Wixlar (WIX)

https://wixlar.com

Confidence: 50%

50%

Wixlar (WIX) - Reviews & Ratings


Wixlar is the only Digital
Currency offering 12 Services to the public, 5 International Physical Offices https://wixlar.com/offices , Sponsoring
Major Blockchain, Charity, Sports and Fashion Events, as well as its own TV
Broadcasting Channel 24/7.


avatar wixlar 11 rated: March 26, 2019 16:20:06

Part of the team is some entity called "Cash Global Marketing", which name only should already raise the highest suspicion, well and indeed, if you click on their link http://cashglobalmarketing.com you will be directed to a "parked for free" page. If I look at the sum total of this page, my first feeling is that this project is secretly being used to sell some pyramid scheme, although I couldn't find direct evidence (yet). Great marketeers and the buzz words are all over the place. 


Let's take a look at Github: In April 2018 a few contributions made for ERC20 token ICO, then nothing until late Sept till early Nov, where minimal activity took place, followed by no development whatsoever up until writing this review.  


avatar Crypto Anonymous 162 rated: March 28, 2019 06:17:55

Ridiculous ERC20 token with no innovation whatsoever and sold to the public as technological improvement compared to Bitcoin, piggybagging on Ethereum. 


Whitepaper is also ridiculous, no technical innovation in this project described, it only describes the already existing blockchain technology. 1 example is how they claim they have "double spent protection" where they basically just mean PoW of bitcoin and Ethereum. 

The other HUGE RED FLAG in the whitepaper is paragraph 4.1, titled "The Opportunity with Wixlar Coins ICO". The paragraph starts with conflating the {total} Cryptocurrency Market Capitalization of (then) ~$170 billion with their ICO, which obviously have nothing to do with each other, but seems to have the function to make unsophisticated prospects believe that the ICO has that scale. The last sentence is the more obvious red flag: ".....it {WIX} will rapidly rise in price." In fact after reading that you can just stop right there and not give it any more attention.

Promovideo on the homepage claims that Wixlar Coin can be exchanged for other currencies (including fiat) on "legal exchanges" and they name Poloniex, Kraken, Bittrex and Bithumb, however Wixlar is not listed on any of these exchanges at all!

Many scam coins also promise to launch a cryptocurrency (Mastercard or VISA) credit card. Wixlar also claims they will launch a credit card, however the link that goes to that page, gives an error page, notably the URL extension of that link writes "mastercard", which should make us believe they will have a Mastercard credit card.......well I am not so sure that that will ever happen! The card is promised for Q1 2019, so eventhough there are still 3 days left, I have a strong suspicion it will never come!

And somehow being included on Coinmarketcap is big news for them, 3 videos they have about it and it is featured with spotlight on the landing page.

I would nominate this project for shittiest scam coin award of the year if that competition would exist. 


avatar Dr. Doom 169 rated: March 28, 2019 06:54:05

It was my pleasure to meet this amazing team in Blockchain Vienna 2019 and also to have partnership with them.
Wixlar is providing many services and products that we can see on their website www.wixlar.com then inside the eshop.
looks like Wixlar is one of the most promising projects today.
keep up the good work


avatar mhd 4 rated: March 28, 2019 14:35:23

Wixlar Wixlar Wixlar Wixlar Wixlar , How much do i love you people!

We visited your amazing offices in south korea and in cyprus.
Wixlar is building real exposure in the crypto market.


avatar invescopia 2 rated: March 28, 2019 14:42:20

Ok so to be fair, I don't think they are outright an exit scam. They have a real team, public videos showing the team, an active Telegram group, and a pretty fully fleshed out website. That being said, I don't think they need their own token except to fundraise. I'm also not sure how many of their numerous services are actually operational or being used by anyone. Why offer like 12 services/products and do it poorly? Why not focus on 1 at a time and get them proper adoption/exposure first? 


Edit: I read Dr. Doom's review and if most of those are true - false advertising, empty website pages, etc. then I have to move my rating 1 level Shadier. 


General information:

avatar stellarowl12 180 rated: March 30, 2019 11:49:57
Symbol:
Price (USD):$
Percent change (24H): %
Percent change (1H): %
Market Cap (USD):$ 0.00

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