Quote from: topesis on December 22, 2017, 12:36:43 PM

The premined tokens how are they going to be distributed, aslo I want to ask what is the use of the coin if there is no white paper currently to guide investors on the utility use of these tokens

Hello,

Our whitepaper is in the hands of the designers so we have not got the finished article at the moment but we will be updating the post with this information in the coming few days. It has been decided to set the date of the ICO to 28th December to make sure we have everything ready. If you are not familiar with this type of platform or ICO, I suggest familiarising yourself with the ones available now (if you research the token price of all these lending platforms, they average far more than the ICO price which proves their popularity). Although it is a recent trend, they have had successful ICOs in most cases. Our platform we hope will be one of the best. Our business will invest in scalable ways proven to bring consistent profits in this space over the long term and will have the funds to generate these (tentative suggestions such as mining are in the whitepaper).

Our lending rates will also be profitable for all concerned, with up to 55% monthly during our growth phase. You must remember that when you loan your coins, you are reducing the supply and increasing the demand whilst also guaranteeing your capital value against any downside moves. You are also receiving a share of our profit because overall our coin should gain more value than the lending rates. If we generate demand and increase the price of WWC tokens in the near future, the upside is likely to be significantly higher than our lending rates so token holders will also be happy. As we have an internal exchange, we are able to pause trading in times of negativity and also have the capability to maintain confidence in the price, being the largest holders. Our coins will also grow by 10% a month initially in staking rewards so paying daily interest and affiliate commissions will never be a problem while the value of the coin is maintained.