Central Europe Startup Awards 2017 National Winner Launches Initial Coin Offering
Yesterday, Worldсore launched their Initial Coin Offering which has already accumulated a total of $7.8 million in investments within just 24-hours of launch. The up-and-coming banking and payment processing company cab ve cinbut I think they’re bigger. Much bigger. The picture above is straight from their ICO website and you can see pretty clearly in the highlighted sentence;
Reliable investment into a well-established payment institution with $100M+ transaction volume in 2017.
I cannot speak to whether or not this is a stable investment, BUT I can say that they are the only existing payment processing company with $100M+ in payments processed who is raising via Initial Coin Offering. Monaco Card, TokenCard, MetalPays, TenX, and OmiseGo are all great, great projects; however, it’s hard to say that they can measure up to that of Worldcore considering the aforementioned statistic and Worldcore’s suite of products ready for cryptocurrency integration.
While I was doing some extra digging on Worldcore’s customer website, I found that they even list their Telegram Channel on their website….woah. Can you imagine a bank like Wells Fargo or JPMorgan Chase having a Telegram Channel, open, where all customers can go to ask questions about the company’s products? That would be somewhat of an unheard of approach to connecting with your customers or stakeholders.
The picture above is from Worldcore’s customer website, but the image to the left is from the CE Startups Award Winner website if you would like to learn more about their 2nd win at this competition. Worldcore is not as connected with cryptocurrency or blockchain companies as much as other payment processors, but they already have the necessary infrastructure to on-board companies and individuals to spend multiple cryptocurrencies via debit cards — the ICO funds will be used to integrate existing Worldcore products with cryptocurrency and blockchain technology. The keywords here are “existing products.”
Worldcore’s CEO & Founder, Alexey Nasonov, Listed in Financial Times’ New Europe 100 — Changemakers in Central and Eastern Europe
Alexey Nasonov, Worldcore’s CEO and Founder, being listed as a Top 100 anything would be an important feat for a cryptocurrency project, but the Financial Times is quite a reputable organization.
The list is put together to highlight “Central and Eastern Europe’s brightest and best people…plus the organizations who are changing the region's societies, politics or business environments and displaying innovation, entrepreneurialism and fresh approaches to prevailing problems.” Now Worldсore is working to use the most cutting edge blockchain technologies to bring their services to a new level — with Alexey Nasonov leading the way.
At the top of the Financial Times article covering the topic, it’s clearly stated who chooses these challengers:
“The challengers were selected by Res Publica, Google, Visegrad Fund and the Financial Times.”
You might recognize a couple of the names above? I would definitely say Alexey is a changemaker with these types of tactics and their clear intentions. Very impressive that their team has the courage to go up against not only some of the largest banks and financial institutions, but they are zealously tackling the same market as PayPal and Stripe.
These large companies would not think to do an ICO to raise funds and connect with their community in order to take their services to the next level — Worldcore is very willing to take this leap to compete with those giants AND take cryptocurrency mainstream!
Key Points to the LIVE Worldсore Initial Coin Offering
Looking to the left, we can see the token details for the Worldcore ICO. So far they have issued 78 million WRC and will burn any unsold tokens with a maximum of 1 billion WRC issued into circulation post-ICO. Keep in mind — the WRC will be a speculative instrument as well as an entitlement to 30% of Worldcore’s annual profits payable 1x per year.
Many ICOs simply lack what most of us would consider to be “legitimacy.” I have been diving into the Worldcore White Paper, Customer Website, and researching the team as their team. I will continue to cover their ICO as we progress to the end. Leadership is a very important factor in company success and since I highlighted the award Alexey has received, I figure a last word from the Founder and CEO himself would be a fitting way to end this Initial Coin Offering coverage:
Below is the last article I wrote about Worldcore along with links to Official Worldcore resources:
- WorldCore — Bringing Cryptocurrency Mainstream Through FinTech, ICO Pre-sale LIVE
- Official Worldcore ICO Website
- Worldcore White Paper
- Official Worldcore Customer Website
- New Europe 100 — changemakers in central and eastern Europe
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- Cryptoversity by Chris Coney — The Online School That Pays You To Learn About Bitcoin, Crypto-currencies and Blockchains
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- Binance — 135+ cryptocurrencies with its own token used to pay exchange fees on the platform and give perks to traders on their platform.
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