Question: Whoever printed these coins should be found. And punished. The coins that were released should be bought by the company And burned. We are losing money.

Answer: Thank you for your loyalty and trust in our project. We understand your concerns and are working closely with legal and security experts to address unauthorized token activity. Rest assured, we’re committed to protecting value for our long-term holders. We appreciate your patience and will update the community as soon as we’re able to share more.

We have also announced to offset these tokens via measures explained in the previous question.

Question: Why is the team increasing the token supply from 500 million to 10 billion without providing a clear explanation?

Answer:The total projected supply for WCO is 10 billion tokens. Right now, 3 billion WCO are in circulation. The remaining 7 billion will be released gradually as the project hits key milestones, with a set schedule for each release.

The larger supply allows WCO to support more use cases and expand its role in the ecosystem. This approach gives us room to grow and build value over time, benefiting the project and our community as we scale. We have published the tokenomics with a high-level breakdown of various components of the supply. We will address more details for each component in the coming weeks.

We appreciate your support and are committed to keeping you informed as we move forward.

Question: Given that the previous circulating supply was over 1 billion tokens, could the team please provide a detailed explanation of how the circulating supply was reduced to 500 million? What specific mechanisms were used to achieve this reduction?

Answer: The original supply was always 500 million with another 500 million locked in as support tokens. Each of the 3 chains had a billion supply each. This was due to the complex nature of our bridges were constructed. Clearly, the previous method did not work very well and raised several concerns. We apologize for any confusion regarding the circulating supply. The new tokenomics will eradicate all of the previous challenges along with labeled wallet, published token release dates, multi-validator bridge, labeled wallets, and premium accounts.

Question: If the circulating supply of WCO is reduced to 500 million, will this significantly reduce selling pressure and lead to a rapid increase in the token price?

Answers: A reduced circulating supply can be a positive step towards increasing the token's value. However, it's important to focus on building a strong foundation and delivering long-term value to the community. By focusing on project development, partnerships, and community engagement, we can create a sustainable ecosystem that supports the token's price appreciation.

Question: Can you clarify if any WadzPay team member was involved in the Polygon bridge incident? If yes what actions is the team taking to address this issue?

Answer: We clearly state that no WadzPay team member has been involved in any incident. Any such information circulating is unfounded and without any basis. It is important to note that we have a clear segregation of employee’s responsibilities between WadzPay and WadzCoin.

Question: Given the evidence suggesting insider involvement in the Polygon bridge incident, what specific security measures is the team implementing to prevent future breaches?

Answer: We can confirm none of our existing staff had any role to play in the incident. We are unable to disclose further information as it needs to be established and go via legal channels before it can be disclosed to the community.

Question: Can you provide any further updates regarding the WTK Incident?

Answer: The Polygon contract was designed by a third party contractor. This was meant for testing during the development of WadzChain. The contract was decommissioned as there was no further use for it.
The incident has occurred post the decommission. We can confirm the company and its employees had no role to play in it. We have also identified blockchain addresses where these tokens had moved. These addresses along with any others will be handled during the final migration of the WCO Coin next month. In the meantime these addresses will not be able sell the coins via any of the exchanges.
We are unable to share any further details at this time due to legal reasons.

Question: Could the team please explain why a wallet linked to the Polygon bridge incident purchased BAYC #6336 and MAYC #18750?

Answer: The BAYC and MAYC were purchased as part of the Fronterra collaboration which was designed around NFT’s. However the program was not much of a success.
The BAYC and MAYC are company assets alongwith other NFT’s.

Questions: When can we start staking WCO coin and what will be the annual percentage yield (APY)?

Answer: We will be introducing the benefits of WCO coin and staking mechanism along with the yield percentages before the 20th December Mainnet launch

Question: What happens to the WCO coins that were left in the WTK contract wallets? If they are not being distributed to holders, what is the plan for these tokens?

Answer: The WadzChain team is committed to transparency and will provide updates on the status of the remaining WCO coins. If the coins have not distributed then could be meant for the purpose of liquidity provision, sales, locked for rewards or variety of other purposes.
Once the WadzChain MainNet is Launched, The Migration process will get initiated using Multi Validator Bridge,. We will keep you posted on the detailed instructions.

Question : How do you see the future of the company and WCO progressing in the future?

Answer: We are incredibly optimistic about the future of this company and WCO. We believe that our innovative technology and strong community support will drive significant growth and adoption. We are committed to delivering on our roadmap and creating a sustainable ecosystem that benefits all stakeholders.

Question: Are there any plans to list WCO on Tier 1 exchanges in the future?

Answer: Our current focus is on building a strong foundation for WCO and driving adoption within our ecosystem. As we continue to grow and expand, we will explore opportunities to list WCO on additional exchanges, including Tier 1 platforms. We have allocated a budget for the purpose in the new tokonomics.

Question : How do I make sure I get my WTK to WCO conversion if I'm storing my WTK in a D'Cent cold wallet?

Answer:
The WCO tokens are currently supported on the D’Cent wallet for Ethereum (ETH) and Binance Smart Chain (BSC) networks. To manage your WCO tokens, please follow the steps in the link provided below:
 
https://www.wadzchain-network.io/how-to-add-wco-to-your-wallet/
 
We are actively working on enabling support for the XDC network. Once completed, we will share detailed instructions for adding and managing WCO tokens on the XDC network.
Thank you for your patience as we work to improve compatibility across networks. If you have any questions or need assistance, feel free to reach out to our support team.

If you encounter any issues or have further questions, it's recommended to reach out to the WCO project support team directly for assistance.

Question : How will the WCO team address the concerns of long-term investors who have been affected by the recent price drop? What is your Target price for 2025?

Answer : The WCO team remains committed to the long-term vision of the project. We believe that the recent price drop is a temporary setback and that the project's long-term value proposition remains strong. We will continue to focus on delivering on our roadmap and building a sustainable ecosystem.

Question: When will you add to coinmarketcap and coingeko?

Answer: The team is actively working to list the WCO token on major cryptocurrency platforms, including CoinMarketCap and CoinGecko. These platforms have specific listing criteria and review processes that must be followed.
Please note that the listing process involves thorough reviews by these platforms. The team has already submitted all the information and committed to meeting all necessary criteria and will keep the community updated on the progress.

Question: Don’t know how many times I’m going to have to post before someone actually gets back to me!  WCO is not available to find on Dcent wallet import on the XDC network WHY NOT!?

Answer: We apologies that your query has not been answered on a timely manner.

Please use the below Contract Addresd for XDC in D`Cent Wallet to import WCO tokens.
xdcd285d62d81d4d57cd1baad503ce71d2149ba2990

Question: Please provide an update on the following ASAP:
- The product video that was supposed to be revealed already
- The status of the Ambassador program
- The ratio to expect of the 1.5B airdrop in total of WCO compared to how much WTK you held on October 11
- Address rumours that you are trying to keep the price as low as possible ahead of mainnet to buyback the 1B tokens as cheap as possible

Answer : Thankyou for your question and continued support. Please find below updates for your questions.
- We have been releasing updates on WadzChain on a regular basis. We have also been constantly updating our website. We have several updates scheduled over the coming weeks.
- We are making final touches to the Ambassador program. The program will be announced very soon. Kindly stay tuned to our social media channels.
- The ratio of the airdrop will be relative to your holdings on the 11th October for fair distribution of the rewards.
- The current WCO price is a function of sell/buy pressure from the market. WadzChain does not manage or influence the token price in any way. We would urge the community not to fall for rumor or mis information.

Question: Is the Mainnet launch and Premium Accounts on track?

Answer: Thankyou for your question and support to WadzChain.
The Mainnet launch in on track for 20th Dec launch.
Premium accounts will be be available around the same time alongwith Dex

Question: Why are we not able to bridge the tokens from 1 chain to another?

Answer: Thankyou for your question. We are working on deploying a brand-new validator bridge. This will also feature its own blockchain page. It is expected to be up within the month.

Question: The WTK token was doing very well until May – June and then certain recordings started to emerge which created a lot of confusion amongst the community. Can you clarify on this?

Answer: Thankyou for your question and continued support to WadzChain. We understand your and the community’s frustration on this matter.
The recordings and other information were fabricated and had no relation to reality. The company took swift action and removed the individual from the company and the project.
The company is going through a massive growth phase and change. We have hit a turbulent patch but as we work through it and your continued support, we will soon emerge stronger and more resilient.