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Author Topic: Is WPP Project finally scam? 60 Million USD for nothing?  (Read 919 times)
khiholangkang
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January 18, 2020, 04:38:55 AM
 #21

Many ICO projects claim that they have collected millions of dollars without proving that it is genuine.
I think the same with this project, they claim to have collected $60 million I think that's fake. Because if it was true that $ 60 million was collected, surely they could develop the project and the tokens would have liquidity, unlike now

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January 18, 2020, 05:42:22 AM
 #22

But, how trusted their claimed about they have raised 60 Million? And for what? The WPP that you're talking about is the one on cmc, right?
WPP token that only has $46,675 market cap with a lot of circulating and total supply. Is that the one? Sadly to say more or less they were only sweet talking to you and give an empty words and giving false hopes. You could see them in the current price. This project was quite the thing back when people were still talking about them. It turned out to be just another worthless project it seems..
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January 18, 2020, 05:48:54 AM
 #23

I am very happy to see the WPP project with its achievements in raising funds with ICO $ 60 million but after they entered the exchange the developer did nothing about it and only 1 exchange was reached, namely DigiFinex, then what about the $ 60 million money has been brought run away so this project is so abandoned? ~
Did you actually follow the project after the listing on Digifinex? Or you are one of those who only looks at the price on sites like CMC?
I just visited their website and saw that they already have products available for sale https://store.wppenergy.com/



I find the project quite ambitious to be honest and that's probably why it's taking a lot of time before we can see more developments. The second and third quarter will be crucial for their native token (WPP). It's where we see if it can actually be backed by a Financial Assets and become a stable coin.

WPP Token to be backed by Financial assets
After extensive research, which took more than time than anticipated, WPP has located an acceptable viable external asset backing remedy for WPP Token. The Whitepaper, Tokenonics Report and Roadmap have been updated to reflect an adjusted timeline to establish a tie-in of WPP Token to the price of H2, now projected for Q2-Q3 of 2020 (subject to FINMA and/or SEC approval).
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January 18, 2020, 06:01:23 AM
 #24

Only 1 that i know when they said will listed in Binance, my friend is one who joined their signature campaign. And when listed in Digifinex, he actually can get high reward but hold because believe it will pumped after listed in Binance, and now price is really low and he regret it.  Grin

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January 18, 2020, 06:04:12 AM
 #25

Many ICO projects claim that they have collected millions of dollars without proving that it is genuine.
I think the same with this project, they claim to have collected $60 million I think that's fake. Because if it was true that $ 60 million was collected, surely they could develop the project and the tokens would have liquidity, unlike now

That makes sense, i didn't even believe if this one has already collected such amounts. If the projects were getting dumped so hard and there will be a lot of noise in the group but im still watching it right now.
I remember the team never publish the hot wallet to raise the funds and all of the money were collected without any transparency. It's only traded on digifinex with zero volume.
Even shit scam exchange sites didn't wanna listed it.

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January 18, 2020, 06:17:14 AM
 #26

There are many other stories like this, ended with scam. I'm personally not sure too that it really reaches 60 Million
it is very possible to manipulate so look like 'big' fundraising project

that's why I dont wanna lose my money in shit ICO. ICO is too bad at this time
many of them is just end with scam. the scam makes people affraid to invest here Cheesy

 
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January 18, 2020, 06:41:14 AM
 #27

Only 1 that i know when they said will listed in Binance, my friend is one who joined their signature campaign. And when listed in Digifinex, he actually can get high reward but hold because believe it will pumped after listed in Binance, and now price is really low and he regret it.  Grin
i think only projects that really have a very high demand and are able to pay the registration fee at the Binance exchange place will be able to enter, because we all know the Binance exchange place will not accept tokens or coins that do not have good development.

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January 18, 2020, 06:50:08 AM
 #28

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with  648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?
And this WPP project is one of the best project for bounty hunters in that very year, this is another experience and lesson for all bounty hunters, once you earned good profit from any project always divert the reward to other top projects like ETH or BTC, I'd you don't do this you haven't earn because project can turn scam
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January 18, 2020, 07:43:18 AM
 #29

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with  648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?

You should know by now that ICO's are just selling promises and most of the time these promises are just sweet words but no actual development happening in the background.

WPP case is not alone in this problem, there are literally hundreds of ICO that been launch in 2017 to 2018 that has near zero volume and with 99.9% below ICO price.

Your lucky that these tokens are tradeable because there are other projects that don't even get listed after collecting money from their ICO.
No wonder why some of us are in doubt these days because we can't easily assure that it will be worth it and profitable because people change their mindsets when it comes to money. They will surely took the opportunity to deceive people by their promises, people should learn from this kind of incident that they can't easily trust and believe any projects even if it sounds good and beneficial. They are just trying to manipulate every situation to take advantage of people particularly those who doesn't have enough understanding on finding the best project for them, they don't know the things that they have to consider that's why they end up feeling remorse regarding their own decisions and actions. People should acquire from their own experiences to avoid doing the same mistake.

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January 18, 2020, 08:24:42 AM
 #30

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with  648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?
I don't know whats going on with this project after listing on exchange market why have lower price, I am very disappointed when I don't sell my WPP coin on forkdelta have higher price but keep holding waiting listed with digifinex and have price very cheap, now I never see new update of this coin have been in higher price or keep stable with lower price.

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kaneki007
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January 18, 2020, 09:32:09 AM
 #31

It is very sad when the WPP list on digifinex is already low, with huge funds when they release ITO they should be able to maximize their projects so that their projects will not be like this, we just wait in April about their plans whether they will have an effect on prices or not.

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January 18, 2020, 10:19:59 AM
 #32

It is very sad when the WPP list on digifinex is already low, with huge funds when they release ITO they should be able to maximize their projects so that their projects will not be like this, we just wait in April about their plans whether they will have an effect on prices or not.
still around 73 days away, I only slightly think that April is the main target because they also expect from the emergence of altseason.

I am also confused since last year where they wrote about registering on binance, but there has not been an active discussion in the binance incubator about wpp, they haven't done great things since listing on Digifinex last year, developers failed to control their own project situation.



 

 

 

 

 

 


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January 18, 2020, 10:22:41 AM
 #33

That's the problem that we are facing now, actually it's not the only coin that raise a big amount of money that are not performing well right now.
If you will accuse them of scamming, their best defense is that they are for long term, so you can't do anything.

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January 18, 2020, 10:31:20 AM
 #34

Nah finally got some nice thread
Yes i have wpp from bounty and still hold in my erc20 but very sad to see worst progress till now  Huh
I know im not lost any money but just realistic and thats normal if i want get nice money from my job for this project

Just bookmark this thread and waiting someone can investigate wpp but i hope is not going scam Sad

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January 18, 2020, 10:35:38 AM
 #35

it will be very difficult for this project to raise the price
and I doubt that large exchanges will start trading these tokens
   the price has fallen very much compared to the price of ICO
I think you need to wait in April and it will be seen what this project is capable of
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January 18, 2020, 10:58:33 AM
 #36

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with  648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?

That 's another soon to become dead coin, and we have thousands of these coins in the market, in the past, people have been deceived that they are going to make a profit from projects that do not have potential in the market, investors are wiser they do not want to fall to this similar projects.

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January 18, 2020, 11:07:50 AM
 #37

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with  648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?
This is the problem to most of the projects who have no strong team that will continue the development and marketing of their project even after reaching their softcap or hardcap.

Their price will surely shrink if the marketing team of the project will stop promoting it especially in bear market that even strong projects have difficulty in maintaining their reasonable price. What I see right now is that WPP team is not there anymore, they already have the money then they can just start another project if they want to.

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January 18, 2020, 11:17:52 AM
 #38

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with  648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?
For me personally the developer has no intention to develop the project they have because it can be seen that they are trying to partner with an unknown or unclear project and when you ask about it in a telegram, they actually block you. For me it is better to leave the project because the project will slowly die and have no value.
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January 18, 2020, 11:19:12 AM
 #39

Whenever I hear the WPP project, I feel pained in my spirit. This is because I so much believed in that project and was a good follower of the project. This made me reluctant to sell when the project was trading at a good price, hoping that the price would increase when the project development comes in place. I feel really disappointed with the team and regret putting so much trust on them.
Trust in a project is not to blame, let alone we believe that the project will succeed well. but we also know that the current situation does make things not go as expected.
Disappointment may not be with a project at the moment because it almost seems to engulf everything, so we must understand that it cannot be avoided.

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January 18, 2020, 11:27:17 AM
 #40

Damn, you don't need to rub it in.

I was one of the bounty participants in 2018, joined the project thinking that it will be really big in the future. Yes, I received the bounty in 2019 April, waited for the coin listing in an exchange and thought that I should have dump it. Now, there's no value on it and the only thing I can do is hold and wait till the market enters a bull run and at least hope that the price could be at least closer to $1.

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