Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN][EXCHANGE] WCX – Low-Cost Crypto Exchange built by Apple & Wall St team
by
wcxofficial
on 30/07/2017, 02:55:59 UTC
Neat project

Crucial details required:

Max cap of WCX
Amount of tokens sold in ICO
Amount of tokens rewarded for free
Amount of tokens rewarded as bounties
Amount of tokens reserved for founders/third parties

How will funds raised in the ICO be used? Detailed plan.

What insurance companies is WCX cooperating with?

Are there any bonuses available in the ICO?

How do you calculate the 100 WCX = 10 USD Price?

Your exchange will be operated in HK and Luxembourg. Will the WCX administration team be located there physically?

Thanks. These are TBD. Some of the above will be covered in more detail in the whitepaper set to be released by mid next week.

Concerning cap, the ICO will be a hard cap, so there will be a limited amount of tokens issued. Any unsold tokens will be burned. There will be no re-issue, so that is the only time WCX tokens will be created.

Concerning fund distribution, also TBD for exact figures, but founders & advisors will likely retain around 10%. The rest is bounties and token sale.

Bonuses will be available at the ICO, particularly for early buyers.