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Author Topic: WPP SCAM? want to hear your opinion  (Read 186 times)
No_more_cheaters (OP)
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March 17, 2019, 09:59:45 AM
 #1

Here, what WPP claims:

Nearly  2,49 Billion tokens sold

https://i.imgur.com/C5j2Vhv.jpg

I hear few complaints, and too a close look.. here you got, the supposed token distirbution

https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmTgvDespfpuowcKLofF7mffDQzoJtSkRWKaUTFwXquqwG/image.png

Here the facts... token distribution according to Etherscan:
https://etherscan.io/token/0x056dd20b01799e9c1952c7c9a5ff4409a6110085#balances

https://i.imgur.com/t7PAzqe.jpg

So if they sold 2,49 billion tokens.. that is 50% of supply (was was expected to be sold in crowd sale).. how it is that there are only 10 adresses that hold a 94% of tokens? was the 50% of tokens sold to public just sold to 1 investor? calculations dont work here...

want to know your opinion..


Meanwhile their community manager bans people in telegram that ask about this.. plus, here you got his answer to the questions...

https://bitcointalk.org/index.php?topic=4449273.msg50195276#msg50195276
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March 17, 2019, 10:42:45 AM
 #2



From here we can see that 50% should be used for token sale and the rest for the management.

They sold around 2.5 billions of tokens, and it seems watching from the pictures they hit the hard cap.

We know that 2.5billion are reserved for the management and it could be the 1st address.



Also if we can look here we can see different % from these addresses and the 1st picture posted here (I don't see 20 10 10 5 5% tokens on addresses) so the hope is:

The 1st address could be the storage for 50% for the expenses.

The rest could be whales who bought tokens.

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March 17, 2019, 11:54:39 AM
 #3

There were many investors talking about this and had their mouth shut in WPP telegram, and there were also many people with their eyes covered with their ears, and their mouths cheered for WPP team, what is the purpose? ?

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March 17, 2019, 12:43:26 PM
 #4

As per the etherscan data here

https://etherscan.io/token/0x056dd20b01799e9c1952c7c9a5ff4409a6110085#balances

There are total of 7,092 holders of the WPP token under the contract address 0x056dd20b01799e9c1952c7c9a5ff4409a6110085, which probably means 50% of the tokens are already distributed among 7000 approx number of investors until and the address 0x0603444a9698facd901ab985a23ac24de296b986 holds the 50% of the remaining supply which should be reserved for other expenses of the project like promotion, team reserves etc.

I also found that there bounty tokens are not distributed yet, so that tokens too are included in the 50% hold in the address here

We could get to a conclusion that the address which hold most number of tokens leaving the projects personal address, should be some whales who already bought 1+% of total tokens at the time of token sale.



was the 50% of tokens sold to public just sold to 1 investor?

If you are pointing to the address 0x0603444a9698facd901ab985a23ac24de296b986 which holds 50% supply specifically, it is rather the address of the token owners hence holding 50% reserved supply.
No_more_cheaters (OP)
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March 17, 2019, 02:01:41 PM
 #5

As per the etherscan data here

https://etherscan.io/token/0x056dd20b01799e9c1952c7c9a5ff4409a6110085#balances

There are total of 7,092 holders of the WPP token under the contract address 0x056dd20b01799e9c1952c7c9a5ff4409a6110085, which probably means 50% of the tokens are already distributed among 7000 approx number of investors until and the address 0x0603444a9698facd901ab985a23ac24de296b986 holds the 50% of the remaining supply which should be reserved for other expenses of the project like promotion, team reserves etc.

I also found that there bounty tokens are not distributed yet, so that tokens too are included in the 50% hold in the address here

We could get to a conclusion that the address which hold most number of tokens leaving the projects personal address, should be some whales who already bought 1+% of total tokens at the time of token sale.



was the 50% of tokens sold to public just sold to 1 investor?

If you are pointing to the address 0x0603444a9698facd901ab985a23ac24de296b986 which holds 50% supply specifically, it is rather the address of the token owners hence holding 50% reserved supply.

thanks for the effort..
anywya, things doesnt match yet.. distribution of bounty was doen already.. and it was a 3%..
so.
BOUNTY 3%
9 ACCOUNTS 94%
AND THE REST.. 3% who knows.. maybe real tokens sold
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March 17, 2019, 02:46:58 PM
 #6


thanks for the effort..
anywya, things doesnt match yet.. distribution of bounty was doen already.. and it was a 3%..
so.
BOUNTY 3%
9 ACCOUNTS 94%
AND THE REST.. 3% who knows.. maybe real tokens sold

Again 94% could be brought from whales, I think is impossible to know.

This one also has 3M of those tokens

https://etherscan.io/address/0xc8ef8f4d8b1085ef5a85d4593865c9380cb65f8a



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