BlockTalks x WaCo Token AMA Transcript!
Hello! BlockTalkers & Blockchain Enthusiastic!
We recently hosted an AMA with WaCo Token, on February 28th at 11.00 AM UTC. Many of you might have participated or many of not. But we make sure no one missed out from the knowledge shared by Simone Spinola, CEO & Founder at WaCo so here we are up with the AMA transcript, for those who missed the live session, this blog post will be a saver & feeder of knowledge for them.
Introduction Questions Asked By Team BlockTalks
Q1. Could you please introduce WaCo Token to our community in layman’s term?
Ans — WaCo project is a different point of view our slogan is “go green earn WaCo”; we think the way to change the habit of citizens to go green for the future should be rewarding them.
Making them responsible and part of the value chain, Industry is recognizing waste like the new GOLD and are doing big revenues on this. With WaCo project citizens are included in those revenues.
Q2. What are the advantages of WaCo Token to other alternatives in the Blockchain field?
Ans — WaCo uses blockchain technology for secure storage data and cryptocurrency which enables the reward for people in real-time.
Aim is to establish a waste trace system (WTS) that is facilitated with an appropriate WTS APP it is the interaction tool between the consumer and the core system in blockchain, which will support consumers to correctly dispose the waste, acquiring in the meantime quality data about waste disposal while rewarding consumers with cryptocurrency.
Q3. What are the major milestones WaCo Token achieved so far & what are in the future pipeline?
Ans — As you can see in the road map the technical development of the block chain is already done and we are already testing it.
In WaCo the forecast to start the App development and the WTS is in Q2, this are the key point for the deploying of the project.
We are hard working to release a beta version and start with a group of testing users to make the appropriate tuning within the end of Q2!!!
Questions Asked on Twitter For WaCo Team!
Q1. What is $WACO token used for? How can I get $WACO token? What are the benefits of holding $WACO token?
Ans — WaCo is the rewarding coin for correctly using the APP and being active part of our project very easy, you download the app and receive the first reward, you introduce other friends and receive Waco, you use the app every day and you receive WaCo.
You can also invest buying WaCo on the Probit exchange IEO https://www.probit.com/en-us/ieo/waco-round1/0. The benefits holding WaCo: WaCo APP will be a Killer App in the green market very fast growing…. so evaluate yourself the enormous potentiality benefit holding it for a medium long period.
Q2. As an investor in the world of Blockchains, I would like to know what makes your project different from the rest that already exists. What makes them safer and more efficient?
Ans — The revolutionary point of WaCo is the focus of the whole project is based on citizens and the community they are going to build. People are rewarded to do something right. In this crypto world everybody wants to gain money, mostly based on technical solution related to the crypto world like wallet, protocols, and so on.
Waco is the one of the few project base on real industry, with enormous potential growth in the next future, in mean time you are doing something ethically fear, green, safe for the planet, just imagine after people start using the APP how the WaCo value can getting high and higher …..
Q3. Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like your?
Ans — During an industrial project for a creation of a robo mechanic arm to separate plastic waste, in a pause, drinking coffee, speaking with a friend he told me
“imagine if our kids, citizens, people are right motivated to correctly dispose waste…..” and the dream started, but being an entrepreneur I start thinking how generate revenues to make the project sustainable for citizens, investors, and the company, and the solution now is real!!! “Waste Coin”
Q4. Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about Waco Token current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Ans — Our partners at the moment basically are technical partner one for the block chain technology ValueGo® and big data analysis,
another focused in the security field and the third for the cloud platform and architecture infrastructure.
We are dealing with many FMGC Industry cannot wait to have our set of data. We also applied our project to obtain green certificate from the EU community. https://waco-token.com/whitepaper/ .
Q5. Most investors only focus on the price of the token in the short term instead of the real value of the project. Can you tell me the benefits of holding $WACO for long — term investors?
Ans — Sure, as mentioned above WaCo is a project base on community growing and based on our rewarding mechanism every user can introduce others and the earn WaCo both
so we are very confident in a few month lot of people will download the APP and this is going to generate huge revenues for the project and this reflects directly to the token value since they are the rewarding system.
The forecast according to the white paper of revenues are 3M-1H 6M-2H 15M-3H 42M-4H so for long term holders this mean potential huge growth of the value.
Questions Asked by our BlockTalks Community Members during live Session to WaCo Team!!
Q1. Who is your typical partner? What is the benefit of cooperation for both?
Ans —in the WTS side the integration with partners is B2B buy data, use data, buy and sell in auction market and b2b portal, manage waste collection, use recycled materials the Gov. have the advantage of having precise information for adopting speific policy.
Q2. What kind of rewards does waCo offer for disposing of waste? How will waCo reward users with cryptocurrency tokens after successfully disposing of their waste?
Ans — The materials are weighed with a specific factor and algorithm so the value rewarded is different disposing eg. 1KG of paper and 1kg of aluminium. For each KG equivalnet the users are rewarded we conducted an analysis in Europe and we found out a family using every day the APP can gain 26USD per month.
Q3. Presently as at today, can we possibly use your token in real life for payment?
Ans — As soon the IEO on https://www.probit.com/en-us/ieo/waco-round1/0 will start and we go listed we are doing agreement with Visa card and Paypal to enable the WaCo conversione to every expenses.
Q4. What do you predict $WaCo ‘s largest challenges will be in the future? How do you plan to address them?
Ans — the two main challenge we are facing on one side is as bigger is the community of user as fast and strong will be the pover to negotiate with the government and with the Industry so the real power of the project also in terms of revenues is in the and of citizien’s
Q5. Is WaCo a local project or a global project? Is there a plan to create local communities in various languages to let them understand WaCo in a better way?
Ans — WaCo is a Global Project, first we start in Europe, and very soon in the other continents never the less users can download APP and be rewarded allover the world. The first release it will be in 5 languages
Here are some important links of WaCo 👇
🌎 Website: https://waco-token.com/
📱Twitter: https://twitter.com/WaCo_Token
📢 Medium: https://t.me/WaCo_Coin
