in illegal transactions, price volatility, thefts from exchanges?
Well, among the terms  - peer to peer, open ledger, open-source software, crypto wallets, mining, ownership, transaction, exclusion of intermediaries, timestamping -  the appealing nature of anonymity soon became the achilles heel of the whole.
Here, we shall not focus on how cryptocurrency payment systems are used for illegal transactions. It is governments’ fault. If you can’t control deep/dark web activities, crimes and vendors, cursing the anonymity feature of digital asset ownership will not solve your problems.
We need to focus how “anonymity” is twisted. Anonymity in crypto world is that the cryptocurrency within a wallet is not tied to people, but  rather than to one or more specific keys. And it should have stayed that way. However huge percent of developpers and owners of Coins, Tokens, Icos, Markets and Service Providers hid themselves under the magic anonymity.
An ico development is a business formation – asking and collecting fiat currency money from people in order to advance a blockchain project requires responsibility. Owning and running an exchange market requires responsibility. Almost none of them are recognized with their ownership records.  They are all hidden under anonymity. Worse, fastly growing eco-system accepted this formation. The charm of multiplying their assets fastly though exchanges added unquestioning millions to the crypto world.  
Prices are manupulated,  volumes are speculated, transactions are hacked, exchanges were theft  under the mist of anonymity.
People very lately found out that no contact, no real-person were addressed in almost none of the Icos and excgange markets. And even if they found a door to apply, no one was answering the door when they knocked. Nobody cared whose investment is gone forever to where. Little savings of those  - who were dreaming to get rich by investing to a future technology on the first row - were gone or melted down throughout the process.
Unfortunately this twisted formation still holds.
For a bright future of cryptocurrency, this needs to change first.

World CryptoCurrency Standards (WCCS) has maintained an online platform in order to bring worldwide ethical standards of business to the crypto world.

In https://wccstandards.com , WCCS platform provides Licence to the transparent and dedicated cryptocurrency blockchain projects of the crypto world.
Icos, Markets, Service Providers, Coins/Tokens are presented questionaries according to their formations as soon as they register themselves to the platform and apply for the suitable Licence type for them.
The fundamentals of the questionaries are promoting transparency on ownership and contact informations, project whitepaper and timeline relevance, software and technology structures and security / insurance policies of the crypto actors.
According to the informations provided through questionaries, applicant receives their Licence, and maybe not.  
Moreover the answers provided will be open to everybody who signs up / registers themselves to the platfortm – anytime, anywhere.
Licencees then are required to refresh the information they provided on monthly bases. Any misinformation, any speculation, any intensitivity to an investor complaint shall be issued from a  Licence hold to  Licence cancellation.

The developpers of WCCS are a - blockchain and cryptocurrency enthusiast - attorney at law team on the core. They have / had no relationship of interest or conflict with no ever cryptocurrency individual in their history. And this is a great advantage that the crypto world - i truely believe – needs those kind of people and platforms in order to step into a self regulating transparency process. We need to judge and build our own faith with a little help and leadreship of platforms like this.
With this platform we will have a choice to invest into projects and markets who make themselves clear by means of contact information, software and technology standards, whitepaper relevancy, timeline announcements, and security policy.
The platform will be chasing down the investors complaints and will take action against fraud.
Oh please tell me what else would we ask at this point where we are stuck into distrust issues and holding still, and waiting whether we will see governmental regulations or governmental cryptocurrencies will take place and will take us to the big brother’s world...
WCCS asks no fee to first signup, and there considered to be no fee for platform users. So I do advice you to check the platform – wccstandards.com -  and signup as soon as possible, and check back frequently to have an eye on to whom you are confiding when you decide to invest into any crypto world actor.

https://wccstandards.com

https://youtu.be/QRcTGdVVHs0

https://twitter.com/WCCStandards

https://t.me/wccstandard

WE ALWAYS WAIT FOR YOUR SUGGESTIONS ABOUT WCCSSTANDARTS.COM; https://wccstandards.com/suggestions

We ask the experts in the field of Cryptocurrency to select their areas of expertise at the link below and send their CVs to us. https://wccstandards.com/committies

Best regards,


 
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January 21, 2019, 08:25:02 PM
 #2

I reviewed the http://wccstandards.com platform. It is an amazing and innovative platform for the crypto exchanges, tokens and ICOs who think that they work honestly, transparently and without cheating. Best of luck
Av Murat (OP)
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January 21, 2019, 09:15:52 PM
Last edit: January 23, 2019, 06:43:57 AM by Av Murat
 #3

I reviewed the http://wccstandards.com platform. It is an amazing and innovative platform for the crypto exchanges, tokens and ICOs who think that they work honestly, transparently and without cheating. Best of luck

Thank you!

https://wccstandards.com/committies

WCCS committees are as follows;
1.   Artificial Intelligence
2.   Independent disciplinary committee
3.   Independent legal group
4.   Independent editorial team.
5.   Independent rating editors
6.   Human resources
7.   CC software technical committee
8.   CC awards committee
9.   Licensing partners.

Best,
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January 21, 2019, 09:21:53 PM
 #4

My first reaction was “Who are these?”. I was surprised to see that an independent lawyer with 25 years of experience in copyrights has created a platform for ethical standards. I think it is very good if perchance this lawyer is outsider of the system, in other words not the lawyer of a group.
Because I think that a platform designed by an independent law office instead of players or groups in the system is more reliable.

───────    ️MyCryptoParadise (https://mycryptoparadise.com//)─────
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Av Murat (OP)
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January 21, 2019, 09:30:43 PM
Merited by eddie13 (1)
 #5

My first reaction was “Who are these?”. I was surprised to see that an independent lawyer with 25 years of experience in copyrights has created a platform for ethical standards. I think it is very good if perchance this lawyer is outsider of the system, in other words not the lawyer of a group.
Because I think that a platform designed by an independent law office instead of players or groups in the system is more reliable.


Hi Commandante,

Very briefly; Coins, Tokens, Exchange Markets, Icos and Service Providers register themselves to the platform. They fill questionaries that mainly focus on their contact, timeline, technology and security policy informations. There are about 30 + questions. Those forms are evaluated by the platform and applicants then presented their WCCS Licences (which doesn’t mean every applicant will be merited with a licence ) . Information they have provided will be open to public just only if they signup to the platform. Everymonth forms are required to be refilled. Any misinformation, any ignoring to investor complaints , Licence is taken on hold, or maybe terminated. All processes are open to signed up public.  Simple as that !

WCCS is newly established by a Copyright - Trademark – Patent experienced Attorneys under the leadreship of cryptocurrency and blockchain enthusiast Attorney at Law Murat Turhan. They are also bringing together a hell of a consultant team coming from the veins of cryptocurrency and blockchain.

https://wccstandards.com – is neat, clarifying, identifying and transparent.
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January 22, 2019, 07:53:31 AM
 #6

I really liked your project. Best of luck.
Av Murat (OP)
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January 22, 2019, 08:18:06 AM
 #7

I really liked your project. Best of luck.

Hi Alexjustin222,

Thank you!

We ask the experts in the field of Cryptocurrency to select their areas of expertise at the link below and send their CVs to us.

https://wccstandards.com/committies

Best !
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January 22, 2019, 10:42:58 AM
 #8

Do the trillion dollar funds have trust in cryptocurrency system? Or does your neighbor trust? Do your friends trust? The trust issue could only be solved by the correct information provided by the players in the system.

You announced that the licenses of the tokens and exchanges that do not provide correct information or do not solve the legitimate client complaints will be stopped. Here, the objection model to the independent disciplinary committee is brilliant. Just as NBA, FIFA and UEFA. Self-regulation system is being discussed for 1.5 years and the best model I have seen so far is http://wccstandards.com platform.  You can take part in the committees. I have applied by sending my CV to be an independent rating editor from https://wccstandards.com/committies section, I hope to be accepted.

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2 Millions Orders/s ▸ Public Sale starts on May 03 2019◂
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January 22, 2019, 11:28:26 AM
 #9

Do the trillion dollar funds have trust in cryptocurrency system? Or does your neighbor trust? Do your friends trust? The trust issue could only be solved by the correct information provided by the players in the system.

You announced that the licenses of the tokens and exchanges that do not provide correct information or do not solve the legitimate client complaints will be stopped. Here, the objection model to the independent disciplinary committee is brilliant. Just as NBA, FIFA and UEFA. Self-regulation system is being discussed for 1.5 years and the best model I have seen so far is http://wccstandards.com platform.  You can take part in the committees. I have applied by sending my CV to be an independent rating editor from https://wccstandards.com/committies section, I hope to be accepted.


Dear Spaceshuttle987,

Thank you for applying to the committees. Your CV will be examined and you will be informed as soon as possible.
Also your comment is incredible. I will share this comment with the WCCS ethics certification team.

WE ALWAYS WAIT FOR YOUR SUGGESTIONS ABOUT WCCSSTANDARTS.COM; https://wccstandards.com/suggestions

Best regards,
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January 22, 2019, 04:56:57 PM
 #10

How does your site work? How you verify every project?
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January 22, 2019, 08:30:21 PM
 #11

Hi,

I am new here and just read about this great project, It`s really good.Best of luck.
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January 23, 2019, 12:03:04 AM
 #12

How does your site work? How you verify every project?

Dear Format.C^,

Let's look at the functions of Wccstandards.com (platform) briefly before answering these questions.
 
Basic functions of Wccstandards.com                                               Platform features    

Mediates complaints.                                                                            Automatically done via system   

Explains the question forms that are answered by the Licensee                Licensees fills in the answers   

Announces Ratings Notes                                                                       Independent rating editors provide ratings on monthly forms filled out by licensees.
                                                                                                          To be an independent rating editor please apply from the link below;
                                                                                                          https://wccstandards.com/committies
                                                                                                          Rating system in the near future will be made according to Blockchain software and
                                                                                                          open book rule. An award-winning competition will be held on the platform and the 
                                                                                                          announcement page of the platform and social media accounts will be announced.
                                                                                                          There are independent editors working on the rating system.
                                                                                                          The grading system will soon be described on the platform.   

Case of licensees not filling out the monthly form                                    The platform warns of a final reminder. If the monthly form is not filled despite this
                                                                                                           warning, the license is stopped.
 
Case of Licensee submitting unreal information                                        If it is understood from complaints, or from public information received that the
                                                                                                           licensees provide unreal information, the Platform will stop the license. The Licensee
                                                                                                           shall have the right to challenge the independent disciplinary committee against this
                                                                                                           decision. The decision of the Independent Disciplinary Committee will be accepted by
                                                                                                           both the platform and licensee.
                                                                                                           To become an independent disciplinary committee member, please apply from the
                                                                                                           link below;
                                                                                                           https://wccstandards.com/committies

Case of license application turned down.                                                 License applications will be reviewed by the Platform. For example, ICOs that do not
                                                                                                           have a trust and escrow agreement will not be accepted. ICOs have the right to
                                                                                                           access the collected coins and they will be suitable for road maps and with the
                                                                                                           explanations of the audit reports.  A careful filter examination will be carried out
                                                                                                           during the examination phase. Additional information and documents will be
                                                                                                           requested after the application. Applications of poor quality, suspicious projects will
                                                                                                           not be accepted. Those whose applications are not accepted have the right to apply
                                                                                                           to the independent disciplinary committee. To become an independent disciplinary
                                                                                                           committee member, please apply from the link below;
                                                                                                           https://wccstandards.com/committies
 
WCCS committees are as follows;
1.   Artificial Intelligence
2.   Independent disciplinary committee
3.   Independent legal group
4.   Independent editorial team.
5.   Independent rating editors
6.   Human resources
7.   CC software technical committee
8.   CC awards committee
9.   Licensing partners.
We ask the experts in the field of Cryptocurrency to select their areas of expertise at the link below and send their CVs to us.
 
https://wccstandards.com/committies
 
In summary; there are only two issues at the discretion of the platform, and these are the acceptance or rejection decisions of the license application. Since there is a right to apply to the disciplinary committee against both decisions as described above, means that there is no decision of the platform which is outside the control of the independent disciplinary committee that it decides on its own initiative. As a result, it is clear that the Platform itself is reliable because of its transparent and predictable rules. The fact that the founders of the platform are also a lawyer and an architect and are equally close to Cryptocurrency players is not a disadvantage but should be considered as an advantage. However, the trust issue has been overcome by ensuring that almost all decisions of the platform are under the supervision of an independent disciplinary committee.
 
What will the WCCSTANDARDS.com ethics standards be used for in the cryptocurrency field?
 
For answers to this question, please read the explanations on the links below where you will find detailed information;
https://wccstandards.com/page/what-is-wccs
https://wccstandards.com/page/what-are-wccs-standards-in-short
https://wccstandards.com/page/why-wccs
 
Please do not hesitate to contact me if you require further information about WCCS project. 
Best,




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January 23, 2019, 12:11:14 AM
 #13

Hi,

I am new here and just read about this great project, It`s really good.Best of luck.

Thank you!
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January 23, 2019, 10:20:16 AM
 #14

How do you prevent unfair competition in the crypto world?
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January 23, 2019, 11:22:41 AM
 #15

How do you prevent unfair competition in the crypto world?

Hi,

We’d like you to take a moment to watch our explainer video here https://youtu.be/QRcTGdVVHs0
 
1.    What are the Purposes of WCCStandards.com ?
WCCStandards.com is established in order to; 
 
1.    Provide equal simultaneous access to basic information - of CryptoCurrencies, Tokens, Icos, Markets and Service Providers -for everyone in the cryptocurrency world. By means of their ownership status, progression through timeline, transparency and technology policies.
2.    To prevent unfair competition in the cryptocurrency world,
3.    To be an intermediary between Licensees and Investors in case of Customer or Investor complaints.
4.    Determining the commercial ethics of the cryptocurrency eco-system by taking the reviews of the whole cryptocurrency system into consideration.
5.    Organizing the best of cryptocurrency awards for the cryptocurrency world. To honor the -ownership and timeline- transparent projects with the votes of the Crypto eco-system.
6.    Fighting against some social media influencers, - and their speculating and manipulating actions - who call the cryptocurrency world a bubble; Taking legal actions through complaints, in line with the unique, independent and free principles of the cryptocurrency world.
7.    Delivering the Insurance Policy Coins Project.
Distribution of the protection coins to small investors to mitigate their losses in cases of Ico frauds or market trading frauds. The coin that will be created or selected for this goal (small investor protection coins) will be determined by WCCStandards.com until October 31st 2020, based on the opinions of investors and licensees through the platform, and the upper limit of small investor protection coins to be distributed to losing small investors will be determined by the work to be carried in this period and will be announced.
Following the announcement to be made by WCCStandards.com until October 31st 2020, the small investor protection coins will be valid, and will not cover incidents before the announcement. Small investor protection coins will only cover the investments of small investors associated with WCCStandards.com Licensees and will not cover losses due to CCs  that are not licensed by WCCStandards.com. The upper limits and percentages of losses to be covered will be publicly announced.

2.    What services will the WCCS provide in order to achieve its 7 main purposes specified above, and what functions will the platform carry out?

2.1. Issuing WCCS Licenses to Crypto Exchanges (Markets), Cryptocurrencies, ICOs and the Service Providers of the CC world (each one will be referred to as the "licensee"), "decentralized" cryptocurrencies and service providers are voluntarily licensed3  by the WCCStandards.com’s independent legal group under the "direct administration of rights not privately owned" policy. If there are voluntarily established foundations or associations or voluntary platforms to monitor the rights of decentralized CCs/Tokens or to solve their problems, an offer is extended to these organizations before the decision of the WCCS’s  independent legal group. If this voluntary foundations or platforms don't apply for licenses in a reasonable period of time, the WCCS.COM independent legal group issues voluntary licenses  4to decentralized cryptocurrencies and service providers under the "direct administration of rights not privately owned." In case the subject group does not wish to obtain the license after the license has been granted, the license will be able to be transferred to the subject group with the decision of the independent legal group.

2.2. WCCStandards.com platform offering the licenses described below individually to the value of the entire CC world;

Cryptocurrency Token and Coin License for “Cryptocurrency tokens and coins”
Cryptocurrency Market License for “Cryptocurrency markets”
Cryptocurrency ICO License for “Cryptocurrency ICO’s”
Cryptocurrency SP License for “Cryptocurrency service providers”

2.3. According to the License Agreement that the Licensees will accept online; the form containing the basic (important and indispensable) information prepared by WCSS is disclosed on the "WCCStandards.com Platform" each month, based on the date and time counter. Every month, the standard important and basic information in the CC world is disclosed to the public, and everyone accesses the license information in an equal, transparent manner. This protects the right of equal and simultaneous access to information. The monthly disclosures of "decentralized" licensees are announced by the WCCStandards.com’s independent editorial team. If, as described in Article 2.1, there are foundations or associations or voluntary platforms established voluntarily with the purpose of protecting the rights or resolving the problems of decentralized CCs, and if they wish to obtain a license, then the license shall be transferred in the manner described in Clause 2.1, and the basic form in the platform is directly filled by the subject voluntary foundation or organization.

2.4. Almost none of the Cryptocurrencies, Markets, Service Providers and ICOs in the crypto world (henceforth collectively referred to as CC) are sharing the basic and necessary information ever or on time; because they are not subject to a direct legislation.  WCCStandards.com (WCCS) grants an online license to CCs for disclosing the basic and necessary  information on monthly basis on the WCCStandards.com platform. According to the License Agreement, the Licensee CCs mandatorily disclose and upload the Monthly Standard Form to the platform -equipped with a date and time counter - on monthly basis. Every individual accesses this information equally on the announced time.  Mandatorily according to the license agreement; incase of any sudden and dramatic change in basic and fundamental information provided on timeline, the CC publishes the Emergency Development Form within at most 48 hours and discloses and uploads to the platform equipped with a date and time counter - Finally, CC will have the right to publish and announce important commercial developments by filling out the Commercial Development Announcement Form. 

2.5. WCCS suspends or terminates the license that it granted in case the terms of the license agreement have not been fulfilled (especially if the basic information and statements contained in the Monthly Standard Forms are understood to be untrue based on strong suspicion).  Untrue statements don't have and must not have any place in the crypto world. CC has the right to appeal the "license suspension or termination ruling" through the method and within the period specified in the WCCS Platform Disciplinary Rules.

Since the monthly statements of decentralized licensees are disclosed by the WCCStandards.com’s independent legal team, if untrue information contained in these explanations is due to the independent legal team, the members of the independent legal team shall be replaced. If the problem is not due to the team but to the decentralized system itself, WCCStandards.com shall suspend or terminate the license of the decentralized licensee. The WCCS’s  independent legal  team or third persons who have interests affected by the ruling have the right to appeal the license suspension or termination ruling  through the method and within the period specified in the WCCS Platform Disciplinary Rules.

2.6. WCCS independent rating editors shall disclose the rating notes related to the information contained in the "Monthly Standard Form" that will be presented by each CC on a monthly basis, latest the end of a 96-hour period.

2.7. Customers or investors can share their requests or complaints concerning the WCCS.COM licensee CC with the licensee CC through the WCSS platform. This will allow directly monitoring whether the provisions of the WCCS.COM license agreement are violated.  One of WCCS' main objectives is to ensure that licensees rapidly resolve the customers' or investors' rightful complaints. Complaints about decentralized licensees are subject to a preliminary review by the WCCS.COM independent editorial team. In cases where it is not possible to resolve the complaints and requests, the applicant shall be notified about this issue, but if there is a possibility of resolving the complaint and request, proposals shall be made about the actions to be taken by the applicant. And/or if the decentralized licensee is a platform, and platform administrators are available, the complaints and requests shall be forwarded to the platform administrator.

2.8. WCCS will also monitor the legal actions (including reporting, filing complaints and initiating lawsuits) that are necessitated by the speculative actions of Financial Institutions or Bureaucrats (including persons and institutions) who aim to lower CC prices or destroy the CC world by speculatively denouncing the CC world as "bubble" etc., based on the authority granted by CCs in the license agreement. (Note: This authority will be granted by the CC optionally, any CC that wishes may grant this authority, and the legal actions specified in this section will be carried out on behalf and in the name of the CCs that grant the authorization against the relevant institutions or persons.)

2.9. Beginning from January 2020, WCCS shall annually select the BEST OF CCs in different sectors of the cryptocurrency world with platform members’ votes and shall announce the results within the last quarter of each year.  WCCS encourages fair competition.

2.10. WCCS  is a free, independent and transparent platform that aims to protect the diversity and richness of the CC world, to allow the CC world to grow more reliably and efficiently.
Please do not hesitate to send any inquiries to licence@wccstandards.com about Licence application process.
Any suggestion or expectation is welcomed to suggest@wccstandards.com

https://wccstandards.com/home

Best
sabbir2
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January 23, 2019, 05:03:40 PM
 #16

WCCS brilliantly maintains the valuation of crypto world which is really praise worthy.
Alfredbolk
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January 23, 2019, 06:34:57 PM
Last edit: January 23, 2019, 07:11:28 PM by Alfredbolk
 #17

How WCCS do solves the trust issues of crypto system?

❰ ❰ ❰ ❰ ❰ ❰ ❰ ❰ ❰ ❰ ❰ FREELANEX ❱ ❱ ❱ ❱ ❱ ❱ ❱ ❱ ❱ ❱ ❱
▬▬▬❰BLOCKCHAIN MEETS FREELANCERS' NEEDS❱▬▬▬▬
Alexjustin222
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January 23, 2019, 07:07:38 PM
 #18

How do you prevent unfair competition in the crypto world?

Hi,

We’d like you to take a moment to watch our explainer video here https://youtu.be/QRcTGdVVHs0
 
1.    What are the Purposes of WCCStandards.com ?
WCCStandards.com is established in order to; 
 
1.    Provide equal simultaneous access to basic information - of CryptoCurrencies, Tokens, Icos, Markets and Service Providers -for everyone in the cryptocurrency world. By means of their ownership status, progression through timeline, transparency and technology policies.
2.    To prevent unfair competition in the cryptocurrency world,
3.    To be an intermediary between Licensees and Investors in case of Customer or Investor complaints.
4.    Determining the commercial ethics of the cryptocurrency eco-system by taking the reviews of the whole cryptocurrency system into consideration.
5.    Organizing the best of cryptocurrency awards for the cryptocurrency world. To honor the -ownership and timeline- transparent projects with the votes of the Crypto eco-system.
6.    Fighting against some social media influencers, - and their speculating and manipulating actions - who call the cryptocurrency world a bubble; Taking legal actions through complaints, in line with the unique, independent and free principles of the cryptocurrency world.
7.    Delivering the Insurance Policy Coins Project.
Distribution of the protection coins to small investors to mitigate their losses in cases of Ico frauds or market trading frauds. The coin that will be created or selected for this goal (small investor protection coins) will be determined by WCCStandards.com until October 31st 2020, based on the opinions of investors and licensees through the platform, and the upper limit of small investor protection coins to be distributed to losing small investors will be determined by the work to be carried in this period and will be announced.
Following the announcement to be made by WCCStandards.com until October 31st 2020, the small investor protection coins will be valid, and will not cover incidents before the announcement. Small investor protection coins will only cover the investments of small investors associated with WCCStandards.com Licensees and will not cover losses due to CCs  that are not licensed by WCCStandards.com. The upper limits and percentages of losses to be covered will be publicly announced.

2.    What services will the WCCS provide in order to achieve its 7 main purposes specified above, and what functions will the platform carry out?

2.1. Issuing WCCS Licenses to Crypto Exchanges (Markets), Cryptocurrencies, ICOs and the Service Providers of the CC world (each one will be referred to as the "licensee"), "decentralized" cryptocurrencies and service providers are voluntarily licensed3  by the WCCStandards.com’s independent legal group under the "direct administration of rights not privately owned" policy. If there are voluntarily established foundations or associations or voluntary platforms to monitor the rights of decentralized CCs/Tokens or to solve their problems, an offer is extended to these organizations before the decision of the WCCS’s  independent legal group. If this voluntary foundations or platforms don't apply for licenses in a reasonable period of time, the WCCS.COM independent legal group issues voluntary licenses  4to decentralized cryptocurrencies and service providers under the "direct administration of rights not privately owned." In case the subject group does not wish to obtain the license after the license has been granted, the license will be able to be transferred to the subject group with the decision of the independent legal group.

2.2. WCCStandards.com platform offering the licenses described below individually to the value of the entire CC world;

Cryptocurrency Token and Coin License for “Cryptocurrency tokens and coins”
Cryptocurrency Market License for “Cryptocurrency markets”
Cryptocurrency ICO License for “Cryptocurrency ICO’s”
Cryptocurrency SP License for “Cryptocurrency service providers”

2.3. According to the License Agreement that the Licensees will accept online; the form containing the basic (important and indispensable) information prepared by WCSS is disclosed on the "WCCStandards.com Platform" each month, based on the date and time counter. Every month, the standard important and basic information in the CC world is disclosed to the public, and everyone accesses the license information in an equal, transparent manner. This protects the right of equal and simultaneous access to information. The monthly disclosures of "decentralized" licensees are announced by the WCCStandards.com’s independent editorial team. If, as described in Article 2.1, there are foundations or associations or voluntary platforms established voluntarily with the purpose of protecting the rights or resolving the problems of decentralized CCs, and if they wish to obtain a license, then the license shall be transferred in the manner described in Clause 2.1, and the basic form in the platform is directly filled by the subject voluntary foundation or organization.

2.4. Almost none of the Cryptocurrencies, Markets, Service Providers and ICOs in the crypto world (henceforth collectively referred to as CC) are sharing the basic and necessary information ever or on time; because they are not subject to a direct legislation.  WCCStandards.com (WCCS) grants an online license to CCs for disclosing the basic and necessary  information on monthly basis on the WCCStandards.com platform. According to the License Agreement, the Licensee CCs mandatorily disclose and upload the Monthly Standard Form to the platform -equipped with a date and time counter - on monthly basis. Every individual accesses this information equally on the announced time.  Mandatorily according to the license agreement; incase of any sudden and dramatic change in basic and fundamental information provided on timeline, the CC publishes the Emergency Development Form within at most 48 hours and discloses and uploads to the platform equipped with a date and time counter - Finally, CC will have the right to publish and announce important commercial developments by filling out the Commercial Development Announcement Form. 

2.5. WCCS suspends or terminates the license that it granted in case the terms of the license agreement have not been fulfilled (especially if the basic information and statements contained in the Monthly Standard Forms are understood to be untrue based on strong suspicion).  Untrue statements don't have and must not have any place in the crypto world. CC has the right to appeal the "license suspension or termination ruling" through the method and within the period specified in the WCCS Platform Disciplinary Rules.

Since the monthly statements of decentralized licensees are disclosed by the WCCStandards.com’s independent legal team, if untrue information contained in these explanations is due to the independent legal team, the members of the independent legal team shall be replaced. If the problem is not due to the team but to the decentralized system itself, WCCStandards.com shall suspend or terminate the license of the decentralized licensee. The WCCS’s  independent legal  team or third persons who have interests affected by the ruling have the right to appeal the license suspension or termination ruling  through the method and within the period specified in the WCCS Platform Disciplinary Rules.

2.6. WCCS independent rating editors shall disclose the rating notes related to the information contained in the "Monthly Standard Form" that will be presented by each CC on a monthly basis, latest the end of a 96-hour period.

2.7. Customers or investors can share their requests or complaints concerning the WCCS.COM licensee CC with the licensee CC through the WCSS platform. This will allow directly monitoring whether the provisions of the WCCS.COM license agreement are violated.  One of WCCS' main objectives is to ensure that licensees rapidly resolve the customers' or investors' rightful complaints. Complaints about decentralized licensees are subject to a preliminary review by the WCCS.COM independent editorial team. In cases where it is not possible to resolve the complaints and requests, the applicant shall be notified about this issue, but if there is a possibility of resolving the complaint and request, proposals shall be made about the actions to be taken by the applicant. And/or if the decentralized licensee is a platform, and platform administrators are available, the complaints and requests shall be forwarded to the platform administrator.

2.8. WCCS will also monitor the legal actions (including reporting, filing complaints and initiating lawsuits) that are necessitated by the speculative actions of Financial Institutions or Bureaucrats (including persons and institutions) who aim to lower CC prices or destroy the CC world by speculatively denouncing the CC world as "bubble" etc., based on the authority granted by CCs in the license agreement. (Note: This authority will be granted by the CC optionally, any CC that wishes may grant this authority, and the legal actions specified in this section will be carried out on behalf and in the name of the CCs that grant the authorization against the relevant institutions or persons.)

2.9. Beginning from January 2020, WCCS shall annually select the BEST OF CCs in different sectors of the cryptocurrency world with platform members’ votes and shall announce the results within the last quarter of each year.  WCCS encourages fair competition.

2.10. WCCS  is a free, independent and transparent platform that aims to protect the diversity and richness of the CC world, to allow the CC world to grow more reliably and efficiently.
Please do not hesitate to send any inquiries to licence@wccstandards.com about Licence application process.
Any suggestion or expectation is welcomed to suggest@wccstandards.com

https://wccstandards.com/home

Best
Thank You Very Much For Your Reply.
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January 23, 2019, 07:18:47 PM
 #19

WCCS brilliantly maintains the valuation of crypto world which is really praise worthy.

Thanks !
Av Murat (OP)
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January 23, 2019, 07:29:41 PM
 #20

How WCCS do solves the trust issues of crypto system?

Hi,

WHAT DO WE NEED TO MAINTAIN A RELIABLE, HEALTHY GROWING CRYPTOCURRENCY ECOSYSTEM ?
We need to maintain trust !
We need to ask the actors of the crypto world to put their characters and competence.
We need to ask their transparency, intent, integrity, capability, reputation .
We need to distinguish the honesty, fairness, authenticity, dedication, skill and performance among frauds.

World CryptoCurrency Standards ( WCCS ) is delivering a pure and stabile online platform for this purpose.

Very briefly; Coins, Tokens, Exchange Markets, Icos and Service Providers register themselves to the platform. They fill questionaries that mainly focus on their contact, timeline, technology and security policy informations. There are about 30 + questions. Those forms are evaluated by the platform and applicants then presented their WCCS Licences (which doesn’t mean every applicant will be merited with a licence ) . Information they have provided will be open to public just only if they signup to the platform. Everymonth forms are required to be refilled. Any misinformation, any ignoring to investor complaints , Licence is taken on hold, or maybe terminated. All processes are open to signed up public.  Simple as that !

Their newly born online platform – WCCStandards.com – is neat, clarifying, identifying and transparent.
WCCS says, crypto world needs to go back to its roots and exercise the very basics of ethical standards.

Let’s see why, let’s see how..
Let’s remember what we have been through in the last two years roughly.
As an enthusiast and an investor, I have been reading, listening and watching the crypto ecosystem for years.
Untill the last 18 months period,  everybody was focused on what blockchain and cryptocurrency universe was about the bring our world.  Borderless asset ownership, exclusion of intermediaries, decentralization, distributed ledger technology, tokenization, internet of things solutions, smart contracts, mining, etc.
But then,  things started to go crazy with the appealing atmosphere of rising prices. Greed, opportunism, fraud invaded the ecosystem. Bitcoin – altcoin price expectations filled the public agenda rather then life changing blockchain projects.
And look where we are now. The optimistic mood - of witnessing one of the most revolutionary stages of human history – is covered with the terms of fraud, economical bubble and distrust.
The essence of cryptocurrency is never meant to be making money through exchanges and fraud ICOs, token manupulations and transaction hackings.
The essence of cryptocurrency is... well.. why don’t you just read Nakomoto’s whitepaper again, to remember, really.

WCCS says community has to stand up for a self regulatory attitude, instead of holding still and waiting for governmental regulations. And to that i can not agree more.
How can cryptocurrencies reach their real values when the community focuses on Bitcoin price more and more than the real life solutions of dedicated cryptocurrency and blockchain projects.
The public attention and support towards Licenced Cryptocurrencies -  the expectations on Crypto actors to apply for their https://wccstandards.com Licence would have a Litmus Paper impact in order to distinguish the reliable, transparent, trustworthy among fraud.
The platform has no intention to manupulate the essence of cryptocurrency. No question on anonymity of asset ownership, peer to peer transactions, blockchain basics, etc. 
Let me give you an example,
It is kinda like; you are going to a store to buy  a refrigerator and you ask and find out about the capacity, the technology, the brand, the value, the production date and the guarantee terms of the refrigerator. Then you make your decision and buy your device and moreover, you are protected by many laws incase of malfunction and fraud. So why wouldn’t you ask and find out about the project developers, the contact, the technology, the timeline adoption, the insurance policy informations of an Exchange Market / Coin / Token / ICO / Service Provider before you are investing with your very valuable savings.  Simple as that.
We need to drop this gambling attitude and invest responsibly and invest with knowledge.
Hopefully https://wccstandards.com is right about to present us a milestone opportunity with its WCCstandards.com online platform.
We would loose nothing - but help cryptocurrency ecosystem to gain too much – with our care and support to WCCstandards.com ‘s Licencing platform.
We need to put some attitude to help and benefit the cryptocurrencies and blockchain technology to shape our free future. And https://wccstandards.com is offering a huge step towards.

https://wccstandards.com/page/what-is-wccs
https://wccstandards.com/page/what-are-wccs-standards-in-short
https://wccstandards.com/page/why-wccs
 
Please do not hesitate to contact me if you require further information about WCCS project. 
Best,
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