W Coin asks 1Ton from investors even when it’s future still undefined

Good morning readers, am here again in another crypto token yet to be distributed by the end of this year 2024 W Coin.

This is almost one of a few famous cryptocurrency but not popular among influencers on x and other platforms. Its probably the oldest but slowest and has invested less in marketing.

W Coin started months back and people have spent over three months  this crypto token however something fishy of recent has happened when the project asked 1Ton from interested investors to invest in the project and get premium features and benefits.

Apparent the project celebrates 36.22 million people who are claiming coins daily with an online average of 4.05Million people.

A simple estimation could be, out of 4 active people let’s say only 300,000 people managed to pay in 1TON

Then the project collected 300,000 TONS, this is simply a speculation just to get the idea of what likely amount was collected

At a value of 5$ per ton

300,000 tons would be 1.5 million usd collected.

Now that’s not the case but the real discussion follows as below

1. Is this Coin worth it?

2. ⁠what will be the listing price of W Coin

3. ⁠what solution is this coin to the current market?

4. ⁠which team is behind W Coin

5. ⁠Who is the founder and visionary for W Coin

6. ⁠What’s the white paper and work plan for the coin

7. ⁠What is the Tokenomics of W coin

8. ⁠Will W coin hold any value ?

9. ⁠what will collected 1 ton per person be used for ?

W-COIN coming to exchange
W-COIN tap tap opportunity for gamers

W Coin and why it’s even getting more complicated

W coin shows that it has a total supply of 73.835 trillion coins. Which is definitely to the extreme.

It’s definitely complicated and hard to say all these coins given to people at ago and for free will hold a significant value not expecting a massive long term dump just like we have seen with Hamster kombat token and Rocky rabbit .

At this stage it’s also confusing if W coin now is being represented by points and a real currency will come later in limited number. This is yet to be confirmed in the late days of its listing

Of recent, something strange in these telegram tap tap games happened. Hamster kombat reduced its supply compared to points allocated to people while tapping, the distribution gave almost 0.5 % of expected amount which left very frustrated.

People thought since few coins have been allocated for everyone, each coin would hold a significant value. Unfortunately it didn’t. People have 1000 hamster kombat tokens worth 5$

 

People thought each could would then be like 30$ since it had the biggest audience already and seemed to have an available demand.

With Rocky rabbits, thousands of coins were distributed

People receiving hundred thousands but still worth zero.

People have millions of rabbits with no value at all.

This means that whether huge amounts distributed or small amounts, the difference is the similarity

W Coin has asked 1Ton from investors.

In this special paid feature, W coin gives its subscribers of 1Ton the following

1. 3x on all rewards

2. ⁠100% unlock on TGE

3. ⁠One Time Wcoin reward of 50million coins

4. ⁠2x $WAI coin claim for every 7 hours lapse

5. ⁠Online /offline special events

6. ⁠community reward pool

W coin has named this special reward giveaway as W galaxy.

In a special claim, W Coin has informed its miners that W galaxy is not part of the essentials to be part of the airdrop and its not a must.

This is just a functionality that those who want to accumulate as many W coins as possible can apply for and pay 1 Ton to support the project.

However this has raised a lot of questions on why 50 million w coins is given for free to subscribers?

Could this mean 1 ton is worth around 30million w coins or exactly 50 million w coins and therefore to people with 1 to 50 million are holding not even 5$ ???

This is a huge debate amongst W coin enthusiasts who believe and have been part of the ecosystem

Wcoin asked 1ton to access this special offer
Wcoin galaxy feature worth 1Ton

What Does This Cryptocurrency stand for and what are the benefits?

The idea of people choosing which blockchain the project should be launched on made W-Coin different in a way but this wasn’t really enough to convince people
So many are still confused about W-Coin future.
There is no strong consensus information that lay the proper foundations of W-coin

WCoin is a gaming coin of which it’s game is not yet launched and no user has any idea of the promised w-coin usability and utility.
What will really create a demand for these huge amounts of coins.
Apart from staking WCoin hasn’t really provided anything to the users that is yet amazing.

The game now with over 30 million users on telegram will it be able to maintain its popularity even after token distribution or it will fade away just like hamster kombat lost influence and other altcoins.

It should be remembered that thousands of people have invested 1 ton in this game ecosystem.

The future unpredictably of W-coin has left WCoin believers in conflict of if Wcoin is going to do anything special compared to previous projects or it’s also likely to fail.

This November is going to be An amazing month to watch and see how Wcoin shifts from hope and promises to reality and how the ecosystem will evolve with whatever will come out.

In my own opinion, WCoin stands a big test to perform .

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