Is WPP Project finally scam? 60 Million USD for nothing?

[BitDane]

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?

It is not good to say that a project is a scam because its price goes down.  If that is your logic then we can also conclude that all those altcoins that goes down in price is a scam, which is not true.  Probably WPP is lacking something in marketing.  Or probably people or new investors does not feel the need to invest on them because of their performance.  Anyway, as long as they are around and providing some updates, it is too early to say they are scam, shit ,, yes probably.

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[joinfree]

This is the more reason why these days i have resulted not to all the tokens of any project i receive especially those launched on Ethereum blockchain network. I am glad i sold out of this project when i realized so many people were making a bunch of shills about some developments they have not achieved and i also noticed some sort of lack of transparency from the part of their CEO. Sorry to those who held everything of that project, at least this should help you get some experience.

[Smitty Werben Man Jensen]

This is the more reason why these days i have resulted not to all the tokens of any project i receive especially those launched on Ethereum blockchain network. I am glad i sold out of this project when i realized so many people were making a bunch of shills about some developments they have not achieved and i also noticed some sort of lack of transparency from the part of their CEO. Sorry to those who held everything of that project, at least this should help you get some experience.

I see on their Twitter WPP still has an update, do you only analyze it if the WPP project is scam? is there evidence ?, indeed the price is very disappointing now, investors have lost almost 99%, I hope you are strong

[freedomgo]

This is the more reason why these days i have resulted not to all the tokens of any project i receive especially those launched on Ethereum blockchain network. I am glad i sold out of this project when i realized so many people were making a bunch of shills about some developments they have not achieved and i also noticed some sort of lack of transparency from the part of their CEO. Sorry to those who held everything of that project, at least this should help you get some experience.

I see on their Twitter WPP still has an update, do you only analyze it if the WPP project is scam? is there evidence ?, indeed the price is very disappointing now, investors have lost almost 99%, I hope you are strong

Most of us investors won't find evidence but people will be thinking that the price is a scam if it lose too much of its ICO value.
It's really disappointing as not asset is exempted in the bear market that's why they need to reach out to their investors so people will be relax, otherwise, people will dump and again that would affect the project big time.

[adzino]

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 yet people invest on these shitty projects just because they have a "great concept". Just because someone puts forward a mind blowing project does not automatically makes that project valuable. Even kids can give creative ideas, but have you ever given a thought if the kid will be able to execute the idea or not? The same thing goes for the ICO/projects. They can put forward all excellent projects and spur out all bullshits, but will they be able to achieve it?
Banning people just because someone had a doubt is just a dick move.

[Ferris419]

I don't know it is a scam or not, but this is pure shit project indeed! I lost huge money on it. Alas, why I hold this shit coin instead of Ethereum! Just look at the trading volume, all the investors, supporters left this project! I was there when they promised WPP will be 1.15$ worthy, I did their bounty! I agree with you that Troy is a dishonest man! Recently they announced about the WPP store but I found nothing there, another shit! Don't fall in this trap once again, just leave this project in vain!

[fuer44]

The WPP project only focused on funds that were targeted by their hard cap. it's proven from what you write, where they partner with lesser-known companies, that means the exchanger certainly isn't high liquidity either, right? so we can also see that the volume of WPP is only 648 USD. very low value, and chances are you don't have a promising future. my advice, if it's already listed on the market exchange, it's better to just sell it before it falls lower again. because with only 648 volumes, it is apparent that tokens do not have liquidity and it is difficult to get demands from investors or traders.

so, if the situation is like that, the price may fall even more and the number 1 USD is just a dream.

[LogitechMouse]

I don't know personally what this token is but base on the coinmarketcap details, looks like this is already a dead coin.

Low to no volume, the exchange where this coin is listed isn't that popular and the team looks like they've abandoned this coin already and the funds they got from ICO? Well it is their money already .
To be honest, there are many altcoins who are experiencing almost the same as WPP. I remember the one token that I've participated their bounty campaign with (rather will not say the coin). They almost reached their hard cap but right now, they are not performing well and it is down so much. WPP being a scam? I'd rather categorize the coin as a dead coin right now.

[Ahimoth]

I am not surprised with this story on WPP, there's a lot of projects that has been drowned to shitty coins value. Good thing that it reached the golden value during the great price outbreak from 2018. Without knowing, some of investors kept holding even if the market started to collapse. That's mainly the reason why the project became a part of the shitcoins.

[dataispower]

What makes WPP great? Some promises on Whitepaper or what? I was following that project, I traded it for daily gain on Digifinex but there is nothing special about it except the fake promise of hitting 1$ which doesn't look realistic anyway. I feel sorry for those who made long term investment in WPP, shit happens anyway.

[mu_enrico]

Where they said WPP token will be worth more than 1 USD!

Who said this? No one can guarantee token price, and WPP is only one of thousands ICO. I feel sorry for people who invest in the ICO bubble.
You see, ICO only sells promise and whitepaper. They don't actually have any fundamental value, and it's not like stocks/shares.

I remember a lot of users wore a WPP signature on my local board. I think they did it without proper due diligence. What I'm saying is this kind of ICO has a high probability of scam *not an accusation though.

[Divinespark]

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?

A lot of projects were like that in 2018 and 2019. They ended the ICO with a lot of money invested by companies and investors, but until now, it has all done nothing. The whole thing doesn't work like the Whitepaper and it looks like it's dead. That's why now people are scared of new projects, nobody wants to invest in it because they know those projects will end in silence.

[ololajulo]

I like to know the purpose of the thread, how complain of every investors here could bring a turn around for the project. Sadly most complains here cant be presented to the team, the team may decide not read anything here ,however, the team open an announcement thread on this forum. I saw a threat by the thread moderator at a time to complain, same as we see in the telegram group. I wont be disapointed if the team fails to deliver their roadmap

[Taskford]

For $60m accumulated from ICO they only listed at low tier exchange? Duh another shitcoin which is abandoned by the Dev and guess those who hold it lose their capital since by looking at the volume it's really hard.to say that there will be people will buy that token and better to not expect especially with ICO since almost all of them got the same intention so better be smart next time.

[kendedese]

with that much money the team can do many things to increase the price of tokens, for example by finding well-known partners and doing broader promotions. I can't say this project is a scam, but maybe the team is having fun with that kind of money. with that much money it would be very unreasonable if the volume of WPP coins is that small 

[Palider]

I have seen many projects price fall sharply, for some unknown reason and they have probably pocketed the money they collected before and now they promise investors and bounty hunters that the price will rise but it will never happen.
I've seen this many times so all I can say is don't expect it and wait for it to come true.

[tranduong123]

Great project? I do not think so. And I think that 60 million USD is just an exaggeration of the project team. If you follow the official telegram of the project during the ICO stage, you will only see people asking about bounty.

[Script3d]

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

Well the project isn't great in the first place it was shit, their intent was to show a "progress" to make the investors see the project is growing, this is why investing in ico is really bad, you're better off buying coins at the exchange because there are some investors who will dump their tokens at loss, better to invest in STO.

[huu78]

I was disappointed with WPP. I had followed their campaign months, but the pay was few and I was very disappointed they were not professional in taking care of the project. Whereas their ICO is HYIP and very saleable and enough to update their project so that many investors are attracted again on them, but yet all are just nonsense until now. And arguably now the project can be marked scam

[HabiebRiziq]

I have seen many projects price fall sharply, for some unknown reason and they have probably pocketed the money they collected before and now they promise investors and bounty hunters that the price will rise but it will never happen.
I've seen this many times so all I can say is don't expect it and wait for it to come true.

This often happens in cryptocurrency where developers always give good news or sweet promises about the projects they bring to be able to attract more investors and of course get more money from investors, but sometimes the money obtained from these funds is not used to develop projects and actually take away money given by investors which then makes many new projects difficult to develop.