FAQ

Frequently Asked Questions

Q 1: What is an ICO and is it legal?

ANS: Despite walking and talking like traditional stocks, ICOs have so far largely avoided serious scrutiny from the Securities and Exchange Commissions, Government regulations, the federal agencies that regulate investment markets. Many blockchain startups are international and anonymous, even domains owners are hidden—which can place them out of the SEC’s purview. That lack of oversight is another reason so many scams proliferate. In any Law or country it’s not legal and its 100% scam, it’s not listed in any Exchange market, not available in many countries financial markets. FACEBOOK ANNOUNCED IN a blog post that it was banning cryptocurrency advertising from the platform entirely. The company said that many ads for cryptocurrency investment opportunities, like initial coin offerings, were “not currently operating in good faith.”

Q 2: Does World Coin launching any ICO?

ANS: No, we don’t believe on any ICO, we started Pre-Sale of Cryptocoin fine gold and will be on marketcap on 31st Dec,2018.

Q 3: What is cryptocurrency?

ANS: THE CRYPTOCURRENCY WORLD, with its volatility, is all about FUD—fear, uncertainty, doubt. And nothing is generating more FUD right now than an unusual currency called cryptocurrency. The cryptocurrency market is ripe for scammers because it’s relatively new, backed by tons of hype, and involves complicated technology. It’s easier to dupe someone into investing in your ICO in 2018 than your fake real estate business—and plenty of people have.

A cryptocurrency startup only needs a swanky website and an official-looking white paper. There are also plenty of services to help streamline the process: You can automate your token sale, or have someone write fake news articles hyping up your venture.

At WorldCoin We do not issue any cryptocurrency and we are trading of CryptoCoins on blockchain technology backed by fine gold. We expect our coin to triple on the launch in 2018

Q 4: What is blockchain?

ANS: BlockChain was developed back in 2008 to have secure transactions like non-amendable and secure way.Many governments, Banks, and Private Corporations are adopting blockchain technology to improve and secure transaction. Block Chain works on nodes and does not require any server and cannot be hacked or amended by any means.

Q 5: Does World Coin selling Cryptocurrency?

ANS: No, World coin Does not sell any cryptocurrency or involve in it in any way. The WorldCoin is creating CryptoCoin backed by actual 999.9 fine Gold .

Q 6: What is business of World Coin? What is Crypto Coin?

ANS: World Coin is selling 999.9 fine investment gold and keeping records in private blockchain by using cryptography. It’s not cryptocurrency, its Cryptocoin and a legal and legitimate business as per trade license.

Q 7: How can I buy Wold Coin, Crypto Coin?

ANS: You can buy from our dealers and retail stores in some countries and also can order from our supply office based in the United Arab Emirates. We also accept all major credit cards etc

Q 8: Does World Coin have required license to do business?

ANS: World coin LTD and World coin International PLC are licensed companies and We are transparent and follow government rules and regulation and open to any information.

Q 9: Who are the management team in World Coin?

ANS: The Team consist of Industry leaders from Asia and Europe, the IT team is based in India and marketing team is based in London, the United Kingdom.

Q 10: How can I contact World Coin?

ANS: we prefer you send us email to: support@wcoins.com as we can not handle phone calls of hundreds of traders daily but can support you via emails.