Is WPP Project finally scam? 60 Million USD for nothing? - page 5.

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Quote from: $crypto$ on January 17, 2020, 07:27:54 PM

I am very happy to see the WPP project with its achievements in raising funds with ICO $ 60 million but after they entered the exchange the developer did nothing about it and only 1 exchange was reached, namely DigiFinex, then what about the $ 60 million money has been brought run away so this project is so abandoned? ~

Did you actually follow the project after the listing on Digifinex? Or you are one of those who only looks at the price on sites like CMC?
I just visited their website and saw that they already have products available for sale https://store.wppenergy.com/

I find the project quite ambitious to be honest and that's probably why it's taking a lot of time before we can see more developments. The second and third quarter will be crucial for their native token (WPP). It's where we see if it can actually be backed by a Financial Assets and become a stable coin.

Quote from: https://medium.com/@wppcoin/wpp-to-issue-corporate-bonds-570b0bffa22c

WPP Token to be backed by Financial assets
After extensive research, which took more than time than anticipated, WPP has located an acceptable viable external asset backing remedy for WPP Token. The Whitepaper, Tokenonics Report and Roadmap have been updated to reflect an adjusted timeline to establish a tie-in of WPP Token to the price of H2, now projected for Q2-Q3 of 2020 (subject to FINMA and/or SEC approval).

LouVandetta

sr. member

Activity: 602

Merit: 253

But, how trusted their claimed about they have raised 60 Million? And for what? The WPP that you're talking about is the one on cmc, right?
WPP token that only has $46,675 market cap with a lot of circulating and total supply. Is that the one? Sadly to say more or less they were only sweet talking to you and give an empty words and giving false hopes. You could see them in the current price. This project was quite the thing back when people were still talking about them. It turned out to be just another worthless project it seems..

khiholangkang

hero member

Activity: 2184

Merit: 599

Many ICO projects claim that they have collected millions of dollars without proving that it is genuine.
I think the same with this project, they claim to have collected $60 million I think that's fake. Because if it was true that $ 60 million was collected, surely they could develop the project and the tokens would have liquidity, unlike now

Jating

hero member

Activity: 2842

Merit: 772

Perhaps this project are affected by the worsening market conditions in 2018-2019 that's why it failed to build the hype. And around this time 90% of the project are literally died, just grasping for some air to keep its nose alive. Damn $60 million and there are no clear directions?

Well we can categorically say that is has scam its investors with so many promises. And I'm sure they are regretting putting lots of money on a project that has so many promises but failed to deliver.

Kemarit

legendary

Activity: 3080

Merit: 1353

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?

Obviously, it is worthless at this moment, I remember they said that WPP will be a stable coin or at least pegged to USD, LOL, worst marketing I have ever heard. So investors buy the hype, the project raises in millions but look at the f**ing price. To be honest I almost buy the hype of this project, but when I heard that 1 USD, I just laugh because unless they are stable coins, they can't achieved that because traders are going to attack it at all angle to make money. Too bad for bounty hunters, another project that will simply be forgotten and could be consider as failed project with so much potential.

Xsinx

sr. member

Activity: 1036

Merit: 253

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?

You should know by now that ICO's are just selling promises and most of the time these promises are just sweet words but no actual development happening in the background.

WPP case is not alone in this problem, there are literally hundreds of ICO that been launch in 2017 to 2018 that has near zero volume and with 99.9% below ICO price.

Your lucky that these tokens are tradeable because there are other projects that don't even get listed after collecting money from their ICO.

Aabcde

sr. member

Activity: 1050

Merit: 256

Looks like WPP will indeed die slowly.
It can be seen from the market conditions that are less interested and also ideas that are not well realized.
If I look at the website, actually their concept is good but for some reason the lack of interest from traders. It could be that dev does not really fulfill the roadmap.

princehandsome

full member

Activity: 731

Merit: 100

this project including was popular in year 2018 because many bounty hunters promoted it but everything changed on at this time. I think the WPP team doesn't want to care about prices their token anymore and that's why you will be blocked from their official telegram if there someone asks about the price WPP. precisely, this project does not have a bright future.

Bossfidelity

copper member

Activity: 350

Merit: 1

Whenever I hear the WPP project, I feel pained in my spirit. This is because I so much believed in that project and was a good follower of the project. This made me reluctant to sell when the project was trading at a good price, hoping that the price would increase when the project development comes in place. I feel really disappointed with the team and regret putting so much trust on them.

Furious 7

hero member

Activity: 2856

Merit: 644

https://duelbits.com/

That is what I am worried about when a project gets a large amount of funds from an investor, it is not used properly for the development of the WPP project, instead it is carried away by an irresponsible team.
Though WPP is a lot of awaited because with great achievements so waiting for a better exchange, but it's just bullshit they don't want to make new exchanges and the WPP tokens also have no price.

inanilujimi

sr. member

Activity: 1876

Merit: 259

such cases are similar to HDAC, ENVION, and Miracle TELE which will end in a scam. When referring to their telegram and asking questions that our account doesn't like, we are banned.
it's really a pity that they treat investors as if they were not considered there.

ecnalubma

sr. member

Activity: 1540

Merit: 420

www.Artemis.co

Its really frustrating when we see projects behave like this, but what can we expect most of them don’t make money during bear season and the sad truth is most of them has no real ideas and only making money on speculations.

tenakha

hero member

Activity: 1470

Merit: 509

As far as I understand from the ANN thread, WPP is far below expectations: https://bitcointalk.org/index.php?topic=4449273.700 The last 30-40 pages are mostly full of complaints. The promise to be listed on the 5 exchanges remains as promise for a long time. They will not be able to continue for a long time with a market cap of $51k and a volume of $520. The project is about to die.

$crypto$

legendary

Activity: 2394

Merit: 1049

Smart is not enough, there must be skills

I am very happy to see the WPP project with its achievements in raising funds with ICO $ 60 million but after they entered the exchange the developer did nothing about it and only 1 exchange was reached, namely DigiFinex, then what about the $ 60 million money has been brought run away so this project is so abandoned?
This is a sweet project at the beginning of a good sale but bad after entering the market.

sureshnsnet

legendary

Activity: 1424

Merit: 1008

I was really excited when the wpp project launched with successfully, and within a few days they were reached the hard cap funds from the ico but after all things gone wrong because still they are not fulfilled the promise which they given before ico and not responding for investors issues maybe wpp already has become shitcoin now. but still I am holding few wpp tokens has got from bounty campaign.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: #Darren on January 17, 2020, 04:32:10 PM

I am also holding WPP tokens and in my opinion, they should do much more for marketing and token promotion. According to them, they have big clients that are purchasing their equipment, but there is absolutely no effect on WPP token.

Has the team even done a promotion before? I have not seen it happen before. big clients should be a gimmick that has already created by the team. 60 million dollars worth almost zero value and zero valuation on its marketcap. You should not even put a lot of expectations for this one. if it has no effect and that's actually a fake buyer too.

oscarftw

sr. member

Activity: 573

Merit: 250

Wpp energy project has good idea but for time this project is becoming worse. You can call scam project after few months later. I didn't see anything interesting on team members. During running this campaign I thought project was good but team members wasn't legit.

pakhitheboss

hero member

Activity: 2156

Merit: 803

Top Crypto Casino

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?

I donot think that it will go upto $1 but you need to wait for it to be listed on some big exchange. As per their website they have applied for both Binance and Huobi. These two are good exchanges with good volume. The more the volume the more the chance of Fiat value going up. Still until they have some big announcement in place this year nothing concrete will happen.

Text

hero member

Activity: 2464

Merit: 594

If they promised that WPP TOKEN will reach $1 on the date scheduled then it is finally a scam. Base on the chart, the market cap goes up but no effect on the price. The projects based on ICO in the year 2017-2018 most of them considered shitcoin. You can't do anything but accept the results and decide now if what you gonna do on your next step with your past investment.

#Darren

sr. member

Activity: 784

Merit: 250

DIA | Data infrastructure for DeFi

I am also holding WPP tokens and in my opinion, they should do much more for marketing and token promotion. According to them, they have big clients that are purchasing their equipment, but there is absolutely no effect on WPP token.

Topic: Is WPP Project finally scam? 60 Million USD for nothing? - page 5. (Read 970 times)