ICO of the week: WorldCore

ICO of the week: WorldCore

Project name: WorldCore

Web site: https://worldcore.com/
What’s it about: distributive payment service
Crowdsale period: 14/10/2017 – 13/11/2017
Project target: The hardcap (limit) of Worldcore initial coin offering is $100 million.

About the project:

Worldcore represents a blockchain project introduced by a regulated payment establishment supported by the National Bank of Czech Republic – belonging to the range of the most authoritative finance technical organizations of the Czech Republic. One of the essential aims of the Worldcore project is to implement withdrawal solutions into the fast developing industry of cryptocurrency.

The service will run on the basis of specified per-to-peer lending platform utilizing opportunities of money transferring payment services powered by blockchain technologies to perform simplified and fast conversion process for digital currencies.

Worldcore intends to introduce the first cryptocurrency payment environment in the world. It is supposed to offer various capabilities enabling participants to get an access to cryptocurrency-compatible wallets on an equal basis with fiat ones. Among the distinguishing features of this ecosystem is its absolutely fee-free basis.

Features of the project:

  • The Worldcore startup project got a variety of prizes for its high reliability. Worldcore was named as the “Best Fintech Newcomer of 2016” according to Business News Europe and also became a National Finalist of the Central European Startup Awards 2017.
  • It also intends to cover the cryptocurrency market beyond the internet space opening real offices allowing cryptocurrency-fiat currency exchanges.
  • 3% of Worldcore tokens is supposed be allocated for bounty programs. The project doesn’t offer set targeted softcap.

The team:

The developers company of Worldcore includes more than 40 people. Alexey Nasonov, the Chief Executive Officer, according to Financial Times, is among the 100 people of Central and Eastern Europe who have significantly contributed to the evolvement of the field. Bitpay belongs to the partners of this project. However, the Worldcore startup developers have no experience in blockchain as well as cryptocurrency area.