Is WPP Project finally scam? 60 Million USD for nothing?

aemma

copper member

Activity: 966

Merit: 14

Quote from: hirngespenst on January 17, 2020, 01:43:08 PM

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with 648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?

If they really raised this amount and till now can't provide any tangible products and services or prove to a reasonable extent what the money has been used for, I wonder what it can be called if not scam. A project that raised such amount of money and can't even have a good trading volume shows many things are wrong with project, either that the team only wrote down fake ideas or they now lack what it takes to really build what was written on the whitepaper; but in all ramifications it speaks ill of the project and might end up driving potential investors away.

Inkdatar

hero member

Activity: 1582

Merit: 523

This project failed to improve its performance in the market. I have some wpp in my wallet and couldn't able to sell them because of low price so many complaints in their telegram group. No improvement and updates that make investors at ease in this project.

Chuky92

copper member

Activity: 966

Merit: 5

In as much as it is hard to overlook, one question still harbours around and that is, what happened to the huge amount of money raised? Since there have been no good development ever since then. With this single act of banning users who ask adequate questions, it is not wrong saying the team deceived everyone. Most projects promise many things which everyone will later understand that it was just a strategy to sell their token; WPP is an example of such. From the look of things, it is clear nothing can be done other than to move on, the project already have very low trading volume which also shows it is already on the path to be called a failed project.

strunberg

sr. member

Activity: 1344

Merit: 335

#SWGT PRE-SALE IS LIVE

after all this time investors finally realized that the developer team only promised without any realization at all.they said will be stable coin , but the fact very different. many project create hype in order investors interested to them and invest some money, but when it happen they act as if they never promising any thing..roadmap could not run well and partner just a fake ..the team happily with 60 millions money and take a picnic with our money.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: Divinespark on February 25, 2020, 10:43:13 AM

Quote from: Mia44 on February 25, 2020, 08:42:54 AM

Quote from: preikaler on January 25, 2020, 05:08:45 PM

$ 60 million in huge money should be with that much money they can afford to develop the project but their promise to list on 5 exchanges is only a promise for a very long time I also did not find anything interesting from this project, for now I can not say if this project is a scam

By the end of 2018 when the project was running an ICO, it was hard to believe that they could raise $ 60 million. If they actually made that huge amount of money, and they were a renewable energy company as they introduced them, they would have had to have made a public sample of that money.

Things are not clear for this project. The end of 2018 was tough for ICO projects, but they claimed to have received $ 60 million. It was unbelievable in this regard, besides that I didn't even see the hype of the project during that time. If they received $ 60 million, then surely they have succeeded in this market as well as in the field of energy

There was hype around that time, medical and energy niche are very hot that time that's why WPP got a lot of investors on board. I thought that they may have gotten more than $60 million, but it was too far stretch to target 6 digit figures.

Anyhow, the project is still moving might not be hitting their schedule, but the price though, way below expectations that's why people are accusing them to be a scam because the price didn't move on the positive direction despite all the efforts of the people behind.

kooboat

member

Activity: 235

Merit: 10

BountyMarketCap

At times, it is very frustrating to hear or read such news about projects which starts on a good note and ends up letting most people who shared or believed in the project down. This is the case of WPP, the concept was really good and realistically achievable but in the end most investors were left disappointed about the recent happenings around the project not to talk of the pricing and volume at the various exchanges currently. Blockchain projects can raise up to high expectations at anytime hence one cannot easily conclude if WPP is a scam.

Divinespark

hero member

Activity: 938

Merit: 501

Quote from: Mia44 on February 25, 2020, 08:42:54 AM

Quote from: preikaler on January 25, 2020, 05:08:45 PM

$ 60 million in huge money should be with that much money they can afford to develop the project but their promise to list on 5 exchanges is only a promise for a very long time I also did not find anything interesting from this project, for now I can not say if this project is a scam

By the end of 2018 when the project was running an ICO, it was hard to believe that they could raise $ 60 million. If they actually made that huge amount of money, and they were a renewable energy company as they introduced them, they would have had to have made a public sample of that money.

Things are not clear for this project. The end of 2018 was tough for ICO projects, but they claimed to have received $ 60 million. It was unbelievable in this regard, besides that I didn't even see the hype of the project during that time. If they received $ 60 million, then surely they have succeeded in this market as well as in the field of energy

Mia44

full member

Activity: 412

Merit: 101

Quote from: preikaler on January 25, 2020, 05:08:45 PM

$ 60 million in huge money should be with that much money they can afford to develop the project but their promise to list on 5 exchanges is only a promise for a very long time I also did not find anything interesting from this project, for now I can not say if this project is a scam

By the end of 2018 when the project was running an ICO, it was hard to believe that they could raise $ 60 million. If they actually made that huge amount of money, and they were a renewable energy company as they introduced them, they would have had to have made a public sample of that money.

MikeyVeez

full member

Activity: 896

Merit: 102

It is pretty normal, you don´t have much to do, many project seems dead on social media sites even they are not really dead and working hard on the solution. But the question is if the product would be really the killer-app and cause return on investment.

mdzahed134

sr. member

Activity: 2226

Merit: 259

Buzz App - Spin wheel, farm rewards

Quote from: preikaler on January 25, 2020, 05:08:45 PM

$ 60 million in huge money should be with that much money they can afford to develop the project but their promise to list on 5 exchanges is only a promise for a very long time I also did not find anything interesting from this project, for now I can not say if this project is a scam

All of the new projects roadmap will fake promise. Really WPP investors took a big disappointment for the big raise project. This is too much interesting thing WPP team still didn’t removed their bullshit promise about to list five major exchanges. When i heard Huobi Korea accepted their list application but why it still postponed don’t know what is the reasons. Huobi Global and Binance list we will never expect this team.

Henrytrust

copper member

Activity: 238

Merit: 1

My heart bleeds when I hear issue of WPP Project. It hurts really bad because I participated in the bounty and earned a good sum of tokens, but was careless to have believed the team giving us fake hopes of increase in the value of the tokens. I should have dumped immediately I got my tokens and cashed out peacefully. The value had so dumped that I can't look at my wallet anymore.

irixo10

full member

Activity: 1078

Merit: 104

GoMeat - Digitalizing Meat Stores - ICO

Quote from: hirngespenst on January 17, 2020, 01:43:08 PM

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with 648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?

60 million USD and till now they are yet to offer anything good; this shows lack of seriousness within the team. The painful thing is, most projects now use the we are working on our products to keep the community waiting for nothing. What happened to the funds? what have they developed? This questions is what lead to the low trading volume because people are yet to see any good reason to invest in it. And also banning users for asking questions shows a team which lacks what it takes to run a project; Moreover if have been a solid thing on ground, most questions won't be asked.

Novatech8

member

Activity: 700

Merit: 27

Sovryn - Brings DeFi to Bitcoin

I am one of those who regret not joining WPP bounty campaign, many bounty hunters make good profits out of this project, I won't be surprised if they exit scam because that's the real aim of many new projects this days, to be on safer side you have to go for better projects instead

thesmallgod

full member

Activity: 1498

Merit: 129

Just because the price of the token has dropped does not makes the project scam. As much as the dev teams have not abandoned the project it is still not yet a scam. Many of the projects that successfully ran an ICO and listed a coin on exchange platform during the bull run in 2017 were witnessing the same thing wpp is facing. I also participated in AION token and after listing, there was a time the price was almost 10x but today the price has fall less than 500% and yet the team does not abandon the project. Please let us all be guided that the fact that the price of a token is not what we expect doesn't make the project a scam

alexforneus

jr. member

Activity: 140

Merit: 2

Big market cap on ICO mean nothing. Use cases and dev progress is the main point

Anora2020

newbie

Activity: 56

Merit: 0

But it's seems to be convincible that this is a big company has 25 years experienced in the business of advertising and marketing services company since 1992. with 190,000 employee on 3000 offices in 112 countries wow. But they affected by the crisis and led to reorganize a new growth.
After they manage their portfolio by giving a chance to agencies to focus and hired top manager to develop strategies to grow in digital markets, fast and growing markets.
I think this is a merging company that's why there market price projected will not achieved by as high as 0.01$ and it will be drop deep as low as 0.00015$. I don't think this is not considered as scam project because market is on going only the price is down. Maybe this is year we will give good price above to 0.01$.

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: hirngespenst on January 17, 2020, 01:43:08 PM

WPP was a very good project in 2018, their ICO ran for a long time and it reached nearly the hard cap 60 Million USD! The ICO price was 0.01 USD, but look at now, it's 0.00015 USD with 648 USD volume! Seriously? They did nothing promising till today! Partnered with some unknown project, making some good picture of their product with huge value! Where they said WPP token will be worth more than 1 USD! But when you ask these things in their official Telegram group, you will surely get banned, that Troy guy will do it if you ever ask about updates!

Another great project turned into shit again! So, What do you think guys about this shit project?

There are many projects like this, able to achieve sales targets but their performance in the market is not as good as expected. If we look at OMX or Shivom, we will see sales results that reach tens of millions of dollars but at present, the market cap value achieved is not more than 1 million dollars

preikaler

full member

Activity: 905

Merit: 113

$ 60 million in huge money should be with that much money they can afford to develop the project but their promise to list on 5 exchanges is only a promise for a very long time I also did not find anything interesting from this project, for now I can not say if this project is a scam

Tduty

member

Activity: 448

Merit: 21

Quote from: ragavancoin on January 20, 2020, 11:26:31 AM

I really got disappointed because I had more hope on Wpp project because ideology and plan was like that but now suddenly it is become quite. It has become 80% loss for all the investors for earlier stage investors for them in that I am also the one but I won't loose the hope I will wait because wpp token can anytime bounce back it all depends on wpp team.

I agree with you. Wpp price anytime can bounce back, it is on WPP team totally. They are just feeling cool by ignoring the coin price. I lost huge money on it. OP said everything truth here, I can relate it! They promised to get listed on Counbene, Huobi Korea and price value will be 1.15$, everything seems to lie nowadays but if they go for these, then wpp project can retrieve again!

TrevorS

sr. member

Activity: 1050

Merit: 377

Quote from: Desscount on January 20, 2020, 09:23:35 AM

Quote from: imutlinda on January 20, 2020, 09:07:33 AM

It is very unfortunate indeed that the WPP project which has been running quite long in sales so far has not done anything, because many are waiting for them and have big speculations. maybe it can be bad news, but this is the world of crypto sometimes we can get stuck at a loss when investing.

WPP is not a big project !, look for WPP in Coinmarketcap and WPP is only in the position of more than 1000, is it feasible? of course not! WPP still does not have good criteria

You're not right. WFP is a very serious project that has positioned itself as an innovative, modern, focused on future business.
However, after entering the stock exchange, investors began to sell their assets.
What is the reason for this, I do not know. Now the project really looks weak on the 1000th line.

Topic: Is WPP Project finally scam? 60 Million USD for nothing? (Read 970 times)