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Topic: 🔸3M [BOUNTY]🔸 [TGE] JWC BLOCKCHAIN VENTURES 🚀 PLATFORM FOR VC INVESTING 🚀 - page 14. (Read 6068 times)

newbie
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newbie
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newbie
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full member
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Merit: 105
Will be any updates in the spreadsheet of the Facebook campaign?
newbie
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telegram user name:
@Dendiafandi2
newbie
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Telegram: @Azazel_1
MEW: 0x786cCE49D8059E43dA326d23247EB1b81a20067d
newbie
Activity: 6
Merit: 0
JokeWCoins
some critique to JWC Ventures in general:
Some thoughts of mine to JWC whitepaper concept and why you should think twice if it is worth investing
  • they overuse a bunch of nice sounding buzzwords without real detailed practical implications or how these nice sounding technologies will be applied, since writing all over about different industries (VC, O2O, Logistic, Sandwich?, nanosoybeans? ) fills the whitepaper space with shallowness and does not require well thought deepness
  • multiple stuff written just doesn't make sense, not clearly explained how or plainly contrary like JWC tokens
  • JWC tokens nebulous use, contrary information depending on source: They state it has functional utility, one of them the option to buy future sub-coins of sub-TGE meaning that these subs need to apply blockchain and ICO with JWC or JWC convert to ETH before investment (which devalues initial investment) 2. They state in whitepaper 20% of profits of JWC fund will be used to buy back JWC tokens but ONLY in case of successful exit/selling (5-10years) of one of the companies and not reinvesting the revenue from selling a portfolio company, also not included clear rules of what price buyback JWC tokens and process/rules of buyback.

    Think about this applied scenario you invest into JWC "Ventures", they invest 250k-5m to a portfolio company for in exchange for 20-25% Ownership to JWC like stated in whitepaper, in 5-10 years one of them exits/sells the company (some others might not, or need further investment) and JWC will then receive 20-25% of the exit (in this scenario no further investment/dilution happened) and of that 20-25% profit of JWC, 20% will be used to buy back JWC tokens for unknown price and process. So an exit of 5m will result in 1-1.25M profit for JWC and 20% of that profit (if not reinvested, spent) 200k-250k will be avaible to buy back JWC coins for unknown price and process. So wait 5-10 years hope for exit and then hope further to be one of the lucky to sell JWC, or reinvest your JWC into maybe sub coins in a never-ending cycle Roll Eyes
  • business model is flawed: no clear asset allocation, no clear parameters what startups get invested too, JokeWC tokens, could list more
  • team involved don't know each other well or long
  • current pipeline/portfolio of startup investment consists solely of companies owned by JWC team members themselfes. closer look at these companies reveal some are, lets say not very far in progress(I think VC would not invest)

You can read more about my experience here
newbie
Activity: 168
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Comment #14
https://bitcointalksearch.org/topic/m.30537261
Comment #15
https://bitcointalksearch.org/topic/m.30570366
Comment #16
https://bitcointalksearch.org/topic/m.30628631
Fb post:https://www.facebook.com/GiaKhuong9999/posts/1295834477182920
FB group post:
Comment #17
https://bitcointalksearch.org/topic/m.30727838
Comment #18
https://bitcointalksearch.org/topic/m.30837442
Comment #19,20
https://bitcointalksearch.org/topic/m.30924252
https://bitcointalksearch.org/topic/m.30954179
Comment #21
https://bitcointalksearch.org/topic/m.30969906
Comment #22, #23,#24,#25
https://bitcointalksearch.org/topic/m.31057416
https://bitcointalksearch.org/topic/m.31091713
https://bitcointalksearch.org/topic/m.31126619
https://bitcointalksearch.org/topic/m.31126795

Comment #26,27,28
https://bitcointalksearch.org/topic/m.31228005
https://bitcointalksearch.org/topic/m.31309470
https://bitcointalksearch.org/topic/m.31309498
jr. member
Activity: 364
Merit: 4

Report seems not updated into the Google form and no admin reply/confirm/check this report. Admin team of JWC ICO does not be as active as other ICO I have joined (egs: ArcBlock, Sphere Social...)
newbie
Activity: 182
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Week #5 (26/02/2018- 05/03/2018)

FACEBOOK CAMPAIGN
Facebook URL: https://www.facebook.com/stefan.radic.165470
Friends: 5000

Shares+likes+comments on the post:
1. https://www.facebook.com/stefan.radic.165470/posts/152023208950080
2. https://www.facebook.com/stefan.radic.165470/posts/152717675547300
newbie
Activity: 168
Merit: 0
Comment #14
https://bitcointalksearch.org/topic/m.30537261
Comment #15
https://bitcointalksearch.org/topic/m.30570366
Comment #16
https://bitcointalksearch.org/topic/m.30628631
Fb post:https://www.facebook.com/GiaKhuong9999/posts/1295834477182920
FB group post:
Comment #17
https://bitcointalksearch.org/topic/m.30727838
Comment #18
https://bitcointalksearch.org/topic/m.30837442
Comment #19,20
https://bitcointalksearch.org/topic/m.30924252
https://bitcointalksearch.org/topic/m.30954179
Comment #21
https://bitcointalksearch.org/topic/m.30969906
Comment #22, #23,#24,#25
https://bitcointalksearch.org/topic/m.31057416
https://bitcointalksearch.org/topic/m.31091713
https://bitcointalksearch.org/topic/m.31126619
https://bitcointalksearch.org/topic/m.31126795
newbie
Activity: 56
Merit: 0

WEEK #4

===FACEBOOK CAMPAIGN===
Facebook personal page: https://www.facebook.com/darksky68
Post #1: https://www.facebook.com/darksky68/posts/418087158632876
Post #2: https://www.facebook.com/darksky68/posts/418530705255188

===BITCOINTALK CAMPAIGN===
Comment #1:
Comment #2:


newbie
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user name :@hoangnice
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