Worldcore has announced an Initial Coin Offering (ICO) as an initial step along their expansion plans in the blockchain based economy. Being a EU regulated payment institution, WorldCore plans to integrate their payment solutions with the blockchaain technology and facilitate conversion of various cryptocurrencies into fiat cash and vice versa.
The Worldcore ICO will begin on the 14th of October, 2017. 1 billion WRC tokens will be available for purchase, at a price of $0.10 per token. The tokens will be backed up by a smart contract that will incentivize owners with yearly revenues, or dividends. The token sale will fund the company’s plan to build a blockchain based peer-to-peer lending platform, start a blockchain based system for exchange of cryptocurrencies to cash and vice versa, launch WorldCore TV and eventually expand into a Swiss based bank with an IPO on London Stock Exchange.
Throughout the past few years, WorldCore has been marked as an active participant across multiple European Fintech events. The company managed to win the “Best Fintech Newcomer” Banking Award in 2016. Later in 2016, the company partnered with Bitpay and is now providing several cryptocurrency withdrawal options to thousands of individuals all over the world. The company also offers a myriad of worldwide payment solutions including e-currency payments, access to bank payments, prepaid debit cards, payouts to Visa/mastercard debit/credit cards and international remittance services.
WorldCore was established in 2014 by a Czech team with more than 10 years of experience in various sectors including banking services, financial markets, IT and electronic payments.
Given the large number of ICOs taking place these days, a promising one deserves to be pointed out. WorldCore WRC is one of those, especially that it seems to be backed up by a solid investment plan.