Fran Strajnar is WCX's lead escrow manager. Fran is the CEO of BraveNewCoin and co-founder and director at BlockchainLabs. He has ensured escrow and presale services for some of the world's largest ICOs, including MobileGo, Bancor, SaltLending, and Incent.
Funds you send during the presale and the ICO are held safely in a cold multi-signature wallet and released according to the token escrow conditions described below.
What are WCXT (WCX Tokens)?WCXT are ERC20 tokens issued by WCX. As a holder of WCXT, you're entitled to a portion of WCX's revenue.20% of all revenue generated by WCX is automatically paid out to token holders, in amounts based on each holder's share of the total amount of tokens.
As an exchange, WCX collects fees in many digital currencies – which means that WCXT holders are paid in many different digital currencies. Holding WCXT is hence equivalent to holding a passive income portfolio of diverse digital currencies.
Your monthly income equals 20% of the fee revenue made by WCX over the past 30 days, multiplied by the amount of WCXT you own at the time of payment, divided by the total amount of WCXT. Payment dates for each year will be available in advance on the WCX site.
How will I get paid when I hold WCXT?Payments will be made to your WCX wallet. You'll be getting paid in all sorts of digital currencies, since WCX collects fees in many different digital currencies.
If your WCX tokens are held outside of WCX itself, you'll be able to provide an ETH address on your account that we'll monitor when making payments to you.
When and where will I be able to trade WCXT? WCXT will be available to trade on WCX after the public launch on October 10, 2017.
Where can I try WCX?Sign up for the WCX Beta Program to try prerelease versions of WCX starting Sep 1, 2017.